- Gold and silver prices are expected to come under pressure in the near term as the US Federal Reserve is likely to raise interest rates in December 2016. The strengthening US dollar and weak investment demand will also weigh on precious metal prices.
- However, low and negative interest rates by global central banks and ongoing political and economic uncertainties worldwide will provide floor support for gold prices. Investors are advised to allocate 8-10% of their portfolio to gold for long term gains.
- Silver prices will also decline along with gold but rises in base metal prices could cushion the fall in silver. Support for silver also comes from rising silver coin sales and a drop in the gold-silver ratio.
Gold advanced overnight to open at 1332.50/1333.50. It retreated to a low of 1328.25/1329.25 as investors gauged the pace of economic recovery in the U.S. while Chinese data showed a decline in the rise of home prices for the first time in over a year.
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Gold advanced overnight to open at 1332.50/1333.50. It retreated to a low of 1328.25/1329.25 as investors gauged the pace of economic recovery in the U.S. while Chinese data showed a decline in the rise of home prices for the first time in over a year.
CapitalStars Award Winning, SEBI registered, ISO certified investment advisory company. We provide intraday & positional services in equity derivative ,commodity & currency. Our research is highly skilled & experienced
For More Information Call On 9977499927.
Or 0731-6690000
MCX LEAD APR on MONDAY as seen in the Daily chart opened at 132.00 levels and made
day low of 132.00 Levels. During this period LEAD APR High is 135.50 levels and finally
closed at 135.25 levels. Now, there are chances of up movement technically &
fundamentally.
Capitalstars, financial research private limited is a SEBI Registered, provide Stock Tips,Share Market Tips , commodity & currency tips.
http://www.capitalstars.com/tracksheet-stock-tips/
World Gold Council
Gold Outlook 2018: Watch the Fed, Debt and Geopolitics
Analysts share their thoughts on the gold outlook for 2018. Most agree that it will take a sharp shock to the market to move the price significantly higher.
MCX LEAD APR on MONDAY as seen in the Daily chart opened at 132.00 levels and made
day low of 132.00 Levels. During this period LEAD APR High is 135.50 levels and finally
closed at 135.25 levels. Now, there are chances of up movement technically &
fundamentally.
Capitalstars, financial research private limited is a SEBI Registered, provide Stock Tips,Share Market Tips , commodity & currency tips.
http://www.capitalstars.com/tracksheet-stock-tips/
World Gold Council
Gold Outlook 2018: Watch the Fed, Debt and Geopolitics
Analysts share their thoughts on the gold outlook for 2018. Most agree that it will take a sharp shock to the market to move the price significantly higher.
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The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
BYD SWOT Analysis and In-Depth Insights 2024.pptxmikemetalprod
Indepth analysis of the BYD 2024
BYD (Build Your Dreams) is a Chinese automaker and battery manufacturer that has snowballed over the past two decades to become a significant player in electric vehicles and global clean energy technology.
This SWOT analysis examines BYD's strengths, weaknesses, opportunities, and threats as it competes in the fast-changing automotive and energy storage industries.
Founded in 1995 and headquartered in Shenzhen, BYD started as a battery company before expanding into automobiles in the early 2000s.
Initially manufacturing gasoline-powered vehicles, BYD focused on plug-in hybrid and fully electric vehicles, leveraging its expertise in battery technology.
Today, BYD is the world’s largest electric vehicle manufacturer, delivering over 1.2 million electric cars globally. The company also produces electric buses, trucks, forklifts, and rail transit.
On the energy side, BYD is a major supplier of rechargeable batteries for cell phones, laptops, electric vehicles, and energy storage systems.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Empowering the Unbanked: The Vital Role of NBFCs in Promoting Financial Inclu...Vighnesh Shashtri
In India, financial inclusion remains a critical challenge, with a significant portion of the population still unbanked. Non-Banking Financial Companies (NBFCs) have emerged as key players in bridging this gap by providing financial services to those often overlooked by traditional banking institutions. This article delves into how NBFCs are fostering financial inclusion and empowering the unbanked.
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
what is the best method to sell pi coins in 2024DOT TECH
The best way to sell your pi coins safely is trading with an exchange..but since pi is not launched in any exchange, and second option is through a VERIFIED pi merchant.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and pioneers and resell them to Investors looking forward to hold massive amounts before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade pi coins with.
@Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
2. Bullion Monthly14th December 2016
Outlook
Gold: In the near term, gold prices are expected to be under pressure as we are nearing the end of
2016 and it is expected that the US Federal Reserve will hike its interest rates in Dec’16 meeting. Further,
liquidation of gold holdings in the SPDR gold trust since the month of July is leading to a strong case for
lower gold prices hinting towards weak investment demand for yellow metal.
Moreover, dollar index trading above 100-mark and likely to increase further if Fed hikes its key rates
which will summon for correction in the gold prices. Besides, recent growth policies of the Trump
government with regard to infra spending and tax cuts in different sectors will be added on boost to the
economy, thereby affecting the safe haven appeal for the commodity.
However, sharp downside in prices will be cushioned due to constant low and negative interest rates by
major global central bankers coupled with political, economic and policy uncertainty across the globe, are
generally positive signs for gold.
We advice investors should allocate at least 8-10 percent of the portfolio in the yellow metal as extreme
change (downfall) in the global economy (especially Euro Zone and China) at large will be driving factor for
run up in gold prices but it will be possible in the long-term.
For the month of October, Gold prices in the international market are expected in range of $1060/oz to
$1220/oz and on the domestic front, prices are estimated in the range of Rs.26,350/10 gms to
Rs.28,600/10gms.
Silver: Silver prices will decline in tandem with gold prices and has witnessed correction in the
gold/silver ratio in recent time, which measures the number of silver ounces needed to buy an ounce of
gold, to its lowest in more than a year around 68.
However, rise in base metal prices will lead to upside in industrial activity and cushion sharp fall in the
silver prices. White metal prices will get support due to constant surge in sales of silver coins which shows
that demand for silver is rising.
For the month of October, Silver prices in the international market are forecasted in range of $16.20/oz
to $19.0/oz and on the domestic front, prices are anticipated in the range of Rs.38,250/kg to
Rs.44,800/kg.
3. The above chart shows that Non farm employment
figures in the US shrunk to the lowest level of
24,000 in May’16 but managed to recover to
292,000 in Jun’16.
However, in the month of Jul’16 and Aug’16 it
again fell to 275,000 and 167,000 levels to current
level of 177,000 in Nov’16 which shows that
employment scenario remains stable and it is
estimated that US Federal Reserve will hike its
interest rates in near term meeting.
The above factor led to strength in the dollar index
which led to negative movement in the yellow
metal prices.
Bullion Monthly14th December 2016
Gold prices came under pressure and plunged
around 8 percent in Spot and around 7.8 percent
in Comex. On the MCX, gold prices also declined
by more than 5 percent but depreciation in the
Indian Rupee cushioned sharp fall in the
commodity as compared to international
markets.
The major reason for downside in the prices was
due to uncertainty surrounding the election
results in the US, weak investment demand,
crackdown by the government on high value
notes, stronger dollar index.
US had high uncertainty as the candidature of
Trump and Hillary left markets in a panic mode.
Donald Trump, who represented the Republican
Party, claimed to make major alterations in the
American policies. Mr. Trump spoke about
renegotiating the terms of North American Free
Trade Agreement to get a better deal for the
economy.
The real estate tycoon had branded China as a
currency manipulator who devalues its currency
in order to take advantage of the United States.
Mr. Trump emphasized on the need to build a
wall along the US-Mexico border and temporarily
banning all immigration from countries with a
history of terrorism.
Source: Bloomberg
Source: Bloomberg
Source: Bloomberg
-8.01% -7.79%
-5.23%
-9.00%
-8.00%
-7.00%
-6.00%
-5.00%
-4.00%
-3.00%
-2.00%
-1.00%
0.00%
Spot Gold ($/oz) Comex Gold ($/oz) MCX Gold (Rs./10 gms)
Gold Performance in Nov'16 (%)
600
650
700
750
800
850
900
950
1000
SPDR Gold Holdings(Metric Tons)
265
84
251
273
228
277
150 149
295
280
271
168
245
208
123
24
292
275
167
191
161
177
0
50
100
150
200
250
300
350
US Non Farm Employment Change ('000)
4. Spot and Comex silver prices plunged
sharply around 7.8 percent and 7.4 percent
respectively, while MCX silver prices have
declined by around 5.5 percent during the
same time frame.
The drop in silver prices was seen in line
with decline in gold prices and profit
booking seen at higher levels.
