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Papli
Member since May 2012
114 commentaries
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has posted a comment on the article :
When a Gold Necklace Isn't Jewelry
- Jeff Clark -
Casey Research
True. Indians love their gold and silver but in ornamental form. It makes their women look gorgeous and cared for financially and emotionally. The gold necklace and earrings my wife got from my mom will be passed on to our daughter in law this November on her marriage. Apart, we plan to spend on her gold bangles, ring, a bead necklace etc, firstly, to assure her and her parents and relatives that she is welcome into the family and also to provide financial security to the newly weds. Yes, off late such traditonal expenditure is turning out to be an investment as well. Those who are not so affluent have started to make gold jewelry in 14 carat gold as against 18 carat. Gold and silver per se as investment are beyond the means of average Indians but with improved individual economics this will soon become a thing of the past.
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When it comes to supply and demand, what you’ve been told about gold jewelry is wrong. That’s a strong statement, but I’ve got a firsthand account to back it up. Most industry organizations separate jewelry from investment when they tally the numbers on the uses for gold. This makes sense, of course, because one is a coin or bar purchased as a store of value and the other is something designed to be worn...
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chers Vladi,il est lor, oui, effectivement, et alors ? un fonctionnaire crée de la richesse ? creuser des trous crée de la richesse ? si nous arrêtions, pour voir, de payer nos impôts, vos 55, fonctionnaires compris, font quoi fin du mois ? merci d'expl
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- 20/04/2013 à 20:03 GMT
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