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Day's Of High Inflation ,High CAD, High Fiscal Deficit Gone!!!!!
With gold accounting for a hefty portion of India's import bill, the world's top consumer of the precious metal will likely be the biggest beneficiary of the steep fall in prices, said economists, a day after gold had its biggest one-day drop ever.
India is almost certainly the biggest beneficiary of the decline in gold prices - particularly due to it's impact on the country's current account.
Overwhelming demand for gold in India has contributed to a sharp rise in imports widening its current account deficit to 6.7 percent of gross domestic product in the last three months of 2012.
Gold demand in the country has already begun to show signs of moderation this year after the government hiked import duties on the precious metal twice last year and once in January. Imports of the precious metal declined by almost 24 percent to 200 tonnes over January to March, from the same period a year earlier, Reuters reported.
Yessssssss
1. Inflation ....Heading to Below 5% In Next 12 Months.
2. Gold... Heading to Below Rs.20000/- In Next 12 Months
3. CAD ......Expected to Below 4% of GDP In FY 2013-14 and Below 3% of GDP In FY2014-15
4. Oil Subsidy Expected to Nil In Next One Year.
5.Intrest Rate Below 5 % In Next 2 Year.
HUMBLE REQUEST TO INDIAN WOMEN!!!!
Time to Sell Gold, Not Buy!!!!
Alert:------
GOLD BEAR BORN
Dont Catch Falling Knife
Be Ready For
Rs.24000/- Rs.18000/- Rs.15000/- Rs.8000/-
Yesssssssssssssssss
Our Ultimate Target For Gold Below Rs.15000/- May Hitt Low Of Rs.8000/- Also
Please Dont Go For Short Term!!!
In Short Term Gold Can Rebound From Lower Level!!!
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Warren Buffett’s investment ideas asks us to buy stocksof only those companies whose “fundamentals” are very strong and its stock is available at “undervalued price”. When we say strong fundamentals we mean a healthy financial report, unique product line which is run by exceptional managers.
Think Big TO EARN BIGGG
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