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India Slashes Gold, Silver Taxes and Apple's New Flip-Phone

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Housekeeping: Good Morning.

India is printing fiat explicitly to buy Gold and Silver now

Today:

* Commentary: Indian Gold demand, and Foldable Phones

* Premium: The India/China Gold Cooperative

Equity Recap:

US equities mostly fell on Tuesday amid a slew of corporate earnings reports.

Premium Markets:

India slashes import tax on gold, silver

A few days ago we described why it is extremely significant that India’s Gold demand has been inelastic for the last 3 years in India Needs The Gold. Today Reuters…

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