A Bloomberg Report says that the RBI may have sold $12 billion worth of gold reserves in May, to bolster foreign exchange reserves. The RBI denied doing this. PIB, a government agency also refuted the claim saying that the RBI gold reserves have remained unchanged. But the gold sales figures they have provided is only upto April, whereas the alleged sale was executed in May. Also the RBI generally updates its gold reserves figure every 7 days but has not done so recently since April. Why? Furthermore if Bloomberg is wrong why does not the RBI sue it for defamation? This is not a small accusation. If Bloomberg's accusation is true, does this not amount to selling the country's mangalsutra or what's worse its future security? Who is really stealing from India, but always pointing fingers at others to distract? While this government loots India, the Ramchandra Guhas will distract you with talk about Rahul Gandhi, who by the way is the one who has been warning us of the loot and plunder since 2014. The government must come clean.
