http://economyandmarkets.com/markets/gold/harry-dent-why-gold-isnt-rallying-after-trumps-win/ I mean they banned their 500 and 2000rs notes, which is only USD$15. They might ban gold imports, actually seems less silly than bank notes. I reckon the Indians will rush to silver if a gold import ban gets reinstated. What say you silverstackers?
Think they will temporarily(hopefully) damage their economy and therefore reduce their ability to purchase gold and silver
Where gold price goes, so too does silver in general. So if the proposed ban will bring gold prices down, possibly silver will come down as well. .