Miscellaneous News
- Thread starter bd popeye
- Start date
That's what I've read. What we call Hinduism today is essentially the Arya samaj movement, and was heavily infuenced by abrahamic belief.
I don't think Hinduism is a true religion anyway, it's more a political movement. It's one thing to believe in a god/creator as an abstract concept, but believing in a talking 6 armed elephant god...
Was the Thuggee cult ever popular in Bengal? I'm reading about them now and the parallels between them and modern Indian scammers is uncanny.
A funnier example is the Indian intervention in the Sri Lankan civil war. The Indian army went in as peacekeepers to help protect fellow Hindu Tamils against the "evil oppressive" Buddhists. The Tamil tigers hated the Indians so much they made a temporary alliance with the Sri Lankan government to kick them out.
In the future a supercomputer/AI combo will be developed and when it is turned on, it will be asked whether or not there is a God. And it will answer: "Well, there is now, mofos!".
Nice try, skynet.
Hold my baijiu.
"How can the net amount of entropy of the universe be massively decreased?"
Gold is more resilient due to people have lost faith in dollars or Western financial system. It has nothing to do with fundamental.
So what’s holding prices up?
Analysts point to a combination of voracious central bank buying – led by China – and investors that are still betting a US economic slowdown will be good for gold, even when the regular playbook says it’s time to sell.
“Our models told us it’s $200 too expensive,” said Marco Hochst, a portfolio manager at Berenberg. Yet the firm’s 319 million euro ($340 million) multi asset balanced fund which he helps manage is still holding about 7% of its assets in gold. “In our view the future looks much more attractive for gold.”
There are various different models or calculations to assess the fair value of gold — many analysts create their own — but at their essence most reflect the basic principles of where bullion is trading compared with real US bond yields and the dollar. Normally money managers would sell the haven metal as the dollar strengthens and the interest paid by other safe assets like bonds and cash rises.
So what’s holding prices up?
Analysts point to a combination of voracious central bank buying – led by China – and investors that are still betting a US economic slowdown will be good for gold, even when the regular playbook says it’s time to sell.
“Our models told us it’s $200 too expensive,” said Marco Hochst, a portfolio manager at Berenberg. Yet the firm’s 319 million euro ($340 million) multi asset balanced fund which he helps manage is still holding about 7% of its assets in gold. “In our view the future looks much more attractive for gold.”
There are various different models or calculations to assess the fair value of gold — many analysts create their own — but at their essence most reflect the basic principles of where bullion is trading compared with real US bond yields and the dollar. Normally money managers would sell the haven metal as the dollar strengthens and the interest paid by other safe assets like bonds and cash rises.