Welcome back to the loop, Loj. We were worried about you.
Those poor Indians gold bugs:
"The seizure of smuggled gold has surged 365% in the April to June quarter of this financial year, thanks to the incessant restrictions on the precious metal. Margins for smuggled gold have also jumped, beating other smuggled items like sandal wood and ketamine drugs.
Revenue authorities have seized gold worth $9 million in one quarter, as compared to $2 million in the corresponding period of last year (between April to June)."
Also, I never like Dennis Gartman, now he admits his mistakes on a gold and equities calls- could not happened to the better guy.
