@@georgebenson6330 60 trillion dollars fool, as estimated by U.S Economists. That's why u have a rich country with such good Infrastructure built over 200 yrs. U arrogant Ingrate.
you cant just print dollars and then declare that our economy is 35trn dollars, dollar is overvalued it has to go down if not today tomorrow for sure, an economy growing at zero or negative rate its currency cannot stay at the top its common sense
you cant just print dollars and then declare that our economy is 35trn dollars, dollar is overvalued it has to go down if not today tomorrow for sure, an economy growing at zero or negative rate its currency cannot stay at the top its common sense
@@Daffodil956350 tons In kune April India took 100 tons of gold and now in dusra they took another 100 tons In 2027 it would be less than 50 ton It does not even need 2027 by looking at the speed of RBI
some is required as collateral for international trade but the majority of gold should be moved to India as soon as possible--i hope our finance ministries will not sleep on this.
@@Daffodil956 It was stored there alternatively it could be NYC It was for fast easy to liquidate for currency for imports th-cam.com/video/26ProKXH7sk/w-d-xo.htmlsi=GwxaMJWoKWeAtiP3
@@Daffodil956 Because the Bank of England doesn't have the gold. It was sold when Britain needed funds to run the government. To satisfy India's repatriation of gold, the Bank of England has to buy the gold or use other countries gold deposits in the bank to ship to India. It's the same as Fort Knox there little gold there.
India should repatriate the rest if its GOLD because nò place is more safe than HOME Russia learnt the hard way when Britain freoze its assets in UK including Gold Reserve
That is the plan..slowly everything will come back.. Unless they refuse to give it. Then it will be as good as gone.. but that also means other countries will start taking away their gold and there might be a collapse.
congress is islamic and monghals continuation----just go and do your research. cuahul gaaandi is the last descendant of babur's line thru some of his harem wives....no wonder he has a hatred for Marathi culture and people as these were the brave and Sanatani Marathas who defeated and neutralized the monghal islamic invaders, looters and chor.
@maskyb3509 only in your dreams. It still rules in a few states right now and is the only alternative to the BJP in the center. Sad but it's the harsh reality!
@@FreeYourImagination There is no positive alternative in the centre to BJP, especially when it comes to the economy. Have you once heard of Congress' plan to enlargen the pie? Their whole idea is just textbook socialism to redistribute all the wealth by heavily taxing the rich, chasing away investors, companies, factories and the rich and bringing India back to the dirt poor times of pre 2014. And let me tell you, there is NEVER NEVER NEVER a good ending to socialist policies. Socialism is why India was poor for so long. And lets not forget, without the UPI system that the BJP helped bring into reality, the poor would be lucky to get 10% of the money that was allocated for them in Congress wealth distribution plans.
The BRICS countries are recovering their gold before the international bankers convert over to digital currency. It's a smart move. Digital currency gives these bankers total control over monetary transactions in all countries that are participants.
If you want to buy a lot of digital currency when it's new and it's going to be permanent having a lot of gold as collateral seems wise, especially with gold peaking and the digital currency at a potential all time low.
@@Madasin_Paine you're not paying attention. The banks will convert everyone's money to digital that they control. Not Bitcoin. No cash anymore. The BRICS countries don't want that. Do some research. Expect the government to outlaw private ownership of gold.
Britain looted for 300 years and cheated 5000 tons gold also at the time of independence and barking about giving aid to poor India. Congress under Nehru and Co would have striked a deal. Nothing should be left outside our territory not even one ounce
you cant just print dollars and then declare that our economy is 35trn dollars, dollar is overvalued it has to go down if not today tomorrow for sure, an economy growing at zero or negative rate its currency cannot stay at the top its common sense
@@rameshjogiya4025 it was Maratha who put down the Mughal, before Maratha can solidify power the British started winning with the help of Mir Jafar in Bengal which destabilized Maratha and their internal conflict started, British took opportunity and started gaining areas by treacherous means.
Coz indians don't trust thr currency too many fake fake 500 paper by the govt...if they distroyed all the fake paper lottery..... India wd B way richer that any country
I figure some day they will shut you down for telling the truth. Just want you to know, your efforts have not been lost on us. You have awakened many people. Thanks Mario. You have a heart of gold! ❤
The 5 Eyes game in play Australia trying to pass the MAD bill as 🇬🇧 🇨🇦 have done and Israelistan🇺🇸 is trying to. _Misinformation and Disinformation_ it will make saying anything opposed to government or media propaganda a criminal offence regardless of whether the information is accurate or not.
@@ricksemeniuk629how fast do u want to see the breakdown of so called rules based order that is being preached around the world? .....errm "yes" is your answer I guess 🤷🏻♂️
$440 billion in today's value. Just ~10% of India's GDP today. Yes, a lot of money, but we'll got over it - add it to $60 trillion looted over 150 years, converting an economy that was 24% of global GDP in 1750 when Robert Clive rolled into town, to 3% of global GDP by 1947 when Mountbatten finally departed. But oh yes they "gave" us the railways, and dont forget cricket.
@@anarchyishere8312 lmao now it's 60 trillion???. Bro you guys keep on inventing new numbers 😂🤣😂 Your GDP share doesn't show that indians nominal GDP was still increasing.
@@sanketnegi1 That's not the point, it was made out that only countries India have homeless people & countries like UK & US are squeaky clean on that front.
I think I would also tell any country that has gold in the USA to get it out ASAP as the US gold holdings have never been audited either, despite being asked by senators time and agen.
It’s not. Unless you understand gold markets, international trade etc and why countries keep resources in other countries it’s hard to grasp why it’s beneficial to keep certain things in certain locations
Your friend congress did that... I know in your mind you are fantasy this was done by BJP... Like all leftist and ghaadi dukars like you think in same fantasy all the time.. for you religion is fanatism even if it's harmful to nation.. and BJP scapegoat.. even if does lot good for your community.. you people always have gun against it
British empire was built with loot from India. They won WWll with Indian money and resources. Now they don’t have that and see the condition of Britain. It’s hollow. Power and prosperity based on loot and exploitation doesn’t survive for too long. May be Americans might want to learn a lesson from this.
Over the past 25 years alone, India has imported approximately 17,500 tons of gold @ 700 tons per annum of official gold imports, with exports limited to jewelry and medallions/coins, constituting just 10% of imports. With estimates suggesting that Indian households, high-net-worth individuals, and institutions (mainly religious bodies such as temples) collectively possess over 25,000 tons of physical gold, valued at approximately $19 trillion, it is evident that gold plays a significant role in the nation's economy. (Source-Business Today April 25, 2024)
India did not keep gold in bank of England out of trust or love. The gold was looted in 1991 from india, for exchange of aid which India needed badly to survive at that time. After india and its partner USSR lost the cold war. That gold is being repatriated back now, not because India has built new storage facility domestically, but because India has now enough pressure points to pressurize England to give it back. Otherwise who returns gold willingly , when its looted already. This is the ugly world we live in and it is going to be more ugly. There is nothing called human rights and freedom. All are fairy tales. The reality will struck all, the moment third world war starts.
