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.
http://kingworldnews.com/a-devastating-collapse-looms/
Sunday, December 4, 2016
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment