MCX Close:-

Gold Rs 3051/gram;-308,-1%

Silver Rs 57295/Kg;-2308;-3.87%

Crude is steady……

INR has fallen against the US Dollar….

M M Singh,Globalist,.member Club Of Rome, signs FTA with ASEAN in Services and Investment.Another step to make India LOSE SOVEREIGNTY.

ICE [INTERCONTINENTAL EXCHANGE],BUYS NEW YORK STOCK EXCHANGE for $8.2 BILLION.

 

Sensex      ;               -22;          19454

vix[fear index]:-

India  –                                   14.32 ;-0.15; -1.04 %

Institutional Buying:-

i)Foreign Rs Crores      –         +467

ii)Indian    ” ”                  –         -444

BDI   $                                             708;-12; -1.7%

Sharp fall below  200 DMA of 934,.It is worth noting that Coal Stocks are piling up in China as some Steel Mills have been closed..

BDI unable to breach the PREVIOUS TOP………..

GLOBAL ECONOMY  in trouble.Fiscal Deficits and Debts  of many nations,ARE VERY HIGH.

2015:-Bond Redemption of the Nations having the HIGHEST Debts,led by Japan.HUGE QEs expected.Currencies will crumble.Commodities will dominate.Land too.

Gold       1649 $/US Oz ;’                  Rs 30508/10grams

[ CME reduces margins in Gold($ 1700 per contract),Silver about $4300 per contract,Silver and  Copper($500),on 16/11/2012.

 

Shorting Gold and Silver are,reportedly,aided by the various Agencies,and turn a blind eye or look the other way. ]

 

 

Silver      963 $/kg  ;                     Rs/57295 per Kg

Copper   3.5148 $/lb

CCI or Reuters CRB Index US $ 295.62 [19/12/2012]

Brent Crude    110.06  $/bbl

———————-

Crude Oil (Indian Basket  19/12/2012

–     In US Dollar ($/bbl) 107.83

–    In Indian Rupees (`/bbl)    5902.61

–     last fortnight      ”   ”         5815.85[December 1 st to 15th,2012]

Exchange Rate  (`/$) 54.74

———————-

US Dollar Index 79.66 [Massive QE .Ineterest rate kept “NEAR ZERO” by the US Federal Reserve,on 12/12/2012]

US Dollar Index 79.24

Re V Dollar          54.86

HSBC Markit Purchasing Manger’s Index,rose, rapidly to 53.7 in November against 52.9,in October,,2012

Above 50 indicates growth.Applies only for production,but NOT Utilities.

Nifty Futures [Monthly]     0 points , PREMIUM,20/12/2012

P/C  NIFTY-       1.32

 

Will be updated….

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