Friday, November 30, 2012

29/11/2012

France Nationalizes....Lesson for India,but Alas!M M Singh is a puppet of the IMF and the World Bank...

Sensex    335  ;          19176  
vix[fear index]:-
-India  -       13.96;-0.71;-4.84%
Institutional Buying:-      
i)Foreign Rs Crores      -       +1083  
ii)Indian    " "                  -         -209
BDI   $  1097;-7;-0.63%    ABOVE 200 DMA of 921,but too low.It is worth noting that Coal Stocks are piling up in Chi;n as some Steel Mills have been closed..
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       1726  $/US Oz  [ CME reduces margins in Gold($ 1700 per contract),Silver about $4300 per contract,Silver and  Copper($500),on 16/11/2012.

Shorting Gold and Silver are,reportedly,aided by the various Agencies,and turn a blind eye or look the other way. ]


Silver     1101 $/kg
Copper   3.5780 $/lb  
Reuters CRB Index US $ 299.35
Brent Crude    110.76  $/bbl  
----------------------
Crude Oil (Indian Basket  29/11/2012
-     In US Dollar ($/bbl) 108.24
-    In Indian Rupees (`/bbl)    5974.85
-     last fortnight      "   "         5797.53[November 1 st to 15th,2012]
Exchange Rate  (`/$) 55.20
----------------------
US Dollar Index 80.22
Re V Dollar          54.73
HSBC Markit Purchasing Manger's Index,was 52.9,in October,compared to 52.8, in September,2012
Above 50 indicates growth.Applies only for production,but NOT Utilities.
Nifty Futures [Monthly]     47.55 points , PREMIUM,27/11/2012
P/C  NIFTY-

Will be updated....

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