Monday, March 02, 2015 1:49:08 PM
By Chris Kimble | Commodities | Mar 02, 2015 03:31PM GMT
http://www.investing.com/analysis/gold--important-break-through-is-about-to-happen!-243567
Govt proposes steps to monetise gold, contain importsPTI -
New Delhi, 28 February, 2015
To curb gold imports and monetise large idle stocks of the precious metal,
Finance Minister Arun Jaitley today announced three schemes, including
redeemable gold bonds which will carry a fixed rate of interest.
The minister proposes to introduce a gold monetisation scheme, which will
replace both the present gold deposit and gold metal loan Schemes.
"The new scheme will allow the depositors of gold to earn interest in their
metal accounts and the jewellers to obtain loans in their metal account.
Banks/other dealers would also be able to monetize this gold,"
Jaitley said in his maiden full-year Budget speech.
India is one of the largest consumers of gold in the world and imports as much as 800-1000 tonnes of gold each year.
Read more at
http://www.thestatesman.com/news/business/govt-proposes-steps-to-monetise-gold-contain-imports/50357.html#KhUEZEBgfKJEJo7P.99
He concludes that Apple will need 746 tons of gold a year, or about 30% of the world’s annual production -
http://www.mining.com/apple-buying-a-third-of-worlds-gold-to-meet-demand-for-iwatch-14071/
the Apple GOLD demands may sky rocket GOLD POG ^^^^^^^^
The Cure That Will Shock The World – Reset Gold Price To $5,000 or $10,000!
Richard Russell Just Exposed A Coming Event That Is Going To Shock The World! -
February 25, 2015
http://kingworldnews.com/breaking-richard-russell-just-exposed-coming-event-going-shock-world/
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=111033548
GOLD Chart TI P&F TA Bullish Price POG Obj. $1570.-/oz 1st Target -
Ex. good management -
CALVF Chart TI P&F TA Bullish price objective $4.38 per share 1st Target -
CALVF - Africa's lowest cost gold producer -
doing very well -
Ex.
CALVF - NO DEBT - CASH >$27 million in London banks -
CALVF - Paying 8% Dividend -
CALVF - Gold produced @ $599/oz -
CALVF - Sold 51% of Blanket Mines for >$30 million -
- to mine workers and their community etc. -
CALVF - collecting 10% on the >$30 mil. to payed in full -
CALVF - Managing the Blanket Gold Mines -
http://www.caledoniamining.com/pdfs/Q3%202014%20Results.pdf
http://www.caledoniamining.com/index.php/operations/blanket-gold-mine
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=110308416
Gold & Silver is the only REAL Legal Tender -
by The Founding Fathers for your -
Rights, Liberty and Freedom -
http://www.biblebelievers.org.au/monie.htm
imo.
TIA -
God Bless
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