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by panduranghari
15 Jun 2013 23:15
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

What does stree dhan mean? Again the majority of gold in India is bought as jewellery and given as dowry. The data is unequivocal on this. This is the effect of social pressure today or do you want to blame this one as well on Mahmud of Ghazni. And no amount of spinning is going to hide just how ba...
by panduranghari
15 Jun 2013 22:32
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

All debt should be weighed against assets. Debt should not be weighed against income only or at all. What are the assets of the the US & for that matter Indian government? ------------------------ Again, data indicates 50%-60% of gold buying in India is as jewellery that is then used during mar...
by panduranghari
15 Jun 2013 14:11
Forum: Science, Economics & Technology Forum
Topic: Oil & Natural Gas: News & Discussion
Replies: 1620
Views: 451055

Re: Oil & Natural Gas: News & Discussion

India can never be oil independant unless we invest in alternative technology. Modi has shown was with solar parks. If the govt can provide subsidy, they should subsidise solar panels. Let everyone generate electricity and sell excess to industry. That's what happens in Germany and they are not even...
by panduranghari
15 Jun 2013 03:56
Forum: History & Current Affairs Archive
Topic: Indian Economy - News & Discussion 27 May 2012
Replies: 3973
Views: 420701

Re: Indian Economy - News & Discussion 27 May 2012

The value of the currency will go up if we have money from outside coming in - via exports, investments, remittences, stocks - which will result in more demand for rupee ( to buy the dollars that is coming in ). High CAD is ensuring we have no dollar inflow. UPA is anti-business so that is driving ...
by panduranghari
15 Jun 2013 03:54
Forum: History & Current Affairs Archive
Topic: Indian Economy - News & Discussion 27 May 2012
Replies: 3973
Views: 420701

Re: Indian Economy - News & Discussion 27 May 2012

Theo_Fidel wrote:What does the CAD have to do with a recession?
Do you not know, considering you have been spouting your knowledge on this forum for longer than I.
by panduranghari
15 Jun 2013 02:40
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

panduranghari has his gold stashed in Swiss airport locker. :eek: Safer than your local bank in US. http://goldswitzerland.com/store-silver-and-gold-in-vaults-underneath-zurich-airport/ A vault located in a politically safe and economically sound country Vault storage outside of the banking system ...
by panduranghari
15 Jun 2013 02:39
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

This I agree with and that is why Gold is a hedge, not a singular source of growth medium in today's world. Agree 100%. However, we are not living in certain times. The uncertainty is so noticeable that to loose more money is not a good idea for me and my young family. 5 years ago in 2008 I did loo...
by panduranghari
14 Jun 2013 15:06
Forum: BR Nostalgia Archive
Topic: Statewide and National runup to 2014 General elections
Replies: 20717
Views: 2030683

Re: Statewide and National runup to 2014 General elections

^^ Also notice how the (f)article uses the term 'staged encounter' with the quotes or any qualification whatsoever implying it is a known fact that the encounter was 'staged'. I blame NDA govt from 1999 to 2003 for not taking the bull by its horns. Hopefully a nationalistic govt lead by Modi won't ...
by panduranghari
14 Jun 2013 14:37
Forum: History & Current Affairs Archive
Topic: Indian Economy - News & Discussion 27 May 2012
Replies: 3973
Views: 420701

Re: Indian Economy - News & Discussion 27 May 2012

disha wrote:I think India has hit stagflation. Next step recession.
Disha ji,

Unfortunately recession is a mild way to put it.

It will be depression.

Image
by panduranghari
14 Jun 2013 14:28
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

TSJones are you a paper bug? I am a gold bug alright but my understanding of paper market lead me to here. I used to loose money in stock market. I was competent enough to trade in warrants as well. The derivative bubble is now 3000trillion dollar big, do you seriously think the derivative market c...
by panduranghari
14 Jun 2013 14:25
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

Too many uncertainties and we won't see any Bancor or SDR or whatnot. Give me a plan and perhaps I will show you how it won't work. Yes the global economy will collapse and it should collapse. It's a debt based system which has a massive flaw. :rotfl: I am a gold bug alright but my understanding of...
by panduranghari
14 Jun 2013 00:29
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

Gold bugs have always predicted hyperinflation. it is their systemic totem. I have met several old timers when i was young that yearned for the return of the great depression when they could buy a steak dinner for one dollar and the US had a 26% unemployment rate! Never mind the fact that it was il...
by panduranghari
14 Jun 2013 00:21
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

Pandurang, you're not posting a radically new idea here. Hyperinflation as a possibility has been portrayed by gold bugs since 2008. It is now 2013. The difference between now and the weimar republic era is that debt is a part of every economy today except China which has a different problem of hol...
by panduranghari
13 Jun 2013 13:20
Forum: Military Issues & History Forum
Topic: Attention non-members and lurkers !
Replies: 414
Views: 1129366

