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Nifty Breakdown below 22100

  • Thread starter Thread starter MANAV28
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RBI and other major central banks are buying more than 1000 tn/per year gold from last 3 years (last 3 years average is double than preceeding 10 years)....RBI is not doing SIP...So it shows which is more reliable investment.
As far as I understand, RBI and other banks need reliable investments. Gold has been reliable since ancient times. However reliable does not necessarily mean best.

I have never heard that RBI or other banks invests in equities, please correct me if I am wrong. Banks function on NII by distributing loans. Whereas it's the insurance companies which invest in equities.

Equity investments might give muted returns for upcoming 5-10 years. However in the longer run it's the equities (not all) which will always outperform Gold.
 
RBI and other major central banks are buying more than 1000 tn/per year gold from last 3 years (last 3 years average is double than preceeding 10 years)....RBI is not doing SIP...So it shows which is more reliable investment.
1000 tn/year? The total gold with RBI stands at 876.18 tonnes by this FY. It was added 18 tonnes only in 23-24. Last year it was 72 tn addition.

Cnetral banks have meagre gold and this is included in this 876.18 tonnes figure. Most of gold in India is with people actually. On an average an Indian household has 80 (lower middle class)-350 (upper middle class) gms which they keep with banks but it is not counted towards total gold holding with RBI. Many rich have in kgs. Banks provide locker facility and they dont care what you keep there. Either your confidential docs or gold.
 
Tomorrow the market is going gonna brrrrrrrrrrrrrrrr

I told everyone, buy the dip.

Greater the risk, greater the reward. Little people with butter fingers were doing politics and bashing trump. Most countries have accepted to do what trump wants so tarrifs have gone on pause except for china.

6T back in US market. It's gonna get better. ATH incoming. Trump took a huge huge risk and it rewarded. He is a businessman after all, knows what he is doing. Soon china will cave aswell.

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Tomorrow the market is going gonna brrrrrrrrrrrrrrrr

I told everyone, buy the dip.

Greater the risk, greater the reward. Little people with butter fingers were doing politics and bashing trump. Most countries have accepted to do what trump wants so tarrifs have gone on pause except for china.

6T back in US market. It's gonna get better. ATH incoming. Trump took a huge huge risk and it rewarded. He is a businessman after all, knows what he is doing. Soon china will cave aswell.

View attachment 92070
Again, we have to look at out own country and local factors. America gainig 6T gives us nothing. With rising USD and we being import oriented country, our times will be tougher than ever.

The only thing that could have helped us is de-dollarisation which has also went south with Trump at helm who won't allow USD to lose its sheen.
 
Again, we have to look at out own country and local factors. America gainig 6T gives us nothing. With rising USD and we being import oriented country, our times will be tougher than ever.

The only thing that could have helped us is de-dollarisation which has also went south with Trump at helm who won't allow USD to lose its sheen.
paisa lagaye ya nahi abhi. you still are in the opinion of waht were you telling earlier? means much downtrend speculated
 
paisa lagaye ya nahi abhi. you still are in the opinion of waht were you telling earlier? means much downtrend speculated
Bro, I make decision based on a longer term view not on day to day basis change and news flows and ups and downs. An investor do not see what happens in 2-3 days or months.

Trump has given 3 months out of which 3 weeks are passed. The more near this deadline will be, the more downfall you will start see or even to suprise people, it will come well in advance and people will again be cursing not to exit on every high. Read my previous post where when recovery started after his announcement I suggested not to put new money and asked to exit in traches on every high they see.

So mai roj roj kya ho raha hai uspe apne opinion nahi change karta bhai. I am trsuting my instinct that the previous low of 21743 will be breached again. Below 20K is inevitable. To fuel it, a war with Pakistan can bring it in advance.

Sab shod do, history utha lo, pata lag jayenga ki kyu markets ne niche jana hi hai. Days will come when even a bigger positive news will be there but markets will show thumbs down to it. Bull market is gone for long now.

People thinking this temporary jump can be used to mock people who were telling new lows will come. If Trump hadn't made annoucement, Nifty will be hovering below 18K now.

Whatever experts says about Indian economy. Depper inside we know that we are not what we think of ourselves.
 
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