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Dear ck.kislay,
You are subscribed to the thread "Indian Stock Advice Trading Strategies Trends Market Predictions & Regulations" by pcpune, there have been 16 post(s) to this thread, the last poster was neokewl.
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
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https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: neokewl
On: July 12 2017 08:13 AM
Foreign investors appeal to SEBI on the pNote ruling .. Hopefully SEBI doesn't budge. [url]http://www.business-standard.com/article/economy-policy/foreign-banks-said-to-seek-relief-from-india-s-derivatives-rule-117071101225_1.html[/url]
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Posted by: lalit229
On: July 12 2017 12:43 PM
[QUOTE=neokewl;n2533018]Foreign investors appeal to SEBI on the pNote ruling .. Hopefully SEBI doesn't budge. [url]http://www.business-standard.com/article/economy-policy/foreign-banks-said-to-seek-relief-from-india-s-derivatives-rule-117071101225_1.html[/url][/QUOTE] Hi Neokewl, Are you out of Fortis now or still holding!!
With warm regards,
Team IREF
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Posted by: TruthSeeker1
On: July 12 2017 02:18 PM
[QUOTE=sriraj00;n2532984] what would you suggest to buy if i want to buy gold (i mean other than physical) or basket of commodities? Something like ETF in Singapore? I am considering buying couple of tolas of gold in few weeks[/QUOTE] yeh there are Trust funds ... like PSLV PHYS.. Goldmoney.com ... In India you can buy gold ETF... the problem with ETFs is none of them have delivery option and there is a 2% fee... but you need core precious metal in physical form only ... if you have too-much money then you can look to paper gold in safe jurisdictions like Singapore/canada etc..... but not before you get the physical quota...
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https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: Hairpin
On: July 12 2017 02:35 PM
[QUOTE=TruthSeeker1;n2533148] yeh there are Trust funds ... like PSLV PHYS.. Goldmoney.com ... In India you can buy gold ETF... the problem with ETFs is none of them have delivery option and there is a 2% fee... but you need core precious metal in physical form only ... if you have too-much money then you can look to paper gold in safe jurisdictions like Singapore/canada etc..... but not before you get the physical quota...[/QUOTE] Hi TruthSeeker1, in India, is there any e-gold or gold ETF or any other vehicle available where I will be assured that the equivalent units of Gold is being hold against the electronic purchase online? And would this gold be delivered physically, if demanded?
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: TruthSeeker1
On: July 12 2017 02:58 PM
[QUOTE=Hairpin;n2533158] Hi TruthSeeker1, in India, is there any e-gold or gold ETF or any other vehicle available where I will be assured that the equivalent units of Gold is being hold against the electronic purchase online? And would this gold be delivered physically, if demanded?[/QUOTE] there used to be e-gold e-silver on NSEL they went bankrupt.... now there is nothing to my knowledge... all of them only claim to match the price of gold only including all GOLD ETFs... there in nothing for Silver... [url]http://www.scrapregister.com/news/1383/india-bans-e-gold-e-silver-trade-investors-hurry-on-to-turn-into-physical-form[/url] Sovereign gold bonds included cant deliver any gold lol... they claim to pay you 2.5% interest on gold... ha ha .. many people don't invest in gold because it does not have way to produce yield..there you have it just the word gold on paper is producing yield magically thanks to GOI... ..Sovereign gold bonds are also a scam stay away they are illiquid garbage paper promises...... there are some small private companies offering gold investment in allocated storage but i don't trust them... gov by over-regulating the bullion sales with additional licensing blah blah has stopped companies form entering this business... basically gov wants you to buy paper gold only not real gold... now its your turn to decide...
