Tag Archive: confiscation

Is the War on Cash Just Getting Started?

Several reasons have been put forth for the recent decline in gold. At the top of that list is recent dollar strength, higher stocks and rising interest rates. While all of these are legitimate reason for gold to come under some pressure, how about what recently took place in India? In case you have not already heard, India recently announced (on November 8th) that its 500 and 1000 rupee notes are no longer considered legal tender. While you might be thinking “so what?” if you... Continue Reading