Re: Attn non-members/Not Received Confirmation Email

agastya wrote:Thanks for activating my id mods. Very happy to join this forum after lurking for about 4 months.
I lurked for almost 4 years. Did not get time to post. Besides the gurus here are so much more knowledgeable than I am.
by panduranghari
13 Jun 2013 13:15
Forum: Trash Can Archive
Topic: Personal Health, Nutrition and Fitness Thread
Replies: 6544
Views: 32735

Re: Personal Health, Nutrition and Fitness Thread

more than the raw chicken / fish, its perhaps the rich gravies that go with them. and maybe you are avoiding burgers, pizzas, cokes , sugary shakes as well? Singa ji, Have you seen this O7ijukNzlUg Ever since I moved away from cooked food to eating raw vegetables, my health has improved. It was pro...
by panduranghari
13 Jun 2013 12:50
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

http://www.shadowstats.com/article/no-414-hyperinflation-special-report-2012 Background By 2004, fiscal malfeasance of successive U.S. Administrations and Congresses had pushed the federal government into effective long-term insolvency (likely to have triggered hyperinflation by 2018). GAAP-based (...
by panduranghari
13 Jun 2013 04:49
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

^^^^^^"And with this stage will come the hyperinflation in the prices of all other real goods as the US Fed frantically prints more dollars to pay the government's nominal obligations in addition to its hyperinflating daily expenses." mission of the federal reserve http://www.federalreser...
by panduranghari
13 Jun 2013 04:28
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

[quote="panduranghari] wrong. First come loss of confidence and only then comes the printing of money. Hyperinflation ain't printing of money causing increase in currency units. So good sir, what causes the loss of confidence?[/quote][/quote] Just a couple of images should explain this. http:/...
by panduranghari
13 Jun 2013 03:51
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

Apparently, he thinks that people can continue to use fiat for exchange of goods and services but keep it pegged to gold or keep the savings in gold. Basically an armchair general, nothing to see here. It is not him, me or you that is going to decide what the next monetary unit is going to be, like...
by panduranghari
13 Jun 2013 03:31
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

I am calling for separating unit of exchange from store of value function of money. right now its the same. later fiat as unit of account. gold as store of value. I'm not sure what your plan is, perhaps you can elaborate. I`m pretty sure you are proposing a gold standard, just that you are not awar...
by panduranghari
11 Jun 2013 22:09
Forum: BR Nostalgia Archive
Topic: Narendra Modi vs the Dynasty: Contrasting Ideas of India
Replies: 40179
Views: 3993221

Re: Narendra Modi vs the Dynasty: Contrasting Ideas of India

NDA needs oxygen from Advani: JD(U) We need to game the future of the Indian politics minus the NDA. Just thinking aloud, I believe, NDA will be disbanded soon. The new version cannot carry the baggage. Some may ask what's in the name. I say everything is in it. Currently NDA has a group of fence s...
by panduranghari
10 Jun 2013 15:11
Forum: BR Nostalgia Archive
Topic: Narendra Modi vs the Dynasty: Contrasting Ideas of India
Replies: 40179
Views: 3993221

Re: Narendra Modi vs the Dynasty: Contrasting Ideas of India

that columns of hindus and muslims marched through his state and slaughtered one another and all he can do say courts say i did all i can do is unacceptable. In any indian state if a riot starts then it is like a wildfire. There is absolutely not enough police force, state or central, to control th...
by panduranghari
09 Jun 2013 14:05
Forum: BR Nostalgia Archive
Topic: Narendra Modi vs the Dynasty: Contrasting Ideas of India
Replies: 40179
Views: 3993221

Re: Narendra Modi vs the Dynasty: Contrasting Ideas of India

Atriji posts have some put of the box thinking ideas. Seems to have seen the big picture. Whether by design or deceit, LKA seems destined to behave as predicted by Atriji. Hope he takes all the more muck till the remaining weeks/months and shield NaMo as long as it takes. For his services, can be m...
by panduranghari
08 Jun 2013 20:39
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

Classical hyperinflation is where a country's currency becomes worthless to the point that it would take a truckload of currency to purchase anything. Or, the currency is printed with astronomical values on thm. A million dollar note of currency for example. Wrong. First come loss of confidence and...
by panduranghari
08 Jun 2013 04:48
Forum: BR Nostalgia Archive
Topic: Narendra Modi vs the Dynasty: Contrasting Ideas of India
Replies: 40179
Views: 3993221

Re: Narendra Modi vs the Dynasty: Contrasting Ideas of India

Agreed. I also feel that RM may believe, like perhaps many, that unless the government decides to run with the plan to change the agenda to protect Dharma from assaults, the help should come direct from the government. BJP via MM Joshi caused bad blood in the Thai Sanskrit university fiasco . He cl...
by panduranghari
08 Jun 2013 04:04
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

Where do *you* think hyperinflation has occured? When you tell me that, then I will tell you what I think the concept of hyperinflation is. So it seems you are not sure of your understanding of this concept yet. To answer your question- the g20 countries are all hyperinflated in technical sense. My...
by panduranghari
07 Jun 2013 13:56
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

