Monday, September 17, 2012

The Gold With the RBI And The Gold Tungsten Scam.....

   While the Gold with the RBI,is being Audited for QUANTITY,so far there is no information regarding the PURITY of "THIS Gold",in view of the scam pertaining to Salting of Gold with Tungsten,from the 1980s......Why this is so?The DENSITIES of Gold and Tungsten are almost THE SAME,while their prices have a very HUGE difference......India needs to assay the Gold,by:-
1.Drilling a hole in ALL the samples.That is the entire quantity.
2.By melting
                It is noteworthy that after M M Singh became Finance Minister in the 1990s,India swapped her Gold with that of BoE[47 MT] and UBS[20MT]. India also bought about 200 MT of Gold from the IMF,in 2009,the same year the Fiscal Deficit was kept DELIBERATELY HIGH,with stimuli to the indian and Foreign Oligarchs worth LAKHS of CRORES of RUPEES.It is noteworthy,that the Global Financial Crash concurred in 2008!A starnge fact is that during all these Gold transactions M M Singh has been in influential positions.M M Singh is also a former IMF employee!!!A person,similar to M M Singh in many respects sold the Gold of a Western Nation when the price was $250 per US Oz!!!
To be continued.......

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