Gold Silver Reports ~ As the winter is unlikely to bring bright prospects for India’s rabi crops, it will dent the rural demand for gold also in this wedding season. Experts expect 10-15% dip in country’s gold purchaes this year as farmers are likely to reduce gold buying on account of poor kharif crops, the expected down in rabicrops and low commodity~prices.
Crash In Crude Oil Prices With A Crippling Impact
Gold Silver Reports ~ Crash in crude oil prices with a crippling impact on the economies of the Gulfnations would deal a severe blow to remittances to India, Pakistan and other Asian nations with a maximum possibleimpact on states like Kerala and Punjab.
A Gamechanger
Be a gamechanger. The world has enough followers.
Time For Silver To Outperform Gold
Gold Silver Reports ~ Gold trading near a 2 month high, its price buys 78 ounces of silver, near the most since August. In the past two decades, the ratio has only been above that level on about five occasions, and never for more than a three months.
Free Web access in India
Gold Silver Reports ~ A majority of Indians who submitted comments to the nation’s telecommunications regulator said they support Facebook Inc.’s Free Basics plan that would allow free Web access.
High US Rates Greater Safe Haven Demand for Gold
Gold Silver Reports ~ Charles Gibson, an analyst with London-based Edison Investment Research, is nervous. Gibson says the U.S. Federal Reserve’s statement that it would push the benchmark interest rate to 1.375% by the end of 2016 could send
First Trust SSI Strategic Convertible Securities ETF (FCVT)
Gold Silver Reports ~ While the debate among market participants rages about the frequency of rate increases in 2016, investors worried about capital protection may consider an industry first fixedincome product product since not all bonds would get hammered with the gradual normalization of interest rates.
I Like My Eggs?
How do I like my eggs? Umm, in a cake.
Press Conference With Chair of FOMC, Janet Yellen
The Nasdaq led the rally among Wall Street’s main indexes as major rate-sensitive technology and growth stocks advanced after the Federal Reserve hinted it was close to pausing interest rate hikes amid turbulence in the banking sector.
Gold 9 week Highs on Friday Amid A Stronger Dollar
Gold Silver Reports ~ Gold retreated from nine-week highs on Friday amid a stronger dollar, as China halted a week-long equity rout and a mixed U.S. jobs report provided further ambiguity on the timing of the Federal Reserve’s next interest rate hike.