Gold is limited for everyone!!

Before anything happens, hide your hard earn money.

The question is very simple and interesting too. Did you ever think that why our Govt doesn't allow us to keep gold in large quantities and why you have to keep gold in banks' locker? 

If not start thinking, Govt doesn't want you to stand on your own feet. As long as you have gold, diamond, or other commodities nobody can destroy you. You have the power in your hand. Since these commodities in limited on earth so it's valuable. Please refrain from keeping your hard earn money in the form of cash in your banks. Keep it limited for your daily use. Instead invest in gold, silver, or in other forms such as land, share market, mutual funds which you think is safe. 

Below the reasons why govt has enough gold.

Gold has a value that paper currency doesn't have. 

Gold is more efficient than cash. The money in the bank earns nothing than gold. The gold remains its worth for a long period of time. It's actually stable in the market with little ups and downs of the market. Gold is stable as compare to cash lost its value over the period of time. The powerful countries have too much gold and their currencies become also strong in the market such as the USA, Germany, Italy, etc.

                                                                                                         

Demonetisation happens with money, not in case of gold.

The main reason why demonetization happens because govt wants to remove old currency to replace with the new one due to too much black money in the market, to prevent terrorism or to promote digitalization. And as everybody knows gold is gold we can't replace it. However, we can only exchange.

Illegal to keep gold at home before.

Gold was banned in the U.S from 1934-1974. It was illegal to keep gold as govt brought Gold Reserve Act-1934. All the gold coins were exchanged by $20 - $35 per ounce and certificates held by Federal Reserve. Similarly, you can read about the Gold Control Act 1968 in India. In India married women can keep up to 500gm, unmarried women can keep up to 250gm and men can keep up to 100gm as per Income Tax act 1961.

Digitalization is the future process to avoid cash transactions.

It's not going to happen soon but eventually, this too occurs in the future where we will have a chip in our hand, this will result that we could buy anything from home and even our passport details also mention too, and will not require any more carry our cards and other documents since our details are been taken by govt. If govt wants to deactivate your chip they will have full authority on it. Then we will not have any option to go against the govt bad decision. So better we will save properties or valuable things like gold, diamonds to save our children's future. And for poor people, they need to educate their children to become something in life to save themselves.

I will deeply discuss with you on this topic stay tuned.

I hope this blog helps you to think on it. I hope you are liking my blogs. Please share as much as my blog so that everyone knows the truth. Please feedback on your views.

POINTS TO REMEMBER ALWAYS

• Keep asking questions.
• Keep yourself up to date.
• Know Govt. strategies.
• Refrain keeping cash in hand too much.
• Save Gold, Silver, or other valuable items.
• Invest your time and money to secure your future.

Knowledge is the power to destroy your enemy.