Gold Silver ratio 84

1.Central Banks are buying Gold,as the USA resorts to Sanctions,other countries are shunning the US Dollar,Liquidity Crunch in the US Dollar due to tapering by the US Federal Reserve,etc.The US Federal reserve may raise rates.
THE REASON FOR THE RATE HIKES :-
1. OVERVALUATION OF COLLATERAL DUE TO ASSET BUBBLE,AS LIQUIDITY IS MORE  AND CASH IS CHEAP.
2.To save the Pension System.The decade long ZIRP,is reported to have destroyed the US Pension System.
3.To deleverage the Huge Corporate Debt.
Besides the Gold\Silver ratio is above 84.Silver looks good.
2.In the BSE\NSE, NHPC looks good,as the GOI has brought out a Policy favouring Public Sector Power Cos.NTPC may buy some stressed Power Cos and has taken a Loan of about US Dollars 150 Million for raising production.
3.ONGC,Oil India and IOC may buyback shares.

WEEKLY TREND;20/1/2013

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.

Telengana problem continues. Reliance installations attacked.
Karnataka government clears a Rs 30,000 crore investment proposal by Mittal. Read here.
Electric panels worth Rs.70 lakh were stolen from the premises of the National Thermal Power Corporation (NTPC) plant in Dadri in Greater Noida, Read here.

1.BDI 3149,-110;-03.38%
2.US Dollar Index up(77.99). Rupee 1 paisa up v Dollar @46.07.
3.Reuters/Jeffries CRB index 290.531(-3.246)
4.Gold $1130/oz;.
5.Silver $584/kg;
6.VIX 19.06;-0.10;(-0.52%)
7.Crude $82.61/bbl.Oil slips below $83 as China signals tighter policy and  the U.S. dollar rose against the euro and yen, due to weak German and euro-zone data,and comments from Japan's new finance minister that he wanted the yen to weaken more.


8.Sensex -85,17616

Telengana problem continues.Total Bandh affected Industries also.
NTPC may be allowed to sell power.Read here.
Crude up 0.33% .Copper up @ $7.3/kg
1.BDI 3005,same as that of 24th.
2.US Dollar Index up(77.92). Rupee 10 paise up v Dollar @46.40
3.Reuters/Jeffries CRB index 283.35(-0.28).
4.Gold $1096/oz
5.Silver $541/kg

6.VIX 21.68(+8.62%)

7.Crude $79.62/bbl

8.Sensex +121,17465