Warning !!! Is It Worse Than 2008?? Global Financial Disaster Is Ahead ?
Gold and Silver
They look strong and may have more fuel left but buying here is more difficult due to RR ratio.
US Dollar and Treasury and Debt
Whatever the expected crash is from this. Everything Looks worse in US. dollar dominance started fading. China and Japan Has more us treasury so if they start dumping its going to worst. The so called recession is already there in US, UK , Canada and in most of EU countries. They are not looking in a good position.
Bitcoin
US is pushing bitcoin everywhere. It looks like pump and dump and bad for people who are getting mad about it. This may be one of the biggest financial disaster. Better stay away from it.
AI
Today AI is everywhere and people stopped using their mind and addicted to it. It is there to simplify our work. It is hitting the IT industry very hard. Not only IT also hitting to other sectors also. Why IT layoffs are more ?. because Indian IT sectors is one of the worst in the world. Why? No innovation No R&D nothing only providing man power , which is now taken over by the AI. People should focus on skill, which is going to be more relevant in future. Core sectors (like, Electrical,Mechanical,Civil etc) will raise again, Along with tourism and agriculture.
NRIs and OCIs
NRI and OCI may face more problem due to these financial crisis. Its better to take good decision soon else they may have to pay big price for it.