The most interesting part of the RBI gold story isn't the claim itself. It's how that claim was constructed in the first place โผ๏ธ
A decline in the reported value of reserves was treated as evidence of a massive gold sale, even though factors such as gold price movements, RBI's valuation methodology and reporting timelines seem to offer a far more plausible explanation
Bloomberg has developed a habit of pushing misleading narratives about India's economy. That's why claims like these deserve scrutiny instead of being accepted at face value simply because they come from a well-known publication
The most interesting part of the RBI gold story isn't the claim itself. It's how that claim was constructed in the first place โผ๏ธ
A decline in the reported value of reserves was treated as evidence of a massive gold sale, even though factors such as gold price movements, RBI's valuation methodology and reporting timelines seem to offer a far more plausible explanation
Bloomberg has developed a habit of pushing misleading narratives about India's economy. That's why claims like these deserve scrutiny instead of being accepted at face value simply because they come from a well-known publication
The Proof: May 22 WSS (The "Fake" Crash)
Between May 14 and May 21, global gold prices corrected heavily. Let's look at the delayed Thursday cutoff (May 21) for the next week's report:
May 21 PM LBMA Price: USD 4,505.25 per oz.
The 90% Valuation Rule: USD 4,054.725 per oz.
Calculation: USD 4,054.725 ร 28,309,375 = USD 114.78 Billion.
This math perfectly explains the USD 4.5 billion fall in the value of the central bank's gold holdings week-on-week.
A flawless mathematical match, without a single ounce sold!
Rajesh Exports fudged its numbers and got caught
How exactly does that prove India's GDP is fake?
GDP is built using multiple datasets across the economy, including consumption, production, GST collections, trade and surveys
If GDP was based on blindly accepting whatever companies reported, nobody would've spotted the discrepancy in the first place
Rajesh Exports fudged its numbers and got caught
How exactly does that prove India's GDP is fake?
GDP is built using multiple datasets across the economy, including consumption, production, GST collections, trade and surveys
If GDP was based on blindly accepting whatever companies reported, nobody would've spotted the discrepancy in the first place
Rajesh Exports fudged its numbers and got caught
How exactly does that prove India's GDP is fake?
GDP is built using multiple datasets across the economy, including consumption, production, GST collections, trade and surveys
If GDP was based on blindly accepting whatever companies reported, nobody would've spotted the discrepancy in the first place
CJP leader Harshit is asking people to bring pepper spray and sticks, talking about turning India into Nepal and calling it "do or die"
I'm pretty sure he'll be busy making videos about the "revolution" while others face the consequences of following his advice
CJP leader Harshit is asking people to bring pepper spray and sticks, talking about turning India into Nepal and calling it "do or die"
I'm pretty sure he'll be busy making videos about the "revolution" while others face the consequences of following his advice
CJP cockroach managed to fit three contradictory arguments into one answer โ
-Delhi Police won't give permission
-Permission isn't needed
-Delhi Police will give permission on the same day
At least decide which excuse you're going with before facing a journalist ๐ญ
CJP cockroach managed to fit three contradictory arguments into one answer โ
-Delhi Police won't give permission
-Permission isn't needed
-Delhi Police will give permission on the same day
At least decide which excuse you're going with before facing a journalist ๐ญ
Lalit Modi has been appearing on almost every major podcast. After spending years away from the public spotlight, this sudden media push feels quite deliberate
Usually, when someone starts doing this many long-form interviews, there's a bigger objective behind it
Could be image-building, could be legacy management, could be something else entirely!
Lalit Modi has been appearing on almost every major podcast. After spending years away from the public spotlight, this sudden media push feels quite deliberate
Usually, when someone starts doing this many long-form interviews, there's a bigger objective behind it
Could be image-building, could be legacy management, could be something else entirely!
#WATCH | On Rahul Gandhi, IPL founder and first chairman Lalit Modi says, "What I'm afraid about is that you have some people that I have upset and they are political. Whether they sit in the opposition or they sit anywhere else, they have an axe against me. And they also have a lot of clout... If you look at the parliament speeches of Rahul Gandhi, he always attacks me every time there is an election or some issue. Why am I being attacked by the Congress government?..."
Watch Full Episode Here: https://t.co/yBwHz5NMnc
@priyankac19 A company misstating revenue and an individual completing KYC are two completely different things... This criticism makes no sense! ๐คฆโโ๏ธ
SEBI detecting a revenue misstatement is evidence of regulatory oversight working
This is peak incompetent white pig behavior. Can't handle Indians doing better so they resort to tearing our flag and screaming like clowns
The crowd cheering just proves America's deep-rooted racism. Keep crying while India rises, losers!!
This is peak incompetent white pig behavior. Can't handle Indians doing better so they resort to tearing our flag and screaming like clowns
The crowd cheering just proves America's deep-rooted racism. Keep crying while India rises, losers!!
๐จ๐บ๐ธUS shows its ugly side of racism
A US resident was filmed tearing up an Indian flag outside City Hall while shouting, "F*** India" โ and onlookers cheered him on.
This is the country that lectures others on 'diversity' and 'tolerance.'
ANOTHER SHOCKER AFTER THE TCS CONVERSION CASE โผ๏ธ
A former Hindu Wipro employee has alleged that colleague Shahina Rafique pressured her to convert to Islam and pushed her into an inappropriate relationship with the Country Head
She claims that when she raised a complaint, HR Manager Zeeshan Ahmed threatened her and forced her to resign