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July 21, 2012

Gold ~ Will it go some more Lower before it again goes much Higher ? ~ Check out the US $ Supply for the answer !

Gold ~ Will it go some more Lower before it again goes much Higher ?

This is a Million Dollar Question that can make you a Million Dollars ! 

I took you on  gold run from US $ 500/oz levels from 2005/6 to US $ 1900 last year just short of my second long term target of US $ 2000 ~ the first of US $ 1000 was breached in 2009

Gold is now US $ 1581 an ounce after a golden ten year run

Gold glitters in the 21st century

Gold clearly thrived as USA kept it’s US $ printing press working overtime for years to fund it’s deficits ~ Look at this revealing chart below ~ It shows the direct co-relation between the increasing supply of the US $ through new currency printing in trillions of Dollars in the last six to seven years and the increasing price of Gold

Direct Co-Relation ~Gold Price & US $ Supply

USA is clearly on a severe back foot on the Economic Front threatened with Huge Debt and Deficits and is currently in a Long Term and Painful Deleveraging Mode ~ The Road through Quantitative Easing has meant excessive supply of Funds to buy up Bonds ~ The Currency Printing Press has been working 24 hours for several years now ~ the Price of Gold has risen in direct co- relation to this increase in Money Supply

Offence is the Best Form of Defence seems to be USA’s Response and it is becoming increasingly clear that it has implemented a  multi pronged aggressive media propaganda into advanced play ~ both ,on the economic and on the political front

Check this multi pronged and well planned Pointing Fingers by USA with the use of a powerful US  Media

 USA President Obama openly now points fingers at India for not opening out FDI  USA continues to scream publicly at China for keeping it’s Yuan deliberately undervalued ~ probably actually revelling in having to pay off a devalued dollar debt in the future when US $ begins to reverse again after it’s recent surge …and an even more serious accusation that USA is actually supporting what they term as ‘Arab Spring’ and funding and arming Criminal gangs and  Rebels to destabilise Arab Regimes  or even directly involving Military or NATO Intervention in these Arab Nations ~ The Iraq Invasion ~ The Fall of Libya ~ and now Syria are all prime instances  ~ Seema Mustafa in her column in DNA today

The Arab Spring is nothing but an eyewash – Analysis – DNA

 asserts that it is less for  ushering in Democracy in these Islamic States and more for sanitising the Arab Region for their ally, Israel       

The US $ may continue to hold and even strengthen a little more over the next few months as US President Elections come closer in November 2012,before it again begins to shows it’s inherent weakness during the painful deleveraging process and the continuing excessive printing of Currency to finance Deficits 

Gold may therefore continue to hold too or even seek a lower level to US $ 1400/oz in the short term before it resumes it’s march back up to show it’s inherent strength

Keeping an eye on 2015,stay invested in Gold ~ Buy some more on any significant fall ~ because if Nouriel Roubini’s ‘Perfect Storm’ 2013 scenario plays out,you’ll reap a bonanza in Gold even sooner ~ Roubini’s betting on a worsening Eurozone,China growth ebbing,USA Recovery weakening and Military Conflict involving Iran all climaxing into a ‘Perfect Storm’ next year in  2013        read more

Kishore Kumar’s Record Eight Filmfare Awards Winning Songs

Kishore Kumar ~ What a Singer !

Kishore Kumar holds the record for Filmfare Awards with eight wins in the category “Best Male Playback Singer”.

He won it for:
1. “Roop Tera Mastana”  1970 (Aradhana – 1969)
2. “Dil Aisa Kisi Ne”  1976 (Amanush – 1975)
3. “Khaike Paan Banaraswala” 1979 (Don – 1978)
4. “Hazaar Raahen Mud Ke Dekhi”  1981 (Thodisi Bewafaii – 1980)
5. “Pag Ghungroo Bandh”  1983 (Namak Halaal – 1982)
6. “Agar Tum Na Hote”  1984 (Agar Tum Na Hote – 1983)
7. “Manzilein Apni Jagah Hain” 1985  (Sharaabi – 1984)
8. “Saagar Kinare” 1986  (Saagar – 1985)

You can hear this medley on

He won a straight four years 1983 to 1986 and died in 1987

However it took Kishore Kumar a long time,16 years in fact after Filmfare Awards were introduced in 1954, to get his first Filmfare Award in 1970 for “Roop Tera Mastana” from ‘Aradhana’ (1969) ~ though he had acted,directed,produced and sung in movies from 1946 ! ~ he gracefully acknowledged Rajesh Khanna for resurrecting his Singing Career ~ though he sang for many heroes and for many composers,Kishore Kumar created magic with Rajesh Khanna emoting his songs on screen  and R D Burman composing the music for them

Remarkably he did not win for his Classic Songs of the Classic Movies Anand (1971), Amar Prem (1971) or Kati Patang (1973) though he was nominated for songs in the last two named ~ In all he was nominated for 27  songs, a few for the same movie or in the same year for different movies ~ for instance in 1985 four  of his songs from ‘Sharaabi’ were nominated and he won for one of them as listed above

Many of his classics such as “yeh Jeevan hai”, “zindagi ka safar”, “chingari koi bahadake” (nominated), “Kuch to log kahenge”, “Jeevan se na haar jeenewale”, ” chookar mere manko” (nominated), ” anewala pal janewala Hai”, and  “koi hota jisko pana ”  never won him the Filmfare Award.

A Much Married (Four Times ~ All Actresses ~Ruma,Madhubala,Yogita Bali,Leena Chandravarkar) Kishore Kumar  may have been eccentric and moody and even mad to many but he was a Master Singer for me and will remain my Number 1  ~ He should have won atleast 25 Filmfare Awards ! ~ But come to think ,Lead and most Popular Actor Salman Khan has yet too win his First ! read more

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