Major Crude Consumers To Release From Reserves

Major Crude consumers To release from Strategic Petroleum Reserves.Crude may fall.ONGC price and perhaps the Hyper-Inflation,too!

8th November 2021

1.Coal India delays raising Coal price.Huge amounts due from customers.The share price may fall. 2.Crude has fallen.ONGC share price may fall 3.But a sort of relief,via,Excise Duty cut on petroleum fuels and further price cuts in BJP-ruled states.

Inflation Very High Coal falls Heavily

1.Inflationis very HIGH. 2.Coal price falls sharply.Coal India may fall.

Coal and NG prices may rise from October 2021

Coal and NG prices may rise by about 10% from next month onwards.Coal India,ONGC and Oil India to benefit.Power,Fertilizer and other consumers incluing the Common people to be adversely affected.

Basel III Being Implemented From This Month.Gold To Rise

Basel IIIis being implemented from this month.Gold will rise.

Coal Price Has Risen

Price History HERE. COAL INDIA SHARE PRICE IS RISING.

Mountain Of Gold Dicovered In Congo!!!

 

Mountain of gold ,90% PURE,discovered in Congo Africa,Villagers having a frenzy

February 27, 2021 by IWB

Correction Ahead

 Correction ahead as :-

1.Too many Initial Public Offerings. This generally indicates Market Top as Money goes into them than the existing stocks.

2.Nifty P/E above 41.Normal is 17!

3.Crude and NG prices high

4.Mumbai Mayor warns of Lock-down due to rise on COVID-19 cases.

14/2/2021

1.Market is in a state of EUPHORIA.Stimuli hopes,accommodative polices by the Central banks may have contributed to the same.Correction due,as Nifty P/E is above 41!

2.Gold and Silver may rise due to stimuli

3.Crude in the $60/bbl range

4.I have interest in the following stocks:-

1.PTC India as the performance is good and due to the Power Sector  reforms

2.PNB Gilts as RBI favours a lower rate.(accommodative Monetary Policy)

3.Clariant Chemicals. Interim Dividend Rs 50/=;EPS Rs 90/= range.CMP Rs 393/=

India's Macros

 1.Forex Reserves  $ 583.95 Billion. External debt $ 554 Billion. Thus India is a "Creditor Nation", now

2.Crude on the higher side near $60/bbl.

7/2/2021

 1.Nifty P/E above 40.Correction possible.

2.US stimulus $ 1.1 Trillion

3.PNB Gilts Rs 4/= , interim dividend per share.

4.$ BDI 1327

Gold And Silver May Rise

 Gold and Silver may rise as cheap money is the name of  the game.

Stock Indices are on a euphoric high. Correction is due.