Chintan Karnani

Chintan Karnani Articles

The Ukraine situation it seems will worsen. The US president is using the usual threat of “trade sanctions or trade alienation” to both China and Russia. Russia wants talks on Ukraine.
China has cut their interest rate today. This was on expected lines. I do not see any significant impact on gold and silver and copper.
Demand outlook is very bullish for copper, nickel, and all base metals in 2022. Copper usage in DE carbonization and in electric vehicles result in higher demand.
Merry Christmas to Everyone. Young retail traders do not want to trade and invest in gold and silver. They prefer investments which give monthly returns of over ten percent. They have an equally high risk taking ability. Young traders or...
Federal Reserve Chairman U turn on inflation this year was politically motivated just to get a Re-nomination. Inflation and worries over price rise has resulted in Biden’s approval rating hitting lowest in his presidency. Inflation is the...
The only reason (in my view) as to why gold and silver are not rising is that traders are preferring to average it out in their crypto currency investment or meet margin calls in crypto currency investment. There is no other reason. Crypto...
Early indications on Omicron virus suggests that it is hitting the “double vaccinated” more. USA, UK and half the world population is “double vaccinated”. If omicron hits mainly the “double vaccinated” then there will be a global slowdown.
Federal Reserve chairman’s U turn on inflation and taper will only increase volatility. He said that taper will be faster than expected and that inflation is not transitory. Omicron virus and the unknown will still affect price moves in...
Why the gold price crashed yesterday: Re-nomination of current Federal Reserve chairman Powell for a second term implies policy continuity. Inability to trade over $1850. US dollar Index continues to rise. Crude oil trades with a softer...
I am asking myself have I lost a short term investment opportunity in gold and silver yesterday? FOMC meet did not have any surprises. Taper was done. Money supply by the Federal Reserve will still increase every month. Various asset...
China has only 2% of its Total Foreign Reserves in gold.

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