Minimize

Welcome!

Jayant comments on the Indian economy

Big Al
June 16, 2015

Click download link to listen on this device: Download Show

Discussion
4 Comments
    Jun 16, 2015 16:54 AM

    Why doesn’t Modi request Jaitley cut duties on gold…??!

    Jun 16, 2015 16:33 PM

    Al & Cory,
    Thanks for having Jayant on. I doubt the people of India would want the banks and government to encumber their gold. But India has been buying a lot of gold lately, and if they did have a gold fund with the citizenry, it might work good for both parties.
    The government has more gold to claim as an asset to back the currency, and the people make money on their holdings. Makes good sense to me…

    China is telling their people to buy gold as an investment. Meanwhile us Americans are told to buy vapor paper. Which one makes sense? I wish we had a product to house gold and get paid. But hey, that would make too much sense, right?

    A solid country is a citizenry with assets, thus backs the country as a whole. The simple truth is Americans and the leadership can’t seem to grasp that concept. Years ago it was the rule. ( post king and pre oligarchy )

    BTW: take a look at these two ( EPI ) ( INP ) pretty good buys right now IMO.

    Jun 16, 2015 16:28 PM

    Giant?

      Jun 16, 2015 16:52 PM

      JAYANT