The Gold Bubble Pops

( Source ) The price of gold dropped $31 an ounce yesterday. Gold has dropped $400 since the summer. Gold still shows gains over one year ago. And of course people who bought gold at the prices that prevailed before 2008 can claim profits of 50% or better on their investment. (NB: The best …

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Written by David Frum on Thursday December 29, 2011

Anti-Corruption, Anti-Democratic

Or so goes Kapil Komireddi's assessment of a disturbing movement among understandably exasperated middle-class Indians: An unusual revolution is underway in India. Over the past 10 days a 74-year-old former soldier and social activist called Kisan Baburao Hazare has been on hunger strike, …

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Written by David Frum on Wednesday September 7, 2011

Palin Flops in India

If Palin's speech at a Delhi conference was intended to establish her foreign policy credentials, she failed. With due respect to aficionados of the emerging India-US alliance, it is difficult to see how New Delhi qualifies as an appropriate destination for a potential presidential candidate to …

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Written by Kapil Komireddi on Saturday March 19, 2011