Showing posts with label bearish. Show all posts
Showing posts with label bearish. Show all posts

Friday, August 29, 2014

USD INDEX APPROACHING MAJOR RESISTANCE....



MAKE OR BREAK POINT !!!

COULD BE TURNING POINT OF DECADE FOR MANY RISKY ASSET CLASSES.

Sunday, July 21, 2013

Thursday, May 16, 2013

USD index !! sharp reversal possible !!

Approaching resistance spread zone and too overbought ..Can sharply fall back in short term !!

Friday, May 10, 2013

Copper Indian rupee ..laxman rekha @ 410 !!!

Copper Inr...( cmp 408)
Mega Laxman Rekha @ 410( stop loss)..
Fall may continue untill .... ??! much lower from Now !!!!!

Sunday, September 23, 2012

Sunday, September 9, 2012

China Imports More Gold In 2012 Than All ECB Holdings

The last time we looked at monthly Chinese imports of gold from Hong Kong in 2012, the comparable country in question was Portugal (whose citizens, if not central bank, incidentally have run out of gold to sell), because that is whose total gold holdings (at 382.5 tons) Chinese imports had just surpassed. Fast forward a month later, and the update is even more disturbing. In July, Chinese gold imports from HK, after two months of declines, have picked up once more and hit a 3-month high of 75.8 tons. While it is notable that this number is double the 38.1 tons imported a year prior, and that year-to-date imports are now a record 458.6 tons, well over four times greater than the seven month total in 2011 which was 103.9 tons, what is far more important is that in the first seven months of 2012 alone China has imported nearly as much gold as the total holdings of the hedge fund at the heart of the Eurozone, elsewhere known simply as the European Central Bank, and just as importantly considering the import run-rate has hardly slowed down in August, which data we will have in a few weeks, it is now safe to say that in 2012 alone China has imported more gold than the ECB's entire official 502.1 tons of holdings.

The Fed Is Expected to Launch QE3 Next Week ... Which Would Help the Rich and Hurt the Little Guy

Dallas Federal Reserve Bank president Richard Fisher said:



I firmly believe that the Federal Reserve has already pressed the limits of monetary policy. So-called QE2, to my way of thinking, was of doubtful efficacy, which is why I did not support it to begin with. But even if you believe the costs of QE2 were worth its purported benefits, you would be hard pressed to now say that still more liquidity, or more fuel, is called for given the more than $1.5 trillion in excess bank reserves and the substantial liquid holdings above the normal working capital needs of corporate businesses.

One of the overlooked consequences of the Federal Reserve’s recent rounds of monetary stimulus is the adverse impact those policies have had on the interest income of savers. The prolonged and abnormally low interest-rate structure put in place by the Fed has made life particularly difficult for retirees and others who depend on conservative interest-sensitive investments. But the negative effects do not stop there. They spillover into the overall performance of the economy.

Our estimates show that these negative effects, resulting from the Fed’s two rounds of quantitative easing (QE1 and QE2), are sizable and may help account for the lackluster character of the current recovery.

By lowering interest rates to historically unprecedented levels, the Fed’s policy deprives savers of interest income they normally would have earned on the interest-sensitive assets they hold. Thus, there is an income channel that no one is talking about, and its negative impact can be powerful.