India & Gold

57loaded

and how it relates to world economy

and an argument for inflation....even with lower consumer demand for goods and services.

yeah it's pro-gold...does the reasoning for global inflation in the last third of the article make sense to most of you?

rgCoinGuy

OK first question for those in the know....

The article states: "That is especially true at a time when the world is holding its breath to await the Lehman implosion's second-round effects on the credit default-swaps market, when protection-sellers are forced to fork it over this coming Tuesday, October 21st."

That is tomorrow. Is this true, bets are due to be paid tomorrow? Any ideas who this will take down?

roadrunner

There was a list published on one of the other gold sites with approx 100 or more firms having to pay off in Lehman's failure. There were quite a few in the $100-$400 MILL range. I noted a couple of firms that didn't have enough equity to weather their hits.

And now that Tuesday has come and gone, was there any outcome or just another delay?

roadrunner