All eyes are on the Indian government's attempts to reduce gold imports and tackle a growing trade deficit but with 18,000 tonnes of gold already within it's borders could there be unexpected consequences?
Thursday, 5 April 2012
I bought gold yesterday
Despite a great deal of uncertainty about my investment rationale, I bought some gold yesterday afternoon. I did it without consulting previous agonies over action vs inaction or anything else other than the price had fallen below a level that had caused me to think about it earlier in the day.
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