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Honest Information, Profitable Trading

Durudarshan - Investment Analysis

My Blog

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Thank you search engines

Posted on November 23, 2013 at 10:02 AM Comments comments ()
Thanks to the staff at the various Search Engines, especially Google, Stumbleupon, and Twitter, for traffic to my website and blog, viz www.durudarshan.co.uk/blog.
 
Welcome especially to readers from Clounage in France and Bedminster, U.S.  Lots of readers from these two places recently.  You are firmly on the hotspots of visitors to my blog, thanks.
 
People looked for Baba Ramdev clinic in Ilford.
The location is Divine Supplements,  855 High Road, Goodmayes, not far from Goodmayes train station or Tesco.
It is two minutes from the local Gurdwara.
Open more often nowadays, their phone number is 0208 590 7900.
 
Other friends looked for Mormon Chapel, Ilford.
This is the church I go to, Sundays 10 am to 12.30, with other programmes later, like baptisms.
It is right next door to Sainsbury's in Ilford, just round from Ilford Lane.
Instead of a cross, it has the Prophet Moroni on top of the spire.
Everyone is most welcome to come and visit, and join in the Sacrament and singing hymns.
 
(I am a Melchizedek priest in this church, and would be happy to meet you on your visit).
 
That's it for now.  Soon I am going to the Romford Stake for the General Conference of our church.
 
Kind regards,
Duru-darshan.
 
 
 
 
 
 

Andhra Pradesh and Odisha cyclones

Posted on October 26, 2013 at 12:27 PM Comments comments ()
It seems a frequent occurrence, the coming of typhoons and cyclones that seem to hit the Eastern board of India every year, often hitting Odisha the hardest, together with Andhra Pradesh as well as Bengal.
 
This October, cyclone Phailin landed at Gopalpur in Odisha with a core speed of 200 Kilometres per hour, reducing to matchsticks the flimsy dwellings in the low-lying areas, flooding vast majority of farmland and dwellings.  Fallen trees and power lines added to the problems in travelling. Thanfully early warming of the oncoming SuperCyclone enabled the local municipal authorities put into action evacuation plans, together with assistance from the Army and Navy, which were on standby, and so only a tiny number of people lost their lives this time, compared to the 10,000 last time.
 
Nearly a million people had been evacuated, with a timely and well-ordinated effort by the authorities.  Social media must have helped, emphasising the dangers of flooding and the ferocity of the winds, and, most important, how much time they had to get out of harm's way.  Villagers became convinced of the seriousness and left for the safety of higher areas and strong public dwellings, travelling at the last minute by buses laid on by the local councils.  Thankfully, so many people saved their lives by not ignoring the messages. 
 
About 100,000 people were similarly affected in Andhra Pradesh also.
 
Odisha Chief Minister has requested the government in Delhi to provide approximately a billion pounds over and above the 572 million pounds which would be available in the state disaster response fund, such has been the devastation left by Cyclone Phailin. 
 
The government and local authorities are stretched trying to provide food, shelter and rehabilitation for the million plus people affected in the last fortnight.
 
As if that was not bad enough, another cyclone has hit the same region today, killing 29 and leaving another 85,000 marooned.  The government and the local communities have a huge task of rebuilding and rehabilitating nearly 1.3 million people in Eastern states, some of the poorest and least developed in India.  It would be a great blessing for the people if this encourages the construction of alternative housing in such areas. 
 
In the meantime, again I pray for the safety and well-being of the people of Odisha and Andhra Pradesh and Bengal.
 
Respectfully Invoking our Saviour's prayer I intone :"Winds, be thee still".
 
May God's love and care be with the people there.
 
Amen
(written by Duru-darshan
Melchizedek priest at Church of Jesus Christ of Latter-Day Saints, Ilford)
 
Good news heard today, 9th November 2013.
Indian Prime Minister has announced allocation of funds of 1,000 Crores each for Odisha and Andhra Pradesh.  (approx. 1 Billion Pounds each).
 
 
 
 
 
 
  

Hello Putian, Beijing, China....

Posted on October 23, 2013 at 3:29 PM Comments comments ()
Recently I've had a lot of visitors to my blog and website from Putian as well as Beijing. 
 
I note the Indian Premier Dr Manmohan Singh has been to visit Beijing soon after his trip to Moscow, and
things are looking good for co-operation on peacefully observing each other's shared borders as well as increase in friendly relations and trade.
 
My personal hope is to become nominated by the Congress Party of India (UPA) as the Prime Ministerial candidate for May 2014.  Should my wish be fulfilled with approval of Rahul and Mrs Sonia Gandhi, I would be thrilled and would go to India straight away to start campaigning in earnest. 
 
