http://ift.tt/1Gu0UgJ
"As for the motives, we have covered them before, but here they are again: "the objective of the scheme is to mobilise gold, give a fillip to the gems and jewellery sector by making the metal available from banks on loan and reduce the reliance on imported gold."In other words, to take it away from the population.*And when this peaceful attempt at "remunerated" gold sequestration fails, the less "amicable" version of gold confiscation - usually involving threats of bodily harm and prison time - will emerge, as it always does when desperate economies scramble to force their population to stop saving (by buying gold), and start spending."
"As for the motives, we have covered them before, but here they are again: "the objective of the scheme is to mobilise gold, give a fillip to the gems and jewellery sector by making the metal available from banks on loan and reduce the reliance on imported gold."In other words, to take it away from the population.*And when this peaceful attempt at "remunerated" gold sequestration fails, the less "amicable" version of gold confiscation - usually involving threats of bodily harm and prison time - will emerge, as it always does when desperate economies scramble to force their population to stop saving (by buying gold), and start spending."
[text] Indians Urged To Give Up Their "Idle Gold" For The Good Of The Nation | Zero Hedge
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