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: revhappy
On: July 12 2017 03:30 PM
[QUOTE=TruthSeeker1;n2533170] Sovereign gold bonds included cant deliver any gold lol... they claim to pay you 2.5% interest on gold... ha ha .. many people don't invest in gold because it does not have way to produce yield..there you have it just the word gold on paper is producing yield magically thanks to GOI... basically gov wants you to buy paper gold only not real gold... now its your turn to decide...[/QUOTE] The gold bonds are issued by RBI and RBI prints the currency. So why would it be difficult for them to give 2.5% interest? First of all the people who are investing in the gold bonds would have otherwise bought physical gold and that needs to be imported and would have cost the RBI valuable Forex. That amount of Forex saved bumps up the rupee that much. Also imagine the quantum of physical gold that would have otherwise been bought is now not bought so it puts downward pressure on gold prices. So it is double whammy for gold prices and a win win for the govt. The govt is a lot smarter than the naysayers give them credit for. This has already been proved by demonetization. Naysayers thought rupee will crash gold will soar, economy will crash. Nothing like that happened.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: manzb
On: July 12 2017 04:35 PM
[QUOTE=revhappy;n2533186] The gold bonds are issued by RBI and RBI prints the currency. So why would it be difficult for them to give 2.5% interest? First of all the people who are investing in the gold bonds would have otherwise bought physical gold and that needs to be imported and would have cost the RBI valuable Forex. That amount of Forex saved bumps up the rupee that much. Also imagine the quantum of physical gold that would have otherwise been bought is now not bought so it puts downward pressure on gold prices. So it is double whammy for gold prices and a win win for the govt. The govt is a lot smarter than the naysayers give them credit for. This has already been proved by demonetization. Naysayers thought rupee will crash gold will soar, economy will crash. Nothing like that happened.[/QUOTE] Agreed 100% .. in fact many said that even GST will bring down the economy to fall on it's knees.. nothing like that happened, in fact it has been so far so good type.. some minor confusion here and there .. that too will be ironed out in next 2-3 months at best. One thing for sure that the post streamlining of GST, most goods will cost much lesser or at worst remain same/ similar. But the biggest gain will be huge tax compliance expected. With additional tax collection, the rates can be streamlined to 2-3 from 5 plus as of now. Ideally it shall be one or max 2. It may take few years for us to reach there. Good, bad or ugly, atleast the govt is trying to do something different and taking few bold steps.. may be not all are end-to-end streamlined steps, but it seems these steps are being appreciated by the markets and also by the people in general (going by the last round of poll results). Another biggest achievements so far is the absent of high level scams (like coal, spectrum, etc).. Now they need to sell Air-India (a perpetual leech), lock-stock n barrel.. That money can be well spent on education/ health/ infra-- common people need them more than seeing a Maharaja flying in the sky and sucking govt money.. Anyway, market also has gauged that the there is no uncertainty anymore from GST and going forward majority of the manufacturing companies will benefit a lot from the same. So I think 10K will be conquered within this month.. Anyway I am happy as I am almost 90% plus invested in stocks.. balance 10% are still on the sides waiting for a correction for last more than 4 months.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: manzb
On: July 12 2017 04:50 PM
Physical Gold is a sheer wastage as an investment even at personal level.. Typically a 999 Gold are 7-10% marked up. Means for a 10 Gr as of now it will cost you 30K plus. Now at the time encashing another markdown of 10-15% is there. So you will get 25K for the same. So basically loosing 5K, even though it was a pure gold. 5K means 20% of the cost.. So you loose 20% just for transactions. Jewelry losses are even more at 35% plus. So if you want to keep gold as insurance for anarchy etc, than it is fine.. but I will suggest to go for a licenced gun etc, as that will help you more in an anarchy.. So basically you are imagining a situation closer to what is in iraq now or something similar to those old cowboy movies.. So if you have gold and I have a gun, when we meet, because of my gun your gold will be mine ;) But anyway, I would rather not live a life with constant fear and running around with my bag of gold.. for me that kind of life is not worth living.. Coming back to gold investment, I think Govt gold scheme is a real good one who thinks that gold has a bright future.. 1. There is no holding cost 2. There is no tax 3. Even if there is not much appreciation in Gold, still you will get 2.5% as interest.. your gold in locker gives 0% interest apart from the fact that there is cost associated as locker rent. But I feel Gold is heading more towards $1000 .. But anything lesser than that (in a sustainable manner) is unlikely. Another international commodity Crude is expected to go down around 10% Y-O-Y.. So as of now it around $45-50.. next year it shall be around $40-45.. this kind of calibrated price drop will help the world economies specially those who are importing crude to gain hugely.. Our economy has already benefited hugely.. I think we have already saved quite a few billions of forex in last 3 years or so..
