Showing posts with label Silver. Show all posts
Showing posts with label Silver. Show all posts

Friday, July 3, 2020

Nifty P/E above 41 As On 14th February 2021

Nifty P/E is above 41 as on 14.2.21.This is very high.
$BDI 1823  as on 2.7.20
Q1 and Q2 of 2020-2021 may be so-so
Gold and Silver will rise for the nest few years.
Apollo Tyres has started/commissioned a new Plant in Andhra Pradesh
IWP,The India Wood Products will be commissioning a new Plant in Jammu And Kashmir,in August,this year.
In India petrol and Diesel prices are being raised and consumption has started to rise. OMC stocks may rise.
Crude is expected to rise to $50/bbl.Oil producers fancied.

Saturday, October 26, 2019

RBI Sells Gold During QE And Low Rate Regime

RBI says it did not sell Gold.
RBI Sells Gold.

https://www.moneylife.in/article/rbi-sells-gold-on-high-reserve-surplus-transfer-to-centre/58516.html
Actually it should buy or keep the Gold,however small it may be,as QE and low interest rates result in higher prices for Gold ,Silver etc [and other asset classes ],due to consequent weakening of the $.



Saturday, April 28, 2012

USA's Financial Terrorism To Keep The Dollar Alive!

 Here Petro-Dollar is of very great use.So the Crude Oil demand has to be high.When the demand for Crude is high the demand for Dollar will also be high.So the Dollar gains strength.Other methods are:-
1.Derivatives, misused to suppress Gold and Silver and keep the Crude price HIGH,as there will be MORE demand for the US Dollar and hence it will remain strong.THIS IS FINANCIAL TERRORISM.Due to this,the economies of other nations are weakened,inflation increased and human suffering increases.The FAIR PRICE of Crude per barrel,  is about $23 to 39 LESS than what it is now!
2.Inflation kept high.
3.Discouraging technologies substituting Crude oil.
4.If all things fail attack those who prevent the Dollar from being strong.Like Qaddafi and Saddam.The sabre-rattling against Iran has also much to do with Dollar trade,as Iran has changed the Currencies,for its crude Oil trade.
 
To be continued....