by Divesh Singhvi
August 8, 2011
India – Victim of collateral damage again! S&P downgrades US credit rating In a now historical move, global credit ratings agency, Standard & Poor (S&P), downgraded the US credit rating by a notch from AAA to AA+ just a few days after two other global credit ratings agencies, Fitch and Moody’s had affirmed the US [...]
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by Divesh Singhvi
August 4, 2011
Introduction – Gold has shown a powerful rally since October 2008’s lows of $681 per ounce, and certainly one could argue that a correction would vicious sooner or later. However, the fundamentals for Gold are only getting stronger as US inflation is climbing above 8.5% real rate and interest rates continuing to drop. This is [...]
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