Monday, October 29, 2012

29/10/2012

If THIS article is to be believed the RBI has been made IMPOTENT,by the Government led by M M Singh,and the Indian Banking System is now inn great danger.
Jaipal Reddy unhappy over being removed from Ministry Of Petroleum And NG.Reddy is reported to have taken on, RIL and paid the price.THE PRESENT INDIRA CONGRESS PARTY-LED GOVERNMENT IS AN OLIGARCHY.
The EU-IMF Troika of inspectors in Greece has called on European bodies and official creditors to write off a chunk of their loans.
Netherlands Citizens Group,wants the nation's Gold [612 MT], Back.
SEC supports the Banksters/ wrong-doings?
Sensex  +10;          18636
vix[fear index]:-
-India  -       15.12;+0.91;+5.40%
Institutional Buying:-      
i)Foreign Rs Crores      -          -77
ii)Indian    " "                  -          -10
BDI   $  1049; -2;-3.40%;   ABOVE 200 DMA of 895[weak Dollar],but too low
, GLOBAL ECONOMY  in trouble.Fiscal Deficits and Debts  of many nations,ARE VERY HIGH.
2015:-Bond Redemption of the Nations having the HIGHEST Debts,led by Japan.HUGE QEs expected.Currencies will crumble.Commodities will dominate.Land too.
Gold       1701 $/US Oz  [Higher margin requirements for gold trades, were announced Friday (4/5/2012)by the CME Group.Bankers who short Gold and Silver are,reportedly,aided by the various Agencies,like the US Federal Reserve,CME,CFTC,SEC etc,and  turn a blind eye or look the other way. ]


Silver     1021 $/kg
Copper   3.4959 $/lb  
Reuters CRB Index US $ 297.74 [US Markets shut down due to Hurricane]
Brent Crude    109.20  $/bbl
----------------------
Crude Oil (Indian Basket  25/10/2012
-     In US Dollar ($/bbl) 107.33
-     In Indian Rupees (`/bbl) 5756.11
-     last fortnight      "   "         5806.67[October 1 st to 15th,2012]
Exchange Rate  (`/$) 53.63
----------------------
US Dollar Index 80.21
Re V Dollar          54.07
HSBC Markit Purchasing Manger's Index,was 52.8,in August,compared to 52.9, in July,2012
Above 50 indicates growth.
Nifty Futures [Monthly]  41 points , PREMIUM/Discount,29/10/2012
P/C  NIFTY 1.16

Will be updated.......

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