India lost the cold war??!! 🤣🤣India was never part of any cold war. Besides, no one lost the cold war to start with, just because Soviet Union broke up because of internal issues and traitor Gorbachev, doesn't mean it was linked to anyone's success. Don't paddle Western narrative and propaganda.
@vipulgupta Fighting a war does not mean just attacking a foreign country. Protecting a countries own sovereignty and economy from a foreign harmful country is also a war that needs fighting. India in the 70s and 80s was doing just that. Almost every other country was involved in cold War, direct or indirect. That is true only if you believe that war is not fought in battlefield only and that there are other dimensions of a war. Just like now! We are in the middle of cold War 2.0 , yet you do not realize it. And this time too India is in the Soviet camp!! Just like the previous one. India was never non-alligned. We are fighting right now as we speak!!!. In other dimension of wars of course. The bankruptcy of India in 1991 was linked to the economic fall of Soviet Union of at that time. AND there was a winner too!! Guess what... It's USA. USA ruled unchallenged , commiting mayhem and attorocities around the globe till 2008 when it's economy broke and China Rose. If we have a winner of any war, you should acknowledge a looser too. This is called history.
@@sg4250 Clearly you are quite deep into your own universe and a narrative which has been paddled deep into your brain, I don't want to waste my time arguing with such people. I have already spoken what I wanted to. I am sure you must be imagining that you are fighting a war with me right now, which you would now consider as won 🤣🤣🤣🤣🤣🤣, and ya since so many people are linked to me so they also effectively lost that war to you, but that is your own world, in my world there was no war 🤣🤣🤣🤣🤣.
US and UK gov't bonds have already begun their gradual collapse to zero. The turn was 4.5 years ago. Bond owners have lost 70% of their investment already and there is lots more loss to come! As the US and UK are totally insolvent and hopelessly bankrupt.
there is no path, those who tell you the truth will put evil in it. Nobody is totally right or wrong. We all are liars, even the good people. No good or bad paths, just suffering as you walk till you eventually fall and never get up again ...
china also kept it's gold at bank of England up until 2006. I guess there must be some kind of geopolitical pressure on the countries by the US and west to keep their reserves their and only powerful enough countries can breakthrough that pressure. Either way by my calculations, now only 200 or so tons of Indian gold remains outside of India and it will too be recalled soon. Either way I hope the gold recalled from england is tested thoroughly. What must have prompted India now would be how bank of england took the gold belonging to Russia and Venezuela.
NEVER understood why ANY COUNTRY would let another hold their gold, silver, etc! The US UK would NEVER LET INDIA, CHINA, RUSSIA, OR EVEN THE EU hold their metals!
They were the world’s currency and to participate in world trade you needed the English pound. 100% of my paychecks are automatically set to a bank and I use the banking system to buy almost everything and pay my bills. I carry very little on me.while I don’t use much paper US currency, I own no currency from India, China, or Russia, because I don’t use them to purchase things or pay bill. To assist India with international trade they keep gold with the USA, Switzerland, and the UK.
@Robert-fx3ng Keeping your money in another man's pocket is not how free men behave. Stock up on dry goods and water. That way when the rationing hits, you won't have to ask permission to have food. A full stomach will make you a more useful slave your your government.
Makes no sense. If that's the case, why not have reserve accounts in pounds or dollars? Why gold and not dollars which is worldly accepted and easily convertible for international trade? The true reason is either they're getting interest paid on blue gold account or it's just safer to physically keep it in London instead of Delhi. Some countries due to instabilities and ever changing regimes, do not trust their politicians and fly by nights regimes with their own gold, that probably would end in a Swiss bank or dictator's chateau in the Alps.
India didn't trust , the West bullied India, the partition of India, created so much chaos that even today, we Indians face consequences. Even if India wanted to claim all the gold in 1947, India was too weak ,they would have sanctioned and destroyed India. Only in 2024 India has become a strong country and now can negotiate with an equal footing.
Couple of years ago, some folks in Oz tried to find out how much gold of ours is being stored there....I don't recall a clear answer ever coming out about that...I think they mis-placed it somewhere...Never mind we got lots in the ground...
India's gold or silver or any kind of reserves should stay only in india It would be better if india build underground bunker for gold reserves to create more safety for indian gold.
Correct But Bank of England is Folowing the UK Government. Bank of England refused to give Back Venezuela Gold to Venezuela. What is this telling you 😂😂😂😂
Presumably it is expensive to move gold round the world and to store it securely, which is why it tends to stay in the same place irrespective of the owner.
@@sunilsethi2982 it's not really Dozens of websites and videos have debunked the claim. Lmao What's funny is the fact that the number was calculated by a Marxist anti hindu professor and indians believe in it !!!
Thanks mareo for this great content once again God bless you have a great weekend ahead stay safe and see you in the live stream on Sunday looking forward to it
Thanks a lot for this video. Just heard an other video yesterday, where a man talked about UK might be the first country to collaps. That's what he thinks. I started to buy gold in 2007 and further on, when american banks collapsed (Bear Sterns, Lehman Brothers, Fanny May etc.) The physical gold price has more than doubled since then. My Dad said in the 70's, after Richard Nixon killed the Gold standard, that the credit expansion is going to have a bad end, and we are fully in it. We live in very interesting times.
I started buying in January 2008 just after getting laid off from my job of 14 years before Christmas. The price back then was around $950 per ounce. It had a few down years, but has climbed back up significantly. I stopped buying in 2020 because the price was getting too high. Right now my total holdings have an average gain of 90% from their purchase prices. I had some silver, platinum and palladium also, but sold it all and am now gold only.
Thanks for the informative video, yours was the first video I came across to learn about the repatriation from, and it was more well put than any media channel.
BRICS wants to build a new currency. It is also worth noting that gold has historically been used as a store of value and a means of exchange, and some countries still hold significant amounts of gold in their reserves. However, it is unclear how a new currency backed by gold would function in the current global financial system and whether it would gain widespread acceptance. Ultimately, any decision to create a new currency would be subiect to numerous economic, political, and logistical considerations.
It's interesting to learn more about the discussions and proposals around BRICS nations and their potential use of gold. There are several reasons why people may choose to buy gold, including its historical use as a store of value and means of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities. Additionally, gold can offer diversification benefits to investment portfolios, as it tends to have a low correlation with other asset classes like stocks and bonds. However, it's important to note that investing in gold carries risks and may not be suitable for evervone. and investors should carefully consider their investment objectives, risk tolerance, and financial situation before making any decisions.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
‘’Marisa Michelle Litwinsky’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for this tip. it was easy to find your coach. and I conducted thorough research on her credentials before scheduling a call with her. Based on her résumé, she appears to possess a high level of proficiency, and I am grateful for the opportunity to speak with her.
For anyone looking. As of today, India still has 324 tonnes of its gold stored in the vaults of the Bank of England and the Bank for International Settlements (BIS), both based in the UK.
Very good indeed Mario! interesting info very few people are aware of. Glad that a certain chancellor clearly hadn't been watching this channel, wink, wink.
It is true. For countries storing Gold in the UK should be weary of loss of control. On the other hand, storing their gold in their own countries, for some countries, can be risky if the political situation of that country is unstable. The same argument can be used in personal cases. If the neighborhood you live in becomes unstable and unsafe, having your precious metals in your residence can become a risk and it may be time to seek a secure storage facility.
