Silver as an investment

Category Archives: Indian government

Gold Coins and Bars Saw Demand Rise 17% to 222T in Q3

– Gold coins and bars saw demand rise 17% to 222t in Q3, driven largely by China– Chinese investors bought price dips, notching up fourth consecutive quarter of growth– Jewellery, ETF demand fell while gold coins and bars saw increased demand – Central banks bought a robust 111t of gold bullion bars (+25% y-o-y)– Russia, Turkey & Kazakhstan […]

India ‘Elites’ Mimic Washington: Claim Russian ‘Twitter Troll’ Is Backing Opposition Party

Authored by Andrew Korybko via Oriental Review, The US-Indian Strategic Partnership has rapidly evolved to such a point that the Indian government is now obliquely hinting that Russian twitter trolls are backing the country’s opposition leader, showing that New Delhi is willing to say and do anything in order to further ingratiate itself with Washington […]

Is Kashmir The Trigger For Nuclear War?

Authored by Brian Cloughley via The Strategic Culture Foundation, The disputed of territory of Kashmir, lying in the north of the sub-continent between India and Pakistan, does not often feature in the world news media, but recently the little-known yet most sensitive region has received attention, not only because of boundary clashes between the armies […]

Is India The Next Pakistan? “It Keeps Getting Worse Ever Faster”

Authored by Jayant Bhandari via Acting-Man.com, India’s Rapid Degradation This is Part XI of a series of articles (the most recent of which is linked here) in which I have provided regular updates on what started as the demonetization of 86% of India’s currency. The story of demonetization and the ensuing developments were merely a […]

India: “No Toilets, But We’ll Send Rockets Into Space”

Via Jayant Bhandari of Acting-Man.com, India’s Currency Ban – Part X It has now been four months since Narendra Modi declared about 86% of monetary value of currency illegal. Linked here is the last in my series of updates, which was written soon after the deadline to deposit the demonetized currency. Most of the banned […]

With 65% of ATMs Nonoperational, Goldman Warns India Is “Returning To Barter System”

India continues to stagger from bad to worse followinhg Modi's demonetization. With just 35% of ATMs nationwide operational, Goldman warns the shortage of cash continues to incentivize the use of alternate payments, including extension of informal credit and a return to barter systems. Addtionally, the slowdown in activity is dramatically reflected in lower tax collections […]

A Banana Republic In The Making – “The Glue Of Reason In India Is Flaking”

Submitted by Jayant Bhandari via Acting-Man.com, A Brief Recap India’s Prime Minister announced on 8th November 2016 that Rs 500 and Rs 1,000 banknotes will no longer be legal tender. Linked are Part-I, Part-II, Part-III, and Part-IV , which provide updates on the rapidly encroaching police state Expect a continuation of new social engineering notifications, […]

Scenes Of Panic In India As Gold Price Skyrockets After Currency Ban

Submitted by Jayant Bhandari via Acting-Man.com, Chaos in the Wake of the Ban Here is a link to Part 1, about what happened in the first two days after India’s government made Rs 500 (~$7.50) and Rs 1,000 (~$15) banknotes illegal. They can now only be converted to Rs 100 (~$1.50) or lower denomination notes, […]

Gold Price Skyrockets In India After Currency Ban

Submitted by Jayant Bhandari via Acting-Man.com, India’s Government Makes Banknotes Worthless by Decree Overnight As I write this in the morning of 9th November 2016, there are huge lines forming outside gold shops in India — and gold traded heavily until late into the night yesterday. Depending on who you ask, the retail price of […]

Indian government officials covet temple gods’ gold

Be prepared for the next great transfer of wealth. Buy physical silver and storable food. mineweb.com / By Shivom Seth / Thursday , 12 Sep 2013  In yet another instance of how the Indian government is seeking to utilise “idle” gold and control gold imports, the government appears to be knocking on the doors of several temples, […]