Stocks To Keep A Close Eye On

[SavantGarde]

Hi Rajesh,

I Think It Was July-August 2004 Or 2005 When Gold Was Around $284, That Is From When I Have Been Tracking & Accumlating...At That Point Of Time It Was Clear That It Would Touch $800 In The Future, Because It Had Earlier In 1982.

Medium Term (3-5 Years)

Gold Should Be Between Rs.25000-48000 Taking Into Account Rupee Appreciation Against Dollar

Longer Term (+10-Years)(If USD Is Still The Reserve Currency)

Should Be +60K Only Because Rupee Will Have Strengthened To About 22 To A Dollar, Caveat Being If USD Is Still The Reserve Currency

SavantGarde

Hello SG sir,
what's your broader call on Gold? Not a trading view but medium to longer term view. Technically broken out of 30 year base, but is it some kind of bubble?($ 1500/2000 ?)

 

[AlokTewari]

Hi Rajesh,

I Think It Was July-August 2004 Or 2005 When Gold Was Around $284, That Is From When I Have Been Tracking & Accumlating...At That Point Of Time It Was Clear That It Would Touch $800 In The Future, Because It Had Earlier In 1982.

Medium Term (3-5 Years)

Gold Should Be Between Rs.25000-48000 Taking Into Account Rupee Appreciation Against Dollar

Longer Term (+10-Years)(If USD Is Still The Reserve Currency)

Should Be +60K Only Because Rupee Will Have Strengthened To About 22 To A Dollar, Caveat Being If USD Is Still The Reserve Currency

SavantGarde

News is that Iran is quietly converting part of its $120 billion foreign exchange reserve into yellow metal. Some Saudi investors have invested $3.47 billions in gold during last 2 weeks. India had recently bought 200 tons of Gold thus converting part of its foreign exchange reserve.With Dollar weakening day by day, it makes sense to buy rising commodity with falling currency.

Cheers !!!

 

[MurAtt]

And what will you do when one fine day Uncle Sams currency decides to bounce back with a vengeance ....

One thing is sure ... it is irreplaceable for the next 10-15 years .... atleast ...

AND more importantly -

Anyone would help a sinking man if he (the sinking man) is in a creditor ... get the gist .. here it is not one man... it is world economies at stake ... you think the other world countries would let Uncle Sam sink down and down and down ....

News is that Iran is quietly converting part of its $120 billion foreign exchange reserve into yellow metal. Some Saudi investors have invested $3.47 billions in gold during last 2 weeks. India had recently bought 200 tons of Gold thus converting part of its foreign exchange reserve.With Dollar weakening day by day, it makes sense to buy rising commodity with falling currency.

Cheers !!!

 

[rajeshn2007]

Hi Rajesh,

I Think It Was July-August 2004 Or 2005 When Gold Was Around $284, That Is From When I Have Been Tracking & Accumlating...At That Point Of Time It Was Clear That It Would Touch $800 In The Future, Because It Had Earlier In 1982.

Medium Term (3-5 Years)

Gold Should Be Between Rs.25000-48000 Taking Into Account Rupee Appreciation Against Dollar

Longer Term (+10-Years)(If USD Is Still The Reserve Currency)

Should Be +60K Only Because Rupee Will Have Strengthened To About 22 To A Dollar, Caveat Being If USD Is Still The Reserve Currency

SavantGarde

Thanks SG sir,
If dollar depreciates/rupee gets stronger, then what about export oriented comapnies/IT industry, are they in for some trouble?
Or their CFOs would take care of the currency part, by hedging etc..?

 

[MurAtt]

IT is hedged, has to be ....

 

[jace48]

Please mark your attendance.

How many
Austrian
Keynesian
Monetarist
Neo-Classical
Neo-Classical-Monetarist
Neo-Classical-Monetarist-Keynesian
Neo-Classical-Austrian
Neo-Classical - Gaussain Coupla
Monetarist - Keynesian
Keynesian - Austrian - Gaussain Coupla - Monetarist

Finally how many CNBC-TV18

 

[jace48]

Even a jew would help a sinking man if he is in debt of the jew ...

Sir jee kuch pale nahi pada. For a moment it looks like some one or community is getting targeted

 

[prasadam]

Hi SG.

Facing problem in loading this thread of TJ. Slight delay. What could be the reason?

 

[SavantGarde]

Rajesh,

Please Refer To The Time Frame Mentioned In My Post.....

Now Coming To Rupee Appreciation....Eventually It Will Play Out In Such A Way That IT Companies Will Have Pricing Power....Exports Too Will Have It But At The Moment It Is Not Clear How Much Pricing Power Exports Will Have For That We Will Need To Introduce Variables Such As China, Vietnam, Cuba & Some African Countries Which Will Become Big Emerging Markets In +10 Years....& Their Respective Currencies, Which I Doubt Very Much Will Be Full Float...But Will Depend On Their Artificial Peg....Too Many Variables...To Start Thinking In Such Long Term View...Am Not Aspiring To Head IMF Or WB


SavantGarde

Thanks SG sir,
If dollar depreciates/rupee gets stronger, then what about export oriented comapnies/IT industry, are they in for some trouble?
Or their CFOs would take care of the currency part, by hedging etc..?

 

[SavantGarde]

Hi Jace,

Well Well....There Is No Targetting Of Any Such Thing...All You Need To Do Is Delve Deep Into How The banking System Got Started In U.S. Who Were The Guys Who Migrated from Europe To U.S. & What Was Their Aim...& How Policies Were Changed...Once You Have Succeeded In The Above, Answers Will Be In Plain Sight.

How Many Of You Think Federal Reserve Is Government Organisation?

RBI Of Our Country Is A Government Organisation & Why Shouldn't A Central Bank Of Any Country Be A Government Organisation

You Want Some Help With Digging...

SavantGarde

Sir jee kuch pale nahi pada. For a moment it looks like some one or community is getting targeted