Star Sports India Wins Cricket Broadcast Rights For Rs 6,138 Crore

Gold Silver Reports (GSR) – Star Sports India Wins Cricket Broadcast Rights For Rs 6,138 Crore – The company retained the rights for television and digital broadcast of international and domestic cricket matches in India for the next five years by bidding Rs 6,138.1 crore (about $950 million), according to Board of Cricket for Control In India’s acting treasurer Anirudh Chaudhury. That’s nearly 60 percent more than the value of the earlier contract it had secured in 2012.        

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Stocks in Asia fluctuated

Gold Silver Reports (GSR) – Stocks in Asia fluctuated — Chinese equity markets reopen after a holiday, though there seemed to be little reaction to President Donald Trump’s order for a review of additional tariffs that prompted an aggressive response from China. Hong Kong equities outperformed. The yen fluctuated ahead of remarks Monday by Bank of Japan Governor Haruhiko Kuroda at the start of his second term. While Friday’s selloff left U.S. stocks teetering on a key support level, futures on the S&P 500 Index climbed in early trading.                         

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Your Future Home Might Be Powered By Car Batteries

Future Home Might Be Powered By Car Batteries

Gold Silver Reports (GSR) – A tinkerer who posts videos of his hand-built vehicles on Youtube, Maguire devised a wiring system that lets him suck power out of them when they’re parked in the garage. Now that the house and cars are connected, he can also use the batteries to store energy from his backyard solar panels, another power source that’s not totally reliable given Ireland’s weather.                                                           

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Trump’s ‘Art of the Deal’ Tactics Face Ultimate Test With China

Trump Calms Global Markets as ‘Buy America’ Trade

Gold Silver Reports (GSR) – Trump’s ‘Art of the Deal’ Tactics Face Ultimate Test With China — In his 2nd year as president, Trump has moved to deliver on election promises to crack down on countries he accuses of unfair trade practices. The U.S. has imposed-tariffs on steel-imports, renegotiated its trade deal with South-Korea and proposed sweeping duties on Chinese products. The hawkish turn has raised concerns among investors of an escalating trade war that undermines the broadest global growth in years.                                                               

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Stocks in Asia Looked Set to Fall After a Decline in U.S. Equities

Gold Silver Reports (GSR) – Stocks in Asia Looked Set to Fall After a Decline in U.S. Equities — Futures on equities in Japan and Australia fell, while those in Hong Kong nudged higher. Chinese equity markets are due to reopen after a holiday, with traders getting their first chance to react to President Donald Trump’s order for a review of additional tariffs that prompted an aggressive response from China. While Friday’s selloff left U.S. stocks teetering on a key support level, futures on the S&P 500 Index climbed in early trading.               

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Comex Silver Bull Market Coming 2018

Comex Silver Bull Market Coming 2018

Silver has been dead money over the past year or so, relentlessly grinding sideways to lower. That weak price action has naturally left this classic alternative investment deeply out of favor. Silver is extremely undervalued relative to gold, while speculators’ silver-futures positions are extraordinarily bearish. All this has created the perfect breeding ground to birth a major new silver bull market, which could erupt anytime.                               

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China Foreign Reserves Rise on Yuan Gains

China Moves Up to World’s Second in Outward FDI Stock

Gold Silver Reports (GSR) – Reserves rose $8.34 billion to $3.143 trillion in March from the previous month, the People’s Bank of China said Sunday. That was slightly below the $3.146 trillion estimate survey of economists. The March figure marks a turnaround after falling in February for the first time in 13 months. The State Administration of Foreign Exchange expects the country’s foreign reserves will remain stable.                         

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