Mortgage rates are currently at an all time high since 2000(24 years) and based on statistics on inflation, we might see that number skyrocket further, a 30-year fixed rate was only 5% this time last year, so do I just keep waiting for a housing crash before buying or redirect my focus to the equity market
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Can you provide instructions on how to contact your advisor? I'm experiencing erosion of my funds due to inflation and looking for a more profitable investment strategy to make better use of them.
It seems to me that Australia would be the perfect place to store gold. They control the entire continent and can't be invaded by land. They should repatriate all foreign held gold immediately.
I was reading a book called Conjuring Hitler a few months back but I found it so fantastical that I put it aside. Now I'm not so sure and have started reading it again. It's about great power politics and the containment of Russia going back two hundred years.
Its all about usury, interest and banks holding power. Modern day slavery, that has lasted 2000 years. Pharoah's slaves only had to pay 20% of their harvest. How much do we pay back in our labor, 40, 50% total?
@@JCS1964-i7wThe Austrian painter was brought to power and subsidized by Western banking interests. You need to understand the Hegelian dialectic and how it’s been used throughout history to bring about their agenda. Western banking interests also subsidized the Bolsheviks to create the adversary to the west. They needed the big bad boogeyman in order to extract wealth from the laboring masses to again bring about their agenda. One World totalitarian socialist government. Total control.
"When I heard Gottfried Feder’s first lecture on “Breaking the Slavery of Interest”, I immediately knew that this was a theoretical truth which was of huge importance for the future of the German people. The separation of finance capital from the national economy made it possible to oppose the internationalization of the German economy without threatening national self-preservation. I saw Germany’s development much too clearly not to have known that the hardest struggle would have to be fought against international capital and not against hostile people. In Feder’s lecture, I heard a mighty rallying cry for this coming struggle. Subsequent developments showed how right our feeling was. Today, we are no longer laughed at by our deceptive, privileged-class sly-boots politicians. Today, if they are not deliberate liars, even they see that international finance capital not only took the lead in nurturing the War, but especially after the struggle has ended it is doing everything possible to make the Peace into a Hell. The struggle against international finance and loan capital interest has become the most important point in the program of the German nation’s economic independence and freedom. For those practical people who may object, I offer these answers: All apprehensions about the economic consequences that would follow the abolition of the slavery that results from interest-based financing capital are not valid because in the first place, the economic principles that we have previously followed already proved to be quite disastrous to the interests of the German people." [ My Struggle by AH / Ford Translation / page 138 ]
A serious sign of economic decay began with the slow disappearance of personal control over property and the gradual transfer of the entire economic system into the hands of stock-controlled corporations. Labor had become an object of exploitation and speculation for deceitful stockbrokers with no conscience. The transfer of property from the wage- earner to the financiers grew out of proportion. The stock exchange began to triumph, and slowly but surely, started to take the life of the nation under its protection and control. The German economic system had already started down the road of internationalization when it began issuing shares of stock. German industrialists made a determined effort to save the system, but it eventually fell before the united attack of money-grabbing financiers who fought this battle with the help of their most faithful friend, the Marxist movement. Marxism launched a constant and visible war on German heavy industry to turn it into an international business. This could only be accomplished through the victory of Marxism in the Revolution. As I write this, the attack has succeeded against the German Government Railways, which are now being handed over to International financiers. This “International Social Democracy” has once more accomplished another of its great objectives. We can see how far this attempt to make “economic animals” of the German people succeeded from the fact that after the war, one of the leading minds of German industry, and especially of commerce, said that only economic improvement could possibly put Germany on her feet again. This nonsense was spouted at the same time by France who was restoring the German education system, a “humanitarian” gesture, in order to promote the belief that the nation and the State owe their survival to economics and not to eternal values. This remark of Stinnes (Hugo Stinnes, a German industrialist and politician of extensive wealth) regarding commerce as the only savior for Germany caused incredible confusion. It was picked up at once by all the babbling and idiotic bums Fate had unleashed on Germany as “statesmen” after the Revolution. [ My Struggle by AH / Ford Translation / page 150 ]
The Bank of England has Australia's gold too, as our ponzi Reserve bank can't account for it after shipping it there, probably melted down by now and sold in the black market.
Great media article. 5000t is a lot. How exactly did you come up with that number - what was your rate of convertibility used and why? I think its important to explain this for improved credibility.
The Indian leaders who kept tones of Indian gold in UK Bank were foolish. It shows their incompetence of their leadership. Thanks Modi ji for trying to bring it back.
U read indian history then understand why the gold kept there it's 1991 country near bankruptcy so RBI borrow dollar by deposit gold in bank of England
@@rajibchakroborthy4181Nah! It had nothing to do with the loan. Loan was paid way before. It was just a "storage service" that the Bank of England provided and India paid for their services. Now we have seen that the West has frozen all the assets of Russia because Russia went against the West. So if any country goes against the West its assets will be frozen. And India is part of BRICS and BRICS is working on a payment system which will be backed by gold.
You gave it to the wrong people, Indians won't even make 3% of your total population. Stop fooling around and read more stats. The ones that are there are highly skilled, they are either doctors, engineers or working for big companies. They contribute to the economy not like freeloaders like your elderly or refugees.
Now we see how the uk foreign aid budget is used to compensate India for the gold the uk kept from them. And why the calls to scrap the foreign aid budget hold not happen. The foreign aid budget is really loan repayments on debts which have been kept from the public. They were not allowed to know just how bankrupt the uk was after ww2.
THe connivance of the UK and US to stop the exchange of sterling to dollars. I suppose: India was paid back in pounds that could not be exchanged for dollars? How would that work in practice? I do not think that it could.
my personal opinion is that most of the gains in the stock market over the years are because of inflation. Stocks went up , more because they are traded in dollars than because of economic growth and profits. I do believe the Dow/gold ratio will adjust, but I tend to believe that it will adjust by bigger upward movements in gold. Just my 2 cents worth, and I am usually wrong.
That and look at all the employees and employers contributing 401k’s directly into wall street’s market with massive penalties to stop. It’s a cash cow pipeline directly swelling their coffers every payday. Brilliant if you’re an evil fat bastard banker sitting at the top collecting. And don’t forget the interest created on all the fake money they pull out of their butt. Soon a days wages will buy a loaf of bread
For safety reasons when a regime is corrupt. Like most of the world's poorer nations, when the regime collapses they can flee to the safe country holding their stolen wealth. It's why those nations will forever remain poor and chaotic. The uk doesn't ask questions! Neither do Switzerland.
An easy question to pose when we live in settled countries Sir. If a country should be prone to invasion, as in 1965 with India, or coups etc, then extraterritorial storage makes sense. Cheers
The world is eyes wide shut and has been for a long time now. Vert insightful and you’ve reaffirmed my long held belief that there’s no such thing as a trustworthy bank or government.
@@oomz1975Nah! It had nothing to do with the loan. It was just a "storage service" that the Bank of England provided and India paid for their services. Now we have seen that the West has frozen all the assets of Russia because Russia went against the West. So if any country goes against the West its assets will be frozen. And India is part of BRICS and BRICS is working on a payment system which will be backed by gold... These are two major reason.
