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...investors who have recently piled into gold are looking for big gains, not insurance, and their involvement may guarantee that gold's price will be driven too high and then crash. But waiting in the wings is another set of market players who are likely to have more staying power: the central bankers. (See more about gold...

Author: /time Magazine | Title: All That Glitters | 12/7/2009 | See Source »

...been my life. And I love it enough to know when it's time to say goodbye," she said on her show, a tear brimming from each eye. "Twenty-five years feels right in my bones." Those might be her business bones she's feeling. As network-TV profits, power and growth drain toward the cable channels, Winfrey is shifting her attention to the Oprah Winfrey Network, OWN, which she plans to launch with Discovery Communications in 2011. The question is, Who is Oprah without Oprah? The show was monolithic in a way that's no longer possible, even...

Author: /time Magazine | Title: The Moment | 12/7/2009 | See Source »

...after winning fame for her portrayal of the goddess Sita, India's most revered symbol of womanhood, in a wildly popular television serial based on the Hindu epic the Ramayana. Hoping to copy her success, other political parties soon put up their own TV-serial candidates. Sita exerts tremendous power over Indian popular culture: she is the bane of feminists, the impossible ideal held up by disapproving in-laws and yet, for many women, an object of devotion. What political party wouldn't like some of that heady aura in the polling booth...

Author: /time Magazine | Title: Spice Girl | 12/7/2009 | See Source »

...White House and the difference couldn't be more palpable. India's Prime Minister Manmohan Singh, the guest of honor at the first-ever official state dinner in the Obama era, was feted in an atmosphere of easy conviviality, surrounded by a bubbly cast of celebrities and power brokers who toasted the bonds between the world's largest democracies. (Read "Singh in Washington: Making the Case for India...

Author: /time Magazine | Title: Ties That Bind | 12/7/2009 | See Source »

...politicians skeptical of closer relations with the U.S. - his government was almost deposed by parties of the left protesting a nuclear-technology deal he concluded with the Bush Administration. But Singh staked his political reputation on the growing relationship. "Under Bush, India was being encouraged to be an Asian power," says Brahma Chellaney, professor of strategic studies at the Centre for Policy Research, a New Delhi - based think tank. Implicit in the Bush agenda was the idea of helping a rising India become a democratic bulwark against authoritarian China. Now, says Chellaney, "Obama sees things through a different prism...

Author: /time Magazine | Title: Ties That Bind | 12/7/2009 | See Source »

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