November 26, 2016

Privately Held Gold is a National Asset

http://www.businessinsider.in/After-demonetization-India-may-impose-curbs-on-domestic-gold-holdings/articleshow/55617870.cms?utm_source=newsletter&utm_medium=referral&utm_campaign=Weekly_BI_Newsletter

India has the World's largest holding of privately held gold.

This is , also , a National asset which comes in handy at the times of National emergencies like in 1962 China War , 1993 foreign exchange crisis etc, when common Indians gave their personal Gold to the Govt.

No comments: