Read or share tips on saving money
Money Savings Tip #24Gold awaits US data, eyes higher finish Search "Mcx Ncdex Trading Tips Blog" In Google Gold prices advanced towards its biggest weekly gains in two months as traders await a key US data for more clues. Gold for immediate delivery was seen trading at $ 1195.43 an ounce at 12.00 noon Singapore time while U.S. gold futures for December delivery was at $1198 an ounce. on the comex division of Nymex. Analysts said the US data on employment is likely to show negative results that could benefit the precious yellow metal to end the week on a high note. Meanwhile ETF holdings rose for the first time since mid-July on a weak dollar and high wheat prices that triggered concerns of inflation worries. The world's largest gold-backed exchange-traded fund, SPDR Gold Trust said its holdings rose to 1,282.746 tonnes by August 5 from 1,281.834 tonnes on Aug 4. The holdings hit a record 1,320.436 tonnes on June 29. Silver for immediate delivery was little changed at $18.345 an ounce and platinum traded at $1571.90 an ounce after falling as much as 0.6 per cent to $1,563 an ounce. Palladium declined 0.3 per cent to $495.75 an ounce On Thursday, Gold extended its gains to settle higher for a seventh straight day as physical buying on China's decision to expand its market for the metal and weak U.S. jobs data made it an attractive safe haven. Gold for December delivery, the most actively traded contract, settled up $3.40, or 0.3%, at $1,199.30 an ounce. |
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Money Savings Tip #23Gold stays up on bargain hunting SEARCH “MCX NCDEX TRADING TIPS BOG” FOR COMMODITY TIPS Gold prices edged up in Asian trade Thursday but holdings on the ETF fell marginally.Gold for immediate delivery was seen trading at $1194.77 an ounce at 12.00 noon Singapore time while U.S. gold futures for December delivery was at $1,196.5 an ounce on the comex division of Nymex. The world's largest gold-backed exchange-traded fund, SPDR Gold Trust, said its holdings fell to 1,281.834 tonnes by August 4 from 1,282.279 on July 28. The holdings hit a record at 1,320.436 tonnes on June 29.Analysts said the precious yellow metal edged up on bargain hunting after prices slipped below $1,200 an ounce but firm stock markets were likely to weigh. However, they said traders await the release of more data from the United States, particularly the payrolls report, which will offer clues on the health of the economy.The greenback was mostly higher in Asia on Thursday after U.S. economic data beat the market's low expectations and sparked a bout of short-covering, though the overall mood remains bearish into the key payrolls report. Gold has weakened 5.6 per cent since reaching a record $1265.30 an ounce on June 21 as investor interest in the metal moderated amid signs of improvement in the global economy.On Wednesday, gold rose, capping the longest rally since November, on speculation that China's plans to relax rules on trading will bolster demand. Gold futures for December delivery rose $8.40, or 0.7 per cent, to close at $1195.90 on the Comex in New York.Silver futures for September delivery slipped 14.4 cents, or 0.8 per cent, to $18.278 an ounce in New York, after reaching $18.70, the highest price since June 30.Platinum futures for October delivery dropped 90 cents, or 0.1 per cent, to $1586.20 an ounce. Palladium futures for September delivery declined $6.30, or 1.2 per cent, to $500.15 an ounce. |
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Money Savings Tip #22World looks towards India for Jewelry boom ! SEARCH " MCX NCDEX TRADING TIPS BLOG" IN GOOGLE China's extreme economic growth rates were met by both cheerleaders and detractors, many of whom were afraid that the real estate expansion was just another repeat of the US growth from 2002-2007. One of the key elements of the Chinese economic situation is its impact on precious metals, with many analysts stretching the news to say that a Chinese slowdown is bad for metals. But how? The greater impact on metals comes from India. India remains as one of the leading buyers of foreign gold and silver for use in its jewelry operations. The key ingredient to the demand, however, is largely dependent on natural factors, not on economic factors.The annual monsoons are important piece of the Indian economy. Weak rains mean poor farm business, while strong rains from the wild winds bring economic prosperity. This year, India hit the jackpot, and silver demand in the second half and later looks to be better than ever. Traders now expect that the Indian market will buy more than the 1,000 tons of silver purchased in 2009, and expectations are as lofty as 1,200-1,500 tons. Such a volume of growth, particularly in a fixed supply market like silver, often brings higher prices. To Indian consumers and investors, gold and silver are more than your average aluminum foil. Everyone from the ultra-wealthy to sustenance farmers view precious metals as something sacred and beautiful, and most of them also view it as an attractive investment that has a strong hedge against inflation and economic fallout.The summer months usually bring weak consumption numbers, as farmers divert resources to purchasing pieces of equipment and seeds to plant their farms. This year, however, it wasn't internal growth that buoyed India's precious metals trade. In fact, India's jewelry exports in June 2010 rose by a whopping 30.4% in June alone. This type of growth, especially if it is later sustained by internal consumption, is all the better for precious metals investors. Where Investment Theory Fails Metals Investors have long believed that it is not so important to pick individual winners as it is to be in the right sectors or places at the right time. That kind of thinking has run rampant in recent years, as exchange-traded funds and niche products push investment dollars away from individual picks and plays and into whole baskets of funds that target specific countries and sectors.While investors lay on the sidelines worried about what may happen with Chinese real estate and consumer-level growth, precious metals investors are poised to pick up the profits regardless of what happens. As it is, India is exponentially more important to silver and gold than China, and the two countries, despite being neighbors in the Asian arena, aren't all that interconnected. Indo-China trade accounts for roughly $60 billion annually compared to a total productive output in India of $1.16 trillion. Even a near collapse in the Chinese economy (which is still growing, despite recent weakening) would have only a minor effect on the stability of the Indian economy, as well as the demand for silver and gold. Fear the news...it is lying to you. |
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Money Savings Tip #21Gold steadies in thin Asian trade "SEARCH MCX NCDEX TRADING TIPS BLOG" IN GOOGLE FOR COMMODITY TIPS However, analysts said trading was thin ahead of a trail of U.S. data such as June personal income.The greenback was hovering near a three-month low against a basket of currencies on Tuesday on worries the U.S. growth outlook is deteriorating and could force the Federal Reserve to keep interest rates low. Meanwhile, world's largest gold-backed exchange-traded fund, SPDR Gold Trust, said its holdings were unchanged at 1,282.279 tonnes, down nearly 3 percent from a record of 1,320.436 tonnes in late June 29.On Monday, spot gold rose as high as $1,190.40 an ounce.U.S. gold futures for December delivery settled up at $1,185.40. |
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Money Savings Tip #20Technical View on Nifty(22nd July ‘10) SEARCH “ MCX NCDEX TRADING TIPS BLOG” In google Nifty is trading in the horizontal trading range from last few trading sessions. In the downside it is getting good support close to the level of 5350. Closing below this support may further create some weakness in it. Still technically it is looking strong & one may expect the up trend to continue in the market. For trading strategy we already recommended that one should buy Nifty Future at every dip until it close below 5300 for the targets of 5450, 5500. |
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Money Savings Tip #19Search " MCX NCDEX TRADING TIPS BLOG" in Google For Free Market Alerts Technical View on Nifty(21st July ‘10) Nifty witnessed a correction from the higher levels & in the end closed near to the support zone of 5350 to 5355. In the downside the next crucial support zone seems to be around the levels of 5290 to 5300. Decisive closing below this support zone may drag it till the lower levels of 5200 to 5205 in near term. We recommend that until it close below 5300 one may go for buy on dips in it for the upside targets of 5450, 5500 in near term. |
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Money Savings Tip #18WEEKLY AGRI REPORT (JUL 12- JUL 17) For More Updates, Search “MCX NCDEX TRADING TIPS BLOG” In google . |
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Money Savings Tip #17WEEKLY COMMODITY REPORT Jul (12-17) Base Metals Up On Higher Equities, Euro! "GOLD RISES 1.5 PCT, CONSISTENT SELLING CAPS HIGH" U.S. Gold futures finished Friday at their highest close in four days, but gains were held in light volumes and sellers at $1,210 an ounce. Gold briefly rose 1.5 percent to four-day highs $1,210 an ounce on Friday, but selling around that level kept price gains capped. Uncertaint surrounds the global economy and slow summer trading sessions kept prices, both in precious metals as well as correlated markets such as equities in check. Spot Gold advanced to $1,209.05 an ounce from previous session's late quote in New York at $1,196.48 an ounce. Earlier, it touched $1,213.35, its highest since July 5 against $1,196.48 late Thursday trade. U.S. gold futures for August delivery firmed $13.70 to settle at $1,209.80 on the New York Mercantile Exchange's COMEX division, and earlier hit a four-day high at $1,214.10. Holdings of the world's largest gold- backed exchange-traded fund, New York's SPDR Gold Trust, slipped again on Thursday, dipping 0.445 tonnes to 1,316.036tonnes. The fund's holdings have retreated 4.4 tonnes from the record 1,320.436 tonnes they stood at in late June, as the safe haven-related inflows seen in recent months dried up. "OIL TOPS $76 IN CHOPPY TRADING, POSTS WEEKLY AGAIN" "U.S. COPPER ENDS AT 2-WK TOP, EYES CHINA IMPORT DATA" For More Updates , Search "MCX NCDEX TRADING TIPS BLOG" In Google . |