First west looted India, now the call Indians poor
Completely correct.
Looted of what Precisely ?
@@georgebenson6330 Gold
@@georgebenson6330
60 trillion dollars fool, as estimated by U.S Economists. That's why u have a rich country with such good Infrastructure built over 200 yrs. U arrogant Ingrate.
@@webdevelopmeny8999 The people of this Country UK, own £3 Trillion National Debt, so it is others you seek.
The bank of England stole Venezuelas gold
You mean the former British Empire
STOLE gold from Korea, Iran, Iraq, Libya, and Afghanistan.
Now let's get to stolen gold from those South American countries 🤬🤬🤬 ....
@@zeeone4492 former british empire and london built on indian looted money then 😢
That's what the British are good at. Looting from others.
Individual people took it though. The United States has missing gold also. It didn't go to a country it went to a person.
Funny isn’t it , giving the biggest thieves to care for your valuables .😂
you cant just print dollars and then declare that our economy is 35trn dollars, dollar is overvalued it has to go down if not today tomorrow for sure, an economy growing at zero or negative rate its currency cannot stay at the top its common sense
you cant just print dollars and then declare that our economy is 35trn dollars, dollar is overvalued it has to go down if not today tomorrow for sure, an economy growing at zero or negative rate its currency cannot stay at the top its common sense
Absolutely correct...The British did the same to the state I belong..
If that was actually true India wouldn’t of kept its gold in the Bank of England initially.
@@alverzenongkhlaw5688which state if you can share...we need to build global unity against all their fake narratives.
470 tons of Indian gold with Bank of England ! It need to be taken back
How many of our countrys still outside India
Why can't they shift it immediately 😢
@@Daffodil956350 tons
In kune April India took 100 tons of gold and now in dusra they took another 100 tons
In 2027 it would be less than 50 ton
It does not even need 2027 by looking at the speed of RBI
some is required as collateral for international trade but the majority of gold should be moved to India as soon as possible--i hope our finance ministries will not sleep on this.
@@Daffodil956
It was stored there alternatively it could be NYC
It was for fast easy to liquidate for currency for imports
th-cam.com/video/26ProKXH7sk/w-d-xo.htmlsi=GwxaMJWoKWeAtiP3
@@Daffodil956 Because the Bank of England doesn't have the gold. It was sold when Britain needed funds to run the government. To satisfy India's repatriation of gold, the Bank of England has to buy the gold or use other countries gold deposits in the bank to ship to India. It's the same as Fort Knox there little gold there.
Hope they test the gold slabs on arrival.
Shouldn't they test the gold quality at the vault itself, when it is still in BoE? Can BoE be trusted?
Yes. You are right.
carbide slabs
"Gold" Bricking.
@@OakSantosh Answer: No BOE cannot ever be trusted.
trusting west is worst mistake you can make
shalom hallelujah amen
@@antoniograssi6385 In God we trust
Not the worst. That would be trusting a Chinese or a North Korean.
100% correct
Why would any country house their gold in a foreign-country ?
Especially a duplicitous state like Britain.
Or Russia!
@@John-FourteenSixSo tell us how Russia was duplicitous
Either give it to them or they come and take it
The gold was collateral for a loan from England. Loan paid back, so ... India takes gold back
@@John-FourteenSix Way safer in Russia than the Bank of England (House of Rothschild).
India should repatriate the rest if its GOLD because nò place is more safe than HOME
Russia learnt the hard way when Britain freoze its assets in UK including Gold Reserve
@@thisisthetruth2024 Repatriate n see it swindlered by their own non homogeneous leaders
Even gave Russian money to Ukraine. Effectively robbing the Russians.
That is the plan..slowly everything will come back..
Unless they refuse to give it. Then it will be as good as gone.. but that also means other countries will start taking away their gold and there might be a collapse.
@@sanketnegi1 If UK refuses to give back India's gold then there will be war
I don't think india will risk a war against nato. It's just not a good idea. Also we are on good terms with those countries. @@jamescaffrey7869
Wow another eye opener for us not to vote for Congress in India.
congress is islamic and monghals continuation----just go and do your research. cuahul gaaandi is the last descendant of babur's line thru some of his harem wives....no wonder he has a hatred for Marathi culture and people as these were the brave and Sanatani Marathas who defeated and neutralized the monghal islamic invaders, looters and chor.
congress is dead now
@maskyb3509 only in your dreams. It still rules in a few states right now and is the only alternative to the BJP in the center. Sad but it's the harsh reality!
@@FreeYourImagination how are a bunch of traitors any sort of alternative? It's a non-choice.
@@FreeYourImagination
There is no positive alternative in the centre to BJP, especially when it comes to the economy. Have you once heard of Congress' plan to enlargen the pie? Their whole idea is just textbook socialism to redistribute all the wealth by heavily taxing the rich, chasing away investors, companies, factories and the rich and bringing India back to the dirt poor times of pre 2014. And let me tell you, there is NEVER NEVER NEVER a good ending to socialist policies. Socialism is why India was poor for so long. And lets not forget, without the UPI system that the BJP helped bring into reality, the poor would be lucky to get 10% of the money that was allocated for them in Congress wealth distribution plans.
The BRICS countries are recovering their gold before the international bankers convert over to digital currency. It's a smart move. Digital currency gives these bankers total control over monetary transactions in all countries that are participants.
If you want to buy a lot of digital currency when it's new and it's going to be permanent having a lot of gold as collateral seems wise, especially with gold peaking and the digital currency at a potential all time low.
Yet another way to control people
@@Madasin_Paine you're not paying attention. The banks will convert everyone's money to digital that they control. Not Bitcoin. No cash anymore. The BRICS countries don't want that. Do some research. Expect the government to outlaw private ownership of gold.
china has moved entirely to digital there is no paper money left or gold in the economy , everything they use is digital
Putin told them so. They stole my money next time it will be your money stolen
Britain looted for 300 years and cheated 5000 tons gold also at the time of independence and barking about giving aid to poor India.
Congress under Nehru and Co would have striked a deal.
Nothing should be left outside our territory not even one ounce
You shut..
@shivakumar-xk1bd If u let others loot your wealth, then why blame others. At least, the British put down the Islamic looters. The tale goes on..
@@shivakumar-xk1bd All European nations looted the world, India just the bigger of the countries looted
you cant just print dollars and then declare that our economy is 35trn dollars, dollar is overvalued it has to go down if not today tomorrow for sure, an economy growing at zero or negative rate its currency cannot stay at the top its common sense
@@rameshjogiya4025 it was Maratha who put down the Mughal, before Maratha can solidify power the British started winning with the help of Mir Jafar in Bengal which destabilized Maratha and their internal conflict started, British took opportunity and started gaining areas by treacherous means.
Still india has 27000 ton gold in private ownership. Indian temples have enough gold and diamond to buy European countries.
More, the people of India, having more gold, traditional way of assets keeping.
@@user-fx2oo3bi9c Your thinking. Who knows??
@@rameshjogiya4025India imports nearly 700 tons of gold every year 😂
Coz indians don't trust thr currency too many fake fake 500 paper by the govt...if they distroyed all the fake paper lottery..... India wd B way richer that any country
In general 83% from physical gold is owned from dealers, industry and privat people.