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: revhappy
On: July 12 2017 05:55 PM
Awesome [USER="8660"]manzb[/USER] , it takes lots of guts to stick with such high allocation to equities when so many negative voices around from so called, London School of Economics experts. Regarding, Gold, I was just pondering, Indians and the Chinese are the biggest consumers of gold and both are also the most corrupt and have the most illicit wealth, so some link there black money and gold. Both Indian and Chinese govt want to curb corruption and gold consumption. Both have taken steps in this direction, but in different ways. These days central banks do coordinated action like they did in Sintra. How difficult would it be for Indian and Chinese govt to come together and curb gold ownership totally and make it plummet like stone? China has a dictatorship. India, till now was a democracy, now even Indian govt is moving slightly away from textbook democracy and they can do things that dont seem democratically correct, like demonetization for example. So this way, they can indeed make gold crash or never rise. Already people are saying developed countries are manipulating the price of gold. If India and China join, just imagine. The gold bonds by India are indeed naked short on gold. But they are not stupid. If they are shorting gold, they will win. Basically, dont fight the fed logic applies to dont fight the govts too. This time, it is not a pussy democracy like the previous one. Govts everywhere are getting very very strong. So you need to be smarter than just following "hoard gold and fiat currency will go kaput".
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: neokewl
On: July 12 2017 07:24 PM
[QUOTE=lalit229;n2533101] Hi Neokewl, Are you out of Fortis now or still holding!![/QUOTE] I am out of futures, but holding the equity in truck loads. I took the loss in futures, but thankfully my BPCL short made up for it.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: TruthSeeker1
On: July 12 2017 07:57 PM
[QUOTE=manzb;n2533224]Physical Gold is a sheer wastage as an investment even at personal level.. Typically a 999 Gold are 7-10% marked up. Means for a 10 Gr as of now it will cost you 30K plus. Now at the time encashing another markdown of 10-15% is there. So you will get 25K for the same. So basically loosing 5K, even though it was a pure gold. 5K means 20% of the cost.. So you loose 20% just for transactions. Jewelry losses are even more at 35% plus. So if you want to keep gold as insurance for anarchy etc, than it is fine.. but I will suggest to go for a licenced gun etc, as that will help you more in an anarchy.. So basically you are imagining a situation closer to what is in iraq now or something similar to those old cowboy movies.. So if you have gold and I have a gun, when we meet, because of my gun your gold will be mine ;) But anyway, I would rather not live a life with constant fear and running around with my bag of gold.. for me that kind of life is not worth living.. Coming back to gold investment, I think Govt gold scheme is a real good one who thinks that gold has a bright future.. 1. There is no holding cost 2. There is no tax 3. Even if there is not much appreciation in Gold, still you will get 2.5% as interest.. your gold in locker gives 0% interest apart from the fact that there is cost associated as locker rent. But I feel Gold is heading more towards $1000 .. But anything lesser than that (in a sustainable manner) is unlikely. Another international commodity Crude is expected to go down around 10% Y-O-Y.. So as of now it around $45-50.. next year it shall be around $40-45.. this kind of calibrated price drop will help the world economies specially those who are importing crude to gain hugely.. Our economy has already benefited hugely.. I think we have already saved quite a few billions of forex in last 3 years or so.. [/QUOTE] you do know that gold bond scheme is utter failure right ? no one putting any money in that garbage locking up you money for 8 years... when they launched those gold bonds they were priced higher than market price of gold... almost 5% higher... jata ko bevkoof samajh ke raha hai kya...? look at GOLD imports ... they have hit a five year high... no one believe this stupid gov and and their stupid bonds... about us benefiting from low crude i have already posted here about how our gov deficit is out of control.... we are living on borrowed time... there is no doubt some one benefited from low crude but its definitely not the Indian consumer who is having to pay 57% tax so gov employees can get pay hikes, inflated pensions etc .... emperor is naked
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: TruthSeeker1
On: July 12 2017 08:22 PM
[QUOTE=revhappy;n2533186] The gold bonds are issued by RBI and RBI prints the currency. So why would it be difficult for them to give 2.5% interest? First of all the people who are investing in the gold bonds would have otherwise bought physical gold and that needs to be imported and would have cost the RBI valuable Forex. That amount of Forex saved bumps up the rupee that much. Also imagine the quantum of physical gold that would have otherwise been bought is now not bought so it puts downward pressure on gold prices. So it is double whammy for gold prices and a win win for the govt. The govt is a lot smarter than the naysayers give them credit for. This has already been proved by demonetization. Naysayers thought rupee will crash gold will soar, economy will crash. Nothing like that happened.[/QUOTE] that is the problem... they will pay you back in worthless currency... Imagine a Venezuelan.. Brazil kind of situation and you are holding those bonds..... they are worth a big zero.... what if gov says we are temporarily suspending redemption after the ridiculous 6-8 year lock in period and gold hits a $3000... saying you can only get them after 5 more years ?... or what if gov fixed price of gold... ? like they fix price of movie tickets ? what are you going to do...? they already fixed it higher than market price while issuing what makes you think they wont fix it lower than market price while redemption ? Gold is owned for liquidity...those bonds are not even remotely close to being gold...
