Sanjeev Sharma

Gold May Hit $1,100 in 2010 - Canaccord

Great comment, Fighting Yoda

Interview with Peter Schiff: Reflating the Bubble

Everything Peter said would have looked correct provided:

- The dollar had not gone up in the last one year compared to other currencies.

- Gold had not started faltering from its peak in the last six months.

- US had faced inflation instead of deflation in the last one year.

Why Gold Is Overpriced

Housing data jump of Feb was not a routine one, but a very unusual and unexpected one:

For those who decided to comment but have either not read the news or forgotten it:

www.livemint.com/2009/...

online.wsj.com/article...

Why Gold Is Overpriced

BTW, if somebody who has done more "research" has a financial model explaining the price movement of gold from $40 in 1970 to $850 in 1980 to $290 in 2001 to the current prices, I would be grateful to have a glimpse of it.

Why Gold Is Overpriced

Since most people have made rude comments while not been able to refute my main argument or deny that data about India’s imports, they do not deserve any response. I think the editors need to monitor the quality of comments, such nasty comments would dissuade many people from writing in seekingalpha.

Thank you Alex Filonov and Mad Hedge fund trader for providing additional data supporting my article, in a sea of emotional commentators.

Here are some of my responses:
- If Dollar has no more value left, then why are we witnessing deflation, instead of inflation ?

- If all nations are devaluing their currency, and not just the US, why should dollar alone become toast ? In fact, dollar has gone up in the last 1 year against all other currencies.

Check out the prices in an year's time..

Besides my article about housing market in Jan this year, I wrote in Aug 2008 that dollar would go up (seekingalpha.com/artic...), it has done so against most currencies since then.

Also, had written in July 2008 (seekingalpha.com/artic...), that the proposed fed policy at that time of reducing principle for home owners would not work in lifting homeprices.

This Is Just the Beginning

Unfortunately, the writer has trashed the government policy without proposing any alternative solution.

U.S. Debt Default, Dollar Collapse Altogether Likely

MMuoio's reply was to the point and great. These agreements can be canceled by the US govt.


I had written in Aug last year that Dollar will be going up, due to deflation in the US:

seekingalpha.com/artic...

I still stand by that article.

A lot of reasons including military power as well as the economic power of the US still make it the most sought after destination for all immigrants/businesses around the world.

China and India combined are less than 25% of US economy.