Good decision by RBI to get back Gold from Bank of England.
We need 100% inside India
That gold need to be checked for inside
@ agree it may be hollow
Yes and move all the gold that belonged to South India to South India and all those gold which belonged to North India to North India.
@bobbypanda6685 only converts will follow u
Rest know ur true intentions of dividing India
Supposedly wealthy and 1st world stealing and robbing from the 'poor' 3rd world. Repatriate that most famous diamond, too. That's a badge of shame.
Kohinoor will undoubtedly return home one day.
@@daymay1066 no, the badge of Shame is your so called RIch aNd MighTy india getting conquered by a small island womp womp.
@@KaiMia-xc9lk Finders keepers, it's home isn't india now.
@@rob12x56 they were not “finders” they were thieves!
We'll see about that.@@rob12x56
I figure some day they will shut you down for telling the truth. Just want you to know, your efforts have not been lost on us. You have awakened many people. Thanks Mario. You have a heart of gold! ❤
I was thinking the same exact thing, "How can this Channel still be up ? " , especially being based in Great Britain !
Me thinketh at the., recent price of gold better not take the cardiologist advice regarding a.........transplant!@!?🤪😅😅
His channel is definitely being deamplified
Maybe when Mario gets to 2 million subs
The 5 Eyes game in play
Australia trying to pass the MAD bill as 🇬🇧 🇨🇦 have done and Israelistan🇺🇸 is trying to. _Misinformation and Disinformation_ it will make saying anything opposed to government or media propaganda a criminal offence regardless of whether the information is accurate or not.
Hope Bank of England is not sending Brass Bars instead of Gold Bars back to India ! Cant Trust anymore!
Cubic metre of gold weighs around 19 tonnes and a cubic metre of copper weighs just under 9 tonnes. Someone might notice a difference!
Modiji got goldsmith to take care of it😂
You don’t hold it you don’t own it
The other way around ; if you don’t hold it you don’t own it! Got it⁉️
Same with any savings you have in bank accounts
@@ricksemeniuk629how fast do u want to see the breakdown of so called rules based order that is being preached around the world? .....errm "yes" is your answer I guess 🤷🏻♂️
@@Mangobite9689your assumptions are based on what! Who make the f”kg orders & or rules?
Some f”kg potato head at FDC ? Or the WB or BlackRock, OR WEF?
@@Mangobite9689you guessed wrong troll
Never let a dog guard your stakes and sausages 😂
Especially when the dog is hungry and unfaithful.
$440 billion in today's value. Just ~10% of India's GDP today. Yes, a lot of money, but we'll got over it - add it to $60 trillion looted over 150 years, converting an economy that was 24% of global GDP in 1750 when Robert Clive rolled into town, to 3% of global GDP by 1947 when Mountbatten finally departed. But oh yes they "gave" us the railways, and dont forget cricket.
Did they give rockets , refineries, airplanes , ships ,..etc.,
They also gave famines, genocides and poverty for free
They also gave Andaman and northeast India which worth more than 60 trillion also helped to get rid of Bangladesh and Pakistan Cancerous parts
@@anarchyishere8312 lmao now it's 60 trillion???. Bro you guys keep on inventing new numbers 😂🤣😂
Your GDP share doesn't show that indians nominal GDP was still increasing.
@@ZuhaBuba yeah, right cause you never had any of those before right????
🙄🙄🙄🤡
That’s India’s own gold sir Indian paid money to keep safe
Stupid of them. But everyone has been robbing India since recent 1000 year history.
i lived 8 yrs in Manchester and saw mor3 homeless people there than in my hom3 town in Southern imdia
It's going to get significantly worse. I think we will see people starving soon.
To be fair big cities have more homeless people..
@@sanketnegi1 That's not the point, it was made out that only countries India have homeless people & countries like UK & US are squeaky clean on that front.
Karma calls.
Yeah mate , sure you did 😂😂😂😂
I think I would also tell any country that has gold in the USA to get it out ASAP as the US gold holdings have never been audited either, despite being asked by senators time and agen.
They’ve sold options on it all many times over.
India is getting out gold exactly cuz of the usa after what they did with Russia.
Itz total foolishness to keep Gold in USA UK or any other country
There are many fools in the world.
It’s not. Unless you understand gold markets, international trade etc and why countries keep resources in other countries it’s hard to grasp why it’s beneficial to keep certain things in certain locations
Your friend congress did that... I know in your mind you are fantasy this was done by BJP... Like all leftist and ghaadi dukars like you think in same fantasy all the time.. for you religion is fanatism even if it's harmful to nation.. and BJP scapegoat.. even if does lot good for your community.. you people always have gun against it
@@Statueshop297but nobody can trust US. They stole Russia's money and gave to Ukraine.
I don’t think they just keep it , most probably they get percentage.
British empire was built with loot from India. They won WWll with Indian money and resources. Now they don’t have that and see the condition of Britain. It’s hollow. Power and prosperity based on loot and exploitation doesn’t survive for too long. May be Americans might want to learn a lesson from this.
Lot of wealth in the UK is owned by indians.
Absolutely correct.
Even they fought two world wars with Indian menpower not their own.
@@borhanuddin9715
And also, they take great pride in exhibiting their loot, THE KOHINOOR !!
Apart from tea which has all ways been something purchased from a shop, we were all ways self sufficient and made everything ourselves !
India needs to test each of those gold bars to check its really gold.
I wonder if anyone utilizes the speed of sound to differentiate between gold and the tungsten and 3% platina mixture with the same density.
@@davidnoelfranks1124I'm Canadian. CHECK THE GOLD. Canadians have reasons we will stand with Russia against England.
Tungsten cores🤣
Absolutely correct. Each bar will be forensically tested.
So why is Canada & UK supplying Ukraine with weapons.
Argentinia will not get back the gold Form London.
Isn't that the nature of collateral?
Collision of collusion.
Milei is a 🇺🇸 👢👅
He sacked his Foreign Minister for voting to end the disgusting embargo against Cuba.
what gold ?
The small hat will pay out mili.
Venezuela too
Fiat=Lies Gold=Truth
Anyone got some change for a $2,741.55 note ?
Gold has no value, but what we give it
@@Czarwren you could use sand And we would all be trillionaires if we all agree to it !
@@marxman00 sand has no value never has
@@Czarwren Tell that to the ancient Egyptians !
Over the past 25 years alone, India has imported approximately 17,500 tons of gold @ 700 tons per annum of official gold imports, with exports limited to jewelry and medallions/coins, constituting just 10% of imports.
With estimates suggesting that Indian households, high-net-worth individuals, and institutions (mainly religious bodies such as temples) collectively possess over 25,000 tons of physical gold, valued at approximately $19 trillion, it is evident that gold plays a significant role in the nation's economy.
(Source-Business Today
April 25, 2024)
India did not keep gold in bank of England out of trust or love.
The gold was looted in 1991 from india, for exchange of aid which India needed badly to survive at that time.
After india and its partner USSR lost the cold war.
That gold is being repatriated back now, not because India has built new storage facility domestically, but because India has now enough pressure points to pressurize England to give it back.
Otherwise who returns gold willingly , when its looted already.
This is the ugly world we live in and it is going to be more ugly.