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: revhappy
On: July 12 2017 09:24 PM
[QUOTE=TruthSeeker1;n2533307] that is the problem... they will pay you back in worthless currency... Imagine a Venezuelan.. Brazil kind of situation and you are holding those bonds..... they are worth a big zero.... what if gov says we are temporarily suspending redemption after the ridiculous 6-8 year lock in period and gold hits a $3000... saying you can only get them after 5 more years ?... or what if gov fixed price of gold... ? like they fix price of movie tickets ? what are you going to do...? they already fixed it higher than market price while issuing what makes you think they wont fix it lower than market price while redemption ? Gold is owned for liquidity...those bonds are not even remotely close to being gold... [/QUOTE] It is true it will pay you in rupees, but whatever gold is worth at that point in time. So how does it matter that they pay you in worthless currency? Also why do you think govt will short change you and spoil their reputation for such a small thing? It is tax payers money. Considering the amount of money the govt spends in its annual budget, this gold bonds is peanuts. They just need to print money and give. I am not advocating buying gold bonds. I will probably not buy either mainly because of the lock in. But I have full trust that it is will be paid back.
With warm regards,
Team IREF
https://www.indianrealestateforum.com/forum/city-forums/pune-real-estate/9993-indian-stock-advice-trading-strategies-trends-market-predictions-regulations
Posted by: TruthSeeker1
On: July 12 2017 09:47 PM
[QUOTE=revhappy;n2533330] It is true it will pay you in rupees, but whatever gold is worth at that point in time. So how does it matter that they pay you in worthless currency? Also why do you think govt will short change you and spoil their reputation for such a small thing? It is tax payers money. Considering the amount of money the govt spends in its annual budget, this gold bonds is peanuts. They just need to print money and give. I am not advocating buying gold bonds. I will probably not buy either mainly because of the lock in. But I have full trust that it is will be paid back. [/QUOTE] while this might be peanutes gov has whole lot of other liability ... they have bond holder to satisfy, pensioners to satisfy, foreign creditors , gov employees to satisfy... etc the gold bond holders don't represent huge majority so its easier to screw them and get away...
With warm regards,
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Posted by: vaibha4096
On: July 12 2017 10:07 PM
RBI governor parliament they dont know how to count notes. Illiterates cant cover this noteban scam
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Posted by: neokewl
On: July 13 2017 06:00 AM
FII F&O Stats As on 12 JULY'17(in crs) Net SELL : - 1185 [B]Index Future : - 1286[/B] Index Option : - 135 [B]Stock Future : + 202[/B] Stock Option : + 35 Prov Figs As on 12 JULY'17(in crs) FII/FPI : + 361.25 (4562.89 - 4201.64 ) DII : - 330.58 (2603.71 - 2934.29) Short covering still going on by FII .. SGXNifty hits 9880 .. 9900 coming up on Nifty, may be today itself. .. [B]Once all short covering is done : prepare for the big crash ..: [/B] Long term investors : Start booking your profits when Nifty hits 9900, 10K where ever you see fit & sit tight in cash .. note : Nifty can hit 11K or 11500 before crashing, don't try to time it. My estimate of 10K is on a low base calculation of 10,000 crores worth of put position out of 40,000 crores in pnotes..
With warm regards,
Team IREF
With warm regards,
Team IREF
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