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Gold Kills Indian Economy

by Sharan Hegde · Jun 22, 2026 · watch on YouTube ↗

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@sarveshwaransigamani3899 · ▲ 0 · Jun 23, 2026
I respect different views, my suggestions is 80 percent gold 20 percent spend money to family ,I will not change my stance. A currency is supposed to preserve the purchasing power of its citizens. If the value of the INR keeps declining over time due to inflation and currency depreciation, I have every right to protect my savings. Governments and central banks are responsible for maintaining currency stability, just as the US has worked to maintain the global strength of the dollar. Even central banks across the world continue to accumulate gold as a strategic reserve asset. If nations themselves rely on gold during uncertain times, I see no reason why individuals should ignore it. My priority is preserving my family's wealth and purchasing power for the long term. For me, gold is not speculation—it's financial insurance.
on Gold Kills Indian Economy by Sharan Hegde · watch on YouTube ↗
@prs.SUPERMACY · ▲ 0 · Jun 23, 2026
Currency, govt bonds, and treasury bills are not money. They are money’s worth, and if a country’s economy is hit by a recession, the country’s currency, govt bonds, etc., will not be worth their book value. Whereas gold is itself money. Gold backs the economy and currency.

The US removed the gold standard in 1973 because they did not really have that amount of gold to print dollars, so they removed it. This led to the modern fiat currency system which we use today. (Fiat currency is a currency which is based on trust and not backed by any commodity.)

Germany has 1,000 tonnes of gold and France has 1,200 tonnes with the US FED. Recently, they refused to give it back.

And India, our home country, which was known as the “Sone Ki Chidiya,” was looted by the British East India Company of gold worth $45 trillion.
on Gold Kills Indian Economy by Sharan Hegde · watch on YouTube ↗