Why Indians Should Hold Physical Gold!

Larry Fink of Blackrock,about 2 days back,asked Indians NOT to invest in Gold but buy stocks and be part of the Indian Growth Story. I'll show you why this is bad for India. .1.He is from Wall Street.Your wealth is exposed to Wall Street ONLy via Stocks etc but NOT thro' Gold,Silver etc.So Wall Street can exploit your wealth being in Stocks in the long run,but by trading in the short run too. 2.Wall Street will thrive if Indian Cos thrive but not if Indians have Gold instead of Stocks. 3.One of the most important things is, if Gold is in demand $ will weaken.Not good for USA and hence Wall Street. 4.There are many sob stories about huge losses in stocks ,in Options Trading etc leading to many unwanted actions.as Stock Market is like Drugs.Many,in their sob stories,expressed their inability quit F & O ,as they beacame addicted to it. 5.Holding Gold weakens $ and is good for Rupee and hence for India.

18/5/17

1.Markets fell on fears of President Trump,IMPEACHMENT,which is very difficult,as:-
i)His son-in-law, is a strong factor, for support of Israel,he enjoys.It might be recalled,that it was his daughter who forced to contest for the post of the POTUS.
    Gold rises.
ii)He has supported Israel strongly.Any such action,will strengthen any US President
2.IMF article hints at $ being replaced by SDR.
3.BitCoin = $ 1823!
4.USD Index 97.62
5.Rupee V $ 64.91
Will be updated.......

5/3/17

Sensex 28832
Gold Rs 29020/10 grams
Silver Rs 42532/Kg
NG rs 187.10/mm Btu
Rupee 66.81 V $
Brent Rs 3556/bbl
USD Index 101.40
Bit Coin $ 1259
BDI $939
Own Physical Gold,as BOfA,has predicted H2 of 2017,for the Dow to collapse more than 52%,as per an article in Zerohedge!
Things to watch;-
8th March a famous IPO
US Federal rate hike
Ides Of march for US Debt Ceiling 

Weekly Trend,18/9/16

1.Important events this month:-
a)FOMC meet on 21st and 22nd
b)BoJ meet on the 21st
2.Gold Rs 30813/10 grams
3.Silver Rs 45273.Kg
4.Rupee 66.98 V $
5.US Dollar Index 96.04
6.Brent $ 45.77/bbl
7.$ BDI 800,200 DMA 548,66
8.Sensex 28611
Correction expected,but an IPO,may keep the Index higher for day.
Physical Gold and Silver can be bought on dips on a SIP basis.
9.BitCoin $ 607.6

4th Week August 2016

1.The eagerly awaited FOMC Meet,on 26/8/16,was a surprise.While,Yellen sounded Hawkish and Dovish,with a confusing signal,Stanley Fischer, was point blank and asserted that there would be rate hike,next month.
   Expect:-
i)Commodities and Commodity shares to fall
ii)The US Dollar to rise
iii)FPIs to move money from EMs.India's Sensex and Nifty may fall.
2.Sensex fell to 27782
3. Gold Rs 30990/10 Grams
4.Silver Rs 43875/Kg
5.Rupee 67.06 V $
6.USD Index 95.20
7.HUI 239.58
8.$ BDI 720,200 DMA 533.46
9.Brent $ 49.92/bbl
10.NG Rs 196/mm Btu

India Loses Heavily On World Bank Loans

India's Debt to the World Bank is about $ 102 Billion.The Indian Rupee is being weakened by the RBI on a regular basis,reportedly,on the diktat of the IMF,to show a higher GDP figure by exports,but making Indians poorer and poorer due to transfer of wealth to the rich from the Middle Class, as exporters are rich and a Minority and the Majority Indians are poor and Middle Class  and are non-exporters.
  The following Table is from Wikipedia.


Year Indian₹ per US$
(average annual)
1975 9.4058
1980 7.8800
1985 12.3640
1990 17.4992
1995 32.4198
2000 44.9401
2005 44.1000
2010 45.7393
2013 58.5515
2014 61.4000

2015 64.05

       In 2009 India took a Loan of about  $ 2,2 Billion and in 2010 about 9.30 Billion.As per the Table above,the Rupee has weakened,considerably and the loss to India may be huge,despite the "long-term" nature of the World Bank Loans. 

    The first link mentions that the Loans are over a period of 70 years.In 1948 or so the Rupee was 3.30 to the US Dollar.Imagine the loss India would be suffering due to World bank Loans!!!

The following is from Wikipedia.

Year	Exchange rate (INR per USD)
1948	3.30
1949	3.67
1950 - 1966	4.76[16]
1966	7.50[16]
1975	8.39[16]
1980	7.86[17]
1985	12.38[17]
1990	17.01[17]
1995	32.427
2000	43.50[17]
2005 (Jan)	43.47[17]
2006 (Jan)	45.19[17]
2007 (Jan)	39.42[17]
2008 (October)	48.88
2009 (October)	46.37
2010 (22 January)	46.21
2011 (April)	44.17
2011 (21 September)	48.24
2011 (17 November)	55.3950
2012 (22 June)	57.15[18]
2013 (15 May)	54.73[19]
2013 (12 Sep)	62.92[20]
2014 (15 May)	59.44[21]
2014 (12 Sep)	60.95[22]
2015 (15 Apr)	62.30[23]
2015 (15 May)	64.22
2015 (19 sep)	65.87
2015(30 nov)	66.79

Weekly Trend;6/12/15

1.Indian Stocks may rise,as Dow has risen on Friday,4/12/15.GST expectations add to this view,though overall Global picture is HIGHLY negative,what with Crude,Copper and Iron Ore prices very low.Dr Copper is an indicator of Global Economy and he is very weak!Of course,the US Federal Reserve rate hike is another point.Indian Rupee continues to be weak.66.70 v US Dollar
2.$BDI 563;200 DMA 743;Bad for Global economy and this is a leading indicator.
3.Brent Crude $ 43/bbl,expected to fall.At least not above $ 50/bbl,as per reports.Hence US Oil Junk Bonds are in trouble.OPEC has also not decided to cut output.
4.US Corporate Bonds are in trouble as well. 
5.Refinery Stocks look good at the moment,but staying away from the Market seems better.
6.Silver Rs 35198 /Kg
7.Gold Rs  25715/10 Grams
8.NMDC reduce price of Iron Ore drastically to Rs 1500 /MT from 3600.
      This stock can be bought at Rs 60/= and below,as any Divestment will make the GOI to manipulate its price.

RBI's Policies Are Wrong

The RBI was the child of the BoE and it is suspected to be a puppet of the BIS and IMF.
  The following are bad for India:-
1.Forex Reserve contains a meagre percentage of Gold,consisting ,almost,entirely of FIAT Currencies.
   Gold has to be more in India's Forex Reserves.
Huge Forex Reserves,in FIAT  weakens India's Rupee making Indians poorer.More Gold in the same will weaken the US Dollar and hence strengthen the Rupee.This will make Indians preserve their wealth.
2.US Treasury Holdings are rising at a rapid rate WEAKENING the Rupee,while many other Nations are dumping the same.
3.RBI is anti-Gold due to BIS,IMF,US Federal Reserve,BoE etc.This will endanger India's Finance,in the long run.

WEEKLY TREND;10/8/15

1.India's Stocks may be flat with a negative bias.Low Crude may be positive for some sectors.
2.World Stocks may crash as per many expert.A crash worse than that of 2008 is anticipated,as the Derivatives,which caused it remains uncorrected.
3.BDI $ 1200; 200 DMA $ 802.93
4.Brent $ 48.35/bbl
5.Gold Rs 24895/10 Grams
6.Silver Rs 34021/Kg
7.Rupee 63.7422 V the US Dollar
8.US Dollar Index 97.70

3/8/15

Sensex  +72;   28187
Gold $ 1084/US Oz    Rs 24775/10 Grams
Silver $ 465/kg [Rs 33442/Kg]
Rupee 64.1204 V US Dollar 
US Dollar Index 97.47
Brent $ 49.52/bbl     4/8/15  at 0440 Hrs IST

WEEKLY TREND;2/8/15

1.Indices may fall due to lack of "reforms",[read anti-India Policies],which will hinder foreigners taking over India via the Corporations and the banks. 
2.Geo-political worries,continue.
3.Gold and Silver continue to be smashed.
4.BDI $ 1131;200 DMA $ 796.71
5,Brent $ 52.21 /  bbl.
6.Rupee 64.14 V the US Dollar
7.US Dollar Index 97.19

27/4/15

Sensex -261;     27177
Gold MCX Futures Rs 27050/10 Grams
Silver MCX Futures Rs 37050/Kg
BDI $ 600; 200 DMA 867.35
NG rs 160/mm Btu
Brent $ 65. 28/bbl
Rupee    63.48  v the US dollar
U S Dollar index 96.71

