u/Adventurous-Loquat30

RBI trading in comex?

This might sound like a ridiculous idea but what if India bought up a idea like handing over all the gold owned by citizens.

Imagine 1 billion population each owns like a bare 30 grams. Thats 30 billion grams of gold. Which is roughly 30k metric tonnes of gold that is more than any big banks in comex.

I think india can get to a better position in this global crisis if played right. Im no genius in this but if anyone have any insights about this please weigh in.

reddit.com
u/Adventurous-Loquat30 — 4 days ago