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India’s Gold Mania

Tue, 08 Jan 2013 12:00:42 -0500

Less than 1% of the world’s gold is mined in India. The rest comes from somewhere else. Still, India can’t get enough. It is the largest consumer of gold in the world, buying nearly a third of production in recent years. Some estimates say that 10% of all gold is held in India. Indians save roughly 30% of their income, as opposed Americans, who save 5%. Plus, Indians are getting richer all the time. Once [...]

India’s Gold Mania appeared in the Daily Reckoning. Subscribe to The Daily Reckoning by visiting signup for an Agora Financial newsletter.

Eurozone Economic Confidence Rises

Tue, 28 Feb 2012 12:23:34 -0500

I told you yesterday that the Australian dollar (AUD) was weaker because of the uncertainty of the leadership vote that Prime Minister Gillard won over the weekend, but that it would bounce back quickly, and that’s exactly what it did. I had just hit send, and I noticed the A$ ticking higher, and by midmorning, [...]

Eurozone Economic Confidence Rises originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Currency Rally Fades in Overnight Trading

Tue, 24 Jan 2012 12:27:50 -0500

The currency/risk on rally was quite strong yesterday, all day long! However, in the overnight markets, we’ve seen some profit taking, and reassessing of what they were doing, like pushing the euro to above 1.30. I say that because there’s still no agreement with Greece and the private creditors… I keep hearing and reading analysts, [...]

Currency Rally Fades in Overnight Trading originally appeared in the Daily Reckoning. The Daily Reckoning, published by Agora Financial provides over 400,000 global readers economic news, market analysis, and contrarian investment ideas.

Indian Economy Begins to Slow – Q2 GDP 7.7%

Tue, 30 Aug 2011 14:12:00 -0400

It's been a very rough year for Indian stocks, and indeed much of the emerging market space as central banks are fighting the easy money coming from the West (and Japan), by raising rates. Inflationary pressures are still a concern in many of the...

Indian Shares Ended lower on Global debt Crisis, Expectations of Another Rise In interest rate

Fri, 12 Aug 2011 15:31:11 -0400

POINT ROBERTS,(Aug, 12) - www.InvestorIdeas.com, a global investor research portal for independent investors, issues the following market and economic commentary for investors following investing in India.