Indian Rupee collapses, 18% loss since May 2nd.

[Large Sarge]

http://www.zerohedge.com/news/2013-08-19/indian-rupee-collapses-worst-day-20-years

[Spectrism]

THis is why they had the increased interest in buying gold. They could see their currency becoming worthless. They are surely not going to want to hold onto the fine rupee anymore. Lose it as quickly as you can in favor of a wealth-retaining asset. We are fortunate not to be at the front of that execution line. We get to watch and slip out the side while the crowds enjoy the show.

[General of Darkness]

Great, more cheap shit from India.

[Large Sarge]

I consider India kind of "the edge of the empire" (U.S./U.K./Israel)

and India is collapsing,

also add in S. Arabia siding with Russia on Egypt, instead of backing the U.S.

again, edge of the empire, and signs it is collapsing

[Ponce]

For those who were ready, by holding PM, it only means that the same has gone up 18%....or more.

V