What Do They Want?
If you want to test your gag reflex, watch the following speech by US Commerce Secretary Gina Raimondo:
She is the commerce secretary, @SecRaimondo. She has no grasp of reality and perhaps no honor. If you want a cringe-fest, watch this. pic.twitter.com/8KX7aVCHtc
— Jayant Bhandari (@JayantBhandari5) April 17, 2023
Is she and the Americans behind the India policy that naive about India? India is falling apart and is increasingly supplying refugees to the West. At best, the Biden administration is trying to manipulate Modi’s fragile, petty ego. Is that to position India as a counterweight to China? Even there, the Biden administration would be naive. The gap between India and China continues to widen. China keeps infringing on what India considers its territory and building villages there. Apart from making bold statements on TV, India does nothing.
Then, the German ambassador to India, Dr. Philipp Ackermann, fawned over India. He complained about a very perceptive and accurate cartoon that Der Siegel had published. He is also playing a political game based on their naivety:
Apple just opened its first shop in India. Then CNN started fawning over India. Not to be left behind, Bill Gates congratulated Modi for giving his 100th monologue—Modi does not give interviews or take questions from journalists.
It is perhaps easier to understand the motivations of Apple, Gates, and CNN. Maybe, Apple wants to show Wall Street analysts that there is still growth in Apple stock. Alas, India is one of the poorest nations. Among the minority that can afford iPhones, no Indian auntie worth her salt will want to buy in India and indirectly confess that she does not go to London for her weekend shopping.
I wonder if there is a connection between this sudden increase in cringe-worthy fawning over India by the Western governments, the Western media, and big corporations. My Indian friends and I smell something sinister. I hope India does not become another Ukraine.
Maurice Jackson and I recently talked about the upcoming digital currencies and how devastating the loss of US moral authority will be for the Third World. I also spoke about a horrible accident in Indore (MP, India) and my recent experience with the politicians and bureaucrats in MP (India), where the mafia is ever-present in the government. The only thing that changes when you go higher in the hierarchy is the quantum of bribes:
Aztec Minerals (AZT; $0.31) drilled bonanza grade silver (112 oz/t Ag over 1.52 m, and 23 g/t Au-equivalent over 1.52 m) at the Tombstone project in Arizona. They are continuing drilling, and more results are awaited. On what is known, my back-of-the-envelope calculation gives me at least 0.5 million gold ounces at each of their two projects. I would accumulate on any weakness.
Disclaimer: All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, or stock picks, expressed or implied herein, are for informational, entertainment, or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies. The sole purpose of these musings is to show my thinking process when analyzing a stock, not to provide any recommendations. I will not and cannot be held liable for any actions you take resulting from anything you read here. Conduct your due diligence, or consult a licensed financial advisor or broker before making any investment decisions. Any investments, trades, speculations, or decisions made based on any information found on this site, expressed or implied herein, are committed at your own risk, financial or otherwise.