Friday, May 22, 2015

Should You Monetize Your Gold?

Narendra Modi government has launched a new scheme of "Gold Monetization" [sic]. We all know that the Indian government, whether of Manmohan or Modi, has waged a war against Gold since long. This scheme is yet another weapon of government in that war. In my latest economic report I analyze this scheme and its realities. I also, briefly, discuss what Gold actually is.