Sir,
Please check ,Your all latest messages are deleted.I have read thoguse messages yesterday when you posted .But now they are not appearing..

rgd
shiva...

For Guest.
That was not realistic. That day Brokers like Goldman Sachs dumped shares in last 3to 5 minutes of trade just to scare the public and senators. Kalidasji has reported this. Whole day it was around 500points down suddnly at the end 200 more points down, when buyers are more or less out. That is the reason next day there was huge rallay..

rgds
shiva...

Sir,
Please don`t respond to any of the false allegation. Let them read your old messages in sequnce ,completely and understand the facts. I hope you dont` loose your energy and waste your time for such things.
We are all waiting for your book

rgds
shiva
...

Sir ,

Looks like even market is becoming more realistic and behaving like having commonsense which is lacked in US politicians. Today’s declines appeared to reflect the realization that the plan would not be a medicine for the US`s broad economic and banking woes. Only financial stocks gained, nothing else in US market. Those stocks may continue to do so for few more days.
Job reports in US shows lot of layoffs which only is expected to grow in coming month. US is in recession which actually might have started few months back.(Greenspan may even now say that 70% chances of recession:-). Couple of months back it was 50%:-)).
Few months back you had said "Forget inflation we might be in depression. All commodities prices will go down so is gold".
Now my question is depression a prolonged recession? What are the indicators for depression and for the recession. Because prices of everything and any thing fall down in both cases. Except for the secrecy in your forthcoming book all indicators are for he Gold prices to go down. Whole world except few countries like India are in deep financial crises where money has evaporated . Assuming that prices of Gold going down to what minimum it can go?? 400$ PerOunce??

Rgds
Shiva
...

635,585 are all prices Kalidasaji was refereing to Quantum Gold ETF traded in NSE. Its one unit is half gram value. So Double it it will give you the 1 gram value
Shiva...

Sir ,
Actually I had written a statement "Like Geroge Soros( you had given more or less same comments on him some time back) Buffet has lost the agility of investment off late" I deleted before posting it .But You answered it.
I agree totally to what you say. Warren has become more patriotic now . He loves US and he hates bluest of the blue companies going burst in front of his eyes. He is doing his best to save them. His emotions are taking over rather than his investments ideology.
What you are saying may not happen .You know why after all he now owns Master Manipulater::Goldman which prints money through FED and gets all job Done.:-))).
Praying Maestro and GOD in mind when Gold falls in next fewdays which is obvious ( around 1200 per gram) I am going to bet on that.

rgds
Shiva...

Sir what exactly I meant was GE may survive because of Goldman's manipulations not by its core competency.
Sir, I also saw news of US SEC extending the Short selling ban till Bill is passed. WHAT A MANIPULATION? US is just acting no way different that than china's way. Free market economy like US is just acting like core socialists/Communist country. After so many years we are coming to the point Socialism or capitalism no clear winner. Two faces of same coin. One needs other. I read some philosopher saying “ I love capitalism because ultimately socialists come and save capitalists” ....

for shia I know some messages have disappeared. I do not know who deleted them. May be some interested quarters or some one else - I have no idea. Let it be that way - why to waste time on the past. Let us look to the future. Kalidas, Hong Kong 5-10-2008...

Then why do you think it lost more then 700 points on last Monday when the bill failed first time ? Do you think its realistic ? ...

for shia, When the patient is admitted to the hospital, he is screened, x-rayed, cardiogrammed. CT Scanned, and all tests. The doctor then try to determine what could have been wrong, by which time the disease has deteriorated. Last week, I entered the Indian market, considering myself smart, that I was buying back same stocks 15% to 70% cheaper - only to find next two days that ... I was a bit early to enter. I did not control my inner urge after months of discipline. If I say anything about Warren Buffet, people will bounce on me. It is a tremendous risk for me to go against. I took the risk for the first time a few years ago, when Mr. Buffer bought General Re - the re insurer. One of my best client told me, Anilbhai, you should have been careful. The people will begin to put you off. I said that I have loyalty to my client, and tell them what I feel, what the world feel is already known to you through various media - Print, TV, Radio etc. I earn commission from my client giving me business, so I owe to them what should I tell them. The situation is repeated again today. You are asking me to take extra ordinary risk in telling you what I feel. There are many boarders who named themselves after Warren Buffet ( they have disappeared now, that I am proved correct again after a few months) Here is what I feel about legendary Mr. Warren Buffet: 1. He is 78 and does not wait too long for seizing Investment. 2. He has abandoned his eternal virtue - Patience and Avoiding sycophancy or adulation (what you call, maska baji). 3. Too much adulation in the press from every quarter has go to his head and therefore began to falter. 4. He has stopped being an investor. He has become a money lender. Wants 10% interest on all his investment, and invests into Preferred shares, which are riskier than Convertible debt. The debt always have preference over equity, common stock or preferred stock. He has therefore become a "Multani Hundi holder" like many Marwari, Chettyar, Jew, Agarwals or Katchhi Gujaratis. He looks for any yield and not the associated risks. 5. He is too early to enter. His patience are wearing thin. He is entering at beginning of the end. He is entering at a time when Dow has corrected by just 18% from the top (not bottom). 6. He says that he is investing into best managed companies, blue chips etc. In that case, why so called best companies are willing to give him 10% interest for next 5 years, not collateral securities (Warrants are paper and will be worthless if the company goes under). Just position yourself in Indian market with over 1000 crores with you. If you find that potential buyer has lost thousands of crores in recent past, will you give him real hard cash against his paper and promises to pay in future - 5 years later, when the industry? 7. I said against GE almost 11 years ago for the first time, 11 months ago in this column and only perhaps 11 days ago that GE may be next to follow in ... SEC imposed short selling ban, because GE stock is held by almost all pension funds and 401K plan holders. GE has been selling all major assets, has extremely large exposure to derivatives, higher than the people imagine, and huge debt compared to revenue. its Debt level is nearly 3 times the revenue, whereas the healthy company is having revenue 6 times the debt level. I heard on the street comments only yesterday that GE has capital of just $18 billions compared to over $250 billions (or even more) of the debt. GE has lots of interest rate swaps where it will lose most. The market rates today is over 20% (when GE pays 10% how much ordinary corporation will pay?) I hope the time does not come when Warren Buffet has to depend on his own charity money during his last prime days, which are nearly over if we go by his attitude, and investment pattern. Kalidas, Hong Kong 2-10-2008...

