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BSE Sensex
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loma789
Member |
07-Mar-2012 18:19
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Big sell off in equities yesterday in US. Shares of Merck the drug maker are falling like all the US and really worldwide stocks. I wish I had been betting lower on binaries with anyoption or marketsworld or the like. Double your money each winning position, I like those odds, but now that the markets have fallen, I am antsy about whether the correction is done or whether I should jump in now. Did I miss it? | ||
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montyuu
Member |
13-Dec-2011 15:52
Yells: "I dont Yell but speak sometimes..." |
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In 1973, Gold held by US central bank was 8,584 tones & currency in circulation was $61 billion. Dividing the gold held by the currency in circulation, we get a ratio of 140.2 for that year. i.e. 140.2 tones of gold were held per $1 billion of currency in circulation. In the year 2007, US central bank held 8,133 tons of Gold & the money in circulation was whopping $759 billion. The ratio comes to 10.7 .i.e. only 10.7 tons of gold held per billion dollars in circulation. If the US were to get back to the 1973 ratio of gold held per billion $ in circulation, it would have to increase its Gold Reserve to whopping 1,07,153 tons from current 8,133 tons, an increase of more than 13 times in potential demand. With the financial crisis not over yet, Central Banks like FED would continue to inject more & more money into the financial system. Thus the debasement of currency will continue, making real asset like GOLD & SILVER more & more attractive as a hedge against reducing purchasing power & loss of faith & confidence in paper currencies. We should thank GOD that US does not have a printing press for Gold. The YELLOW metal may be the only Savior of our wealth over longer term. That sure makes a case to buy GOLD. As far as our INIDA is concern, India M3 supply as on July 16 2010 was... READ HERE FOR MORE - http://bhavikkshah.blogspot.com/2010/06/one-should-always-buy-gold.html |
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montyuu
Member |
13-Dec-2011 15:51
Yells: "I dont Yell but speak sometimes..." |
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GET FANTASTIC DETAILS ON INDIAN STOCK MARKET LIVE FOR FREE  Indian Rupee at all time
Low of Rs. 53.51/$. It is believed that RBI intervenes currency market to
suppress Rupee if REER index approaches 105 & props Rupee up if REER gets
close to 95. REER above 100 indicates relative strength of the currency. REER
levels as on 25 Aug 2011 was of 117.01 implies that rupee is weaker compared
with the base year of 2004-05.
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Hulumas
Supreme |
25-Nov-2011 23:30
Yells: "INVEST but not TRADE please!" |
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Concern with US EURO, except China and Asian regional countries!
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belgeran
Veteran |
24-Nov-2011 11:16
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hmms.. don't think many  ppl here monitor india market really... the world is now more concern  with us, europe and china |
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colin_twiggs
Member |
24-Nov-2011 10:29
Yells: "goldstocksforex(dot)com" |
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Sorry to be the bearer of more bad news, but India's Sensex has broken support at 15800/16000, warning of a decline to 14000.   Repeated peaks below zero on 63-day Twiggs Momentum indicate a strong primary down-trend. |
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