Friday, February 01, 2013

1/2/2013

PSU Banks will be affected adversely by Loan Restructuring Norms.
 Gold and Silver prices are being suppressed by the Bankers but Crude is raised by Big oil,.on Dollar terms,even as the US Dollar falls!!!
Americans BUY about Half a Billion worth Gold and Silver in January,2013,ALONE.the confidence on the US Dollar is weakening.
GLOBAL ECONOMY WEAK.The markets may crash 50%.
January 2013 PMI falls.
Sensex      ;               -114;         19781
vix[fear index]:-  
India  -                     13.76; -0.37; -2.62 %
Institutional Buying:-      
 i)Foreign  ₹  Crores      -         +762
ii)Indian    " "                  -          -1089
BDI   $                                             750;-10;-1.33%
Sharp fall below  200 DMA of 916,.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       1668 $/US Oz ;                  Rs   29938 / 10 grams[MCX] MANIPULATION.As the US Dollar falls ONLY Gold and Silver FALL in Dollar terms!!!
[ CME reduces margins in Gold($ 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      1024 $/kg  ;                      Rs      58502 /Kg [MCX}
Copper   3.7495 $/lb  
CCI or Reuters CRB Index US $ 305.07 [US Dollar weakens against the Euro]
Brent Crude    116.65  $/bbl
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Crude Oil (Indian Basket  31/1/2013
-     In US Dollar ($/bbl) 112.39
-    In  Rs   (`/bbl)    5989.26
-     last fortnight      "   "         5926.31[January 16 th to 31 st,2013]
Exchange Rate  (`/$) 53.29
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US  Dollar Index 79.21
 Rs    V Dollar          53.15
The HSBC India Manufacturing Purchasing Managers' Index (PMI) - a measure of factory production -stood at 53.2 in January, after hitting a six month high level of 54.7 in December. It stood at 53.7 in November.
Above 50 indicates growth.Applies only for production,but NOT Utilities.
Nifty Futures [Monthly]     about 40 points , PREMIUM,1/2/2013
P/C  NIFTY-       1.08

Will be updated.....

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