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Money Savings Tip #16NIFTY |
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Money Savings Tip #15Trackash.com: Best way to manage money.. 10)We can learn how to financially smart Its basic functionalities are free but to get advance futures we need to upgrade the account |
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Money Savings Tip #14If you enjoy a glass or two in these tough times (and who doesn't?), instead of expensive champagnes to entertain your guests - try some sparklers from Italy. Their vines have been around for a long time & they have the passion & knowledge to make great fizzy. Whilst they don't have snob value, many taste delicious. If you shop at Tesco Wines, search for special offers, you will often get your hands on some great bottles at 50% off. Cheers! |
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Money Savings Tip #13Most directory enquiries services charge to find you a telephone number. However, if you dial 0800 100100 from a landline, you will get it for free – you just have to listen to a short ad before you get the number. |
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Money Savings Tip #12Travel insurance renewal is due so one would normally just renew for convenience but why do that if you are not going on holiday just yet? You are wasting cover which you are not going to use. Wait until you have a holiday booked before you renew your policy and always phone and say you have a better deal elsewhere and they will need to improve on their premium to keep you as another vlaued customer for a further year. |
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Money Savings Tip #11Check your bank account statement every week. Most people don't, but, trust me, banks make mistakes and over charge with alarming frequency. Just 10 minutes a week will ensure that you never lose your hard earned cash. It is easy to set up online statements with most banks & this way you won't get charged an admin. fee. |
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Money Savings Tip #10Pay off your most expensive credit card first. The one with the highest APR. When that's paid off, work your way back. You'll be amazed how much you'll save. |
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Money Savings Tip #9Grocery shopping online - this is not just convenient, it saves you money too. After choosing all your items, you can then confirm your order before you pay and it is at this point that you can make sure you are on budget for what you can afford that week. If you have over spent, simply deselect a few of those luxury items or choose a cheaper supermarket own brand option (for non food items I have found these to be just as good). By shopping this way, it gives you the chance before you proceed to 'checkout' to buy what you can afford. You cannot do this at a check out in a supermarket! |
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Money Savings Tip #8Times are tough but if you can, over pay on your mortgage. If you are used to the pain of your monthly mortgage but have seen payments fall dramatically in recent months, resist the temptation to fritter away the saving each month. Instead, continue the payment as it was say a year ago. You will be amazed how you start to chip away at your mortgage & could save yourself thousands of pounds in the long run. Let's face it, you will earn next to nothing in a savings account at the moment. |
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Money Savings Tip #7Write things down! Sounds basic but how many people actually do a budget of monthly out goings v income? Do a list of mortgage / rent, council tax, gas, elec etc and put the amount next to it. You will then have a clear indication from your monthly income, minus these costs, what you have left each month to spend on extras, going out etc. This will help you stay in budget, hopefully! Put the budget sheet in a visible place such as the fridge door, notice board so it is there to remind you of your budget. |
