Le Grand Fromage: OPINION | "Hypoglycemic hallucinations in an Indian ‘Bear Market' or better titled:" The Silliness of Starvation"
Exploding 2 popular myths pervading investors' brains:
1. FII selling is causing the Bear Market
2. The US trade deal
https://t.co/6W9CATVYCo
Francis Hunt @themarketsniper says somebody with incredibly deep pockets is buying December gold calls at $15,000 and $20,000 strike prices, on an industrial scale.
That's a 4x bet from here. In a single year.
The last time he saw outlier call volume like this? Silver in the $80–$85 range. Every one of those calls ended up deep in the money.
Watch the full interview here 👉 https://t.co/SGo2pwJrlL
#Gold #GoldMarket #PreciousMetals #Commodities #Wealthion
@mohanty_swarup Hello, I have initiated redemption requests on Sunday (14Sep). It should have been processed by today but it is still showing pending. Kindly Help. Folio Number 7997741071 and 79961382361. Waiting for response…….
The Man Who Exits Before Every Crash | ft. Shankar Sharma https://t.co/MxNQrGhRI7 via @YouTube@1shankarsharma
Thank You for being a guru in this market. LORT is EUREKA moment for me.
For the first time in my life I am really worried about where the world is headed.
No, this is not about markets or Investments...something bigger than that!
The world order which has largely been predictable post the World War 2 peace, the assumptions we all lived by - everything is suddenly all up in the air.
I am no geopolitical expert but even as a layperson the signs are ominous.
Yes. There have been many unfair or criminal inter country or people conflicts even in the interim. Remember the second Gulf war with the fig leaf of 'weapons of mass destruction' in Iraq; or the recent war crimes in Palestine and many more plus the years of the Cold War...but there has been little with implications for widespread global peace. And the number of players you needed to worry about has been limited.
Trump may want to stop being the world policeman but once the peace guarantee of America / the NATO (or even the survival of the latter) goes, every small state will have someone with the finger on the nuclear button. And there are enough madmen (yup, all men as of now) around
"The assassination of Archduke Franz Ferdinand of Austria on June 28, 1914 triggered World War I." This is how we are taught history but I am sure no one living at the time of the assassination would have thought that this would trigger something that will kill tens of millions of people.
In our homeland those agitating for Partition, including Jinnah himself, had never anticipated the scale of the mayhem that would unleash.
It is very hard to imagine how things can go completely out of hand. Our brains are not wired that way!
Now you have narcissists who think they are some kind of video simulation. Look at the owner of this platform, Musk strutting around thinking of himself as living the post apocalypse life as a war lord with a harem of women.
I, for one, am scared as to how this will play out in our lifetimes 🤞
Question : what does it even mean that FIIs don’t pay taxes in any other country ? How is that possible ?
Answer : FIIs don’t pay taxes anywhere else in invested country. India is the only major country which taxes them at source. Other countries let FIIs handle at redemption / client end.
GOI thinking : one can claim tax offset.
Why GOI’s thinking is impractical : most fund are simply creating a tax liability at NAV level for India exposure. Many of their clients don’t pay any taxes in end and some do. Hence whole process of tax offset doesn’t work for many and for many others it’s too cumbersome.
Why are we discussing it now when LTCG was done 7-8 years back ( hiked last year) : earlier India performance was okish in dollar terms but with increased treasury yields, Indian tax adjusted 6-7% USD return is not worth operational hassles. Slowing Indian economy has accelerated selling and major fresh investments are anyway unlikely as they can simply move to other APAC or even DM countries.
All this operational hassles was worth only if India was Snow White and other were dwarfs.
In all this talk of India’s golden decade and century and Vishwa guru and what not , we forgot basic that India is still an EM (on per capita basis only slightly above Africa) and hence ignoring a vital source of capital in myopia and arrogance is no less Harakiri than Demot.
We as BJP supporters have given such long rope to incumbent Government that it no longer cares to even fix its own basic mistakes. ( and not to even consider PM/HM/FM giving all those childish statements in run up to elections on PSU rallies / Markets will give an all time high / FIIs don’t matter)
Top 2% India is anyway voting via their feet by sending kids abroad or settling overseas themselves. For rest it’s very unfortunate to have decisive government but now in wrong directions.
@1shankarsharma Hello Sir, Always a fan of your realistic views.
If retailer buys direct stock then it is research, risk taking ability and luck.
Everything else is just a gyan??
Need your views??????
@MiraeAsset_Care@MiraeAsset_IN Hi, I use ICICI direct demat. Unable to find MIRAE Asset nifty smallcap 250 Momentum quality 100 ETF on demat account???? Kindly help