Hi Biggle’s and all,
No time for conspiracy theories; however, there is still plenty of funny business to go around.
By the way how about dropping the derogatory term Gold Bug after all we don’t go around calling people Stock -Roaches.
The Indian government may not have lowered the Gold duty; however, I dare say these kinds of prohibition will in the longer term be no more successful than the USA Booze Ban of the 1920-30’s.
“India seizes record haul of smuggled gold outside airport.”
http://in.reuters.com/article/2015/02/24/india-gold-smuggling-idINKBN0LS1U220150224
http://www.ndtv.com/topic/gold-smuggling
Will the mighty US dollar remain supreme much longer one wonders!
http://investmentwatchblog.com/china-has-announced-plans-for-a-world-currency/
Cheers and very best regards: Andy