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Money Savings Tip #6Have you met any poor Accountants recently? No, I thought not. So, follow their advice. When they buy a car they frequently go for what's called a Personal Contract Purchase (PCP). Here's how it works: It's designed to be a personal contract for private individuals. It's therefore classed as a conditional sale agreement & offers you protection under the Consumer Credit Act. In a nutshell, it's a great way to avoid the dreaded depreciation trap. This is when a car's value plummets, the minute you drive out of the showroom & wipes that grin off your face! A PCP agreement allows you to set up a contract term, with monthly payments. At the end of the term, you have the flexibility to either purchase the vehicle, take out a new agreement or simply hand it back & walk away. It allows you to budget, as you have fixed costs; haggle, as the dealer wants you to take up the deal & enjoy your motoring, as you won't fall foul of the evil Dr Depreciation! |
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Money Savings Tip #5If you are thinking about that new car purchase whilst deals are good, timing is everything. Most dealers work to quarterly targets. Not always, but typically, Q1 - end of March, Q2 - end of June etc. Car manufacturers have targets too from their parent company as factories have to keep the car production lines running. So, approach a dealer in the last month of a quarter and be prepared to haggle! If your new car sale is the one to clinch the dealer's quarterly target, you are in luck - your friends will be green with envy at your savvy powers. |
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Money Savings Tip #4If you are a Tesco clubcard holder and receive your reward vouchers quarterley, do not spend them in the store as you receive more reward spend for your vouchers by spending with one of Tesco's reward partners. As an example, if you receive £10 tesco clubcard vouchers and want to treat yourself to a meal, for every £10 of Tesco vouchers gives you £40 worth of clubcard reward tokens for restaurants such as Pizza Express. Log on to www.tesco.com/clubcard and select 'spend my vouchers / reward partners' for a list of where you can spend. |
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Money Savings Tip #3If your car or home insurance is coming up for renewal, instead of going through to the renewal section, go through to cancellations and say you have had a better deal elsewhere. This department will then offer better discounts on your renewal as they do not want to lose you as a customer, so 9 times out of 10 you save more money on your renewal premium. |
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Money Savings Tip #1Always open your bank statements and bills. Sounds crazy, but lots of people don't. |
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Money Savings Tip #6Have you met any poor Accountants recently? No, I thought not. So, follow their advice. When they buy a car they frequently go for what's called a Personal Contract Purchase (PCP). Here's how it works: It's designed to be a personal contract for private individuals. It's therefore classed as a conditional sale agreement & offers you protection under the Consumer Credit Act. In a nutshell, it's a great way to avoid the dreaded depreciation trap. This is when a car's value plummets, the minute you drive out of the showroom & wipes that grin off your face! A PCP agreement allows you to set up a contract term, with monthly payments. At the end of the term, you have the flexibility to either purchase the vehicle, take out a new agreement or simply hand it back & walk away. It allows you to budget, as you have fixed costs; haggle, as the dealer wants you to take up the deal & enjoy your motoring, as you won't fall foul of the evil Dr Depreciation! |
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Money Savings Tip #15Trackash.com: Best way to manage money.. 10)We can learn how to financially smart Its basic functionalities are free but to get advance futures we need to upgrade the account |
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Money Savings Tip #10Pay off your most expensive credit card first. The one with the highest APR. When that's paid off, work your way back. You'll be amazed how much you'll save. |
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Money Savings Tip #7Write things down! Sounds basic but how many people actually do a budget of monthly out goings v income? Do a list of mortgage / rent, council tax, gas, elec etc and put the amount next to it. You will then have a clear indication from your monthly income, minus these costs, what you have left each month to spend on extras, going out etc. This will help you stay in budget, hopefully! Put the budget sheet in a visible place such as the fridge door, notice board so it is there to remind you of your budget. |
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Money Savings Tip #5If you are thinking about that new car purchase whilst deals are good, timing is everything. Most dealers work to quarterly targets. Not always, but typically, Q1 - end of March, Q2 - end of June etc. Car manufacturers have targets too from their parent company as factories have to keep the car production lines running. So, approach a dealer in the last month of a quarter and be prepared to haggle! If your new car sale is the one to clinch the dealer's quarterly target, you are in luck - your friends will be green with envy at your savvy powers. |
