---------- Forwarded message ----------
From: Ashok Samtani <ashoksamt
...@gmail.com>
Date: Mon, Feb 1, 2010 at 6:55 AM
Subject: Mobile Phone , Alert & Final Complimentary Report
To: Ashok Samtani Emperor - HK <ashok.empe
...@live.com>
*In case of mobile phone loss : *
An interesting fact to share.. Nowadays each one of us carry Mobile
devicesand always
fear that it may be stolen.
Each mobile carries a unique IMEI i.e International Mobile Identity
No which can be used to track your mobile anywhere in the world.
This is how it works!!!!!!
1. Dial *#06# from your mobile.
2. Your mobile shows a unique 15 digit .
3. Note down this no anywhere but except your mobile as this is the no which
will help trace
your mobile in case of a theft.
4. Once stolen you just have to mail this 15 digit IMEI no. to
c...@vsnl.net<http://us.mc453.mail.yahoo.com/mc/compose?to=...@vsnl.net>
5. No need to go to police.
6. Your Mobile will be traced within next 24 hrs via a complex system of
GPRS and internet.
7. You will find where your hand set is being operated even in case your no
is being changed. *
PASS ON THIS VERY IMP MESSAGE TO ALL YOUR FRIENDS AND RELATIVES.*
If u lose your mobile, send an e-mail to
*...@vsnl.net*<http://us.mc453.mail.yahoo.com/mc/compose?to=...@vsnl.net>with
the following info.
Your name:
Address:
Phone model:
Make:
Last used No.:
E-mail for communication:
Missed date:
IMEI No.:* *
*******
*ALERT : *
*India’s BSE : Look for Index next support levels of 15,500 & 14,000 !*
*******
*Bernanke Knew This Was Coming *
Did you hear Bernanke's AEA address three years ago ?
* *
*"Anyone reading between the lines could understand that Bernanke is worried
about a financial storm ahead. In his speech, Bernanke used the terms
'crisis,' 'panic,' 'threats,' 'stress' and similar words at*
* least 36 times. *
*Bernanke said the Fed has set up a 'crisis center' to handle potential
global financial problems - to anticipate them and deal with them if they
occur. What are the possibilities? *
**
*A dollar crisis the one [former Fed Chairman] Paul Volcker suggested would
happen in the next few years. *
*A non-dollar currency crisis in Asia, Europe or Latin America (shades of
the 1997 Asian currency crisis). *
*A housing crash and foreclosure crisis. *
*A major terrorist attack on a key financial center, such as New York,
London or Tokyo. *
*A sharp rise in inflation. *
I doubt the Fed will cut rates again unless there is an imminent financial
crisis of some sort that will require more liquidity and lower rates."
Of course, Bernanke's fears became reality just one year later when the
financial panic of 2008 forced the Fed to cut interest rates to nearly zero
and to inject billions of dollars worth of new money into the economy to
prop up the financial system.
Bernanke has since admitted that the crisis was "the worst in modern
history."
So what is Bernanke saying now?
Blowing Bubbles, Blowing Policy and Blowing Smoke
After our somewhat awkward confrontation, I sat down to listen to Bernanke's
new speech: "Monetary Policy and the Housing Bubble."
He stepped up to the podium in a state of denial, rejecting the common-sense
notion that the Fed's low-interest-rate policy in 2002-04 caused the housing
bubble or the financial crisis. Bernanke said the housing boom was global
and couldn't be blamed on U.S. monetary policy.
However, he did take some responsibility for the lack of proper banking
standards that led to the housing crisis. According to Bernanke, the Fed's
moves to regulate the subprime mortgage market were "too little, too late."
Once Bernanke had finished his speech, he took questions.
*Q : "Mr. Bernanke ... in your speech, you talked about interest rates and
the price of money, but you said nothing about the supply of money. Will you
comment on the fact that the adjusted monetary base [the Fed's checking
account] is now growing at an 80% rate again? Does that suggest you fear
another financial crisis or credit crunch soon?" *
Ben Bernanke: *"No, the rise in the monetary base is due entirely to the
Fed's recent purchase of mortgage securities that we agreed to buy." *
*Q : "Foreign central banks like Bank of India and Bank of China are now
buying tons of gold. Is this a sign that foreigners are losing faith in the
dollar-based world monetary system?" *
Ben Bernanke: *"The world financial system is sound." *
What struck about Bernanke's responses was his “what me worry?" attitude.
He showed no concern about the constant loss in the value of the dollar on
the foreign exchange markets, or about the dramatic rise in the price of
gold since he became chairman.
*Conclusions*: Don't count on the Fed chairman - or any other high
government official - to admit mistakes or tell us what is really going on.
My advice : As long as the Fed's Zero Interest Rate Policy (ZIRP) is in
place, the following three scenarios will play out:
The U.S. dollar will remain weak.
Gold prices will rise &
Foreign stocks will perform better than U.S. stocks.
U.S. Federal Reserve policymakers kept the benchmark Federal Funds rate at
its record-low range of 0.00% to 0.25% for an "extended period." And
policymakers also said that the nation's central bank would continue with
its plan to wind down its purchases of agency debt and mortgage-backed
securities.
The term "exit strategy" is a financial euphemism for boosting interest
rates. By keeping short-term interest rates at what many experts say are
artificially low levels, the Fed is betting that inflation will remain
subdued in the short and medium-term and that the beleaguered U.S. housing
market will be able to stage its recovery without crutches.
The central bank has pumped more than $2 trillion into the U.S. economy
since the financial crisis began over two years ago," Hutchinson wrote in a
recent column. "As a result, the dollar tumbled about 20% against the euro
in the past year. The Dollar Index - which measures the greenback against
the euro and five other currencies - fell to a 15-month low earlier this
month."
The Fed might have considered at least changing its language to telegraph an
eventual tightening of monetary policy.
"With interest rates, the bottom line is that Bernanke is likely to keep
them at a low level for far longer than he should," he said. "When he
eventually does start to raise them, he'll do so only grudgingly, at first,
even as inflation races away."
Indeed, the Fed will have to keep a close eye on inflation, but it also will
have to watch for turbulence in the housing sector. The FOMC statement said
that the Fed is still in the process of purchasing $1.25 trillion of agency
mortgage-backed securities and about $175 billion of agency debt. In order
to promote a smooth transition in markets, the policymaking arm of the Fed
is gradually slowing the pace of these purchases, and it anticipates that
these transactions will be executed by the end of the first quarter, March
31.
*Best regards*
*Ashok Samtani*
***Business Manager*
*IB No. 82AS168/E82AS168*
*
Tel : (852) 62717893 / (86) 13530911867
E-Mail : ashoksamt...@gmail.com
MSN : ashok.empe...@live.com
*
*Emperor Financial Services Group*
*Emperor Bullion Investements (Asia) Ltd.*
***23/F., Emperor Group Centre,*
*288, Hennessy Road. Wanchai. *
*Hong Kong.*
*www.egoldsilver.com* <http://www.egoldsilver.com/>
*www.emperorforex.com* <http://www.emperorforex.com/>
*P.S.*
*Above was my final complimentary alert & report.*
*Look forward to hear from you on your account establishment. *
* *
*Bye for now.*
* *
*Best Wishes, Happy Trading & God Bless, *