http://www.illuminatisilver.comhttp://www.facebook.com/illuminatisilverToday is Saturday 6th February 2016 and we are producing the fourth of our ‘subscriber videos’ – and it’s by Kabir and his article is entitled “Will India’s love for gold and silver slow down her economy?”
India is set to become the fastest-growing major economy as per the recent report by The World Bank. According to the Report, India’s Gross Domestic Product (GDP) is expected to grow by about 7.5 % in 2016. The growth of India’s economy is attributed to a combination of factors including RBI’s inflation focus supported by benign world commodity prices and strong government reforms.
For the Indian economy, the gold obsession is worse than a poor investment. Compared to purchasing bonds and stocks, parking money in gold slows down the country’s economic growth rather than stimulating it. At the same time, a growing trade deficit has been forcing the country to devalue its currency at about 10% annually for the last 2 decades. These plunging values scare people out of rupees and foreign funds out of India. This in turn translates into less investment and slower growth which weakens the rupee further.
Our view is that the Indian people have for centuries worshipped the ownership of gold and to a lesser extent silver. They see them as precious and of value throughout time. We have already witnessed the tiny take up of Government schemes encouraging the use of paper gold and suspect that the Indian people’s attitude will remain little changed.
Please view our recent videos:
Gold and Silver Update w/e 5th February 2016 - by illuminati silver
https://youtu.be/K9P6BuvGDi4US Job Figures for January 2016 fall well below market expectations
https://youtu.be/jyJ9Zn07iqcBank of England Holds Rates at 0 5% because of economic slowdown and low inflation
https://youtu.be/mkQZfYgDYWUChina to launch its own Government Backed digital currency in 2016
https://youtu.be/_jxfeE5vjFQWho really won Iowa - Cruz - No - Trump - No - Rubio - Yes
https://youtu.be/SCftCUn2xiYGold and Silver weekly update for w/e 29th January 2016 - by illuminati silver
https://youtu.be/hDrJrr0bPJoFed January 2016 announcement makes March Interest Rate rise less likely
https://youtu.be/nFOa6zo0KAERemember It's not all about numbers by David Pannizzutti - an illumnati silver subscriber
https://youtu.be/lTZSjQP-ROUWhy I Buy Silver in 2016 - An American Boomer's Perspective - by an illuminati silver subscriber
https://youtu.be/HctayjWa_WUThe Functionality of Full Reserve Banking
https://youtu.be/U29io8uyI60Gold and Silver Update w/e 22nd January 2016 by illuminati silver
https://youtu.be/mqZQlGCsGAMIlluminati Silver Launches New Face Book Page at www. facebook. com/illuminatisilver
https://youtu.be/1OpJr4aZd14This is Bill - Bill is Smart - Be Like Bill - Support illuminati Silver
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