Are you really making money?

deepsa52 · #91 4th April 2008, 08:48 AM

Would you believe George Soros, Jim Rogers or these stupid analysts coming on TV?

On the lighter side, for those who missed this video..

http://www.youtube.com/watch?v=AXGOq-ys9Js

We might think this it is applicable only to US, but looks like it is very relevant in the Indian context too since India is very much becoming a consumer driven society and has capital markets along the lines of western nations.

Bottom line, whether the the markets go up or not, tough times ahead.

deepsa52 · #92 27th April 2008, 07:07 AM

Old news from Iceland , but this is what is bound to happen to other commodity importing countries eventually.
...
The central bank has responded to the problems by raising interest rates – by 1.25 percentage points to 15 per cent on March 25. Jon Bentsson, an economist at Glitnir, reckons that they will rise further.

http://business.timesonline.co.uk/to...cle3671359.ece

In the Indian front, CRR hikes will help little to combat inflation , bail out of rich as usual. ( BTW I am not a communist..

)

Round one, Ben wins, RBI loses.

deepsa52 · #93 28th April 2008, 04:21 AM

All said and done India is not the size of Iceland, so very unlikely anything of this nature will happen quickly.

Interesting that hedge funds don't even leave the Arctic nations alone, anything goes.

http://business.timesonline.co.uk/to...cle3671358.ece

deepsa52 · #94 9th May 2008, 07:37 AM

News...the fortunes of the world's biggest insurance company, American International Group, rise and fall on precise calculations of risk. Last quarter, those calculations went seriously awry....

In the worst three months of the company's 89-year history, AIG lost $7.81 billion, primarily from bad investments in complex financial instruments. The loss of $3.09 a share, reported after the market's close on Thursday, was four times..

___

...Derivatives are a ticking time bomb, and there are $512 trillion worth notional value of derivatives, enough to make a planet the size of Jupiter flooded with funny money;fundamentals as bad as ever, though more difficult to say whether markets may tank near term - probably just a matter of few months and a few more of these popping up for another round of selling - choose between inflation and markets tanking, or both.

sudoku1 · #95 9th May 2008, 04:03 PM

Quote:

Originally Posted by deepsa52

...Derivatives are a ticking time bomb, and there are $512 trillion worth notional value of derivatives, enough to make a planet the size of Jupiter flooded with funny money;fundamentals as bad as ever, though more difficult to say whether markets may tank near term - probably just a matter of few months and a few more of these popping up for another round of selling - choose between inflation and markets tanking, or both.

then i will choose & bet on anything in the mkt that attracts newtons law.....till 17875 is not taken out....

deepsa52 · #96 10th May 2008, 08:28 AM

News on Citigroup...
Pandit said he plans to reduce $500 billion of non-core "legacy" assets, an amount he said was not "trivial," to below $100 billion in two to three years, largely through sales.

Among the assets to be shed are real estate, leveraged loans, complex debt and structured investment vehicles. Citigroup ended March with $2.2 trillion of assets.

That double quotes say all about the quality of those assets.

To put it in right perspective, GDP of Pakistan is around $100billion , GDP PPP around $400 billion

Video update from Peter Schiff ( he has been right in most of his calls and he says gold is going to $2000), time permitting I may update this thread once in a while if I find interesting information. Responses / arguments always welcome.

http://www.youtube.com/watch?v=q9tzUwfqvJY. Right now Rupee seems more or less on track with the dollar, so think in terms of Rupees unless situation changes.

raosrinivas · #97 10th May 2008, 09:28 PM

Citi want's to dump $500B(perceived value) of of assets. When they are put on market for sale not sure how much they are going to really sell for if they get 80 cents for $1 then it could go for $400, but when they start selling they might have to sell for a lot less , because overseas intestors do not trust the values put by citi or credit agencies. i will not be surprised if they get rid of it for $250B.

deepsa52 · #98 11th May 2008, 04:57 AM

Quote:

Originally Posted by raosrinivas

Citi want's to dump $500B(perceived value) of of assets. When they are put on market for sale not sure how much they are going to really sell for if they get 80 cents for $1 then it could go for $400, but when they start selling they might have to sell for a lot less , because overseas intestors do not trust the values put by citi or credit agencies. i will not be surprised if they get rid of it for $250B.

Yes, derivatives again. And BTW, if gold goes anywhere near $2000, we would need a bailout from the Indian women

raosrinivas · #99 11th May 2008, 01:35 PM

Quote:

Originally Posted by deepsa52

Yes, derivatives again. And BTW, if gold goes anywhere near $2000, we would need a bailout from the Indian women

Indian women can donate anything in the world including their husbands, except gold and sarees.

sudoku1 · #**100** 12th May 2008, 03:48 PM

Quote:

Originally Posted by raosrinivas

Citi want's to dump $500B(perceived value) of of assets. When they are put on market for sale not sure how much they are going to really sell for if they get 80 cents for $1 then it could go for $400, but when they start selling they might have to sell for a lot less , because overseas intestors do not trust the values put by citi or credit agencies. i will not be surprised if they get rid of it for $250B.

SOME MAJOR 'SELL '

IN INDIAN MKTS BY CITI LAST WEEK WERE.........
aztec , lakshmi energy food ,sms pharma, monnet ispat , max.......