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>> RESERVE BANK OF INDIA Latest News

MAY 20, 2015 - Zero Hedge

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In India, Gold Is Not Only Money But Now Pays Interest

Despite Bernanke's previous protestations that "gold is not money... it is tradition," it appears the Indian government - having come to the rapid realization that any attempts to thwart the use of gold as a monetary equivalent merely forced the people to hoard the precious metal in ever larger amounts and ever more shadow, un-regulated, ways - now has a ...

Tags: In India, Gold Is Not Only Money But Now Pays Interest,  Reserve Bank Of India Latest News

MAY 20, 2015 - Zero Hedge

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Where Does the Gold Trade Stand

  We have all read the latest crop of media articles challenging gold’s investment relevance. The typical approach to bearish gold analysis is to attribute hypothetical fears to gold investors, and then point out these concerns have failed to materialize. Sprott believes the investment thesis for gold is a bit more complex than simplistic motivations commonly cited in financial press. ...

Tags: Where Does the Gold Trade Stand,  Reserve Bank Of India Latest News

MAY 17, 2015 - Zero Hedge

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Belligerent US Refuses To Cede Control Over IMF In Snub To China

One story that’s been covered extensively in these pages over the past several months is the emergence of the China-led Asian Infrastructure Investment Bank. The bank began to attract quite a bit of attention in early March when the UK decided, much to Washington’s chagrin, to make a bid for membership. The dominoes fell quickly after that and within a ...

Tags: Belligerent US Refuses To Cede Control Over IMF In Snub To China,  Reserve Bank Of India Latest News

MAY 12, 2015 - Business Insider

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What are traders chatting about this morning? A global sell off... (DIA, SPX, SPY, QQQ, IWM)

Via Dave Lutz at JonesTrading, here's what traders are chatting about this morning.  Good Morning! Global Equity Futures are all lower, driven by the sharp selloff in Bonds - Ten-year German Bund yields, whose surge last week arguably sparked the acceleration of sovereign debt selling, are up 10bp to 0.70%, while Australian 10-years are up 19bp to 2.97% and Japan’s ...

Tags: What are traders chatting about this morning? A global sell off... (DIA, SPX, SPY, QQQ, IWM),  Reserve Bank Of India Latest News

MAY 04, 2015 - Business Insider

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Emerging market economies have this one last chance to get it together

This is it. The end of a remarkable boom in investing in emerging markets.  In the coming months economists believe that countries like India and Brazil will need to get their houses in order to survive this dramatic change in the way money has been flowing around the world. For years, emerging markets around the world have found themselves in ...

Tags: Emerging market economies have this one last chance to get it together,  Reserve Bank Of India Latest News