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If you are in any way interested in precious metals, you need to see what today's video sponsor, Monetary Metals, is doing with them at the link below: http://www.monetary-metals.com/Snider/ RBI went full-blown shock and awe. Yet another major global central bank previously fixated on "inflation" abruptly and aggressively joining the race to the bottom. For India, it wasn't heavy rate cuts this time. Indian Officials said they want to shore up confidence; OK, so how bad is confidence if they fell "shock and awe" is necessary to shore it up? Eurodollar University's Money & Macro Analysis BBC India central bank delivers sharp rate cut as growth and inflation fall https://www.bbc.com/news/articles/c62vdq6g945o Times of India https://timesofindia.indiatimes.com/business/india-business/bank-loans-to-nbfcs-slows-sharply/articleshow/121557368.cms https://www.eurodollar.university Twitter: https://twitter.com/JeffSnider_EDU |