3-26-2014 Newshound Guru Kaperoni So you have the MPs on TV saying it cannot wait
till after elections...you have the CBI buying gold...basically in one
month, they doubled their gold holdings...you have the CBI consultation
back on (after it was postponed)...you have banks holding 3 zero notes...There is no logical explanation to not issue
larger currency at the current exchange rate unless their is some plan to raise
the exchange rate against foreign currencies soon...and Yasiri [He an MP and on finance committee]
said...there is a tendency to launch the Prime Minister 's initiative...he backs what the IMF
states...gradual appreciation. The IMF documents on exiting closed monetary
policy exchange regime, to flexible exchange regime (float) stocking gold is
important part. [post 1 of 2....stay tuned]