The Republicans agree for raising Debt Ceiling ,FOR THREE MONTHS.Gold, Silver,Copper ,Crude etc may soar.The long-term,outlook for these is always:-BULLISH
1.THE MARKETS MAY BE SLIGHTLY POSITIVE in view of the DIVESTMENT of Oil India and NTPC.The Indira Congress party may try to get as much as possible for these from Indian Citizens.
2.The Baltic Dry Index is still low.Global Economy is in trouble.
3.Brent Crude steady at a higher level.
4.The Rupee is strengthening,but how far it will be allowed by the Indira Congress party remains to be seen,as a stronger rupee will adversely affect the exports.CAD etc may deteriorate further.
5.Gold,Silver,Copper and crude seem good long and short term bets.
I'll be buying Gold in small lots.
1.THE MARKETS MAY BE SLIGHTLY POSITIVE in view of the DIVESTMENT of Oil India and NTPC.The Indira Congress party may try to get as much as possible for these from Indian Citizens.
2.The Baltic Dry Index is still low.Global Economy is in trouble.
3.Brent Crude steady at a higher level.
4.The Rupee is strengthening,but how far it will be allowed by the Indira Congress party remains to be seen,as a stronger rupee will adversely affect the exports.CAD etc may deteriorate further.
5.Gold,Silver,Copper and crude seem good long and short term bets.
I'll be buying Gold in small lots.
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