Tag Archives: India

Chinese troops enter 25 km deep into Indian territory in Ladakh

Chinese troops are reported to have entered 25 to 30 km deep into Indian territory in Burtse area in Ladakh where they had pitched their tents last year that had led to a tense three-week standoff. Official sources said on Monday … Continue reading

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Bullion smuggling outstrips narcotics to feed gold habit

Indian gold smugglers are adopting the methods of drug couriers to sidestep a government crackdown on imports of the precious metal, stashing gold in imported vehicles and even using mules who swallow nuggets to try to get them past airport … Continue reading

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IS A MASSIVE CHINESE ORDER CAUSING A SILVER SHORTAGE IN EUROPE?

by Cyrille Jubert, Author of Silver Throughout History One of my contacts with one of the largest European precious metals brokers told me this morning that they could not find any silver.  All the refiners they contacted could not take their orders … Continue reading

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Nothing ignites gold buying like a collapsing currency!

Gold denominated in Indian rupees just skyrocketed up near record highs, a far cry from recent dollar-gold action.  Much of this extraordinary rally was fueled by the near-collapse of the Indian currency to new record lows against the US dollar.  India’s … Continue reading

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India, Pakistan exchange more gunfire, ceasefire under strain

India and Pakistan exchanged more gunfire across the disputed border in Kashmir on Sunday, Indian border guards said, as a 10-year ceasefire frays over accusations of killings of soldiers deployed on the frontline. One Indian border guard was wounded after Pakistan Rangers opened fire … Continue reading

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Russian Superweapon Being Developed with India

Moscow’s response to President Obama’s call for a new one-third reduction in deployed strategic nuclear warheads was met with a chilly response, according to recent statements by Russian officials. Additionally, Russia’s Deputy Prime Minister Dmitri Rogozin, the key arms control official, announced Sunday … Continue reading

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India Central Bank Prohibits Sales Of Gold Coins

Two weeks ago, with its current account getting crushed by relentless gold imports, India’s finance minister Chidambaram literally begged the people to stop buying gold. Judging by the popular response, the ongoing physical shortage, and last night’s increase in Indian gold import duties … Continue reading

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INDIA’S BANKS & TRADING HOUSES ONLY RECEIVING 10% OF GOLD ORDERS

The recent take-down in the price of gold has created huge demand for physical bullion worldwide.  India’s wholesale buyers are only receiving a tenth of the gold imports that they have ordered. According to The Economic Times India: Haresh Soni, chairman of … Continue reading

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India’s Response To The Gold Sell Off: A Massive Buying Frenzy

Panic, depression, rage, suicidal ideations: watching the US mainstream media, one would think that these are the prevailing sentiments among those who unlike the prevailing “developed world” speculative class, are invested most heavily in physical old – Indians, who collectively … Continue reading

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Time to Convert Fiat Currencies to Gold – Part 2

GOLD-RUN: “THERE IS NOT ONE SINGLE OUNCE OF GOLD AVAILABLE FOR SALE IN BANGKOK!” EVERY Gold-shop in Bangkok is out of Bullion…there is not 1 single ounce of gold bullion available for purchase in the entire city of Bangkok!  The … Continue reading

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Testing

India’s Stock Exchange ‘Closes’ After State Bank ‘Flash-Crash’ While we have grown accustomed to the daily gyrations on mega-volume in the US equity markets, it seems the HFT-virus has spread as far afield as India this evening. India’s National Stock … Continue reading

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Which Countries Are Punching Above Their Weight?

As the Obama administration continues to alienate our traditional allies, his stock phrase for allies who are “punching above their weight” has become who is “punching below the belt”. India, South Korea and Japan have done end runs on the … Continue reading

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India Moves to Establish Regional Hegemony

It is becoming increasingly difficult to track all the scenarios which may impact the world.  Here is one which I believe is not receiving due attention – India has declared themselves a major player in southern Asia, and they have done a … Continue reading

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The Ties that Bind: India Aligns with Russia and Iran

Russia and India The lines are being drawn for the upcoming world war. India has switched its allegiance from the West and aligned with Russia and Iran. Even Japanese and South Korean allegiance may be questionable when their nation’s oil imports … Continue reading

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The Other Side of the Syrian Resolution Veto

Here are the speeches after the Syrian Resolution veto in the United Nations from “the other side”. I know that we are not told what is happening behind the wizard’s curtain but the argument for the sovereignty of a country … Continue reading

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