The Wealth Creator

FOREX : DOLLAR BACK IN DEMAND, RUPEE BAVK UNDER PRESSURE, POUND DOWNGRADE PRESSURE.. WHAT'S NEXT ?? The dollar is back in demand Monday as hopes of an early end to the shutdown which has paralysed the U.S. economy were dashed over the weekend, prompting some traders to head back to the greenback safe haven. At 3:55 AM ET (0815 GMT), the U.S. Dollar Index , which tracks the greenback against a basket of six other currencies, stood at 98.965, up 0.4%. EUR/USD traded at 1.1078, down 0.6%, USD/JPY flat at 107.86. On Sunday, President Donald Trump extended restrictive social distancing guidelines to the end of April, bowing to public-health experts who presented him with even more dire projections for the expanding coronavirus pandemic. It was a stark shift in tone by the president, who only days ago discussed reopening the country in a few weeks. USD/INR still is a bit stronger with more FII's Selling in Indian market and taking their money out which is making Rupee f

SURGING U.S.DOLLAR, IS IT ANOTHER BIG HEADACHE FOR THE EMERGING ECONOMIES LIKE INDIA ?? Author- Vivek Shukla Chief Portfolio Manager- Wealth Guru Financials Twitter- @vivekshukla4444 Instagram- @wealth_guru_ WhatsApp- 9198544444 King Dollar is creating a new headache for virus-battered economies globally, with emerging markets especially vulnerable as they try to cope with collapsing currencies and plunging demand. Investors are fleeing emerging markets in record numbers and piling into the safe-haven greenback, with two emergency interest-rate cuts this month by the Federal Reserve doing nothing to diminish the dollar’s appeal. With the dollar more integrated into the world economy than ever before, its gains are an added stress for businesses and governments as they brace for soaring costs on their dollar debt. The dilemma for emerging market central banks is that as they slash interest rates to support growth, they risk destabilizing their currencies as well if they cut

Precious Metals Stay On Ground As Trump Fires Stimulus Rocket !! Author- Vivek Shukla Chief Portfolio Manager- Wealth Guru Financials Twitter- @vivekshukla4444 Instagram- @wealth_guru_ WhatsApp- 9198544444 We live in the strangest of times where a 24 hour period can feel like 24 days.  Just yesterday, I wrote that I wasn’t sure if Donald Trump’s acknowledgement of a potential recession from the coronavirus would help gold as a safe haven, since two U.S.  rate cuts  within two weeks haven’t done anything for the yellow metal.   But the events of the past 24 hours make me wonder if I have to recant that view. That’s because on Tuesday, the President of the United States fired a flurry of economic stimulus rockets at the pandemic. The biggest of these carried a $1 trillion capital-infusing warhead, designed to take out the economic decapitating forces of the scourge before it claims more American businesses and jobs. Brief Pop, Before Return To Red Responding to Trump’s stimulus, precious

Should You Buy Gold And Silver Amidst Panic Triggered Global Meltdown? In My Opinion "YES" 2020-03-19  Author- Vivek Shukla Chief Portfolio Manager- Wealth Guru Financials Twitter- @vivekshukla4444 Instagram- @wealth_guru_ WhatsApp- 9198544444 If anyone has the right to say “I told you so,” it’s Bill Gates. Two years ago, the co-founder, former CEO and now a former board member of Microsoft (NASDAQ:   MSFT  ) urged governments to step up their preparedness in the event of a modern global pandemic. Such an event, Gates warned, could conceivably be more dangerous than any other threat facing humanity today, including nuclear proliferation, due mainly to the fact that we’ve become so interconnected. Because new vaccines take time to develop and deploy, the U.S., in particular, needed to invest in “antiviral drugs and antibody therapies that can be stockpiled or rapidly manufactured to stop the spread of pandemic diseases or treat people who have been exposed,” Gates

CORONA VIRUS THREAT IN STOCK MARKET, Is it Real or Hyped ?? Author- Vivek Shukla Chief Portfolio Manager- Wealth Guru Financials Twitter- @vivekshukla4444 Instagram- @wealth_guru_ WhatsApp- 9198544444 Are we unnecessary panicking ? While , We should plan for the worst but must hope for the best. Take precautions but don’t panic. Don’t listen to negative talks, don’t read negative messages and don’t forward dooms day messages. Most of these be insignificant or even false.   Look at the History of stock markets Lower Circuits:   1-17 May 2004  2-21st May 2006  3-21st Jan 2008  4-27th Oct 2008  5-13th March 2020  Remember, in life as well as stock markets, Downs are temporary but Ups are permanent. Sensex was 100 in 1979, 1000 in 1990, 10000 in 2006, 35000 today and mostly 100000 before 2026 or 2027. These are the hard facts. Coming back to Covid19 , though tragically killed many worldwide, it has however altered global scenario. The time to change one's life style - slow

Gold (XAUUSD) Price Is Approaching Support Level of $1,478, a Potential Reversal Zone   Author- Vivek Shukla Chief Portfolio Manager- Wealth Guru Financials Twitter- @vivekshukla4444 Instagram- @wealth_guru_ WhatsApp- 9198544444 Gold Weekly Price Analysis – March 14 In case the Bulls maintain or increase their momentum the support level of $1,478 may be penetrated and the price will be aiming the low of $1,435. Should the support level of $1,478 holds, the price may reverse and face the north. XAUUSD Market Key levels: Resistance levels: $1,550, $1,591, $1,643 Support levels: $1,478, $1,435, $1,389  Has to be related to MCX Gold Prices  XAUUSD Long-term Trend: Bearish Gold  is bearish on the long-term outlook. The Bulls dominated the Gold market for more than three weeks. The bullish momentum pushed up the price to the high of $1,690 on 09 March. The bullish momentum was exhausted and the barrier at the resistance level of $1,690 held the price. An evening star candle pattern emerged a

How to Select Stocks and Survive this Stock Market Crisis Author- Vivek Shukla Chief Portfolio Manager- Wealth Guru Financials Twitter- @vivekshukla4444 Instagram- @wealth_guru_ WhatsApp- 9198544444 1. Pull out your watchlist already created using this  stock selection framework … 2. Recheck those businesses that passed the above framework on the  Quality-Growth matrix … 3. Remember the secret of winning at investing over the long run and at the right spot… 4. Work honestly with the process and leave the outcome to take care of itself… 5. Act (invest) with the money you don’t need in the next 5+ years, despite the fear all around… 6. Remember, It's Just A Bad Phase, this too shall pass away very soon… Morgan Housel wrote in his  post  recently… It looks bad today. It might look bad tomorrow. But hang in there. We’ll get through this. Be Alert, Be Safe..

Many things are driving gold higher in 2020. Silver is supposed to be correlated to gold, so it should be rising by close to the same amount. Yet, there has been a disparity in the metals market, and the famous “gold-silver ratio” is now at the widest level in years. On the heels of the surprise U.S. Federal Reserve interest rates cuts, more central banks around the globe are expected to add further economic stimulus to counteract some of the negative effects of the coronavirus outbreak. Author- Vivek Shukla Chief Portfolio Manager- Wealth Guru Financials Twitter- @vivekshukla4444 Instagram- @wealth_guru_ WhatsApp- 9198544444 At current prices of $1,640 per ounce of gold and $17.07 per ounce of silver, the current gold-silver ratio is roughly 96. In short, it takes 96 ounces of silver to equal the same value as gold. The disparity of gold and silver began to widen out in the last week of February. Several things are driving gold. One is the COVID-19 uncertainty. Another is that intere