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India shows hedge-fund savvy with huge gold buy
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Sydney Morning Herald
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November 04, 2009
Didnâ??t India get the memo? Developing nations are supposed to keep their excess cash in Treasuries, the US president and his Treasury secretary are no doubt thinking. Gold? That relic of the past that doesnâ??t pay interest or dividends and canâ??t be eaten? A foolâ??s game best left to the dinosa...
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