1.Indian Stock Market depends on the rate cut decision/monetary policy by the RBI in June.Inflation is low but actual cost of living is high due to erosion of the Rupee by 300% from 2008,due to stimuli,which are reportedly continuing.
2.BDI at $840 almost 200 DMA.It is unable to pierce the previous top and falls to or very near the 200DMA.
GLOBAL ECONOMY IS IN TROUBLE.
3.Gold and Silver prices being suppressed while Crude is being maintained at a higher level[Fair price of Brent Crude is about $98/bbl]
2.BDI at $840 almost 200 DMA.It is unable to pierce the previous top and falls to or very near the 200DMA.
GLOBAL ECONOMY IS IN TROUBLE.
3.Gold and Silver prices being suppressed while Crude is being maintained at a higher level[Fair price of Brent Crude is about $98/bbl]
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