May 22, 2015
https://www.facebook.com/mehtarahulc/posts/10152787193581922
Consider the FRAUDULENT Gold Monetization Scheme.
.
Say temples are forced to give 1000 tonne of gold = approx Rs 300,000 crore (*) to SBI ., with promise to return 1060 tonne after 5 years
.
SBI will use the gold to pledge against FDI , FII , forex debt
.
If there is dollar repatriation crisis, gold will be gone to USA / Europe.
.
Say after 5 years, in year 2020 , gold prices double to Rs 6000 per gram. THIS IS POSSIBLE.
.
Then whereTH will get SBI get Rs 600,000 crore + Rs 36000 crores to buy gold and repay gold from? And if SBI tries to buy so much gold, then gold prices will sky rocket.
.
Even if gold prices rise by 50%, then where will SBI get Rs 450,000 crores from?
.
IOW, Gold Monetization Scheme is NOTHING but SBI is gambling on gold prices !!!
.
This is what all dharmika that was taught at RSS morning shakha --- use PSU banks to gamble on gold !!!
.
Solution ---- please focus on law-drafts to reduce inefficiencies / corruption / nexuses / nepotism in judges / courts / IAS / IPS / administration etc by law-drafts like RTR , JurySys, wealth tax etc. This will add to REAL MANUFACTURING.
.
Please focus on law-drafts to reuce govt control over temples. The Govt is using its control over temples or THREATENING temple owners to take over temples to get their gold.
.
Please oppose this gold gambling scheme aka gold monetization scheme.
.
Please order YOUR MP via SMS to cqancel gold monetization scheme, And pls order YOUR MP via SMS to print law-drafts like RTR , JurySysm wealth tax etc.
.
(* calculations
.
1 gram of gold = Rs 3000
.
1 kg = Rs 30 lakh
.
1 tonne = 1000 kg = Rs 30,000 lakhs = Rs 300 crore
.
1000 tonne = Rs 300,000 crore )
.
https://www.facebook.com/mehtarahulc/posts/10152787193581922
Consider the FRAUDULENT Gold Monetization Scheme.
.
Say temples are forced to give 1000 tonne of gold = approx Rs 300,000 crore (*) to SBI ., with promise to return 1060 tonne after 5 years
.
SBI will use the gold to pledge against FDI , FII , forex debt
.
If there is dollar repatriation crisis, gold will be gone to USA / Europe.
.
Say after 5 years, in year 2020 , gold prices double to Rs 6000 per gram. THIS IS POSSIBLE.
.
Then whereTH will get SBI get Rs 600,000 crore + Rs 36000 crores to buy gold and repay gold from? And if SBI tries to buy so much gold, then gold prices will sky rocket.
.
Even if gold prices rise by 50%, then where will SBI get Rs 450,000 crores from?
.
IOW, Gold Monetization Scheme is NOTHING but SBI is gambling on gold prices !!!
.
This is what all dharmika that was taught at RSS morning shakha --- use PSU banks to gamble on gold !!!
.
Solution ---- please focus on law-drafts to reduce inefficiencies / corruption / nexuses / nepotism in judges / courts / IAS / IPS / administration etc by law-drafts like RTR , JurySys, wealth tax etc. This will add to REAL MANUFACTURING.
.
Please focus on law-drafts to reuce govt control over temples. The Govt is using its control over temples or THREATENING temple owners to take over temples to get their gold.
.
Please oppose this gold gambling scheme aka gold monetization scheme.
.
Please order YOUR MP via SMS to cqancel gold monetization scheme, And pls order YOUR MP via SMS to print law-drafts like RTR , JurySysm wealth tax etc.
.
(* calculations
.
1 gram of gold = Rs 3000
.
1 kg = Rs 30 lakh
.
1 tonne = 1000 kg = Rs 30,000 lakhs = Rs 300 crore
.
1000 tonne = Rs 300,000 crore )
.
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