Monday, December 17, 2012

17/12/2012

The Indira Congress party-led Coalition,wants to suppress Gold ownership!
Mayawati wins big in Rajya Sabha :S/C S/T quota for promotion , Constitutions Bill Amended with HUGE Majority.
Shinzo Abe's Liberal Democratic Party (LDP) had won weekend parliamentary election.
YEN MAY FALL DUE TO STIMULUS.....

Sensex      ;               -73;          19244
vix[fear index]:-
India  -                                    14.92 ;+0.69 ;+4.85 %
Institutional Buying:-      
i)Foreign Rs Crores      -         +887
ii)Indian    " "                  -         -690
BDI   $                                      766;-18; -2.5%
Sharp fall below  200 DMA of 935,.It is worth noting that Coal Stocks are piling up in China as some Steel Mills have been closed..
BDI unable to breach the PREVIOUS TOP...........
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       1698 $/US Oz  [ CME reduces margins in Gold($ 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      1038 $/kg
Copper   3.6401 $/lb  
CCI or Reuters CRB Index US $ 295.54
Brent Crude    108.05  $/bbl
----------------------
Crude Oil (Indian Basket  14/12/2012
-     In US Dollar ($/bbl) 106.39
-    In Indian Rupees (`/bbl)    5786.55
-     last fortnight      "   "         5815.85[December 1 st to 15th,2012]
Exchange Rate  (`/$) 54.39
----------------------
US Dollar Index 79.66 [Massive QE . Interest rate kept "NEAR ZERO" by the US Federal Reserve,on 12/12/2012]
US Dollar Index 79.57
Re V Dollar          54.70
HSBC Markit Purchasing Manger's Index,rose, rapidly to 53.7 in November against 52.9,in October,,2012
Above 50 indicates growth.Applies only for production,but NOT Utilities.
Nifty Futures [Monthly]     30 points , PREMIUM,17/12/2012
P/C  NIFTY-       1.36

Will be updated.......

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