1.RBI reduces MSF rate 0.50% for increasing liquidity.
2.Perpetual QE by the US Federal Reserve on cards.
Buying physical Gold and Silver in small lots may be beneficial.ONE HAS TO WATCH THE INDIAN RUPEE,THOUGH.IT IS BETTER TO BUY COMMODITIES,WHEN THE RUPEE IS STRONGER AGAINST THE US DOLLAR.
3.Putin,in Bali,Indonesia,says,Global Economic Recovery will be SLOW,due to imbalances in the Financial System.
An excerpt from the link above:-
"Leaders from the 21 APEC members economies were expected to discuss goals to reduce trade and investment barriers and speed up regional economic integration and infrastructure development."
Now it is clear,why M M Singh is insisting on Infrastructure.
One World Totalitarian Government........
Sensex +88.51 ; 19983.61
VIX India 26.55 -0.28 -1.04 %
Institutional Investors Rs Crores
FII +226
DII -454
Nifty Premium about 25.7 points[ on 8/10/2013]
Nifty P/C 1.27
Gold 1318;MCX 29619 / 10 grams 5% premium for small lots in India
Silver $ 717 MCX Rs 48952/Kg Premium 10% in India for small lots.
Copper $ 3.2474 / Lb
THAT IS,PHYSICAL GOLD HAS DEMAND AND HENCE THE LOW PRICE SHOWS MANIPULATION MISUSING THE DERIVATIVES,BY THE VESTED INTERESTS.
BDI $ 2146;+31;;+1.46% ABOVE 200 DMA 1022.46
Reuters CRB Index $ 288.00.
Brent $109.68/bbl
US 10 Year Treasury Yield 2.66%;+0.01%
----------------------
Indian Crude Basket 7/10/2013
$/bbl 106.72
Rs/bbl 6593.16
At Rupee V Dollar 61.78
Last Fortnight September 16 th to 30th Rs 6739.66
--------------------------
US Dollar Index 79.88 [US Government shut down.QE to continue till 2014]
Re V US Dollar 61.94
HSBC PMI rises from 48.5 in August to 49.6 in September 2013.
Below 50 is bad.
HSBC Service sector PMI,44.6 in September against 47.6 in August 2013.
Read more: http://voiceofrussia.com/news/2013_10_07/Acute-phase-of-crisis-over-but-one-shouldn-t-expect-speedy-economic-recovery-Putin-6268/"Will be updated.......
2.Perpetual QE by the US Federal Reserve on cards.
Buying physical Gold and Silver in small lots may be beneficial.ONE HAS TO WATCH THE INDIAN RUPEE,THOUGH.IT IS BETTER TO BUY COMMODITIES,WHEN THE RUPEE IS STRONGER AGAINST THE US DOLLAR.
3.Putin,in Bali,Indonesia,says,Global Economic Recovery will be SLOW,due to imbalances in the Financial System.
An excerpt from the link above:-
"Leaders from the 21 APEC members economies were expected to discuss goals to reduce trade and investment barriers and speed up regional economic integration and infrastructure development."
Now it is clear,why M M Singh is insisting on Infrastructure.
One World Totalitarian Government........
Sensex +88.51 ; 19983.61
VIX India 26.55 -0.28 -1.04 %
Institutional Investors Rs Crores
FII +226
DII -454
Nifty Premium about 25.7 points[ on 8/10/2013]
Nifty P/C 1.27
Gold 1318;MCX 29619 / 10 grams 5% premium for small lots in India
Silver $ 717 MCX Rs 48952/Kg Premium 10% in India for small lots.
Copper $ 3.2474 / Lb
THAT IS,PHYSICAL GOLD HAS DEMAND AND HENCE THE LOW PRICE SHOWS MANIPULATION MISUSING THE DERIVATIVES,BY THE VESTED INTERESTS.
BDI $ 2146;+31;;+1.46% ABOVE 200 DMA 1022.46
Reuters CRB Index $ 288.00.
Brent $109.68/bbl
US 10 Year Treasury Yield 2.66%;+0.01%
----------------------
Indian Crude Basket 7/10/2013
$/bbl 106.72
Rs/bbl 6593.16
At Rupee V Dollar 61.78
Last Fortnight September 16 th to 30th Rs 6739.66
--------------------------
US Dollar Index 79.88 [US Government shut down.QE to continue till 2014]
Re V US Dollar 61.94
HSBC PMI rises from 48.5 in August to 49.6 in September 2013.
Below 50 is bad.
HSBC Service sector PMI,44.6 in September against 47.6 in August 2013.
Read more: http://voiceofrussia.com/news/2013_10_07/Acute-phase-of-crisis-over-but-one-shouldn-t-expect-speedy-economic-recovery-Putin-6268/"Will be updated.......
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