A very interesting look at the culture of Gold in India...
60 Minutes: India's love affair with gold
I knew the people of India liked Gold, but I had no idea it ran so deep in their veins.
India's love affair with gold
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India's love affair with gold
Last edited by Gumby on Mon Feb 13, 2012 8:15 pm, edited 1 time in total.
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Ad Orientem
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Re: India's love affair with gold
Wow. I don't know if I have ever seen that much bling. It makes me wonder if Peter Schiff is part Indian.
Last edited by Ad Orientem on Mon Feb 13, 2012 11:33 pm, edited 1 time in total.
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dualstow
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Re: India's love affair with gold
That was a great piece- thanks for posting!
I've always felt that necklaces -- do I dare say this on Valentine's Day? -- are a waste of gold that could have been made into coins or ingots.
The image that will probably stick with me is that of the guy stirring that huge pot with his bare hand. :-)
And those two beautiful women with the perfect smiles.
I've always felt that necklaces -- do I dare say this on Valentine's Day? -- are a waste of gold that could have been made into coins or ingots.
The image that will probably stick with me is that of the guy stirring that huge pot with his bare hand. :-)
And those two beautiful women with the perfect smiles.
According to the piece it's mostly in *other* countries' veins, thus they have to import it. ;-)Gumby wrote: I knew the people of India liked Gold, but I had no idea it ran so deep in their veins.
Last edited by dualstow on Tue Feb 14, 2012 7:45 am, edited 1 time in total.
Re: India's love affair with gold
Looks like we all have a little emerging market exposure already 
everything comes from somewhere and everything goes somewhere