I have a vision for India as a good neighbour to China, Russia, Pakistan, Nepal, Bangladesh, Afghanistan and the whole region, as well as to unlock the huge potential that there obviously is for growth of infrastructure such as roads, bridges, dams, power generation, further irrigation, as well as housing, hospitals, schools, universities, and so on, which would utilise the resources and cater to the public, as well as use the skills and expertise internationally in building up this great nation.  I have lived in London the last 41 years, and see the n-th degree developments of this nation (United Kingdom) as something India could well try to aim for.  I imagine that with India's resources both of the peoples' savings and growing expectations of improvements in living standards, it would fit hand-in-glove. 
 
It is regrettable that there have been skirmishes on the international border with Pakistan, especially just after Dr Manmohan Singh-ji had constructive talks with Pakistan PM Nawaz Sharif in New York recently. Mr Nawaz Sharif  has a great reputation as a man of his people and a positive personality, who would only wish the best for his people and continuation of peaceful co-existence with India.  The Indian PM has offered bilateral talks on this issue to find a resolution, and I sincerely hope common-sense and peace prevails once again.
 
I hope my readers will be able to make an accurate picture of what I would like to do, and I would welcome your comments on this matter.
 
In the meantime, I wish you a peaceful and happy evening.
 
Kind regards,
Duru-darshan.
 
 
 
 
 
 

Hello, New Zealand....silly song with a silly hat!

Posted on October 17, 2013 at 3:29 PM Comments comments ()
Someone from New Zealand seems to remember the 'wear a silly hat and sing a song' article I blogged some time ago.  That, plus all others (over 1100 articles on my blog www.durudarshan.co.uk/blog) are there for your amusement. 
 
When I was much younger, some of my colleagues used to say that perhaps one day I should write a book and call it 'The Thoughts of Chairman Duru'.  My style must have been an amusing version of the great Chinese leader. 
 
My collection of work I have merely labelled for the meantime as 'From 2008 to Recovery'.  I started to put my words on Google soon after the collapse of Lehman Bros in October 2008, which had the effect of a whirlwind hitting the capital markets.  At that time, with subdued optimism and a fool's courage, I started to search for Worldwide Economic Recovery, May 2009, at Amazon.co.uk.  The computerised book search merely cancelled out the May 2009 and gave me a handful of economics books.  I found Nobel prizewinner but very modest hence great economist Dr. Edmund Phelps words inspiring.  I feel still that in his works we can uncover some of the dynamics of restructuring our economies and re-creating Recovery from the clean landscape after 2008. 
 
In the U.S., a lot of things seem to have been implemented, as well as in China, which has seen phenomenal growth in the last 30 years.  Looking at this giant nation which is still partly a command economy, with a hierarchy where commands are given and executed without loss of time, one marvels at the inspiration to build and modernise left them by their great leader Chairman Mao.  He was ruthless towards his enemies, but to his nation, he was a jovial comrade, leading them with emotional songs and poetry even when they worked hard on half empty stomachs.  China has done their Leader proud, and the tradition has continued with the Honourable Hu Jintao furthering friendship with Mr Obama, which will surely further blossom now with the Honourable Xi Jinping.
 
The world is open for trade and further development, with Britain and Mr Cameron today inviting participation from France and China in building a nuclear power plant here in England.  It is my belief that the lessons learnt from Fukushima as to how safe actually nuclear technology is, will be used to build a new generation of nuclear power plants throughout the world, which needs all alternative sources of power to build and continue forward. 
 
The worldwide economic Recovery will continue by the grace of God, with more trade developing between nations, more co-operation in investing and helping build the other nations, so that in peace and exchanging the resources each nation is blessed with, all can share what God has given, to the glory of our Father in Heaven, whose name is Allah to some, Bhagvan to others, who loves all humanity deeply and will surely help us all find solutions to the problems that confront us.  That I sincerely believe, and after the fiscal arrangements America has put in place last night, it seems for the meantime the music of Recovery will continue.
 
Putting on a silly hat and singing a song is a great idea of the Wal-Mart chairman.  Haeri Mai, that's what the sister at church says to us sometimes.  It means hello; to me, it sounds like my own Mum's name.
Today I hear the North and South parts of New Zealand have two new names in Mauri, the green island and the other one. Please do let me know when you write to me.  I'd appreciate your comments.
 
In the meantime, kind regards,
Duru-darshan.
 
