Presidential Elections: Support Dr.Meira Kumar

Bihar and Jharkhand governments have no choice but to support Dr.Meira Kumar. As defeat of "Bihar ki Beti" will invariably bring Shame to the Biharis and Jharkhandis (or erstwhile unified Bihar). Do you think that, people of Bihar will leave Nitish Kumar Scott - free, if Dr.Meira Kumar loses ? So, Nitish Kumar has very little option left but to support, Dr.Meira Kumar.

Moreover, if Nitish Kumar wants to fall in the BJP's well calculated electoral TRAP no one can save him in the next election.

Also, I am surprised to see Mr.Navin Pattanayak, so easily chewing the RSS bait. Orissa is a state, where there is large chunk of Tribal Christian voters loyal to the BJD (Biju Janata Dal). I am still to fathom, BJD's sudden electoral gamble of siding with the RSS and the BJP; when Mr.Pattanayak has been maintaining distance from them since some time.

Besides, the election of Dr.Meira Kumar, who is educated, experienced and very sober, might also correct some of the historical mistakes of not making her father, the Prime Minister of India.

Also, I don't think all the Muslim and Christian MPs and MLAs from the TDP and TRS will ever support a RSS backed Candidate, who acted against Dalit Christian and Muslin reservations. Therefore, invariably cross voting will take place, which might give the underdog, Ms.Kumar, a win. Support Dr.Meira Kumar, give a conscience vote and make her the 2nd Female President of India.

All the best to Dr.Meira Kumar.....👍✌

Sunday, September 29, 2013

Gold Prices Head Upwards on Fresh Buying
September 28, 2013: Gold prices have again risen on renewed buying interest, stirred up by US budget fears and the uncertainty surrounding the future pace of the Federal Reserve's monetary stimulus.

Spot gold rose 1.2% to $1,339 (£829.92, €990.60) an ounce on the final day of trading. Prices dropped 2.8% a week ago on concerns that the Fed could start tapering its $85bn bond-buying stimulus programme from October.

US gold futures for delivery in December hovered at $1,339 an ounce, Reuters data showed.

Time is running out for US politicians to decide how to continue funding the government which would shut down on 1 October if the Republicans and the Democrats fail to reach an agreement.

In September 2011, gold prices rocketed to an all-time high of $1,920 an ounce, partly because of the first US debt ceiling crisis, which was resolved at the very last minute.

The Week Ahead

Gold prices are forecast to rise next week, according to a survey.

As many as 11 out of 19 analysts polled by the Kitco News Gold Survey expect prices to go up next week.

The ongoing US budget drama, the prospect of downbeat nonfarm payrolls data and the confusion surrounding the outlook of the Fed's stimulus programme could push up gold prices, said Sean Lusk, director, commercial hedging division, at Walsh Trading.

Markets in China will be closed next week for the National Day Golden Week holidays. This will prevent prospective gold buyers in the world's second-largest gold market from making purchases.

India, the world's top gold importer, resumed gold buying after a two-month pause after the government and banks arrived at a consensus on how new import rules should work.

Haresh Soni, chairman of the All India Gems and Jewellery Trade Federation, told Reuters he expects "consignments  [stuck] at [Indian] airports to get cleared by early next week".