http://www.illuminatisilver.com http://www.facebook.com/illuminatisilver Today 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/K9P6BuvGDi4 US Job Figures for January 2016 fall well below market expectations https://youtu.be/jyJ9Zn07iqc Bank of England Holds Rates at 0 5% because of economic slowdown and low inflation https://youtu.be/mkQZfYgDYWU China to launch its own Government Backed digital currency in 2016 https://youtu.be/_jxfeE5vjFQ Who really won Iowa - Cruz - No - Trump - No - Rubio - Yes https://youtu.be/SCftCUn2xiY Gold and Silver weekly update for w/e 29th January 2016 - by illuminati silver https://youtu.be/hDrJrr0bPJo Fed January 2016 announcement makes March Interest Rate rise less likely https://youtu.be/nFOa6zo0KAE Remember It's not all about numbers by David Pannizzutti - an illumnati silver subscriber https://youtu.be/lTZSjQP-ROU Why I Buy Silver in 2016 - An American Boomer's Perspective - by an illuminati silver subscriber https://youtu.be/HctayjWa_WU The Functionality of Full Reserve Banking https://youtu.be/U29io8uyI60 Gold and Silver Update w/e 22nd January 2016 by illuminati silver https://youtu.be/mqZQlGCsGAM Illuminati Silver Launches New Face Book Page at www. facebook. com/illuminatisilver https://youtu.be/1OpJr4aZd14 This is Bill - Bill is Smart - Be Like Bill - Support illuminati Silver https://youtu.be/-G6EjOCRXTc
Visibility: 1090
Duration: 11m 55s
Rating: 55