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Money Savings Tip #4If you are a Tesco clubcard holder and receive your reward vouchers quarterley, do not spend them in the store as you receive more reward spend for your vouchers by spending with one of Tesco's reward partners. As an example, if you receive £10 tesco clubcard vouchers and want to treat yourself to a meal, for every £10 of Tesco vouchers gives you £40 worth of clubcard reward tokens for restaurants such as Pizza Express. Log on to www.tesco.com/clubcard and select 'spend my vouchers / reward partners' for a list of where you can spend. |
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Money Savings Tip #3If your car or home insurance is coming up for renewal, instead of going through to the renewal section, go through to cancellations and say you have had a better deal elsewhere. This department will then offer better discounts on your renewal as they do not want to lose you as a customer, so 9 times out of 10 you save more money on your renewal premium. |
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Money Savings Tip #24Gold awaits US data, eyes higher finish Search "Mcx Ncdex Trading Tips Blog" In Google Gold prices advanced towards its biggest weekly gains in two months as traders await a key US data for more clues. Gold for immediate delivery was seen trading at $ 1195.43 an ounce at 12.00 noon Singapore time while U.S. gold futures for December delivery was at $1198 an ounce. on the comex division of Nymex. Analysts said the US data on employment is likely to show negative results that could benefit the precious yellow metal to end the week on a high note. Meanwhile ETF holdings rose for the first time since mid-July on a weak dollar and high wheat prices that triggered concerns of inflation worries. The world's largest gold-backed exchange-traded fund, SPDR Gold Trust said its holdings rose to 1,282.746 tonnes by August 5 from 1,281.834 tonnes on Aug 4. The holdings hit a record 1,320.436 tonnes on June 29. Silver for immediate delivery was little changed at $18.345 an ounce and platinum traded at $1571.90 an ounce after falling as much as 0.6 per cent to $1,563 an ounce. Palladium declined 0.3 per cent to $495.75 an ounce On Thursday, Gold extended its gains to settle higher for a seventh straight day as physical buying on China's decision to expand its market for the metal and weak U.S. jobs data made it an attractive safe haven. Gold for December delivery, the most actively traded contract, settled up $3.40, or 0.3%, at $1,199.30 an ounce. |
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Money Savings Tip #23Gold stays up on bargain hunting SEARCH “MCX NCDEX TRADING TIPS BOG” FOR COMMODITY TIPS Gold prices edged up in Asian trade Thursday but holdings on the ETF fell marginally.Gold for immediate delivery was seen trading at $1194.77 an ounce at 12.00 noon Singapore time while U.S. gold futures for December delivery was at $1,196.5 an ounce on the comex division of Nymex. The world's largest gold-backed exchange-traded fund, SPDR Gold Trust, said its holdings fell to 1,281.834 tonnes by August 4 from 1,282.279 on July 28. The holdings hit a record at 1,320.436 tonnes on June 29.Analysts said the precious yellow metal edged up on bargain hunting after prices slipped below $1,200 an ounce but firm stock markets were likely to weigh. However, they said traders await the release of more data from the United States, particularly the payrolls report, which will offer clues on the health of the economy.The greenback was mostly higher in Asia on Thursday after U.S. economic data beat the market's low expectations and sparked a bout of short-covering, though the overall mood remains bearish into the key payrolls report. Gold has weakened 5.6 per cent since reaching a record $1265.30 an ounce on June 21 as investor interest in the metal moderated amid signs of improvement in the global economy.On Wednesday, gold rose, capping the longest rally since November, on speculation that China's plans to relax rules on trading will bolster demand. Gold futures for December delivery rose $8.40, or 0.7 per cent, to close at $1195.90 on the Comex in New York.Silver futures for September delivery slipped 14.4 cents, or 0.8 per cent, to $18.278 an ounce in New York, after reaching $18.70, the highest price since June 30.Platinum futures for October delivery dropped 90 cents, or 0.1 per cent, to $1586.20 an ounce. Palladium futures for September delivery declined $6.30, or 1.2 per cent, to $500.15 an ounce. |
