Wednesday, 11 December 2013

The coming shortage in physical Gold / Premiums on Paper vs Physical Gold surges to about 24% in India

Hello Friends,
Repeating the previous concerns. I cannot say this loud enough - (proof is in the pudding) check the ground realities & decide for yourself.
Physical Gold & Silver hold more value than paper & there is evidence of the shortages of actual physical delivery in Precious metals and we must not ignore the ground realities.

Here's the Delivery price for Physical Gold in the Delhi Gold Bullion market today dec-11 (Delhi Sarafa Bazar) = Rs 30,755 per 10 grams of Gold = approx  USD $1560 (per troy ounce)
FYI - 1 Troy ounce = 31.10 grams , & today's exchange rate : $1 USD  = Rs 61.30

Now compare that to :
COMEX New York Spot Price of Gold today = $1257 per troy ounce
There is a premium of around $300 per troy ounce between Paper Gold at New York & between what is actually being physically bought & sold in one of the biggest Gold markets in the World - Indian Gold Bullion markets of Delhi & Mumbai.

Now we all know there has been a premium on the Price of Gold - between what is quoted in the Paper Markets in New York & what is available for physical delivery in India.
However this gap has greatly widened & even though there is a price differential of about 24 - 30% between New York & New Delhi, still there is sufficient demand to soak up the excess supply.

Indian Gold Bullion prices physical delivery = + 10% Gov't Import duty + 14% Premium for physical delivery (above the spot price) = $1560 per troy ounce

Yet people are lining up to buy physical Gold that they can hold in their hands, as they expect a future supply shortage.

If there was no shortage in the supply of physical Gold - then premiums would not go up this high.

However the time is coming - when people will loose faith in the paper markets. As we all know they are being manipulated.
Take a look on the other side of the Ocean & have a look at the actual physical demand vs shortage in physical supply of Bullion.


various sources :
http://jessescrossroadscafe.blogspot.ca/2013/12/india-gold-price-premium-still-rising.html
http://zeenews.india.com/business/bullion/bullion-news/gold-price-today-latest-updates_90375.html
http://www.kitco.com/

Traders & speculators may continue to sell truck loads of paper gold in the market to depress the prices.
However the disconnect between the physical Bullion & paper markets will continue to widen, until there is no more physical bullion left to be sold at these low prices.
Wake up & smell the coffee.
Hold onto your physical metal & wait till the prices spike before you decide to sell any.


Best Regards,

Read My Blog - Simplifying the Jargon in Plain English - Economic, Political & Astrological perspectives at : Rahul's Café Canadian
--
 Rahul Vashisht
Quote : Turn your face towards the sun and the shadows fall behind you.

Sunday, 8 December 2013

My Star-Gazing: Scientific Vedic Astrological Forecast Dec/2013

Hi Friends,
I will be resuming my monthly Astrological Forecasts & may not post the full version on the groups forum as it may not be relevant to the forum at large - However the full monthly forecasts will become available monthly on my Blog.


December-2013 - some significant events :

1. Venus Transits Capricorn(10) 5-Dec to 6-Jan-2014.

Venus moves into Capricorn(10) into friendly territory the home of its disciple - Shani (Saturn). In the Meantime Saturn is transiting Libra(7), the home of Venus. Both are friends & now in exchange of signs, giving each planet further strength & support during this time period. Venus begins retrograde (moving backwards) period starting Dec-21. It begins to move in line with the Sun in the zodiac as an "evening star" & eventually disappearing from sight & finally emerging a few weeks later in January on jan-11-2014 as the "morning star" & remaining as a morning star until 25-oct-2014.
Also as per Vedic Astrology of no less significance is the following :
Venus is on a journey of transformation from Evening Star to Morning Star during which time it appears to make a descent into the underworld, setting in the West as the Evening Star and then rising again in the East as the Morning Star. Remember that the transformation of Venus from Evening Star to Morning Star is one from the god of love to the god of war.

Therefore the 3 last weeks in December may be peaceful & overall harmony as Venus now being the brightest star in sky is also receiving support from its main disciple Shani (Saturn) & is showing its benevolence to one & all, until its transformation in January/2014.


Venus "the Evening Star"


2. Sun Transits Sagittarius 15-Dec to  13-Jan-2014.
The Sun is in friendly territory & also very confident amongst a gathering of planets.
The Sun in Sagittarius will have Venus in Capricorn on one side and Mercury in Scorpio on the other. Having two benefic planets flanking on either side is supportive to the Sun; with those two supporting planets being Mercury and Venus, we may feel especially confident in our communication and creative self-expression.
Children who are born during this time period will have the - Obhayachari Yoga (a form of Raj Yoga) - Eloquent speaker, well formed limbs, wealthy, famous, well-liked, delighted, confident as the Sun.

Overall - the last 3 weeks in December may be the best time of the year in terms of Peace & Harmony.


