Tuesday, November 24, 2009

The dollar is under no threat. Really?

The US dollar has received a lot of bashing in recent times. And why not? The US economy is in the doldrums, unemployment is soaring and the deficit has widened all of which has put immense pressure on its currency. So much so that there have been voices in many quarters questioning the dollar's status as the world's reserve currency. China has been at the forefront suggesting that the US dollar should be replaced with another reserve currency.



However, the MD of International Monetary Fund (IMF), Dominique Strauss-Kahn has said that confidence in the dollar isn't under threat despite the fact that the debt on US' books has bloated.

And his view is endorsed by the Indian Prime Minister Manmohan Singh who also believes in the strength of the dollar. Infact, the PM opines that the current setback in the US is 'temporary' and that there is no substitute to the US dollar for replacement as the global reserve currency. What is more, he expressed confidence that the country would bounce back from the slump that it is in now.

 We believe that Strauss-Kahn and Manmohan Singh (whom I beleive to be an US agent to impose American econmic, diplomatic and defense strategies on Inida ) may be right in suggesting that despite the various ills afflicting the US economy, the dollar is not in a serious threat. The reason for the same is simple. Other developed nations are stuck in a recession as well and their situation is no better than the US that would warrant a change in the reserve currency, in the near future atleast. But we are also of the opinion that the dollar cannot rest on its laurels. Emerging nations such as China are increasingly displaying their might in the global arena. So, while in the medium term, the dollar's position stands secure, if the US does not find a solution to correct its deficit problem, one cannot be sure of the dollar's supremacy some years down the line

Read more »

Thursday, November 19, 2009

There may be not 1 but 2 US economies

Few days back I posted and raised my doubt about the fake US economic growth and now few economists are also joining the chorus.

Renowned economist Nouriel Roubini has an interesting take on the US economy. He is of the view that the official figures that point towards a slow recovery in the US are completely misleading to say the least. Infact, he prefers calling it two economies instead of one. The first one is the picture of the US economy as is painted by the official government figures. The second is the one that is still languishing in recession.



The reasons for this divergence are many. For example, official measures of GDP may grossly overstate growth in the economy. This is because they don't capture the fact that business sentiment among small firms is abysmal. As also the fact that their output is still falling sharply. The country's third quarter GDP growth if corrected for these factors may have been 2% rather than 3.5% opines Roubini. America's official unemployment rate is 10.2%. Now add in discouraged workers and partially employed workers. This figure will jump to a whopping 17.5%. Even this is excluding many other factors. Cuts in working hours, temporary forced leaves and lower wages being the key. All this and more adds to the depression in the economy that the official figures do a very bad job of capturing.

I strongly believe US economic has still the worst to witness, so what are we supposed to do in such scenario....yes....BUY GOLD!!!!!

Read more »

Small US banks may have Chinese owners

Life has indeed come a full circle for the Chinese. It was only a few years back that they were snubbed by the US authorities when its home grown oil giant CNOOC made a bold US$ 19 bn bid to acquire the California based US oil giant Unocal. But that was 2005 and this is 2009. While four years may not appear too much, a lot has indeed happened on the global financial landscape. The Empire of debt that was the US has seen its power erode considerably and at the same time, China, the largest holder of its debt has gone from strength to strength.





Also, with voices getting louder in the US to stop forking out any more taxpayers' money to bail out ailing banks, it only makes sense that they get acquired by bigger entities. But since most US financial institutions in the US are not in the best of health themselves, the cash rich Chinese banks obviously seem as one of the best fit. Thus, a pact is being negotiated between the Chinese and US regulators whereby Chinese financial institutions will be given the permission to buy into small and medium sized banks in the United States.



By inviting China, the US authorities are trying to kill two birds with one stone. Helping turnaround the sick banks and at the same time sending out the message to the communists that they are indeed not averse to see a red flag fluttering at the headquarters of few of their financial institutions. After all, now is not the time to peeve one of your biggest lenders.

Read more »

Friday, November 13, 2009

Gold to go only one way from here... Up!

Has the moment of truth arrived for gold prices? Are we staring at structurally high gold prices from now on till forever in the future? If the recent actions of the world's top producer of gold is any indication, you cannot help but answer in the positive to both the above questions. As per reports, Barrick Gold, the world's largest producer of gold is moving fast to completely close its hedging operations as it does not believe that gold prices could fall a great deal from here. Perhaps, the decision has a lot to do with a statement from the company's president recently that global output has been falling by roughly 1 m ounces a year (approx 33 tonnes) since the start of the decade and hence, there is a strong case to be made that we are already at 'peak' gold. And with central banks around the world also turning into net buyers of gold in recent times, supply crunch is likely to worsen a great deal more, taking gold prices even higher.