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Money Savings Tip #22World looks towards India for Jewelry boom ! SEARCH " MCX NCDEX TRADING TIPS BLOG" IN GOOGLE China's extreme economic growth rates were met by both cheerleaders and detractors, many of whom were afraid that the real estate expansion was just another repeat of the US growth from 2002-2007. One of the key elements of the Chinese economic situation is its impact on precious metals, with many analysts stretching the news to say that a Chinese slowdown is bad for metals. But how? The greater impact on metals comes from India. India remains as one of the leading buyers of foreign gold and silver for use in its jewelry operations. The key ingredient to the demand, however, is largely dependent on natural factors, not on economic factors.The annual monsoons are important piece of the Indian economy. Weak rains mean poor farm business, while strong rains from the wild winds bring economic prosperity. This year, India hit the jackpot, and silver demand in the second half and later looks to be better than ever. Traders now expect that the Indian market will buy more than the 1,000 tons of silver purchased in 2009, and expectations are as lofty as 1,200-1,500 tons. Such a volume of growth, particularly in a fixed supply market like silver, often brings higher prices. To Indian consumers and investors, gold and silver are more than your average aluminum foil. Everyone from the ultra-wealthy to sustenance farmers view precious metals as something sacred and beautiful, and most of them also view it as an attractive investment that has a strong hedge against inflation and economic fallout.The summer months usually bring weak consumption numbers, as farmers divert resources to purchasing pieces of equipment and seeds to plant their farms. This year, however, it wasn't internal growth that buoyed India's precious metals trade. In fact, India's jewelry exports in June 2010 rose by a whopping 30.4% in June alone. This type of growth, especially if it is later sustained by internal consumption, is all the better for precious metals investors. Where Investment Theory Fails Metals Investors have long believed that it is not so important to pick individual winners as it is to be in the right sectors or places at the right time. That kind of thinking has run rampant in recent years, as exchange-traded funds and niche products push investment dollars away from individual picks and plays and into whole baskets of funds that target specific countries and sectors.While investors lay on the sidelines worried about what may happen with Chinese real estate and consumer-level growth, precious metals investors are poised to pick up the profits regardless of what happens. As it is, India is exponentially more important to silver and gold than China, and the two countries, despite being neighbors in the Asian arena, aren't all that interconnected. Indo-China trade accounts for roughly $60 billion annually compared to a total productive output in India of $1.16 trillion. Even a near collapse in the Chinese economy (which is still growing, despite recent weakening) would have only a minor effect on the stability of the Indian economy, as well as the demand for silver and gold. Fear the news...it is lying to you. |
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Money Savings Tip #21Gold steadies in thin Asian trade "SEARCH MCX NCDEX TRADING TIPS BLOG" IN GOOGLE FOR COMMODITY TIPS However, analysts said trading was thin ahead of a trail of U.S. data such as June personal income.The greenback was hovering near a three-month low against a basket of currencies on Tuesday on worries the U.S. growth outlook is deteriorating and could force the Federal Reserve to keep interest rates low. Meanwhile, world's largest gold-backed exchange-traded fund, SPDR Gold Trust, said its holdings were unchanged at 1,282.279 tonnes, down nearly 3 percent from a record of 1,320.436 tonnes in late June 29.On Monday, spot gold rose as high as $1,190.40 an ounce.U.S. gold futures for December delivery settled up at $1,185.40. |
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Money Savings Tip #20Technical View on Nifty(22nd July ‘10) SEARCH “ MCX NCDEX TRADING TIPS BLOG” In google Nifty is trading in the horizontal trading range from last few trading sessions. In the downside it is getting good support close to the level of 5350. Closing below this support may further create some weakness in it. Still technically it is looking strong & one may expect the up trend to continue in the market. For trading strategy we already recommended that one should buy Nifty Future at every dip until it close below 5300 for the targets of 5450, 5500. |
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Money Savings Tip #19Search " MCX NCDEX TRADING TIPS BLOG" in Google For Free Market Alerts Technical View on Nifty(21st July ‘10) Nifty witnessed a correction from the higher levels & in the end closed near to the support zone of 5350 to 5355. In the downside the next crucial support zone seems to be around the levels of 5290 to 5300. Decisive closing below this support zone may drag it till the lower levels of 5200 to 5205 in near term. We recommend that until it close below 5300 one may go for buy on dips in it for the upside targets of 5450, 5500 in near term. |
