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We all know how important for the physical gold market huge demand from India is.
I believe the following should have all investors in gold - gold anything - concerned.
"Gold Price Skyrockets in India after Currency Ban – Outright GOLD BAN Next?
India’s Prime Minister announced on 8th November 2016 that Rs 500 and Rs 1,000 banknotes will no longer be legal tender.
Expect a continuation of new social engineering notifications, each sabotaging wealth-creation, confiscating people’s wealth, and tyrannizing those who refuse to be a part of the herd, in the process destroying the very backbone of the economy and civilization.
There are clear signs that in a very convoluted way, possession of gold for investment purposes will be made illegal. Expect capital controls to follow. Chaos from people’s inability to access the money in their bank accounts is now spreading to the people who have so far been unaffected: the middle class.
The full read is at http://www.silverdoctors.com/gold/g...ia-after-currency-ban-outright-gold-ban-next/
By Jayant Bhandari
