Gold Smuggling to India & Japan is a Symptom of Governments’ War against Gold

From bullionstar.com

Smuggle gold to India and Japan has become a lucrative business for many dealers and middlemen across Asia. It is widely known that demand for physical gold by Asian populations is insatiable. From the estimated held by India’s population to the more than calculated to be held by China’s population, these two countries alone hold nearly one quarter of the world’s known above ground gold stocks. However, beyond China and India, gold is central to almost all Asian societies and cultures. While sometimes forgotten, became one of the world’s largest gold market in the 1970s and 1980s when it imported thousands of ... (full story)