Gold Deposit Scheme,has been announced by the NDA from/in, May 2015.
The Cabinet considered approving the same,on 23/7/15.And then started the vicious attack on Gold,calling it "unproductive".But the Derivatives,are the ones which are,really UNPRODUCTIVE. causing liquidity problems and ushering in Deflation and Global Depression,due to LESS demand,as evidenced by the confiscation of wealth by QEs,NIRP and ZIRP.Such a confiscation of wealth[Gold] has happened only during and after the so-called Great Depression,in the USA.
Will be updated.....
The Cabinet considered approving the same,on 23/7/15.And then started the vicious attack on Gold,calling it "unproductive".But the Derivatives,are the ones which are,really UNPRODUCTIVE. causing liquidity problems and ushering in Deflation and Global Depression,due to LESS demand,as evidenced by the confiscation of wealth by QEs,NIRP and ZIRP.Such a confiscation of wealth[Gold] has happened only during and after the so-called Great Depression,in the USA.
Will be updated.....
