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Chintan Karnani

Chintan Karnani Articles

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...
Price of all gold, silver and copper hinges on US economic data releases (other than jobs) and various US September jobs numbers. A slightly better number has already been factored in by the traders. There will be massive short covering...
In the short term expectations of higher interest rates next year and reduced money supply next year has resulted in increase in bearish bets in gold.
Irrespective of whether “taper” is early or later, I will prefer to use the September crash (if any) in gold to invest for Diwali and Christmas. Normalization (maskless world) after the booster dose of the coronavirus vaccine will be the...
Overall gold, silver, and copper are trading in a range. Apart from the central bankers meeting at Jackson Hole, there is US Q2 GDP and Q2 real consumer spending. There will be very sharp two-way price moves in all metals and forex. Crude...
The last two weeks of the American summer vacation will be full of twist and turns. Twist in gold, silver, copper and crude oil have already been faced in the form of August crashes. Except for natural gas, every metal has sold off in...
Another Federal Reserve speaker speaks to manipulate gold price and bring it down. Boston Federal Reserve Bank President Eric Rosengren said yesterday that one more month of strong job gains could satisfy the U.S. central bank’s...

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