Q.
What is the main reason for the daily price rise of various commodities
Asked by My God,
30 Apr '11 10:34 am
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Inflation in india... recession in US(biggest market for commodity), Europe crisis, increase demand for commodity due to development etc..
Today govt. is run by market manipulators, fixers, fly by operators, corporate gamblers. The first and prime reason the rising essential commodities because we created a commodity exchange like MCX and other like commodity exchanges. The market can manipulate within hours according to their own wish. It is nothing to do with our production, distribution, monsoon and other factors. Indians tears is the stock and commodity exchanges. Gamblers and fixers deciding the market now with the whole hearted support of the govt. It is a best lucrative and risk free business for mafias to engage such activities without any risk. Indias biggest mistake is that we opened door for the manipulators. At the time, a small and genuine investors, traders, businessman, and all other sections of society imposed with various taxes, duties and finding it difficult to ...more
Answered by rahul raj, 30 Apr '11 10:38 am
Today govt. is run by market manipulators, fixers, fly by operators, corporate gamblers. The first and prime reason the rising essential commodities because we created a commodity exchange like MCX and other like commodity exchanges. The market can manipulate within hours according to their own wish. It is nothing to do with our production, distribution, monsoon and other factors. Indians tears is the stock and commodity exchanges. Gamblers and fixers deciding the market now with the whole hearted support of the govt. It is a best lucrative and risk free business for mafias to engage such activities without any risk. Indias biggest mistake is that we opened door for the manipulators. At the time, a small and genuine investors, traders, businessman, and all other sections of society imposed with various taxes, duties and finding it difficult to ...more
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