Muted Expectations from the Union Budget….and the FM delivered on cue…..Sensex rally of 500 + Points had to reverse
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4 thoughts on “Muted Expectations from the Union Budget….and the FM delivered on cue…..Sensex rally of 500 + Points had to reverse”
Hello Sir ,
I have been tracking Silver since last year and its doing good and if news is to go buy it has a long way ahead.
Things sound very good if we are to believe the news articles and I am sold to it.
Was wondering if you could share your views on the metal.
thanks
You know the Budget is NOT GOOD when Tobacco companies (ITC, etc) RALLY & Hospital/Healthcare/software stocks crash!!!
My sincere thinking is Inida is a great country lead by inept/timid politicains.
We need more bold/out-of-the-box visionary leaders to compete with China/USA/Germany NOT vote-bank driven policy.
This century belongs to innovators & going by the countries current direction i feel we will soon have our ‘Jasmine revolution’ (hordes of unemployed youth meaning demographic disaster NOT dividend+high inflation+crony capitalism, unbelievable income disparity+Maoist presence is 200 out of 600 districts with whom we negotiate for release of 1 ‘Important’ IAS officer so that they call kill 1000 innocents whose death will never be covered by media.
Everybody said Mubarak was too strong, there would be no revolution.
Everybody says India is a democracy,9% growth. We will have no revolution.
Alas What we learn from History, is that we don’t learn fron History!
Conventional wisdom: You know a commodity/stocks is near its peak when it makes Headlines in newspapers 😉
In my humble opinion its safer & more prudent to stick with Gold with unprecedented currency printing by central banks/Fed & unresolved sovereign debt crisis , the only certainty is uncertainty & inflation!
BUY GOLD!
Thanks for sharing your opinion Swaroop, appreciate your view.
As such I have been tracking silver for more than a year and its doing quite good whereas gold hasnt moved much in last one year, assuming the information in public domain is true (ie stocks of minable silver, why its not recycled, its current industrial usage and demand) I am sold to silver :), however I am quite diversified with gold silver and SIPS and lot of debt, so am kind of protected even if my bets go wrong :p