There is nothing called human rights and freedom.
All are fairy tales. The reality will struck all, the moment third world war starts.
India lost the cold war??!! 🤣🤣India was never part of any cold war.
Besides, no one lost the cold war to start with, just because Soviet Union broke up because of internal issues and traitor Gorbachev, doesn't mean it was linked to anyone's success. Don't paddle Western narrative and propaganda.
@vipulgupta
Fighting a war does not mean just attacking a foreign country.
Protecting a countries own sovereignty and economy from a foreign harmful country is also a war that needs fighting.
India in the 70s and 80s was doing just that.
Almost every other country was involved in cold War, direct or indirect.
That is true only if you believe that war is not fought in battlefield only and that there are other dimensions of a war.
Just like now! We are in the middle of cold War 2.0 , yet you do not realize it. And this time too India is in the Soviet camp!! Just like the previous one.
India was never non-alligned.
We are fighting right now as we speak!!!. In other dimension of wars of course.
The bankruptcy of India in 1991 was linked to the economic fall of Soviet Union of at that time.
AND there was a winner too!!
Guess what... It's USA. USA ruled unchallenged , commiting mayhem and attorocities around the globe till 2008 when it's economy broke and China Rose. If we have a winner of any war, you should acknowledge a looser too.
This is called history.
@@sg4250brilliant bro
@@sg4250 Clearly you are quite deep into your own universe and a narrative which has been paddled deep into your brain, I don't want to waste my time arguing with such people. I have already spoken what I wanted to. I am sure you must be imagining that you are fighting a war with me right now, which you would now consider as won 🤣🤣🤣🤣🤣🤣, and ya since so many people are linked to me so they also effectively lost that war to you, but that is your own world, in my world there was no war 🤣🤣🤣🤣🤣.
Listen to comedian George Carlin an American comedian on American rights and life.
Trust is eroding in many ways
It was never truly there. But they were powerless then
@ it wasn’t there between India and the UK but what trust between governments or in the government is eroding in general
LOVE to India 🇮🇳 from Pakistan 🇵🇰 Keep stacking! 🦾❤️
yep
Hey @PakistanZindaGood 👋 I saw your sweet message on @EconomicNinja video about depression - you’re an amazing person with a good heart ❤️
Hey @PakistanZindaGood - I saw your sweet message on @EconomicNinja sad video - you have a good heart TY for being so kind
Might is right. Power is moving east, and China, India others have an axt to grind with Britain.
@@Ofelas1 Likewise, and some of you live here!
UK , Canada , USA ... The most duplicitous countries in terms of trade ... It's a well known fact
US and UK gov't bonds have already begun their gradual collapse to zero. The turn was 4.5 years ago. Bond owners have lost 70% of their investment already and there is lots more loss to come! As the US and UK are totally insolvent and hopelessly bankrupt.
The gold has been switched to lead painted gold color when they get it back they'll find out that it's gone forever..
Their bonds is supported by printing $.
When you can print, you could never defaulted on the bonds.
Deflating its value, yes. But not defaulted. 🙏
@@Jocky8807 Soft default. Their long bonds have already lost 80% of their value in 5 years, on the way to 99.9% loss of value.
@davidrichards1741 yeah agree.
Value wise would drop to toilet paper. Used toilet paper. 🙏
EU, on the other hand, would face different issue.
@@Jocky8807 0h, EU has even worse issue?
That’s a new shock for me as an Indian…
Life is a TEST..Good Versus Evil..Time to choose your path, before its too late..🙏🌍
Which one is which?
We have india over all others
there is no path, those who tell you the truth will put evil in it. Nobody is totally right or wrong. We all are liars, even the good people. No good or bad paths, just suffering as you walk till you eventually fall and never get up again ...
West is evil .
West is evil.😅
china also kept it's gold at bank of England up until 2006. I guess there must be some kind of geopolitical pressure on the countries by the US and west to keep their reserves their and only powerful enough countries can breakthrough that pressure. Either way by my calculations, now only 200 or so tons of Indian gold remains outside of India and it will too be recalled soon. Either way I hope the gold recalled from england is tested thoroughly. What must have prompted India now would be how bank of england took the gold belonging to Russia and Venezuela.
We don't want sanctions to swallow our gold reserve😅
NEVER understood why ANY COUNTRY would let another hold their gold, silver, etc! The US UK would NEVER LET INDIA, CHINA, RUSSIA, OR EVEN THE EU hold their metals!
They were the world’s currency and to participate in world trade you needed the English pound. 100% of my paychecks are automatically set to a bank and I use the banking system to buy almost everything and pay my bills. I carry very little on me.while I don’t use much paper US currency, I own no currency from India, China, or Russia, because I don’t use them to purchase things or pay bill. To assist India with international trade they keep gold with the USA, Switzerland, and the UK.
@Robert-fx3ng Keeping your money in another man's pocket is not how free men behave.
Stock up on dry goods and water. That way when the rationing hits, you won't have to ask permission to have food.
A full stomach will make you a more useful slave your your government.
Mortgage or guarantee to fulfill the promises. Every country trade on the gold because paper currency has no value I mean intrinsic value in reality.
Makes no sense. If that's the case, why not have reserve accounts in pounds or dollars? Why gold and not dollars which is worldly accepted and easily convertible for international trade?
The true reason is either they're getting interest paid on blue gold account or it's just safer to physically keep it in London instead of Delhi. Some countries due to instabilities and ever changing regimes, do not trust their politicians and fly by nights regimes with their own gold, that probably would end in a Swiss bank or dictator's chateau in the Alps.
Do USA having a Mint ? Only virtual credit score, just printing a paper, called currency!
The world is now desperately hungry for truth.
Indeed. Truth is as invigorating as fresh food but it’s bittersweet too
Gold also
Excellent information Mario. Thanks
Excellent historic information ...all still valid today. Thank you Mario!
The floor of the Dow Gold ratio is becoming the ceiling.
India didn't trust , the West bullied India, the partition of India, created so much chaos that even today, we Indians face consequences. Even if India wanted to claim all the gold in 1947, India was too weak ,they would have sanctioned and destroyed India.
Only in 2024 India has become a strong country and now can negotiate with an equal footing.
They did not tell you to grow from 40 cr to 140 cr.
@sanjayshah7115 population was not the problem socialism was . India is growing only because of capitalism that caters to the massive population.
Well all political parties of India turns a blind eye when it comes to population management@@sanjayshah7115
Couple of years ago, some folks in Oz tried to find out how much gold of ours is being stored there....I don't recall a clear answer ever coming out about that...I think they mis-placed it somewhere...Never mind we got lots in the ground...
There is still 40% left, which will be moved back to India by the end of next year.
India's gold or silver or any kind of reserves should stay only in india
It would be better if india build underground bunker for gold reserves to create more safety for indian gold.
The Bank of England is in the City of London, a 1 mile diameter area, is not part of the UK, it is a private corporation. The gold is held there 😮
Correct But Bank of England is Folowing the UK Government. Bank of England refused to give Back Venezuela Gold to Venezuela. What is this telling you 😂😂😂😂
British looted 45 Trillion current amount in India
Presumably it is expensive to move gold round the world and to store it securely, which is why it tends to stay in the same place irrespective of the owner.
