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Updates on the Indian government's war against gold
3:25p ET Tuesday, July 9, 2013
Dear Friend of GATA and Gold:
New obstructions to the gold trade imposed by the government of India have cut officially reported imports by 86 percent, a major Indian gold dealer tells Bull Market Thinking's Tekoa Da Silva today:
But Bullion Bulls Canada's Jeff Nielson notes the resulting surge in gold smuggling in India and says the official data is worthless anyway:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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