Barrick was not the only one betting on much higher floor for gold prices in the future. Marc Faber, one of the world's pre-eminent investors has also jumped on to the bandwagon. "We will not see less than the US$ 1,000 level again", he is believed to have said at a conference today in London. "Central banks are all the same. They are printers. Gold is maybe cheaper today than in 2001, given the interest rates. You have to own physical gold", the maverick investor further added.



We are of the opinion that while the case for gold looks very strong indeed, this does not mean that there is absolutely no likelihood of the yellow metal going below US$ 1,000 per ounce. For that matter, even the dollar can rally enormously from the current levels. However, the odds that both these scenarios will happen in the near to medium term is certainly on the lower side. So, while having gold in your portfolio does make sense, one should refrain from going overboard with it.

Read more »

Thursday, November 12, 2009

KASHMIR CRISIS: History



We Indians of the farming tribes served the British Army faithfully but the British colluded with the people of business tribes and hypocritically divided our homeland leading us into the sectarian riots and bloodshed that could be avoided.

India is the land of many tribes and is our motherland. We lived together peacefully and supported the British in the two world wars. Jatts, Pathans, Marhatta, are a few marshal tribes worth mentioning. Now, our tribal homelands are divided on sectarian basis and when we fight with each other, the West shopkeepers sell their arms into our poverty and misery. For example, the Punjab, Rajasthan, etc are the homes of the people of Jatt tribe, the best soldiers in the British Army and now we are ready to fight against each other under the sectarian banners of Sikh, Hindu and Muslim.

Religion brings in peace but when the sons of Satan, the hypocrites lead the masses, and then it leads to bloodiest of all wars. If you remember that Jesus condemned hypocrisy the most as it originates from one's heart than the moral sins, then you would understand the fruit of evil spirit or hypocrisy that became prevalent during the partition of India.

 

British are supposed to be the staunch supporters of democracy and they always send their representatives all over the world to see that the elections are fair and the flag of democracy is upheld.

But the British handed over the reigns of our country to the Congress Party dominated by the business tribes of India under the banner of Hindus and to the Muslim League also dominated by the counterpart business tribes under the banner of Muslims. Lala Mohandass Karamchand Gandhi, a Baniya by tribe represented the business tribes on one side and Lala Mohammad Ali Jinnah, a Babla Bhatia, the business tribe on the other side. There was a third person in the name of Lala Tara Singh Malhotra Khatri who came under the banner of Sikhs.

All such people were the representatives of their political organisations and none of them represented the general public as it is done in the democratically held elections. In other words, the British did not hold General Elections to pass on the powers to the democratically elected members of the Parliament but to their well-groomed stooges to create chaos and bloodshed in the country through sectarian riots. The British supported their stooges financially and unduly favoured the heads of different religious sects, so as to support the sectarian divisions among the people.

In a nutshell, the British encouraged the sectarian leaders to create chaos so that they could apply their "Divide and Rule" Policy to hold on to their Indian Empire. The business tribal people, who fought least during the Wars, benefited most from their policy whilst the village tribal people who fought bravely during the wars suffered greatest of all. In fact, the villagers were treated like the X-mass pets and they were deserted and maltreated after they had helped them win the Wars.

But every cloud has a silver lining. The demarcation of India, especially of the Punjab is right between the two great towns, Amritsar, where this holiest of Holy Temple Harmandir Sahib is present and Lahore, the capital of the Punjab where the crooks of the highest calibre live. Remember that the Holiest of Holy Temple, which used to be in Jerusalem and destroyed in 70 A.D., is the Hospital for the spiritually sick dishonest people for cleansing their heart with His Word but it became corrupt when the Owner of this House, Satguru (Christ) Tegh Bahadur Ji visited the Place but He was refused the entry and turned away. Satguru Tegh Bahadur Ji rightly cursed the town by Saying:-



"AMRITSARIYAE ANDAR SARRIYAE"

That is the people of Amritsar are dirty-hearted people and this is apparent by the corrupt practices run at this Temple. What God has to do with gold? Thus, we have dirty-hearted people on the both sides of the border and their destruction is inevitable. Destruction of the other towns would follow the general pattern more dishonest people more the destruction.

