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Aboutme.SubinFinance Aboutme.Finance Gold is very optimistic this week and a strong rally took it above US$ 1140/Troy Ounce due to pessimism in the United States market.  The gain is above 5% and market has hit a six-week long run. This rally seems to be quite close that Gold will be reaching the US$1200/Troy ounce and will be stabilizing there. Then in September, Federal Reserve will be increasing the interest rate to about 0.25% and will change the course of Gold and other metals. So please take the profit and don’t stay there. One day it will destroy your valuable investment. Housing sector is improving, Wages are increasing, Inflation is slightly down and demand too is moving ahead gives more chances of United States increasing the interest rate. Apart from that, world economy is moving to decrease the interest rate and United States stands firm to increase it. This will help United States as people are interested to invest in this country and this investment is

Jobless Claims High In United States The claims for new jobs are creeping up in United States last week and solid market momentum is taking place in labor market as Federal Reserve is on the path of increasing the interest rate. Unemployment forms submitted increased to about 4000 which is adjusted to 277,000 for the week ending August 15 th , said the Labor Department (USA). Revised data shows that 1000 fewer application were received and last week it’s claiming to see a lesser claims about 272,000. Due to this United States Dollar dipped against the basket of currencies. Gold remain bullish till September, but don’t remain investing and pull-out when you gain profit. Stock Index futures of United States dipped after the release of data. Federal Reserve is getting very good signal from the labor market, but can improve faster, but inflation is low and global economy is weak for increasing interest rate. This labor data shown for the last week shows that labor c

Aboutme.SubinFinance – Now Buy a House in United States, Will Gain Profit United States commerce department confirmed that there was demand of houses increased to about 1.206 million and the target estimated was 1.190 million. This is considered to be highest since October 2007. This will surely support the call for interest rate hike by the Federal Reserve.   The report has confirmed that the number of permits issued for constructing building has come down to 16.3% last month.  But the expectation is that it will be tumbling by about 8%. This makes the United Stocks to fall and United States Dollar made the hue-cry against all the six currencies of the basket. Dow Jones rendered a loss of about 0.35%. S & P future too lost 0.30% and NASDAQ dipped more than 30% respectively. Gold, Silver, Crude and Copper has fallen due to this appreciation. Gold Gold hit the low today and hitting more low due to immense pressure of United States Dollar to increase.  Gold declined a

Aboutme.SubinFinance Aboutme.Finance Get Google Apps & Make Money With Me[referral link]: https://goo.gl/2Mdc3E GOLD The prices of Gold gained as investors started buying due to market volatility on growth prospects of the region. Japan’s second quarter fell 0.4%, less than the target of expectation about 5%. Gold has rose 0.22% to US$ 1115.20 in New York Merchantile Exchange.  Silver, too has gained about 0.11% to US$ 15.230/troy ounce. In the metal section, September Copper delivery has fallen to 0.80% to $ 2.324 a pound. This is due to concern that expectation of oversupply and slowing demand due to Chinese market slackness. China is only country who has an annual demand of about 40% of copper in the world market.   Friday, Gold got the beating because USA economic reports shows producer prices were higher for the third straight month in July and factory output increased at the faster rate in the last eight months. United states consumer sentiment d

Google Apps For Work/Business Enhancement link: https://goo.gl/2Mdc3E Redemption Coupon For Google Apps [India Only]:   CMJ9QPUANVN6YF 3VMYVE6LMW4L3G  Aboutme.SubinFinance Aboutme.Finance "ECONOMIC REFORM WILL Fail GREECE" SAYS YANIS VAROUFAKIS “The huge bailout provided by creditors is going to fail” commented Former Greek Finance Minister Yanis Varoufakis to BBC News. This economic reform will take Greece to such a disastrous level; the country will have to suffer enough pain in history of the country. The German parliament has given a green signal to negotiations and the bailout package is considered to be Euro 86 Billion in exchange of austerity measures.  The Former Finance Minister has already resigned and Prime Minister Alexis Tsipras even believed in this bailout scheme. But Greece doesn’t have enough options left in the later hour. He also schuffled the cabinet who voted against him, took Ministers who have good view of the upcoming macroec

Google Apps For Work/Business Enhancement link: https://goo.gl/2Mdc3E Redemption Coupon For Google Apps [India Only]:   CMJ9QPUANVN6YF 3VMYVE6LMW4L3G  UNITED STATES WILL INCREASE INTEREST RATE THIS YEAR Gold Lost Its Shine as USA Dollar Will Appreciate :- Gold Lost Its Shine As USA Dollar Will Appreciate Gold gave up initial gain after Federal Reserve Chair Janet Yellen said that they’re going to increase the interest rate this current year. The only point she said is though they’re planning to increase the interest rate but the only concern is the labor market which seems very weak. But they anticipate at least one rate hike will be there. Fed Reserve is having 4 remaining meetings in 2015.  Spot Gold was up 0/1%, and now it has reached a low at $1,146.75. United States delivery of Gold reached a low of $1,159 an Ounce. When this news came, United States Dollar started appreciating against all baskets of currencies. Due to Greece Crisis, Gold start