http://www.galatime.com/2008/01/22/sensex-nifty-vs-gold/ A blog about Indian Capital Markets, by Kaushik Gala Tue, 02 Dec 2008 14:31:39 +0000 http://wordpress.org/?v=2.6 http://www.galatime.com/2008/01/22/sensex-nifty-vs-gold/#comment-1864 Krishna Tue, 22 Jan 2008 19:07:28 +0000 http://www.galatime.com/2008/01/22/sensex-nifty-vs-gold/#comment-1864 And more importantly what happens if we factor in oil into the calculation. I don't think the Indian economy has yet felt any effects of the $100 oil phenomenon. The strong economy kind of cushioned it along with the cozy subsidies. Now, for the sake of argument pick up a choice of 1 or 2 year bear market an almost certain recession here in the US, and then what ?? Either the price of oil comes back to the $30-50 range or this once-in-a-generation bull run might turn from being a whimper today to being equal to water boared by Dick Cheney. I wish I knew the answer. And more importantly what happens if we factor in oil into the calculation. I don’t think the Indian economy has yet felt any effects of the $100 oil phenomenon. The strong economy kind of cushioned it along with the cozy subsidies. Now, for the sake of argument pick up a choice of 1 or 2 year bear market an almost certain recession here in the US, and then what ?? Either the price of oil comes back to the $30-50 range or this once-in-a-generation bull run might turn from being a whimper today to being equal to water boared by Dick Cheney. I wish I knew the answer.

]]>