Sunday, February 10, 2013

Indian Stocks The week Ahead:10/2/2013

1.Indian Stock Markets may be flat with a negative bias.
2.Gold,Silver and other Commodities may rise,due to Currency Wars and hence Devaluation of Currencies.
      Venezuela devalues Bolivar by 46%.Japan's Yen is down.Swiss Franc rises against the Euro.
3.BDI is low.Global Economy is in trouble.
4.Crude high. Inflation expected to rise.
5.China is the BIGGEST Trader of goods, in the World now.
6.BMPS,the Italian bank is in suspected fraud.JP Morgan's involvement hidden to the regulator, Bank Of Italy.Monti and Draghi implicated. Berlusconi's chances brighten in the coming polls.
7.LIBOR rate fixing scandal may adversely affect many Banks.
8.In the USA the Wall Street  INSIDERS/Billionaires,are reportedly,selling.But the US Federal Reserve wants to keep the Indices higher.Who will prevail?
        One school of thought feels the Markets will fall by 50 to 90%!!!

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