Golden bubble!!!!!!!!!!!!

If anyone thinks that the gold prices will come down I hug them because I am also of the same view. I don't have any strong reasons to say but I believe that it will come down. Crude oil prices and Indian indices touched it's peak and then started to came down. The economic curve is like this. It often shows ups and downs.
Recently RBI has bought gold from IMF. We keep the 200 tonnes as a reserve of this country. We lost faith in dollar which is going weaker and weaker. India is the biggest consumer of gold in the global scenario. Due to the shy rocketing prices the retail participation decreased by 30-40%.
Increasing gold price hike is a ause of worry for Indian households. Dowary is considered as a crime in this country but it is very common among people. If gold price again rises so many young girls will never be married.
If investor confidence is back and the markets come back to it's green zone there will be a slight fall in glod prices. But in the recent future there is no possibility of a correction.

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Indian Market Volatile Today

Volatile movement witnessed in Indian market today.Indian Indices opened lower after a big gap of three days. The second quarter results by companies were also disappointing. Buying at lower levels helped indices to bounce back. Last week Indian indices were down by 5.5 percent. In October indices were down above 7 percent overall.
Planning commission's growth forecast of 8 percent also influenced Indian traders. The sell off in Global Indices also was another reason for the bear arrival. Going ahead mixed response will be there in Indian indices. Now is the right time for an Intelligent investor to enter into the market.