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Papli
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India's Gold - FOFOA - FoFOA

Thanks for putting the Indian gold penchant into focus. The connect between an Indian and gold is based upon trust and faith vindicated by time and tradition. A slight shift in outlook. More and more Indians are buying physical gold for trading, replacing their holdings of gold jewellery with artificial look alikes that are cheaper and safer to wear.

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Beginning of the headline :Gold in India is more than just a store of value. Gold is a visible status symbol of such cultural importance that demand for it apparently exceeds net-production (savings). Some are even willing to borrow money to look like Mr. T, and the mining industry supports this. ... Read More

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