
EPI: INDIA BUYS MORE GOLD AND CHANGES TAX STRUCTURE TO COUNTER U.S. TARIFFS
By Nigam Arora India remains the best long term opportunity outside the U.S. Buying Gold We wrote in the Morning Capsule: India bought 39 tonnes of gold and reduced U.S. Treasury holdings from $242B to $227B. As we previously shared with you, foreign central banks are rebalancing their holdings and deprioritizing