Haha like in Fort Knox! Hah❤😢😮😅😊
It's next to impossible to get insurance to fly gold internationally. Presumably governments self insure but provide military protection.
*British …. Vow 43 trillion dollars + simple interest amounting up to 65 trillion to India*
*Imagine the wealth British l**ted just from India*
It's actually £45 trillion pounds not dollars.
@@Hero99-99 lmao in 2060, it will be 10000 quadrillions 🤣😂😂🤣😂😂
Lmao you people are a complete joke
@@sunilsethi2982 it's not really
Dozens of websites and videos have debunked the claim. Lmao
What's funny is the fact that the number was calculated by a Marxist anti hindu professor and indians believe in it !!!
Thanks mareo for this great content once again God bless you have a great weekend ahead stay safe and see you in the live stream on Sunday looking forward to it
Thanks a lot for this video. Just heard an other video yesterday, where a man talked about UK might be the first country to collaps. That's what he thinks. I started to buy gold in 2007 and further on, when american banks collapsed (Bear Sterns, Lehman Brothers, Fanny May etc.) The physical gold price has more than doubled since then. My Dad said in the 70's, after Richard Nixon killed the Gold standard, that the credit expansion is going to have a bad end, and we are fully in it. We live in very interesting times.
I started buying in January 2008 just after getting laid off from my job of 14 years before Christmas. The price back then was around $950 per ounce. It had a few down years, but has climbed back up significantly. I stopped buying in 2020 because the price was getting too high. Right now my total holdings have an average gain of 90% from their purchase prices. I had some silver, platinum and palladium also, but sold it all and am now gold only.
Always learning interesting economic history, from you. Thank you.
India wants to create Gold Exchange market, in India.
Also, Indian Households & temples has 27,000 tonnes of Gold rotting in vaults.
Thanks for the informative video, yours was the first video I came across to learn about the repatriation from, and it was more well put than any media channel.
BRICS wants to build a new currency. It is also worth noting that gold has historically been used as a store of value and a means of exchange, and some countries still hold significant amounts of gold in their reserves. However, it is unclear how a new currency backed by gold would function in the current global financial system and whether it would gain widespread acceptance. Ultimately, any decision to create a new currency would be subiect to numerous economic, political, and logistical considerations.
It's interesting to learn more about the discussions and proposals around BRICS nations and their potential use of gold. There are several reasons why people may choose to buy gold, including its historical use as a store of value and means of exchange, its potential as a hedge against inflation or currency devaluation, and its relative scarcity compared to other commodities. Additionally, gold can offer diversification benefits to investment portfolios, as it tends to have a low correlation with other asset classes like stocks and bonds. However, it's important to note that investing in gold carries risks and may not be suitable for evervone. and investors should carefully consider their investment objectives, risk tolerance, and financial situation before making any decisions.
Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000.
I think this is something I should do, but I've been stalling for a long time now. I don't really know which firm to work with; I feel they are all the same but it seems you’ve got it all worked out with the firm you work with so i surely wouldn’t mind a recommendation.
‘’Marisa Michelle Litwinsky’’ is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you for this tip. it was easy to find your coach. and I conducted thorough research on her credentials before scheduling a call with her. Based on her résumé, she appears to possess a high level of proficiency, and I am grateful for the opportunity to speak with her.
For anyone looking. As of today, India still has 324 tonnes of its gold stored in the vaults of the Bank of England and the Bank for International Settlements (BIS), both based in the UK.
I'm surprised that the UK didn't shut you down by now.
So, who is control of the UK administration and finances? Can it really be a UK based administration or is a dispersed global oligarchy
Very good indeed Mario! interesting info very few people are aware of. Glad that a certain chancellor clearly hadn't been watching this channel, wink, wink.
It is true. For countries storing Gold in the UK should be weary of loss of control. On the other hand, storing their gold in their own countries, for some countries, can be risky if the political situation of that country is unstable.
The same argument can be used in personal cases. If the neighborhood you live in becomes unstable and unsafe, having your precious metals in your residence can become a risk and it may be time to seek a secure storage facility.
Mortgage rates are currently at an all time high since 2000(24 years) and based on statistics on inflation, we might see that number skyrocket further, a 30-year fixed rate was only 5% this time last year, so do I just keep waiting for a housing crash before buying or redirect my focus to the equity market
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Can you provide instructions on how to contact your advisor? I'm experiencing erosion of my funds due to inflation and looking for a more profitable investment strategy to make better use of them.
Excellent report 👍👍👍👍👍👍👍
The Bank of England was founded in 1694. Conflicts and war have dominated ever since. Causation or correlation?
Worse after the Napoleanic wars, with the r child's 😂😂
Both of them working together like well oiled machines or like identical twins I believe.
@alvanalvino mother and daughter, harlots.🤔🤔🎯🤠🎯
@@PeterLamin-pi6rv I agree ☝🏽 🤔😂🤣
@alvanalvino banks, since the golden calf. Forget the Red Heifers 🤔🥱
It's mind boggling that whom we fought for close to 90 years for freedom yet we funded their war despite being looted to ruins. Shame on Nehru!
Good afternoon. Clearly this applies to ALL banks!
Australia can’t get its gold back from BoE.
It seems to me that Australia would be the perfect place to store gold. They control the entire continent and can't be invaded by land. They should repatriate all foreign held gold immediately.
I was reading a book called Conjuring Hitler a few months back but I found it so fantastical that I put it aside.
Now I'm not so sure and have started reading it again. It's about great power politics and the containment of Russia going back two hundred years.
Its all about usury, interest and banks holding power. Modern day slavery, that has lasted 2000 years. Pharoah's slaves only had to pay 20% of their harvest. How much do we pay back in our labor, 40, 50% total?
Does it mention at all how the
Austrian painter was actually trying to rid his country from the grips of the 🏦’s ?
@@JCS1964-i7wThe Austrian painter was brought to power and subsidized by Western banking interests. You need to understand the Hegelian dialectic and how it’s been used throughout history to bring about their agenda. Western banking interests also subsidized the Bolsheviks to create the adversary to the west. They needed the big bad boogeyman in order to extract wealth from the laboring masses to again bring about their agenda. One World totalitarian socialist government. Total control.
"When I heard Gottfried Feder’s first lecture on “Breaking the Slavery of Interest”, I immediately knew that this was a theoretical truth which was of huge importance for the future of the German people. The separation of finance capital from the national economy made it possible to oppose the internationalization of the German economy without threatening national self-preservation. I saw Germany’s development much too clearly not to have known that the hardest struggle would have to be fought against international capital and not against hostile people. In Feder’s lecture, I heard a mighty rallying cry for this coming struggle.
Subsequent developments showed how right our feeling was. Today, we are no longer laughed at by our deceptive, privileged-class sly-boots politicians. Today, if they are not deliberate liars, even they see that international finance capital not only took the lead in nurturing the War, but especially after the struggle has ended it is doing everything possible to make the Peace into a Hell.
