Ganesh Rathnam

"Make no mistake, this supposed 'containment' boondoggle was yet another bailout of the world's largest banks. A majority of the PIIGS's debt is held by large French and German banks."

Bailouts cause malinvestments that lower real output, beginning the cycle again. This cannot continue forever: it will eventually result in a runaway-inflationary depression.

India's ancient and deep religious traditions, combined with a plethora of historical, cultural, and practical reasons, have fostered an unflinching desire to acquire gold as a means of protecting one's wealth.