7/1/15

1.Saudi cuts oil price to the USA quite a bit to Europe a bit and RAISES for its Asian Customers.Where's WTO?
2.The talk between the Coal Secretary and Unions fail.Coal output and dispatch from CIL, fall by half.
      Strike called off.
"Coal India labour union strike called off Power, Coal and New & Renewable Energy Piyush Goyal had a marathon meeting with the labour unions at Coal India.
The government has throughout its course of negotiations maintained its earlier position that it cannot relent on commercial mining. That is an enabling provision – that is beyond the coal sector, the mining sector, it is an indicator of the broader reform move that the government is seeking to undertake. 
   On the subject of divestment, no detail has emerged, but there could be some concessions."

3.Shell agrees to compensate Nigerian Fishermen and their Communities for Oil Spills.
4.Brent $ 49.66 / bbl at ICE London.
5.Gold from retired Nuke in the USA?
6.Derivatives explode as Crude price falls......
Will be updated.................

WEEKLY TREND;23/11/14

1.Till the Divestment of ONGC and CIL,the Indices may NOT fall.After these there may be a correction,till Budget 2015/16.
2.BDI is in an uptrend.  $1324;  200 DMA  $ 1079.90
3.Gold and Silver may fall and then rise,as most Central banks are short of Ideas,as the WEALTH of most nations seems to have been STOLEN!
      Currencies are being weakened,ostensibly for stimuli,but there is no hope without reduction in Debt,which seems impossible now.CRUDE  MAY RISE TO $100 /BBL,after the USA has achieved it objective of shattering Russia's economy.But Russia is buying Gold,regularly.
     Thus Gold and Silver will shoot up,as ECB also starts its QE-binge.The US Federal Reserve seems to have no choice,but to keep the QE on covertly or overtly.China has cut rates and India may follow suit,soon.
      The Globalist Central Bankers seem to be doing all they can, to suppress Gold and Silver,with the misuse of the Derivatives,exorbitant taxes,on import,as is going on in India to prop up the US Dollar.
4.Global Economy has in grave trouble,even without the sanctions and counter-sanctions.
Will be updated.......