24/4/15

Sensex -297;    27438
BDI $ 599;   200 DMA   868.53
Gold MCX Futures Rs 26701/10 grams $1179/US Oz
Silver "              "    Rs 35950/Kg $ 506/Kg
Ng Rs 161 /mm Btu
Brent $ 65.28 / bbl
Rupee 63.57   V U S Dollar
U S Dollar Index 96.96
BitCoin $ 218

20/4/15

Derivatives lack collateral and hence ,it seems,the US Federal Reserve is resorting to QEs,RRPs[Reverse Repurchase Agreement],for the US Treasuries to ACT as the same[collateral is being created by printing money,reducing Liquidity etc].
A revisit to 2008 is most likely as per many experts.
Sensex -555.8;      2786.21
Sensex may fall further due to the retrospective taxation on the FIIs to the tune of Rs 40,000 Crores and anticipated poor Q4,from India Inc.
Rupee   63.08 V the US Dollar
U S Dollar Index  97.96
Gold MCX Futures Rs 26829 / 10 Grams.rise due to Akhsay Trithiya.
Silver MCX Futures Rs 36080/10 Grams.Silver seems good for Trading now.Long term also,good.
Brent $ 63.45 / bbl
NG Rs 161 /mm Btu

14/4/15

Sensex  +165;     29044
Gold MCX Futures Rs 26545 / 10  Grams'
Silver  "          "        "   36400/Kg
NG Rs 158 /mm Btu
Brent $ 58.49/bbl
Rupee 62.2871 V the US Dollar
U S Dollar index 98.80.Euro rises aginst the US Dollar
Greece may exit EU via Default.
As per many articles on the net;-
i)US Federal Reserve and ECB are keeping interests low:-
a) for servicing their huge Debts
b)The threats posed by the Derivatives connected with low interest rates.
THAT IS,THE BANKERS HAVE BET ON LOW RATES.If the rate is hiked they will lose.
ii)A decades long Global Depression is anticipated
iii)Global Financial Crash due to the Derivatives is imminent.
Will be updated.......

23/3/15

1.Sensex falls by 68 points.
2.NDA starts City Of London "clone" in Gujarat and names it GIFT City.
3.LBMA started Gold price mechanism with ICE platform on 20/3/15
4.Rupee 62.22 V the US Dollar
5. US Dollar Index 96.95
6.Silver and gold recover
7.Brent  $ 55.32/bbl
Will be updated....

20/3/15

1.Sensex falls by 208 points.
2.Gold and Silver [MCX Futures Rs 37700/Kg ]shoot up.
LBMA price,"discovery" mechanism For Gold,administered by ICE via 6 banks starts today.
3.Rupee 62.47 v the US dollar
4.US Dollar index falls to 97.58
5.Mineral Mining Bill passed.
cost of production of SAIL,Hindalco and Tata Steel may rise by about 30% as per Business Standard site.
6.Huge correction expected,in the stock markets.
Will be updated.....

19/3/15

1.Sensex -152;  28470
2.MCX Gold Rs 25955 / 10 Grams  [$ 1171 /US Oz]
3.MCX Silver Rs 36340/Kg[$ 518/Kg]
4.US Dollar index   99.25
5.Rupee V the US Dollar   62.52
Dow falls,by more than 150 points at 0200 Hrs IST.Euro also,by 2%.
6.So one of the misuses of the so-called "terror',is keeping the Fiat Currencies strong by an attack on Gold.
    France puts Euro 1000 limit on Cash ,suppresses Gold and Bit Coin.
Will be updated....

18/3/15

1.Sensex -114;
2.Greece may exit Eurozone.
3.NDA/RBI,mull allowing India's Commercial Banks to hold Reserves in Gold.
4.GOLD ,Silver and Crude  RISE,US Dollar FALLS AS The US FEDERAL Reserve,SCALES BACK HIKES.
Gold $ 1168 /US oz
Silver $ 512/kg
US Dollar index 97.83
Rupee V US Dollar 62.29
Brent $ 55.91 / bbl
Will be updated.....

17/3/15

1.Sensex +298;  28736
2.BDI $562; 200 DMA 912.80
3.MCX Gold Rs 25627 / 10 Grams
4.MCX Silver Rs 35358 /Kg
5.NG Rs 178 / mm Btu
6.Brent Crude  $ 53.44 /bbl 
7.Rupee V US Dollar 62.70
8.US Dollar index 
"Crucial" FOMC meet tomorrow...
9.IBM working on Central Banks' Currency Control,using "Blockchain" as in BitCoin.