Nov 3rd, 2009 - Boston
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WASHINGTON—The International Monetary Fund has sold 200 metric tons of gold worth $6.7 billion to India's central bank as part of an effort to shore up IMF finances and increase low-cost lending to developing countries.
The amount represents almost half the total sales volume of 403.3 metric tons approved by the IMF in September, the lending organization said Monday, a decision anticipated for more than a year and discounted by gold markets.
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Gold hits new high on India deal
Nov 4th, 2009 - BBC NEWS
The IMF plans to sell more than 400 tonnes of gold
The price of gold has touched an all-time high after a large sale of the precious commodity by the International Monetary Fund (IMF) to India.
Gold struck a high of $1,095.05 an ounce in London...Gold hits record high on India purchase
Nov 3rd, 2009 - FT
Gold prices on Tuesday surged to an all-time high after India’s central bank bought 200 tonnes of the precious metal, swapping dollars for bullion as the country’s finance minister warned the economies of the US and Europe had “collapsed”.
Buffett And India See A Dim Dollar Future
Nov 3rd, 2009 - Forbes
You might think that Warren Buffett's $34 billion bid for the rest of Burlington Northern Santa Fe ( BNI - news - people ) is the most eye-catching investment decision of the day...Feds: Chicago men discussed terror attack in India
Nov 3rd, 2009 - AOL News
CHICAGO -Two Chicago men charged with scheming to launch a terrorist attack on a Danish newspaper also discussed an attack on a military college in India, federal prosecutors said Tuesday. Prosecutors made the allegation in court papers as U.S...
Sanofi wants to double vaccine business-paper
Oct 31st, 2009 - Reuters
FRANKFURT, Oct 31 (Reuters) - Sanofi-Aventis (SASY.PA) wantsto double its vaccine business in the next five years, its chiefexecutive told a German newspaper on Saturday. "We want to double it in the next five years...
Related videos from YouTube:
- Economy in Suspense mode...www.berninger.de link to Treasury into FED balance sheet (30 min) www.goldseitenblog.com Job of Central banks is not to buy gold - so when they do, like the Central bank of India did then we see a massive paradigm shift
- India's gold rush - Your...Astaire's Deepak Lalwani tells Robert Miller why India's central bank loves gold.
- Peter Schiff on Gold, India...Don't invest in treasuries. Go for gold. Subscribe to www.youtube.com dditional keywords sarah palin john mccain education economy bush friedman hayek ludwig von mises institute immigration ...
- Reserve Bank of India buys...The Reserve Bank of India (RBI) said it had bought 200 tonnes of gold from the International Monetary Fund (IMF) for around $6.7 billion. The deal would take RBIs gold holding to the 10th largest among central banks.
