India Bans Gold Exports “Without A Valid Reason”

Authored by Mike Shedlock via MishTalk.com, In addition to its crackdown on cash, India stepped up its attack on gold. The aim is to cut down on gold imports. India does that in a roundabout way, by cracking down on exports. Bloomberg reports India Bans Gold Exports Above 22 Carats to Plug Trade Loopholes .

Source: India Bans Gold Exports “Without A Valid Reason”