India’s central bank is likely to join counterparts in Russia and China scooping up gold this year, adding to its record holdings and lending support to worldwide bullion demand as top economies diversify their reserves.
Turkey
Trump Wants Saudi Arabia As An Ally Despite ‘Vicious’ Khashoggi Murder
Gold Silver Reports (GSR) – Under pressure to punish Saudi Arabia for Khashoggi’s death inside the Saudi consulate in Istanbul on Oct. 2, Trump questioned the alleged role of Saudi Crown Prince Mohammed bin Salman, who is known as MbS and is the kingdom’s de facto ruler.
Damage Control In Saudi Arabia May Not Be Able To Stop The Capital Outflow
The Saudi stock market is in turmoil. Investors are losing their confidence and pulling money out of the country. The disappearance of journalist Jamal Khashoggi, which has brought Saudi Arabia under the spotlight, proved to be a major market event. President Trump vowed “severe punishment” if the journalist was killed. Initially, the country’s Crown Prince, Mohammed bin Salman, denied knowledge about this death.