:: Monday, March 15, 2010

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I was laid out on the couch, which I remember distinctly because my wife was yelling, “If you’re going lay down on the couch instead of doing something around the house to help me out, at least take your damned shoes off!” and I was using the remote to idly flip through the channels on [...]

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SEBI is pushing on the frontiers of enforcement in India. This is the order on Bank of Rajasthan.
I was surprised to see how small the market reaction was (this image is from Yahoo Finance):

What am I not understanding?

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Adrian Douglas of MarketForceAnalysis.com took a look at a summary of the goings-on at the Comex, and says, “the data reveals a very shocking trend. That is that the registered (dealer) inventory is being drawn down at a phenomenal rate. In silver the inventory has dropped by 24% in 6 months while in gold it [...]

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The gold bars filled with tungsten story is getting another run – see Zero Hedge and RunToGold.
Nick from ShareLynx Gold passed on to me today the following from the producers of the video (all personal info was removed by him before forwarding):
vielen Dank für Ihre Anfrage.
MANY THANKS FOR YOUR ENQUIRY
Das Video ist tatsächlich bei Argor [...]

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Vikas Bajaj in the New York Times on privatisation in India.
I had recently written a blog post on India’s foolishness on visa rules for people coming into conferences. Siddharth Varadarajan has a great opinion piece on this in [...]

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When one goes to buy gold they want real gold, not some cheap substitute like a fake tungsten gold bar. There has been a lot of rumor, neither credible nor verifiable sources, about bars containing both gold, the Ancient Metal of Kings and tungsten, the ‘heavy stone’.
Just like a $100 bill costs about $.04 to [...]

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Operating a website requires monitoring to make sure there are no problems but doing so can uncover very interesting nuggets of information. For example, on 24 February 2010 at 11:15 EST in the evening someone at Goldman Sachs Company in the main NYC office found RunToGold through Google by searching for the phrase ‘buying [...]

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It is a well known dictum in the context of economic analysis that you have to distinguish between stocks and flows and how focus on one instead of the other lead to misguided analysis. It is the same with growth and levels with the former defined as the growth from one period to another in [...]

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Anmol Sethy will do a talk on our work on testing, dating and monitoring exchange rate regimes at the R/Rmetrics Singapore Conference 2010, including some recent progress on parallel computation. For background, see this paper, which talks about the ideas, and the open source R package fxregime. This is now fairly mature work: many of the papers at [...]

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Read this interview in the Times of India with Steve Coll, and this Congressional testimony of his. If you haven’t yet read Ghost Wars, you should.
Vijay Kelkar’s recent speech on privatisation.
The comments on this [...]

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