1.Cyprus Gold Confiscation,remoniscnet of M M Singh’s and IMF’s mischief in India in the 1990s?India “swapped”about 48MT of Gold with BoE and 20MT with UBS.

2.Political situation fluid as DMK opts out of the Coalition at the Centre.

3.The State of Texas wants its Gold back from the US Federal Reserve.

4.Diesel price hiked by 45 paise per litre.Daylight Robbery.

Sensex ; -57; .18736
vix[fear index]:-
India – 16.51; -0.15; -0.90 %
Institutional Buying:-
i)Foreign Rs Crores – +368
ii)Indian ” ” – -30
BDI $ 933; +3;’+0.32%

Crosses and Above 200 DMA of 865,but still low.It is worth noting that Coal Stocks are piling up in China as some Steel Mills have been closed.
GLOBAL ECONOMY in trouble,DUE TO LOW BDI.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 1615 $/US Oz ; Rs 29677 / 10 grams[MCX]
[ CME reduces margins in Gold($ 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 938 $/kg ; Rs 54125 /Kg [MCX}

Copper 3.4565 $/lb
CCI or Reuters CRB Index US $ 294.70
Brent Crude 107.47 $/bbl [43% in Indian Crude basket]
Oman Dubai Crude price $ 104.33/bbl [57% in ndian Crude basket];15/3/2013 0815 Hrs IST
Indian Crude Basket as per the above $105.68/bbl [22/3/2013 One day Lag possible,hence approximate.Pl see previous day’s Brent price to get the exact one]

Data from THIS link.
Crude Oil (Indian Basket 21/3/2013
– In US Dollar ($/bbl) 105.63
– In Rs (`/bbl) 5733.60
– last fortnight ” ” 5822.80[March 1 st to 15th,2013]
Exchange Rate (`/$) 54.28
US Dollar Index 82.38
Rs V Dollar 54.34
The HSBC India Manufacturing Purchasing Managers’ Index (PMI) – a measure of factory production -stood at 54.2 in February, . after hitting a six month high level of 53.2 in January,2013. It stood at 53.7 in November.
Above 50 indicates growth.Applies only for production,but NOT Utilities.
The HSBC services Purchasing Managers’ Index, based on a survey of around 400 companies, fell to 54.2 in February from a one-year high of 57.5 in January. It was the biggest one-month fall in nearly a year.
Nifty Futures [Monthly] about 54.10 points , PREMIUM,22/3/2013
P/C NIFTY- 0.79