Sir what exactly I meant was GE may survive because of Goldman's manipulations not by its core competency. Sir, I also saw news of US SEC extending the Short selling ban till Bill is passed. WHAT A MANIPULATION? US is just acting no way different that than china's way. Free market economy like US is just acting like core socialists/Communist country. After so many years we are coming to the point Socialism or capitalism no clear winner. Two faces of same coin. One needs other. I read some philosopher saying “ I love capitalism because ultimately socialists come and save capitalists” ....

Overview: Fear grips global markets By Michael MacKenzie and David Oakley/ ft . com The failure of US lawmakers to gather enough votes to pass the $700bn bail-out package sparked a dramatic plunge on Wall Street and accelerated the buying of SAFE haven assets including Treasuries and GOLD on Monday. The House of Representatives was unable to produce the 218 votes needed to send the Troubled Asset Relief Program legislation to the Senate for approval. ...

Bailout plan rejected House leaders scramble for support for controversial Wall Street plan. NEW YORK (CNNMoney . com) -- The fate of a controversial $700 billion financial bailout plan was in doubt Monday as a House vote turned against it. The next steps were not immediately clear but supporters were scrambling to put it up for another vote. What was supposed to be a 15-minute vote stretched past the half-hour mark as leadership scrambled for support. Investors who had been counting on the rescue plan sent the Dow Jones industrial average down as much as 700 points while watching the measure come up short of the necessary support, before rebounding slightly. The key stock reading was down more than 500 points. The measure needs 218 votes for passage. Democrats voted 141 to 94 in favor of the plan, while Republicans voted 65 to 133 against. That left the measure with 206 votes for and 227 against. A four-hour debate included impassioned pleas for and against the measure from Democrats and Republicans alike. Even some of those arguing the legislation must be approved were quick to point out problems with it. But in the end, the vote began with both Democratic and Republican leadership telling their members the only way to protect the economy from a spreading credit crunch was to vote for the difficult to swallow measure. "Our time has run out," said Rep. Spencer Bachus, the ranking Republican on the House Financial Services Committee. "We're going make a decision. There are no other choices, no other alternatives." The vote comes after lawmakers and the Bush administration finalized legislation following a weekend of high-stakes negotiations over the controversial measure, which is designed to get battered U.S. credit markets working normally again. "Today is the decision day," said Barney Frank, D-Mass., on the House floor. "If we defeat this bill today, it will be a very bad day for the financial sector of the American economy and the people who will feel the pain are not the top bankers and top corporate executives but average Americans." House Minority Leader John Boehner told his members, many of whom objected the measure, that the had accept something he and many of them found distasteful. "If I didn't think we were on the brink of an economic disaster it would be the easiest thing to say no to this," Boehner said. But he said lawmakers needed to do what was in the best interest of the country. Leading House Republicans signed on to the proposal on Sunday after expressing earlier reservations. Senate Majority Leader Harry Reid said Sunday he hoped for a vote in that chamber by Wednesday at the latest. Earlier on Monday, President Bush and Federal Reserve Chairman Ben Bernanke hailed the measure and urged Congress to move quickly to pass it. Bush, speaking at the White House, called the proposed measure "an extraordinary agreement to deal with an extraordinary problem." He said he is confident the measure will win bipartisan support. "With this strong and decisive legislation, we will help restart the flow of credit so American families can meet their daily needs and American businesses can make purchases, ship goods and meet their payrolls," Bush said. CONT........

for shia, American Senators entertain only those letters/emails/phone calls if they have originated from their constituencies. My email was replied by R Shelby who was key Republican Senator opposing the Paulson Plan. But that was the routine reply from their internal staff. Only publications like Books may help. There are millions of blogs, and honestly, not many care about what is mentioned. The only solace is that you published it and some one read it. Kalidas, Hong Kong 29/5/2008...