Loading ...India’s government bans use of Rs 500 (~$7.50) and Rs 1,000 ($15) banknotes. Gold Soars.
http://www.zerohedge.com/news/2016-11-10/gold-price-skyrockets-india-after-currency-ban
At some places, it was sold for as much as US$ 2,294 per ounce. That is, if you can actually find physical gold — gold inventories at stores are rapidly depleting. All of this happened well before the international price started to move up because of the election results coming out of the US.
Last night (8th November 2016), India’s government banned the use of Rs 500 (~$7.50) and Rs 1,000 ($15) banknotes. This pretty much made most currency-in-use illegal. Banks and ATMs are closed today. The government believes that doing this will help eradicate corruption and push counterfeit money out of circulation. According to the Indian government, the counterfeit money tends to come from Pakistan and helps finance terrorism.
wow..I missed this…it got lost in the madness today…this is the beginning of a cashless society ?
A Cashless Society is a Bankers “wet dream.”
Solves the problem of a bank run because there is nothing to withdraw… More importantly, when cash is digital, the Bankers can then charge you negative interest rates on you digital balance.
Here is a good read from Forbes on the subject:
http://www.forbes.com/sites/rickungar/2015/05/14/the-cashless-society-contemplating-the-ultimate-surrender-to-government-control/#4d4d8b997025
And the banksters can just wipe you out over night if you are considered a “dissident”, which basically means if you dare question anything they say is the truth!! Welcome to 1984 or a Brave New World. Orwell and Huxley were not visionaries they were part of the establishment. Huxley’s brother was one of the leading lights in the eugenics program, what a delightful man!!
Sorry I should have finished, that in short they knew what the agenda was not forseeing it.