The struggle against international finance and loan capital interest has become the most important point in the program of the German nation’s economic independence and freedom. For those practical people who may object, I offer these answers: All apprehensions about the economic consequences that would follow the abolition of the slavery that results from interest-based financing capital are not valid because in the first place, the economic principles that we have previously followed already proved to be quite disastrous to the interests of the German people." [ My Struggle by AH / Ford Translation / page 138 ]
A serious sign of economic decay began with the slow disappearance of personal control over property and the gradual transfer of the entire economic system into the hands of stock-controlled corporations. Labor had become an object of exploitation and speculation for deceitful stockbrokers with no conscience. The transfer of property from the wage- earner to the financiers grew out of proportion. The stock exchange began to triumph, and slowly but surely, started to take the life of the nation under its protection and control.
The German economic system had already started down the road of internationalization when it began issuing shares of stock. German industrialists made a determined effort to save the system, but it eventually fell before the united attack of money-grabbing financiers who fought this battle with the help of their most faithful friend, the Marxist movement. Marxism launched a constant and visible war on German heavy industry to turn it into an international business. This could only be accomplished through the victory of Marxism in the Revolution. As I write this, the attack has succeeded against the German Government Railways, which are now being handed over to International financiers. This “International Social Democracy” has once more accomplished another of its great objectives. We can see how far this attempt to make “economic animals” of the German people succeeded from the fact that after the war, one of the leading minds of German industry, and especially of commerce, said that only economic improvement could possibly put Germany on her feet again. This nonsense was spouted at the same time by France who was restoring the German education system, a “humanitarian” gesture, in order to promote the belief that the nation and the State owe their survival to economics and not to eternal values. This remark of Stinnes (Hugo Stinnes, a German industrialist and politician of extensive wealth) regarding commerce as the only savior for Germany caused incredible confusion. It was picked up at once by all the babbling and idiotic bums Fate had unleashed on Germany as “statesmen” after the Revolution.
[ My Struggle by AH / Ford Translation / page 150 ]
The Bank of England has Australia's gold too, as our ponzi Reserve bank can't account for it after shipping it there, probably melted down by now and sold in the black market.
Rishi told them to take it all back. Whilst he was in number 10
Check your gold if it comes out of the bank of England, as it might be gold plated something
1947 Clement Attlee..What you mean the Labour party was responsible ...I can't believe it!
2 million men served in WW2, plus the supplies from India (incl. Pakistan and Bangladesh of the time).
Great media article. 5000t is a lot. How exactly did you come up with that number - what was your rate of convertibility used and why? I think its important to explain this for improved credibility.
First few lines are enough to describe England's Banks credibility.
Very interesting. There certainly seems to be a Capital rotation in to Gold from stocks, currencies etc.
The Indian leaders who kept tones of Indian gold in UK Bank were foolish. It shows their incompetence of their leadership. Thanks Modi ji for trying to bring it back.
U read indian history then understand why the gold kept there it's 1991 country near bankruptcy so RBI borrow dollar by deposit gold in bank of England
@@rajibchakroborthy4181 English people are not trustworthy
@@rajibchakroborthy4181Nah! It had nothing to do with the loan. Loan was paid way before. It was just a "storage service" that the Bank of England provided and India paid for their services. Now we have seen that the West has frozen all the assets of Russia because Russia went against the West. So if any country goes against the West its assets will be frozen. And India is part of BRICS and BRICS is working on a payment system which will be backed by gold.
Just give them our country - oh hang on, it looks like we already have.
You gave it to the wrong people, Indians won't even make 3% of your total population. Stop fooling around and read more stats.
The ones that are there are highly skilled, they are either doctors, engineers or working for big companies. They contribute to the economy not like freeloaders like your elderly or refugees.
Appreciate the upload. Thanks for the info.
Now we see how the uk foreign aid budget is used to compensate India for the gold the uk kept from them. And why the calls to scrap the foreign aid budget hold not happen. The foreign aid budget is really loan repayments on debts which have been kept from the public. They were not allowed to know just how bankrupt the uk was after ww2.
UK looted India if 60 trillion $. Foreign aid my foot, u built ur infrastructure on money u looted from us.
Morning Mario 😊 all the best for November 🎉
Melei is sending gold to the Bank of England to use as collateral to borrow more money.
@twu905...Yeah, he seems to have forgotten what happend to Venezuela`s gold that was stored in UK London!
@@pelaubenson1230 he is a Jew they are in bed with royal family cabal
Interesting things I had no idea about
Thank you Mario and Rudy :) QC
And I thought the US could pull some BS.
THe connivance of the UK and US to stop the exchange of sterling to dollars. I suppose: India was paid back in pounds that could not be exchanged for dollars? How would that work in practice? I do not think that it could.
my personal opinion is that most of the gains in the stock market over the years are because of inflation. Stocks went up , more because they are traded in dollars than because of economic growth and profits. I do believe the Dow/gold ratio will adjust, but I tend to believe that it will adjust by bigger upward movements in gold. Just my 2 cents worth, and I am usually wrong.
That and look at all the employees and employers contributing 401k’s directly into wall street’s market with massive penalties to stop. It’s a cash cow pipeline directly swelling their coffers every payday. Brilliant if you’re an evil fat bastard banker sitting at the top collecting. And don’t forget the interest created on all the fake money they pull out of their butt. Soon a days wages will buy a loaf of bread
Honest view, great video. Loved it.
Everybody's got a boatload of gold until someone wants to audit it !
Well researched Mr. Mario.Happy Diwali.
It's going to get very interesting now 😁
Why would anyone let another country hold its gold??
For safety reasons when a regime is corrupt. Like most of the world's poorer nations, when the regime collapses they can flee to the safe country holding their stolen wealth. It's why those nations will forever remain poor and chaotic. The uk doesn't ask questions! Neither do Switzerland.
Because liberals9congress party) ruled the country at that time...they are known to be fiscalr3tard5.
An easy question to pose when we live in settled countries Sir. If a country should be prone to invasion, as in 1965 with India, or coups etc, then extraterritorial storage makes sense. Cheers
@@chopsandarchie7015 Then why are Australia's gold reserves held in England?
@@chopsandarchie7015that’s why the former British Empire has stolen Venezuela’s gold
The world is eyes wide shut and has been for a long time now. Vert insightful and you’ve reaffirmed my long held belief that there’s no such thing as a trustworthy bank or government.
India has to pay for gold reserve to Bank of England even Reserve bank of india is able to do it India loose gold in exchange rates in sterling
Why would any Country desire to store their Gold in another Country ?
Loan, now thats paid, India taking it back.
@@oomz1975Nah! It had nothing to do with the loan. It was just a "storage service" that the Bank of England provided and India paid for their services. Now we have seen that the West has frozen all the assets of Russia because Russia went against the West. So if any country goes against the West its assets will be frozen. And India is part of BRICS and BRICS is working on a payment system which will be backed by gold... These are two major reason.
You can't trust any bank nowadays! Shenanigan entities!
We don't need it anyway we have good old paper.... and we can print it....
Great video mate 🎉 nice analysis 👍 from india
This gold is small fraction of gold held by citizens in India. Estimated around 25000 tonnes.
Wow that’s over £6,000,000,000 six trillion pounds sterling of gold.
6,000,000,000 is six billion. Still a lot.
Exactly! Send the Gold to India!
Wow never knew this news even being an Indian for these many years .5000 Tons 😮
BRICS gold-backed currency coming?