Kashmir used to be the land of the most learned Brahmins nicknamed as Guru Brahmins who in this Dark Age become Guru sons of Satan. No wonder the Sarsuts and Khatris of Kashmir on becoming Mohammadans committed the greatest of all heinous atrocities that Satguru Tegh Bahadur Ji had to lay his sacrifice to these satanic people. So, the British left Kashmir as the Bone of Contention between India and Pakistan so that both of them could tear Kashmir apart. Remember that the Mullahs from Kashmir went all over Middle East and Europe to create havoc among the people. Allah being Spirit, there are neither the beautiful girls, HOURIS nor any heaven but you rather enjoy Peace of Mind. Further, He is free of any moral laws or SHARIAH and if someone binds you in the name of God or Allah, then he is a son of Satan. That is, Islam of Allah is SHARIAH-FREE.

So, the British hypocritically divided our Motherland and that hypocrisy would definitely bear fruit as the blasphemy against the Holy Spirit is not forgiven.

Time of bearing this Fruit could not be assigned definitely but the year 2003 could be the possible time for the fierce fighting in India.

Punjab is the homeland of the people of Jatt tribe and this tribe, our elders said:-

            JAATRRA SAE KAATRRA APNA HI GHAR GHALAE SAE.

People of Jatt tribe are in nature to the male buffaloes, which like fighting with each other. This would happen during the Indo-Pak war when the foolish Jatts from both sides would kill each other. Jatts are well known for their generosity and foolishness.

   Another saying:-

   KOKARR ( Chicken ) KAN ( Crows ) KAMBO ( A tribe ) KABILA PAALDAE ( Look after their young ones );

JATT MAEHAN ( Jatt like the male buffalo ) SANSAAR ( Worldwide ) KABILA GHAALDAE ( Destroy each other ).

  

Read more »

Monday, November 2, 2009

Do We Really Die?







So many times I have discussed in my previous posts that there is nothing like solidity in the universe, what we think is solid is nothing but merely the vibrations of energy, it is not easy to believe because our logical mind does not let us think this way, but this is the scientific fact, a branch of Physics called Quantum physics exclusively deals with the properties of matter and with the sub-atomic elements more precisely should be called quanta. Quanta have the both, particle nature and the wave nature.

In Order to make the subject more understandable and easier to understand here I am presenting another analogy to understand the subject:

Look at the fan, what do you see, the three blades and the vacant space between them, When a fan is made to rotate at high speed we cannot see the three blades separately. What we see is a circle going around and around. Also, the spaces between the blades appear filled. Actually, the blades move so fast that before the reflection of one blade passes our eyes the second blade is already there. Then the third blade comes just as swiftly, with the result that they follow one after the other so that we cannot see the vacant spaces between them. The fan can be made to revolve at such a speed that you can sit on it and never know that anything is moving underneath you. The space between two blades can be filled so swiftly that after one blade passes under you the second will immediately replace it; then you will not feel the empty space at all. It is entirely a matter of speed. When energy revolves at a high speed it looks like matter. The atomic energy on which our entire modern scientific research is based has never been perceived visually; only its effects are visible. The fundamental energy is invisible and the question of seeing it does not arise, but we can observe its effects.

Even a wall, which appears solid, is not so solid. It is porous and things can pass back and forth through its holes. We may be inclined to say that at least that which is around the pores must be solid, but this too is not solid: each atom is porous. If we magnify an atom to the same size as the earth we will find that there is as much distance between two components of an atom as there is between the earth and the moon or the sun and the

stars. Then we might say that at least the two components at the two ends are solid – but science says that these too are not solid; they are particles of electricity. Now science is not even ready to accept the word particle, because with that is joined the concept of matter. Particle means a portion

of matter – but the atom's components are not matter, because matter is solid and keeps its shape whereas these components are continuously changing shape. They are like waves, not particles. When a wave arises in water, before you even say to yourself, "This is a wave," it has changed,

because a wave is that which comes and goes continuously. But a wave is also a material happening, so science has coined a new word which was not there thirty years ago. The word is quanta. It is difficult to find a Hindi equivalent just as many Hindi words have no equivalents in English: for instance, the word Brahman – the cosmic reality.

Do you know how many times these wave which create the illusion of matter generate and degenerate , well 10000000000000000000000 times in a second these waves appear and disappear, take birth and die, and this can be experienced within our body, many Rishis and Sadhus have been the witness of this nature of matter, they have seen every cell every atom all sub atomic particles within. That is why they always emphasize that the materialistic world is ever changing (parivartansheel jagat), but there is one thing which never changes neither it takes birth nor it dies, it is eternal, yes, the soul, the real "I"and "I" am not the body "I" am the soul. I do not and can not die "I" am eternal.

Read more »