 

My blogs in the last 7 days, and Referring Traffic

Posted on October 5, 2013 at 2:31 PM Comments comments ()
Hi everyone, how are you?
I wrote and published several blog posts over the last seven days, as follows :-
  -  Germany a good model of employment
  -  Forward guidance and the UK Housing market
  -  Light a candle....
  -  Stimulus? Taper?  Where we headed?
  -  Mr Bernanke's penultimate testimony before he leaves the Fed.
  -  The paradox in inflation
  -  My blog posts this month
  -  Thanks for visiting my website.
  -  Bi-partisan Agreement or 14th Amendment, either way Debt Ceiling will be raised.
  -  Netherlands, Kansas City, Kharkov....welcome, welcome!
 
Over the 7 days, I note Referring Traffic to my website and blog (www.durudarshan.co.uk)
from the following.  I express my thanks to the staff at these organisations, for listing my website and blog....without you, all these readers wouldn't have found me so easily.  Thanks!
     -  Google.co.uk
     -  woman.seopower.su
     -  Google.co.in
     -  Stumbleupon.com
     -  t.co
     -  webconfs.com
     -  Google.com
     -  durudarshan.co.uk
     -  api.twitter.com
     -  News.Google.com
 
I am pleased to note that the value of my website is going up, and I am getting more visitors each month.  I am particularly pleased to note that I rank tops with Google.  That is thanks to my parents for having given me this unique name.  (Duru is the North Star, and darshan means obeisance). 
 
I hope you find something interesting to read on my website or blog.  I like to tune in to receive any interesting information, most of which I share with my readers.   
 
This morning, I went and helped clean the LDS Chapel here in Ilford.  I opened the windows, then squirted some bleach into the toilet pans on all three floors.  Whilst this was doing its job, I moved the chairs in the Sacrament Hall and hovered the carpet.  Just nice and easy, and the exercise did me good.  In the peace and quiet of physical labour, the mind becomes quiet and receives the Eurekas!
 
Until next time,
 
Wish you a great weekend.
 
Duru-darshan.
 
 
 

Stimulus? Taper? Where we headed?

Posted on September 27, 2013 at 2:36 PM Comments comments ()
In his penultimate testimony recently, Federal Chief Ben Bernanke suggested that the QE measures had greatly helped the economy. 
 
The infusion of money did indeed stabilise the economy and create jobs on an on-going monthly basis, helping people buy autos and houses, and adding to consumer confidence in the U.S., which has become one of the fastest recovering nations post the 2008-crash. The QE measures introduced in August 2011 helped to propel the economy from a negative loss of confidence to a positive full of hope and promise and enterprise culture.  The QE measures helped to finance the government departments as well as the social net, and has got some of the pick-and-shovel jobs under way, although not as many as may have been envisaged. 
 
Secretary for the Treasury Jack Lew is characterised as pleading for action on the issue of the debt ceiling, but of course this issue cannot have escaped anyone's attention.  A logical time for resolution of this issue in somewhere mid to end October, when Mr Bernanke may be stepping down, having served his nation in a most admirable way.
 
The $40 billion a month stimulus under the first QE measure must have clocked up a trillion just after two years and one month.  The additional stimulus of $45 billion a month in buying of mortgage-backed securities has been in place for nearly a year, and that tots up another half trillion or so.  All told, the authorised stimulus which was the debt ceiling was around $1.45 trillion, plus a further $700 billion from banks and private or public concerns.  The money has swirled in the system and created much happiness for so many people, and sustained livelihoods and restored confidence, not only in the USA, but around the world.  The dark days were when diamond merchants in India were standing idle, because American men had stopped buying diamond rings for their fiancées.  The whole supply chain from South Africa to Antwerp to Tel Aviv felt the effect.  Thankfully, those days are gone, and we all have to thank the return to confidence that has enabled consumers believe in a good life and live with hope.  When people have received loans and mortgages, their purpose has been filled with joy.  May that continue for the foreseeable future, as hard work and enterprise turn into wealth, going round and serving more.  A growing circle of enterprise and industry in each nation has given added confidence to increased trade as well as growth at home.  When the global locomotive of growth drives along, it is music to the ears of people everywhere, be it China, India, the Middle East, Africa, or South America, not to forget Japan and Australia.  Growth and enterprise is good for the world, as each nation trades their unique resources, creating work and purpose, confidence and enterprise.   
 
The cash-flow that the stimulus measures provided have been a great blessing, creating many jobs, creating many livelihoods, helping many families survive and recover from the savage recession that beset the world, and with the creation of activity, opening of factories and workshops, improving purchase of goods both utilitarian and luxury, improved number of travellers and visitors globally, it seems the economies are set for further growth to Prosperity. 
 
