General Trading Chat

Most to suffer are people who are crooked and foolish! Few politicians belong to the former group but hardly anyone in the latter.

Why on earth would you keep black money stashed in a locker and that too in cash? Cash is the stupidest medium to store black money!

The other group to suffer is the terrorists who rely on external FICN (fake indiancurrency note) funding.
 

travi

Well-Known Member
Most to suffer are people who crooked and foolish! Few politicians belong to the former group but hardly anyone in the latter.

Why on earth would you keep black money stashed in a locker and that too in cash? Cash is the stupidest medium to store black money!

The other group to suffer is the terrorists who rely on external FICN (fake indiancurrency note) funding.
See, even 10-12 years ago I've heard this idea many times. Aged ppl will tell you this.
Its the same arrogance that those who had it thought it will never happen, the same way, when market teaches a lesson to arrogant trade.
 
Most to suffer are people who are crooked and foolish! Few politicians belong to the former group but hardly anyone in the latter.

Why on earth would you keep black money stashed in a locker and that too in cash? Cash is the stupidest medium to store black money!

The other group to suffer is the terrorists who rely on external FICN (fake indiancurrency note) funding.
Many tax evaders and corrupt politicians and Govt babus when raided were found to be having lots of black money in cash in the form of high denomination currency notes...they then use this cash for buying property,Gold etc...see any tax raids and its findings.

Smart_trade
 
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See, even 10-12 years ago I've heard this idea many times. Aged ppl will tell you this.
Its the same arrogance that those who had it thought it will never happen, the same way, when market teaches a lesson to arrogant trade.
I can understand a small portion of "corrupt" peoples's black money maybe in cash.

But to keep ALL/MOST of your black money in cash is just plain stupid. These are the people you hear in the news who commit suicide - small fish if you may.

But the country faces a bigger threat from the people who are crooked and smart - People with gold bars in their lockers, multiple land and real estate posessions, Swiss bank and Cayman island accounts.

ButI think, the move is mainly a part of the ongoing economic war with our neighbours.
 

travi

Well-Known Member
Is Trump factored in or a few more days?
That is at Nifty 8100-8200 levels.

After this we have the rate hike which is inevitable.
 

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