About Half Of India's Physical Gold Holdings Outside India For "safe Custody",With BoE and BIS [294.14 T]!!!
It is reported that this Gold is misused for SWAP with other central banks,by the BIS to keep the US Dollar strong ad suppress the price of Gold.
BoE has refused to repatriate the Gold belonging to Venezuela[15 T].How can this be "safe custody",RBI?
Similarly a huge amount [US Dollars 140 Billion ] is in US Treasuries.
God Save India as this is a huge wealth transfer from India to the Bankers, USA,the UK and Switzerland.
Germany and Poland have repatriated their Gold with other Central Banks,like BoE and the US Federal Reserve.
Most Central Banks are buying Physical Gold due to fear of USA's sanction and Global Trade & Currency Wars.
It is reported that this Gold is misused for SWAP with other central banks,by the BIS to keep the US Dollar strong ad suppress the price of Gold.
BoE has refused to repatriate the Gold belonging to Venezuela[15 T].How can this be "safe custody",RBI?
Similarly a huge amount [US Dollars 140 Billion ] is in US Treasuries.
God Save India as this is a huge wealth transfer from India to the Bankers, USA,the UK and Switzerland.
Germany and Poland have repatriated their Gold with other Central Banks,like BoE and the US Federal Reserve.
Most Central Banks are buying Physical Gold due to fear of USA's sanction and Global Trade & Currency Wars.
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