Secretary of Treasury Jack Lew and colleagues will know what measures are necessary.  President Obama and House Speaker Boehner will ascertain what is necessary and prudent for continuation of the economic Recovery.  Positive developments on this with bi-partisan co-operation will herald the path to Prosperity.  Trusting in good judgement, no one should have concern. 
 
Kind regards,
Duru-darshan.
 

Light a candle....

Posted on September 24, 2013 at 5:10 AM Comments comments ()
The economic news seems pretty positive all round, for continued worldwide economic Recovery.  India of course is out of sync on the benchmark interest rate, but it is a dynamic economy where the leadership are a little bit too cautious to accelerate growth.  For the moment it seems it will just motor along steadily, and blaming the high inflation on the scarcity of onions, which they are plentifully exporting.
 
The Greek economy seems to be on the mend, with a secondary surplus expected. With a nation with a population of 20 million and a large area, perhaps they need to encourage people who enjoy farming.  The potential must be huge with good climate, abundance of water and good weather as well. 
 
The situation in Spain seems pretty positive too, with a growth of 0.2 percent expected for the second quarter.  The benefits of creating jobs and filling up the empty housing, additionally with putting more buses on the roads to service secluded areas more frequently, will surely add to the growth.  Blessed with good weather and friendly people, I believe there is huge potential for continued growth in Spain.
A Latin version of Hollywood and Bollywood must surely be a possibility, with intercontinental co-productions?
 
Germany, well the situation seems so good, with Mme Angela Merkel back in the driving seat.
 
As regards the U.S., the talk of taper seems both promising and cautionary.  As Treasury Minister Jack Lew has suggested, the Debt Ceiling issue needs addressing quite soon.  The talk to me seems like a tapered candle, or a washer to be tapered on a lathe...I suppose Mr Bernanke will suggested what will need to be done.  The debt ceiling fix of a $1.45 Trillion in August 2011 was a job well done, adding to the money supply and creating the cash flow that has translated into so many jobs, a pick up in the housing market, and continued growth in the US economy, creating heatmaps of happiness for so many more people.  The stockmarkets and the banks seem in robust health, creating a huge pool of capital that will service the needs of people as and when they need to borrow and spend.  Cash rich companies like Apple attest to that fact. 
 
What would be great would be perhaps the creation of 500,000 jobs per month on a costing of $7 billion per month.  If that much additional capital was infused into the system by way of the taper, that would be just great.  Five years after the collapse of October 2008, the economic systems seem in much better shape, with strong financial institutions and safeguards in place.  A steady worldwide Economic Recovery seems to have been achieved, through co-operation and understanding of nations and the grace of God.  In celebration and to continue with Recovery, the world counts on seeing the Republicans and the Democrats in Washington support a cordial agreement, and light a new candle to Prosperity.
 
Ladies and gentlemen, you may step up to the alter, and light the candle that will add substance to the drams of humanity.
 
Amen.
 
(written by Duru-darshan)
 

Thanks for visiting my website.

Posted on September 21, 2013 at 6:09 AM Comments comments ()
Thanks for visiting my website and reading my blog.  I hope you found something interesting.
 
Life is fun, with demands on time in so many directions.
 
Thursday I went to the Community Centre in Cricklewood.  Every Full Moon, they do prayers to Satnarayan Swami and Mata Laxmi.  It is a tradition we Sindhis have followed for generations, to pray to God and Goddess to give us peace in the household, and prosperity in our business affairs.
 
Later I visited the Southbank Centre, attracted there by the exhibition of her Picasso like painting by
Sangeeta Roshni Babani (she is an inspired painter from Mumbai, and she's Sindhi too, so I thought I'll
pay there a visit).
 
Sangeeta hadn't obtained her visa, and therefore could not be there.  Other artists from India exhibited
their creations alongside a few of Sangeeta's paintings. 
 
Particularly I liked a table whose top opens in segments like a fan, and this is adorned by mirrors.
This is by Yamin Mohiuddin from Hyderabad.  I can see such a piece adorning some young one's bedroom or even a hairdressing salon.  It would look good in a media company's foyer. 
 
If you like genuine teak furniture, like a chair crafted like black petals, or a palm made of teak, and don't mind paying about £800 for such items, Firdos Furnishers of Nagpur have several pieces on display.
 
An English idea that seemed to catch everyone's eye was Gerrad the Second.  This is a folding dog that looks like an inspired work of origami, with 188 sections to unfold and paste together very very carefully with Uhu glue.  The small ones sell for £20, and are limited editions of 500.  Fair enough.  They have decorative prints of dollar notes, piping, mascots, newspaper cuttings and so on, like industry or sector or indeed national mascots.The large ones, including one made of black wool decorated with harlequin squares, well, those will become collector's items, starting in an auction in 2014 at £1,000.  Absolutely grand.  Made by Liam from Liverpool.
 
 #####################################sangeeta############################################
 
Today I missed going to the Millionaire Mentors Bootcamp at the Hilton, London Bridge.  There is a free general entrace, generously hosted by Raymond Aaron, the bestselling author.  Problem is, it starts at 9 am on Saturday and Sunday.  Just a bit too early to travel up there for me;  otherwise it seems an event worth attending.  Finishes at 6pm both days.  Bootcamp to give you quick fire ideas how to boot up your ideas and send them skyrocketing.
 
 
I am sure someone can suggest ideas to make my website and blog into a money minting machine.  Well, hold my hand and show me the way. 
 
Kind regards,
Duru-darshan.

Forward guidance and the UK Housing market

Posted on September 14, 2013 at 6:59 AM Comments comments ()
There is palpable renewed confidence in the UK economy since Mark Carney took over as Governor of the Bank of England.  His forward guidance that the record low interest rate of 0.5 percent would hold until such time as unemployment falls to 7 percent implies a very stable environment in which people can borrow and grow their businesses and add to their property portfolios.
 
Some forecasters believe we are in for another three years of this very favourable environment of low interest rates, and this has been registered by the pick up in the housing market.  The FTSE has seen healthy volatility and seems to wear a rosy glow. 
 
Rising house prices are of course not favourable to everybody, as a lot of people become sidelined, unable to buy even their first house while those who are already on the ladder bask in the glory of ownership or further improve their wealth by remortgaging and investing in the Buy-to-Let market. 
This is where the government can bring in some mechanism where priority should be given to First Time Buyers and Growing Families Who Need to Move to a Bigger Property.  That would bring a lot of stability to the market, and ensure a bubble is not created, where some people and corporations may prosper for the meantime but would not be appropriate for the economy long term.
 
The London housing market registered a gain of 0.9 percent last month, one of the healthiest gains for some time.  The availability of mortgages and especially re-mortgages at record low interest rates is the cause for the euphoria. 
 
If a mechanism is introduced through legislation to favour first time buyers and big families as I have suggested above, maybe it will turn into a celebration for more and more people.  The housing supply would help those in need, and curb the unnecessary speculation.  Payment of ever-growing rents from the public purse to buy-to-let owners is merely dishing out national wealth to a small minority of people, whose tenants become dependent on the social security for their lifestyle.
 
The interest rate is at a record low in response to a need for the economy to pick up, as a stimulus, and wealth will only be created when money is employed to create additional enterprise.  In this respect, the banks will be doing their job fine if they pro-actively start to lend money to businesses and entrepreneurs in each local community, thereby enabling people make a living, create jobs in the local economy, and generally give a boost to the whole economy.  When people are purposeful and busy, they have to use transport, buy food outside, dress up well and even buy a few luxuries. 
 
The future looks rosy.
 
Kind regards,
Duru-darshan.
 

Germany a good model of employment

Posted on September 13, 2013 at 10:04 AM Comments comments ()
It is good news in Europe, with purchasing managers indexes up and house prices up in United Kingdom.  The unemployment rate edging downwards to 7.7 percent from 7.8 previously does not cause concern about the interest rate in the near term.  The Bank of England's benchmark rate can remain at the record low 0.5 percent for the foreseeable future, perhaps another three years, until unemployment falls to 7 percent, which is the peg  Governor Mark Carney has indicated.
 
But suppose, just suppose, employment in Britain were to pick up, perhaps using the German model of creating jobs?  There, according to Euronews, the unemployment has fallen to 5.5 percent, mainly helped by creating what are called Mini Jobs.  These are jobs taken by newcomers and students, perhaps earning a few hundred Euros a month for a part time job, or a Mini Job.  There is no contract, no holiday pay, let alone anything towards a pension.  It has no minimum wage.  The rate is fixed between the employer and employee, and lasts as long as there is work, without any guarantee. 
This seems a smart way of creating jobs, and enabling people earn something.  It is an idea that could be copied in other countries, labour laws permitting.  
 
It seems a good way forward to beat the dole ques, and get peoples morale up.  This could eventually help balance the national books.
 
Kind regards,
Duru-darshan.
 
 

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