Best Regards,

Read My Blog : Rahul's Café Canadian

--
 Rahul Vashisht
Quote : Turn your face towards the sun and the shadows fall behind you.
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Friday, 1 November 2013

Dhanteras - Nov/1

Hello Friends,
To those that celebrate Dhan-teras
The word Dhan means wealth and Teras means 13th day as per Hindu calendar. It is celebrated on the thirteenth lunar day of Krishna paksha (dark fortnight) in the Hindu calendar month of Ashwin.

It is a Prayer to Goddess Lakshmi to provide prosperity and well being.
Dhanteras holds special significance for the business community due to the customary purchases of precious metals on this day.

Though wealth is considered one of the evils of modern society.
However as the saying goes - "Money is a barrier against all possible evils."
Those that are ignorant & do not understand the meaning & importance of wealth in day to day life - eventually pay the price.
It is no laughing matter.
We need to inculcate this understanding to our kids also.
Preservation & safe guard of family wealth & ancestral wealth (property) is also important.

FYI - 1 Troy ounce = 31.1034768 grams

Best Regards,

Read My Blog : Rahul's Café Canadian

--
Rahul Vashisht
Quote : Turn your face towards the sun and the shadows fall behind you.

Tuesday, 29 October 2013

My Star-Gazing: Scientific Vedic Astrological Forecast Nov/2013

Hi Friends,
I will be resuming my monthly Astrological Forecasts & may not post the full version on the groups forum as it may not be relevant to the forum at large - However the full monthly forecasts will become available monthly on my Blog.


Wow - what an amazing alignment of stars - These are rare events / once in a lifetime & the changes they bring about - leave their mark in history.

November-2013 - some significant events :

Saturn Exalted in Libra (7) at 20 degrees on Nov/4 

Saturn reaches its exaltation in Libra on Nov/4 & completes its circle around the Zodiac in about 28-30 years. This is a significant event in itself.
So you may not be around to witness the event - when this happens the next time after 30 years.
Now here is what brings even more significance & mystery to this event.

1. Total Solar Eclipse on Nov/3. 



As per Astrology - the Moon looses its power & luster to the Sun during a solar eclipse, however the power of the Sun is also greatly diminished during this time as well.

2. Sun transits Libra - Oct/17 to Nov/15 - is debilitated.
The Sun is most debilitated 10 degrees in Libra & at the time of the Solar Eclipse - The Sun is 17 degrees Libra on Nov/3 & highly debilitated & weak.

3. Conjunction of Saturn, Rahu, Mercury, The Sun & the Moon - Nov/3
The Sun and Moon will be conjunct at 17° Libra during the Solar eclipse, retrograde Mercury will be with Rahu exactly conjunct at 13° Libra and Saturn will be approaching its exact degree of exaltation at 19° Libra. These five planetary bodies are all placed within 7 degrees of one another, making this a rather dramatic eclipse.
The Sun & the Moon are very weak at this point and are at the mercy of a Powerful Exalted Saturn & a powerful Rahu.
These are rare events and influence world events. Expect the unexpected.

Once the Sun moves into Scorpio - Nov/16, things will change for the better. Until then, brace for rough weather ahead & tighten those seat belts.

Best Regards,


--
 Rahul Vashisht
Quote : Turn your face towards the sun and the shadows fall behind you.
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Manitoba Economy Booming /changes to- Manitoba Provincial Immigrant Nominee Program // 1,000's jobs posted in MB today..

Hello Friends,
Here below is news about the Booming Economy in Manitoba.
New immigrants who have no roots yet in Canada are free to settle where ever there is maximum opportunity with respect to - jobs, future growth prospects and good quality of life, less urban crowding.
To those people - I will suggest that the prairie provinces offer the maximum opportunity in terms of sustained growth in the coming years.
Farming in the Prairie Provinces is a major contributor to the local economy & eventhough many of our Indo-Candian Professionals are reluctant farmers & may not even know the difference between a Harrow & a Plough. However farming is a very viable occupation and very profitable business enterprise & recession proof. With growing populations all around the world, food shortages & scarcity & rising prices - farming is an ever-green industry in Canada over the next 100 years.
Manitoba offers - low cost of living, the the local economy is strong - providing ample opportunity for new immigrants to find jobs.
Cost of Housing is also almost half the prices compared to the big cities of Ontario.
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A note for all new immigrants & potential immigrants -
Now with the new federal immigration rules - it is next to impossible to bring your Parents & siblings (brothers, sisters, cousins) in Canada for Permanent residence - due to the new federal guidelines - that route is still open to you through the Manitoba Provincial Nominee Program, if you are a resident of that province for 1year or more - you can still sponsor your siblings & Parents.


Manitoba Supporters - Friends, distant & “close” relatives
url : http://www.immigratemanitoba.com/hire-new-manitobans/mpnp-skill-selector/language-self-assessment/

A Manitoba Supporter is a Canadian citizen or permanent resident who is economically established and has been living in Manitoba continuously for at least one year, who has ties to Manitoba stronger than to another province, and who is not currently supporting the settlement of another MPNP applicant or nominee or person in another Canadian immigration program.

