Thursday, December 27, 2012

28/12/2012

THIS ARTICLE says the US Dollar is weakening......
2008:-US Federal Reserve  members gave their own Banks $4 Trillion "interest FREE" loan.


Sensex      ;               +121;          19445
vix[fear index]:-
India  -                               13.63 ;-0.11; -0.80 %
Institutional Buying:-      
i)Foreign  ₹  Crores      -         +833
ii)Indian    " "                  -         -531
BDI   $                                             699;-1; -0.14% [24/12/2012]

Sharp fall below  200 DMA of 932,.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...........Very near the all-time low, reached not  long ago.
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       1655 $/US Oz ;'                   ₹   30647/10 grams[MCX]
[ CME reduces margins in Gold($ 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      965 $/kg  ;                      ₹      57477 /Kg [MCX}
Copper   3.587 $/lb  
CCI or Reuters CRB Index US $ 295.55
Brent Crude    110.51  $/bbl
Will be updated.......

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