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HOW INDIA WILL SURVIVE THIS RECESSION

Well what a mess the GREAT AMERICAN economy is in, now that the only terminology left to describe them is CAPITALIST FOOLS. Continue reading

US mkts to collapse by Dec-end

Marc Faber, Author, Gloom, Boom & Doom report, said the rally in US markets is likely to continue till April-end, but was quick to add that a total collapse is seen by year-end.

Asian equities, Faber said, are likely to get cheaper versus the US. “So, it is a good time to buy into these markets.”

He feels China may not grow at 8% this year as the economy is in recession.

“The S&P 500 is unlikely to hit lows below 666.”

According to Faber, gold could test USD 700 per ounce. He added that it is relatively expensive versus industrial commodities.

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UN to terminate “direct” contract with Satyam

The United Nations is to snap a direct contract with the scam-hit Indian software exporter Satyam Computer Services, a media report has said Continue reading

$5,000/ounce gold a reasonable target

In a world where most investment classes are taking a knock, gold has been firmly on the way up. The way things are going, $5,000 an ounce (one troy ounce equals 31.1 grams) for the yellow metal maybe a reasonable target in a few years, says John Rubino, co-author of The Collapse of the Dollar and How to Profit From It, first published in 2003. The metal is currently quoting at $911 an ounce. Continue reading

ONGC, SATYAM & corp governance issues

ONE PROMOTER TAKES OUT $2 BILLON FROM HIS COMPANY HE IS PENALISED AND ANOTHER PROMOTER TAKES OUT $20 BILLION FROM THE COMPANY NOBODY QUESTIONS? WAH! YEH HAI INDIA Continue reading

24 hrs live price of GOLD in INR/gm

MUTUAL FUND NAV’s LESS THAN Rs. 4/-

FUND NAME
NAV

JM Core 11 Fund – Series 1 – Dividend option
2.0004

JM Core 11 Fund – Series 1 – Growth option
2.0004

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