Any pearls of wisdom about expertise of rating agencies personnel, since the rating agencies must be having sharpest minds and years of experience?? Any pearls of wisdom about root cause of global economic meltdown?? What global economic meltdown would that be? The US is not experiencing one. Jones...
by panduranghari
07 Jun 2013 13:28
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

Yes there is a middle ground. You need to understand why we got where we got. The solution is already there. Its a unrestrained price of physical gold. It is allowed to float to what ever level it wishes to get to. I started off believing a gold standard was the answer. But I soon realized that jus...
by panduranghari
07 Jun 2013 12:33
Forum: BR Nostalgia Archive
Topic: Narendra Modi vs the Dynasty: Contrasting Ideas of India
Replies: 40179
Views: 3993221

Re: Narendra Modi vs the Dynasty: Contrasting Ideas of India

Actually, Rajiv Malhotra has never held a high opinion at all of BJP or RSS inspite of the fact that his views on religion automatically put him in opposition to the INC. So, it is indeed unusual for Rajiv to be explicitly supporting Modi. A lot of folks who are not attracted to BJP are highly attr...
by panduranghari
05 Jun 2013 20:11
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

TSJones wrote: And you base these pearls of wisdom upon......... your many years as a financial expert, right?
Not at all. I am no financial expert. I am no expert about anything. I am basing this purely on my understanding of the systemic faults which seem to have eluded the paid media.
by panduranghari
05 Jun 2013 18:31
Forum: History & Current Affairs Archive
Topic: Indian Economy - News & Discussion 27 May 2012
Replies: 3973
Views: 420701

Re: Indian Economy - News & Discussion 27 May 2012

Suraj, Sun is rising seven years early!!! India is probably the world's 3rd largest economy now:OECD India probably world's third largest economy: PTI | May 29, 2013, 10.36PM ISTLONDON: India has probably surpassed Japan to become the world's third largest economy after the US and China, Paris-base...
by panduranghari
05 Jun 2013 18:26
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

So often in financial and economic commentaries of ALL sort that propose a “solution”, the authors are strangely obsessed with the notion of replacing the dollar (as a reserve currency unit) with simply another institutional emission of similar ilk (such as currencies of other nations, SDRs, bancors...
by panduranghari
05 Jun 2013 18:16
Forum: Trash Can Archive
Topic: Perspectives on the global economic meltdown- (Nov 28 2010)
Replies: 4994
Views: 587605

Re: Perspectives on the global economic meltdown- (Nov 28 20

I wonder if there is any thing called as middle ground when it comes to reviving the economy , something different from Europen style Austerity and US style QE/Cash flow. Is it possible to have best of both or a middle ground ? Yes there is a middle ground. You need to understand why we got where w...
by panduranghari
05 Jun 2013 12:31
Forum: Trash Can Archive
Topic: Indo-UK News and Discussion - April 2013
Replies: 3962
Views: 623855

Re: Indo-UK News and Discussion - April 2013

i am not so sure, the british isles have a tendency to absorb outsiders - for the past several thousand years. even in recent times there have been many waves of outsiders who have come and been absorbed. sdre's are well on the way to absorption (in a peaceful way - despite early problems). the cur...
by panduranghari
05 Jun 2013 11:35
Forum: Strategy, Politics & International Relations Forum
Topic: Islamic Britain & The Compromised Western Civilization
Replies: 309
Views: 36983

Re: Islamic Britain & The Compromised Western Civilization

johann - i wonder if there might be a divergence between bangladeshi youngsters, particularly girls - from pakistani origin youth - particularly boys? Yes I think there's truth to that. But there's also a real difference between London and the now dead-end mill towns that so many Pakistanis settled...
by panduranghari
05 Jun 2013 11:20
Forum: Trash Can Archive
Topic: Indo-UK News and Discussion - April 2013
Replies: 3962
Views: 623855

Re: Indo-UK News and Discussion - April 2013

What are the chances and a time frame for a civil war starting in UK? UK is a tiny country! No civil war is going to happen. At the most right wing parties will have bigger say and see more attacks on non-whites (obviously includes non-muslims). Already I'm seeing lesser brown faces in tills and ot...
by panduranghari
04 Jun 2013 18:00
Forum: Strategy, Politics & International Relations Forum
Topic: India and Japan: News and Discussion
Replies: 2129
Views: 381363

Re: India and Japan: News and Discussion

http://www.telegraph.co.uk/news/worldnews/asia/japan/10098065/Japan-tests-310mph-bullet-train.html The new generation L0 Series trains, which employ the latest magnetic levitation technology instead of conventional wheels, will begin commercial services in 2027. The first five cars of the new train...
by panduranghari
04 Jun 2013 17:42
Forum: BR Nostalgia Archive
Topic: Narendra Modi vs the Dynasty: Contrasting Ideas of India
Replies: 40179
Views: 3993221

Re: Narendra Modi vs the Dynasty: Contrasting Ideas of India

true.. As far as I know, no such problems exist between RSS (top and bottom, whichever cadre you say) and NaMo. I will only say that NaMo has a very strong vipareeta rajayoga. Everyone is so far performing their roles as per the script. Your knowledge is simply amazing. From wiki Kalidasa in his Ut...