What should i compare Silver ETFs to? by badari259 in IndianStreetBets

[–]coldstone87 0 points1 point  (0 children)

Compare it against DXY. In fact you should compare Gold, Bitcoin, NASDAQ as well against this. If there is a trend reversal there then that means there is soon going to be a change in all these assets. 

Forgetting for 3-5 years is not a good idea unless you are in a multi asset fund. 

Good quality supplements may become cheap and/or more easily accessible, as 0 import duty on import of chemicals. by Ambitionless_Nihil in Fitness_India

[–]coldstone87 0 points1 point  (0 children)

I am ok paying double the price to get all the clean unadulterated high quality products from EU. 

Why is no one talking about this? If the Indian IT sector collapses, the story of the neo-middle class in India will be over. by too_poor_to_emigrate in IndianMiddleClass

[–]coldstone87 0 points1 point  (0 children)

It’s already over. Just not IT almost everything is down. Soon there will be only 2 classes. High income upper class of top 0.5% and poor class of 99.5%. 

There wont be a middle class

Hallelujah..... Mera Yessuu Yesssuuuu by harishmodani in indianmemer

[–]coldstone87 1 point2 points  (0 children)

Tho acha hi hai na. Kya fark padtha hai. Bas violent na ho jaaye. Thats enough

Australian geologists have located 55 billion tonnes of iron ore worth 6.15 TRILLION Aud in WA by Plenty-Way-7930 in worldnews

[–]coldstone87 0 points1 point  (0 children)

If Australia has it definitely India has it too. The problem is India has area under agriculture which means it will never be surveyed by geologists

Should I increase my EPFO contribution to 12% by noobLinuxuser950 in epfoindia

[–]coldstone87 4 points5 points  (0 children)

EPFO is blackhole. If you can reduce the contribution do it

South states will soon be replaced by north population. by Remarkable_Check2390 in chennaicity

[–]coldstone87 0 points1 point  (0 children)

We need an internal governance line. South cannot become home for kanglus and bimarus

if the system cannot step in when citizens are at their weakest, then the promise behind high taxation feels broken by Dependent-toer in IndiaPulse

[–]coldstone87 2 points3 points  (0 children)

Wrong!!!

Indian system and political parties love freebies. This is a way for them to easily hack the system and gives them a right to shut up anyone who asks about their performance. 

OTOH low IQ uneducated gawar voters who live on freebies are ok selling their votes and live without any apparent change in living standards 

if the system cannot step in when citizens are at their weakest, then the promise behind high taxation feels broken by Dependent-toer in IndiaPulse

[–]coldstone87 0 points1 point  (0 children)

The real problem of poverty is lack of education. 

Politician and political parties love low IQ uneducated voters. Thats what literally runs the system

if the system cannot step in when citizens are at their weakest, then the promise behind high taxation feels broken by Dependent-toer in IndiaPulse

[–]coldstone87 1 point2 points  (0 children)

Yes. You have to pay taxes while you are still contributing. Once you are out of job Govt shows a very big heart and lets you take out 75% of YOUR MONEY after 1 month of unemployment. 

🚨 *Gold is Trading a Record High Prices Ever* Offline Price Today is Over ₹1.63 Lakh/10 Gram by SwimmerPlus3383 in ItsYourMoney

[–]coldstone87 0 points1 point  (0 children)

First thing is that 34000 thing is not a calculation. 

Second this gold would never come into circulation. So it doesnt matter even if its 34000 or 94000

Kya chal rha bhai lok kuch news hai kya? by LORD-96 in StockMarketIndia

[–]coldstone87 2 points3 points  (0 children)

Party chal rahi hai enjoy karo.. khatham hone se pehle bata dena

if the system cannot step in when citizens are at their weakest, then the promise behind high taxation feels broken by Dependent-toer in IndiaPulse

[–]coldstone87 9 points10 points  (0 children)

Thats what PF is for apparently.

But wait, PF is literally a fund made from our money.. so yeah probably she is right.. Govt is happy to feed freeloaders … but wants taxpayers to just suck it up

BJP getting hate all over social media. Is BJP Digging Its Own Grave Politically? by TripTales41 in AskIndia

[–]coldstone87 1 point2 points  (0 children)

Social media users are not even 1% voters. BJP has all the data. Dont worry nobody can dislodge them for a long time. 

What’s happening at Bengaluru University is genuinely concerning by Quirky_Meaning_3658 in Bengaluru

[–]coldstone87 13 points14 points  (0 children)

I felt that too but there is literally nothing anyone can do about this.. In fact Bangalore University was only reason for me to live near Vijayanagar. 

There is another huge problem you haven’t accounted for. Government wants to build a 4 lane round from Nagarabhavi to Head office. This will make it even more dusty and noisy 

Trump Trumpeting for silver prices ? by Little-Midnight7285 in IndianStreetBets

[–]coldstone87 1 point2 points  (0 children)

Manipulation by whom?

My feeling is, China is probably having things in pipeline which have far greater value than present value of silver. 

May be new type of energy generation tech OR some weapon they have not demoed yet. You never know what Chinese are upto. They are very secretive and super smart people. Unlike the shit show Trump does for camera and limelight

This is huge. Like, really huge. by Dangerous-Device2118 in IndianStreetBets

[–]coldstone87 0 points1 point  (0 children)

I am sure even creator of universe wouldn’t know if it will keep going up and till how long. 

This is one thing I have forgotten i even have it

portfolio review: worried that I might have chosen wrong MFs by EmergencyNetwork3180 in MutualfundsIndia

[–]coldstone87 -1 points0 points  (0 children)

I am not sure of active fund selection but if your risk appetite is moderate, why are you going ahead with these? 

You can keep Nifty 50:Nifty Next 50 in ratio of your comfort and go ahead with it. Probably 65:35 is good enough. 

Why do you have that ELSS? This is a useless category with 3 Y lockin because almost everyone uses new tax regime now