Yet India is forecasted to surpass China before 2050 I find this fascinating what is also Great about India is they also have great gold reserves and they have a fascination with Sliver they are # for countries stock piling gold yet liver will be what they capitalize on:
http://www.usatoday.com/story/money/business/2014/03/22/wall-st-cheat-sheet-nations-gold/6709493/
10. India
India officially holds 557.7 tonnes of gold, which represents 7.6% of its reserves. In 2009, the nation purchased 200 tonnes of gold from the International Monetary Fund for $6.7 billion. It was the IMF's first such sale in almost a decade. India is the second-largest gold consumer in the world, and also a big believer in silver.
India is home to the tenth-largest economy in the world but consumes more silver than any other country. In 2013, India imported an estimated 5,400 tonnes of silver, according to Endeavour Silver. That is more than double the 1,900 tonnes imported in 2012 and higher than the recent peak of 5,049 tonnes imported in 2008. Of the world's annual silver production, India consumes more than 20%.
As They also have the second largest population in the world my friends Russia China & India alone are a consolidated threat. It simply makes more sense to have more allies with increased sanctions on Russia from the united states its a matter of time where these BRICS nations realize they can stomp the USA yet they are smart as serpents by using the non reactive proactive approach
Lets add an additional 557.7 tones to our total 3935.00 Tones so far equals 4492.7 tones BRICS accumulate more than half of USA OFFICAL GOLD HOLDINGS so far. (2009 NUMBERS)
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