All supporters must provide proof of residence. “Close” relatives must also prove their familial relationship to the applicant.
To be considered a close relatives your relationship to the applicant (or spouse) must be one of the following:
sister or brother
aunt or uncle
niece or nephew
mother or father
grandmother or grandfather
first cousin (That is, a child of your aunt or uncle.)

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Manitoba Provincial Nominee Program
http://www.immigratemanitoba.com/hire-new-manitobans/mpnp-skill-selector/language-self-assessment/

Immigrate to Manitoba as a provincial nominee

http://www.immigratemanitoba.com/how-to-immigrate/
http://www.immigratemanitoba.com/

Invest in Manitoba - Business Immigration :
http://www.gov.mb.ca/ctt/invest/pnp-b/

Open for Business and Farming Through Immigration
Business Immigration and Investment Branch
Manitoba Immigration and Multiculturalism
6th Floor (Room 600) – 259 Portage Avenue, Winnipeg, Manitoba, Canada R3B 2A9
Tel: (Canada 001) 204-945-1872  // Fax: (Canada 001) 204-948-2179
E-mail: pnp-b@gov.mb.ca
Web site: www.manitoba.ca/businessimmigration/

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Please note new changes to the
Manitoba Provincial Nominee Program, as of 2013 -
http://pitblawg.com/new-manitoba-provincial-nominee-program-rules-take-effect-on-april-1-2013/

Points will be awarded as follows:
First Official Language Points
CLB 8 or higher, or “native speaker”  20
CLB 7 18
CLB 6 16
CLB 5 14
CLB 4 12
CLB 3 or lower   0


Second Official Language Points
CLB 5 or higher 5


Age Points
18 4
19 6
20 8
21 to 45 10
46 8
47 6
48 4
49 2
50 or older 0


Full-Time Work Experience  Points
Less than One Year    0
1 year 8
2 years 10
3 years 12
4 years or more 15


Completed Education    Points
Secondary School or Less 0
Trade Certification 14
One year post-secondary program  14
Two year or longer post-secondary program  20
Two programs of at least two years 23
Master’s or Doctorate   25


Adaptability   Points
Close Relative in Manitoba 20
Invitation to apply under Strategic Initiative 20
Previous work experience in Manitoba  12
Completed post-secondary (2+ years) in Manitoba   12
Completed post-secondary (1 year) in Manitoba 10
Friend living in Manitoba who supports you   10
Regional Immigration 5

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Winnipeg's economy ranked 3rd in National Survey
- Sun Winnipeg
url : http://www.winnipegsun.com/2011/07/18/winnipegs-economy-ranked-3rd

Winnipeg has been ranked in third place in a national survey of 25 city economies, and the local area’s leaders cite employment and housing among the key reasons.
Manitoba’s capital is behind only Toronto and Kitchener, Ont. on the latest CIBC Metropolitan Economic Activity Index, and is just ahead of Regina and Montreal on the scale based on factors including population and employment growth, personal and business bankruptcies as well as real estate activity and building permits.


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Manitoba population booming - winnipeg free press
url : http://tinyurl.com/29zxtng

Manitoba is booming.
Statistics Canada released annual demographic estimates for the provinces today, reporting Manitoba had its highest growth in nearly 30 years.
The population as of July 1, 2010 was 1,235,400 — 15,900 more people than the preceding year and a growth rate of 1.3 per cent, according to Stats Can. That's the highest growth rate for the province since 1982-83.
Net international migration (1,200) in 2009/2010 was the highest observed in Manitoba since 1971.
The province received close to 14,100 immigrants in 2009/2010, the fourth year in a row the province recorded more than 10,000 immigrants. That's credited mainly to Manitoba's use of the Provincial Nominee Program, an economic program that allows provinces to select immigrants with the training, work experience and language skills that can be put to use here.

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Manitoba population booming - Brandon Sun
url : http://tinyurl.com/2fmfq2f

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Provincial Nominee Program for Business -  Immigrate to Manitoba, Canada
url : http://www.gov.mb.ca/ctt/invest/pnp-b/index.html

Provincial Nominee Program for Young Farmers (PNP-YF)
url : http://www.gov.mb.ca/ctt/invest/pnp-b/myfp/yf_criteria.html
The Province of Manitoba and Government of Canada share responsibilities for assisting farm business people to immigrate to Manitoba through the Provincial Nominee Program for Young Farmers (PNP-YF).
The Young Farmer Nominee Program allows Manitoba to recruit and nominate qualified farm business people and farm owners from around the world who have the intent and ability to move to Manitoba and establish or purchase a farm or become partners in an existing farm business.

Family Support
If you have a close relative in Manitoba you may apply to the MPNP under the Family Support priority assessment stream.
url : http://www2.immigratemanitoba.com/browse/howtoimmigrate/pnpresources/pnp-manitoba-supporters.html

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Images of Manitoba





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SPECTRUM JOB SEARCH CENTRE
MANITOBA JOB SITES
url : http://www.spectrumjobsearch.com/manitoba.htm

MANITOBA JOB SITES
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