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Money Savings Tip #18WEEKLY AGRI REPORT (JUL 12- JUL 17) For More Updates, Search “MCX NCDEX TRADING TIPS BLOG” In google . |
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Money Savings Tip #17WEEKLY COMMODITY REPORT Jul (12-17) Base Metals Up On Higher Equities, Euro! "GOLD RISES 1.5 PCT, CONSISTENT SELLING CAPS HIGH" U.S. Gold futures finished Friday at their highest close in four days, but gains were held in light volumes and sellers at $1,210 an ounce. Gold briefly rose 1.5 percent to four-day highs $1,210 an ounce on Friday, but selling around that level kept price gains capped. Uncertaint surrounds the global economy and slow summer trading sessions kept prices, both in precious metals as well as correlated markets such as equities in check. Spot Gold advanced to $1,209.05 an ounce from previous session's late quote in New York at $1,196.48 an ounce. Earlier, it touched $1,213.35, its highest since July 5 against $1,196.48 late Thursday trade. U.S. gold futures for August delivery firmed $13.70 to settle at $1,209.80 on the New York Mercantile Exchange's COMEX division, and earlier hit a four-day high at $1,214.10. Holdings of the world's largest gold- backed exchange-traded fund, New York's SPDR Gold Trust, slipped again on Thursday, dipping 0.445 tonnes to 1,316.036tonnes. The fund's holdings have retreated 4.4 tonnes from the record 1,320.436 tonnes they stood at in late June, as the safe haven-related inflows seen in recent months dried up. "OIL TOPS $76 IN CHOPPY TRADING, POSTS WEEKLY AGAIN" "U.S. COPPER ENDS AT 2-WK TOP, EYES CHINA IMPORT DATA" For More Updates , Search "MCX NCDEX TRADING TIPS BLOG" In Google . |
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Money Savings Tip #16NIFTY |
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Money Savings Tip #14If you enjoy a glass or two in these tough times (and who doesn't?), instead of expensive champagnes to entertain your guests - try some sparklers from Italy. Their vines have been around for a long time & they have the passion & knowledge to make great fizzy. Whilst they don't have snob value, many taste delicious. If you shop at Tesco Wines, search for special offers, you will often get your hands on some great bottles at 50% off. Cheers! |
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Money Savings Tip #13Most directory enquiries services charge to find you a telephone number. However, if you dial 0800 100100 from a landline, you will get it for free – you just have to listen to a short ad before you get the number. |
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Money Savings Tip #12Travel insurance renewal is due so one would normally just renew for convenience but why do that if you are not going on holiday just yet? You are wasting cover which you are not going to use. Wait until you have a holiday booked before you renew your policy and always phone and say you have a better deal elsewhere and they will need to improve on their premium to keep you as another vlaued customer for a further year. |
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Money Savings Tip #11Check your bank account statement every week. Most people don't, but, trust me, banks make mistakes and over charge with alarming frequency. Just 10 minutes a week will ensure that you never lose your hard earned cash. It is easy to set up online statements with most banks & this way you won't get charged an admin. fee. |
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Money Savings Tip #9Grocery shopping online - this is not just convenient, it saves you money too. After choosing all your items, you can then confirm your order before you pay and it is at this point that you can make sure you are on budget for what you can afford that week. If you have over spent, simply deselect a few of those luxury items or choose a cheaper supermarket own brand option (for non food items I have found these to be just as good). By shopping this way, it gives you the chance before you proceed to 'checkout' to buy what you can afford. You cannot do this at a check out in a supermarket! |
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Money Savings Tip #8Times are tough but if you can, over pay on your mortgage. If you are used to the pain of your monthly mortgage but have seen payments fall dramatically in recent months, resist the temptation to fritter away the saving each month. Instead, continue the payment as it was say a year ago. You will be amazed how you start to chip away at your mortgage & could save yourself thousands of pounds in the long run. Let's face it, you will earn next to nothing in a savings account at the moment. |
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Money Savings Tip #1Always open your bank statements and bills. Sounds crazy, but lots of people don't. |
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