Sluggish Manufacturing ,BOP And Currency Correction
August 30, 2013 Leave a comment
Too Little Too Late
August 30, 2013 2 Comments
“Had we used the breathing time that this ( Fed’s QE Programme) gave us to address the structural factors and brought the CAD down to its sustainable level, we would have been able to withstand the ‘taper’. In the event, we did not. We, therefore, made ourselves vulnerable to sudden stop and exit of capital flows driven by global sentiment; the eventual cost of adjustment too went up sharply.”-Duvvuri Subbarao,RBI Governor in his farewell speech
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Where To Sell Your Gold?
August 30, 2013 1 Comment
Perhaps you wish to book profit now that the price of gold has risen again?Perhaps you need cash urgently in these hard times of tight liquidity.Or perhaps you just want new patterns for your wardrobe?Or perhaps you are preparing for a daughter’s wedding?Then the question is simply where to sell your old or scrap gold.
Obviously the answer is the person who will give you the most for your gold.
In Mumbai,a good place to go to is Jugraj Kantilal & Co.It is a well-known name in the bullion business in Zaveri Bazar. The private entity deals primarily in scrap. They buy old jewellery and then have it refined and then sell again it again in the market. This is a family owned business spanning seven generations. They handle some 100 kgs of scrap a week.
Here is the street address of the shop:155, Shop No 1, Bherumal House, Opposite L K Market, Sheikh Memon Street, Zaveri Bazar-Kalbadevi, Mumbai – 400002
Due to import restrictions on gold,and a need to export ornaments before importing gold,jewellers have now turned to scrap to provide raw materials,so now is a good time to sell gold if you need to.
Of Adults And Work
August 30, 2013 Leave a comment
Its interesting to see the self employed figures.How much of this is disguised unemployment?
Also the not in the work force figure of the EU is surprising.Is it due to high levels of unemployment or a large number of non-working dependents?
Anyways,you now know where you stand in relation to your peer group.
wealthymatters 