Page 1 of 1
India's love affair with gold
Posted: Mon Feb 13, 2012 8:13 pm
by Gumby
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.
Re: India's love affair with gold
Posted: Mon Feb 13, 2012 11:27 pm
by Ad Orientem
Wow. I don't know if I have ever seen that much bling. It makes me wonder if Peter Schiff is part Indian.
Re: India's love affair with gold
Posted: Tue Feb 14, 2012 7:42 am
by dualstow
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.
Gumby wrote:
I knew the people of India liked Gold, but I had no idea it ran so deep in their veins.
According to the piece it's mostly in *other* countries' veins, thus they have to import it. ;-)
Re: India's love affair with gold
Posted: Tue Feb 14, 2012 11:50 pm
by melveyr
Looks like we all have a little emerging market exposure already
