Sunday, December 4, 2016

Devastating Collapse Looms As India Sees The Price Of Gold Selling At A Jaw-Dropping $1,600 – $3,000

The official spot price of gold matters little (currently $1173/oz.).  The "unofficial" (i.e. black market) price of physical gold in India is between $1600 - $3000/oz.--if one can get it.  The Indian government's ban on cash is having unintended consequences, as do most artificial interventions by governments and treasuries.

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