I thought, I blogged …

15 April , 2013

Petrol prices again cut by Rs1.20: for what? April 2013

Filed under: Blog — Ranganathan @ 21:29

1. For election 2014 .
2. Reduction in petrol price, will reduce inflation figures, forcing RBI to reduce interest rates, so the real-estate gang fills its purses . Two-three years later, all this floating rate loans will hike their interest rates, and all banks will be filling the purses.

For sure, this chain will further bring down the demand for gold in 2013 , some side benefit for the govt reeling under heavy CAD trouble .

http://www.thehindubusinessline.com/economy/petrol-cheaper-by-rs-120litre/article4620345.ece

http://www.moneycontrol.com/news/business/why-property-is-biggest-con-jobinvestors_852422.html

http://www.subramoney.com/2012/08/real-estate-prices-are-holding-up-the-recovery/

[[EDIT / Update]]
That was a very narrow focussed post, without considering global mega cues; price of everything has fallen:
http://dealbook.nytimes.com/2013/04/15/golds-plunge-shakes-confidence-in-a-haven

However, the gangs mentioned in the first part, still stand to gain & make a killing . !

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