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2009-11-09 India-Pakistan

Full circle: India buys 200 tons gold from IMF

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Posted by john frum 2009-11-09 05:31|| || Front Page|| [8 views ] Top

#1 The immediate effect is of strongly stabilizing and strengthening the rupee. Since India is already on much firmer financial ground than most, I suspect that this is an effort to turn the rupee into one of the "basket" of reserve currencies instead of the dollar.

Posted by Anonymoose 2009-11-09 08:01|| 2009-11-09 08:01|| Front Page Top

#2 Follow up: Reports are that India is dumping US Treasury bonds to pay for the gold. Since the gold is coming from the IMF, this makes me wonder what they will do with those T-bills.

Interestingly, the IMF also issues bonds. China has taken to purchasing them instead of US T-bills.

Posted by Anonymoose 2009-11-09 12:55|| 2009-11-09 12:55|| Front Page Top

#3 Finance Ministers new assistant:

Posted by DMFD 2009-11-09 19:25|| 2009-11-09 19:25|| Front Page Top

#4 ION TIMES OF INDIA [vee Bloomberg]: NAXALS COULD HIT [damage] INVESTMENT CLIMATE, WARNS FICCI.
ARTIC > Naxals-Maoists greatest single threat to India is ECONOMIC, notsomuch military political or ideological. Oper in approxi 30% of INJUH, up from less than 10% back in 2001, the Naxals-Maoists desire to dominate INDIA'S URBAN + INDUSTRIAL CENTRES [ force of arms + political power].

Also, WAFF > ISLAM IS AN INDIAN/INDIC RELIGION, INDIA IS A SACRED LAND OF ISLAM [President TARIQ ABDULLAH E. of WORLD ORGZ OF RELIGION AND KNOWLEDGE].

Posted by JosephMendiola">JosephMendiola 2009-11-09 21:14|| na]">[na] 2009-11-09 21:14|| Front Page Top

#5 Joseph, you tend to ramble and speak incoherently. I have very little understanding of what you talk about.

Posted by Jame Retief 2009-11-09 23:42|| 2009-11-09 23:42|| Front Page Top

#6 Joseph, you tend to ramble and speak incoherently. I have very little understanding of what you talk about.

You must be new here...

Posted by badanov 2009-11-09 23:53|| http://www.freefirezone.org]">[http://www.freefirezone.org] 2009-11-09 23:53|| Front Page Top

23:53 badanov
23:50 Jame Retief
23:42 Jame Retief
23:04 Jame Retief
23:00 Old Patriot
22:44 Jame Retief
22:44 CrazyFool
22:38 Old Patriot
22:36 CrazyFool
22:28 Old Patriot
22:22 gorb
22:19 Old Patriot
22:08 Redneck Jim
21:59 swksvolFF
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21:55 gorb
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21:49 Shieldwolf
21:37 49 Pan
21:32 Pappy
21:32 Rambler in Virginia
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21:23 JosephMendiola
21:20 JosephMendiola