However in contrast, all the base metals
have moved positive with copper and lead
being the highest gainer with an increase of
around 21 and 15 percent respectively.
On the other hand, speculative interest in
the metal has fallen. As on 29th Nov 2016,
money managers were net longs in silver at
around 42841 contracts.
While on the other hand, net longs stood
around 49060 contracts as on 1st Nov 2016,
a fall of around 7000 contracts indicating
liquidation in the counter.
Bullion Monthly14th December 2016
Coming to Gold-silver ratio, it has dropped
to around 68 levels in beginning of Dec’16
from around 71 levels in the end of
Oct’16.
Gold-silver ratio represents the number of
silver ounces it takes to buy a single ounce
of gold. At present, it takes around 68
ounces of Silver to buy an ounce of Gold.
Hedge funds have been the happiest lot
for most of this year. However, they have
liquidated their long positions last month.
As on 29th Nov’16, net longs in gold stood
at around 103392 contracts when
compared to 1st Nov’16, wherein, they
were net longs at 172532 contracts.
Source: Bloomberg
Source: Bloomberg
60
65
70
75
80
85
Gold SilverRatio -7.84%
-7.38%
-5.45%
-9.00%
-8.00%
-7.00%
-6.00%
-5.00%
-4.00%
-3.00%
-2.00%
-1.00%
0.00%
SpotSilver ($/oz) Comex Silver ($/oz) MCXSilver(Rs./kg)
Silver Performancein Nov'16(%)As shown in the previous chart, the investment
demand dropped when compared to that of
last month with a plunge in the SPDR gold
holdings. Holdings have declined around 6.23
percent or 58.79 tonnes to 883.86 tonnes in
November.
However, on the year till date, holdings have
increased around 241.49 tonnes or a surge of
around 37.59 percent.
5. SEBI Certified – Research Analyst www.choiceindia.com
Contact Us
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This is solely for information of clients of Choice Broking and does not construe to be an investment advice. It is also not intended as an offer or solicitation for the purchase and sale of any financial
instruments. Any action taken by you on the basis of the information contained herein is your responsibility alone and Choice Broking its subsidiaries or its employees or associates will not be liable in
any manner for the consequences of such action taken by you. We have exercised due diligence in checking the correctness and authenticity of the information contained in this recommendation, but
Choice Broking or any of its subsidiaries or associates or employees shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the
information contained in this recommendation or any action taken on basis of this information. Technical analysis studies market psychology, price patterns and volume levels. It is used to forecast
future price and market movements. Technical analysis is complementary to fundamental analysis and news sources. The recommendations issued herewith might be contrary to recommendations
issued by Choice Broking in the company research undertaken as the recommendations stated in this report is derived purely from technical analysis. Choice Broking has based this document on
information obtained from sources it believes to be reliable but which it has not independently verified; Choice Broking makes no guarantee, representation or warranty and accepts no responsibility
or liability as to its accuracy or completeness. The opinions contained within the report are based upon publicly available information at the time of publication and are subject to change without
notice. The information and any disclosures provided herein are in summary form and have been prepared for informational purposes. The recommendations and suggested price levels are intended
purely for trading purposes. The recommendations are valid for the day of the report however trading trends and volumes might vary substantially on an intraday basis and the recommendations may
be subject to change. The information and any disclosures provided herein may be considered confidential. Any use, distribution, modification, copying, forwarding or disclosure by any person is
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performance may be unaudited. Past performance does not guarantee future returns. There can be no assurance that investments will achieve any targeted rates of return, and there is no guarantee
against the loss of your entire investment.
POTENTIAL CONFLICT OF INTEREST DISCLOSURE (as on date of report) Disclosure of interest statement – • Analyst interest of the stock /Instrument(s): - No. • Firm interest of the stock /
Instrument (s): - No.
SEBI Certified – Research Analyst www.choiceindia.comSEBI Registered – Research Analyst www.choiceindia.com * Please Refer Disclaimer on Website
Bullion Monthly14th December 2016
www.choicebroking.incustomercare@choiceindia.com
www.choicebroking.in
Anish Vyas
Digitally signed by Anish Vyas
DN: cn=Anish Vyas, o=Choice Merchandise
Broking Pvt. Ltd, ou=Sr. Research Associate,
email=anish.vyas@choiceindia.com, c=IN
Date: 2016.12.14 12:13:12 +05'30'