Hoarding Gold at $900 an ounce?

With the Dollar seeing new lows against a hoard of currencies, it is time for the Gold to hit new highs as the traders seem to be intent on purchasing the Yellow metal as fears of recession seems to have set in. This is mainly due to the presence of the weak dollar, the already high demand for gold from the Asian countries and also due to the high Oil prices.

One would think that such high rates for the Yellow metal, at $900 an ounce, would soften the buying. But that does not seem to have happened as of yet, if anything, the frenzy seems to have gone from bad to worse in the last few days as the traders keep pushing up the gold prices to new levels.

The irony is that once upon a time, the Dollar was thought to be a safe currency and was pegged to the Gold itself. The delinking of the dollar from the gold happened way back in the ’70. But ever since then , the Dollar has been taking hit after hit, but none as worse as the current times seems to have delivered to it. As things stand, the gold prices are predicted to rise to new levels and one should not be too surprised if the gold starts hitting the $1000 level itself!

Do you want to learn how to trade Stocks??

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We all love to make that extra bundle of cash and the stock markets is one legal way of dong that and day by day many people from all over the world make buckets of it right at the markets.but i can assure you that those guys who make the money at the markets by trading are the ones who have the basic knowledge of the market and they also have the right skills to assess the financial data of each and every company that is listed in the market.here at the Teach Me To Trade® method,they not only teach you how to trade stocks or how to read the financial data,but they also teach you how to minimise your exposure to losses as well.this is one class that i think that everyone should attend.it is true that money makes the world go around,but as we go around,it is only important that we also learn not to make any losses.here at Teach Me To Trade® they have the day trading courses but they also have various other options available here,from evening sessions to online sessions,whichever suits you the best.so if you are interested to learn how to trade and make more money,then click on the link above and check out the site for yourself!learn to trade and soon you may end up making buckets !

India outdoes the U.S and Japan by 2050!!!

Well it is common news that India's economy is surging ahead with more and more investment pouring form overseas.according to a new study,it clearly shows that India's economy will outstrip the United states and Japan by 2050 with a much more optimistic date put for 2030.
India needs to do a lot more as regards transparency and infrastructure development.but the good news,well,i should say,what is shocking experts world over is that while China had to invest more in infrastructure,be more transparent in business dealings and had to spend more on training its citizens,India spent very little on infrastructure[compared to China],still has problems with transparent business dealings and yet managed to provide quality work that turns to be better than the work provided by China.this has caused many people to take a very close look at their readings and it seems that the Two giants of Asia are in the race for the top global power.
Be that as it may,come 2050,the BRIC economies that includes Brazil,Russia,India and China will outstrip their American and European counterparts in GDP!something to much about,right?

Israel and India-free trade pact!

Israel has proposed a free trade pact with India and India is seriously considering this.of course the United States is also in favor of this and would like this to become a reality.but India needs to watch out.with the current political scenario and the resurgent economy that seems to grow only stronger by the hour,the last thing that India needs is a trade pact that could very well ruin India's relationship with the Middle Eastern countries once and for all.this would also pretty much sound the death bell for the NAM.
Economics aside,India really does not need a FTA pact with any country at the moment.of course having an FTA pact would be beneficial for the economy but only if it palpable politically as well.having a close relationship with Israel is okay but to become its strategic friend and a FTA partner is something different altogether.the sooner New Delhi realises this the better off it would be.
Israel has proposed a Free Trade Agreement (FTA) with India to boost burgeoning economic and bilateral ties.
Israel's deputy prime minister and Minister for Trade and Industry, Ellie Yishai conveyed this during a meeting with Indian Minister of State for Trade and Industry, Ashwani Kumar, who is leading a high-level FICCI business delegation to Israel.

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