Top 10 countries slammed by the crash of gold

1. USA Holding > 8500 tons of gold

10. India                 550 tons of gold held by the government

The appetite of individual investors in India is negligible compared to the holdings in the soverign  countries. Per capita a US citizen holds Gold more then any India citizen.

The crash is gold is a reminder to everyone that the middle class gets crushed whenever bubbles are created and gold is no exception. Full article here

The US government controls everything, Gold, the fiat currency, crude oil prices, interest rates, nuclear arms, defence technology, everything in short which is of any significant importance. Everythign else they are happy to outsource to countries down the totem-pole

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Around 1.20 lakh flats lying locked in Goa: Manohar Parrikar

PANAJI: Almost 23 per cent of houses inGoa are lying locked as buyers are not staying there, Chief Minister Manohar Parrikar told the Legislative Assemblytoday. 

"Out of the five lakh flats constructed in the state, around 1.20 lakh are locked; either it is a second home or buyer is not living there," Parrikar said. 

The chief minister said this trend is putting a strain on infrastructure as "only 8 per cent of the total land amounting to 30,000-40,000 hectares is available for development. We need to ensure that some land should be preserved for posterity". 

Parrikar said Goa can not be a destination for alternate houses. 

Expect the BJP govt to take away the houses from the Russian mafia sooner or later. 

Everyone is waiting for a change in the central government before implementing their own personal agenda.  Economic Times article here

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