First India Bans Cash, Now It's Targeting Gold
![First India Bans Cash, Now It's Targeting Gold First India Bans Cash, Now It's Targeting Gold](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/f579619849d40b4c03c1ab1794968aa5-600x270.jpg?itok=NjMrx_gn)
Authored by Jeff Paul via ActivistPost.com,
In November of last year, India banned certain cash notes in a bold move to force businesses into the banking system to better harvest more taxes from its livestock.
Now, under the guise of “improving transparency” and forming a “common market,” India has begun targeting gold with new taxes, regulation, and incentives for citizens to turn over their undeclared gold to the financial sector.