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India's gold bond scheme is structured to cut demand for metal
10:30a ET Tuesday, September 15, 2015
Dear Friend of GATA and Gold:
Writing today for the newspaper DNA in Mumbai, investment adviser Harsh Roongta explains, if a bit inadvertently, how the Indian government's gold bond scheme is structured to reduce demand for the monetary metal and thus push its price down. Roongta's analysis is headlined "Gold Bond Scheme Comes with Attendant Costs" and it's posted at DNA India here:
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
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