For Whom Wealth Matters
October 1, 2013 2 Comments
Keep these words in mind when you stock up on bullion,land,real-estate etc.Always spend a while thinking how you will liquidate the assets you propose to purchase and at what price.Killings are made when you buy not so much when you sell. Read more of this post
September 26, 2013 2 Comments
In urban India,people invest 10-15% of their investible surplus in gold.In rural India,affluent farmers typically park 50% of their surplus funds in gold.
September 25, 2013 6 Comments
I spent last evening at the Lalbaugcha Raja auction.It was my first time.
I am pretty pleased with my “prasad”-a lovely silver modak that just comfortably overflows my cupped hands.It’s a great item to put on my desk and watch the play of light on.Anytime,I want a physical reminder of the abundance of good things God has given me in life,I have but to pick up this modak.
One of the items for auction ,that caught my attention was a gold foot ball .All the items up for auction have  been donated by devotees whose wishes have been granted.So when we see a model house or cradle we can guess what wish was granted.Now a football?Makes you wonder what the wish was for…..Also last year I remember seeing such a foot ball in the papers too.So I got googling after dinner and came across a shocking story in an old copy of the Mid-Day:Link Read more of this post
August 31, 2013 2 Comments
Ever wondered how much gold is in private hands in India?Well the country, as a whole, is estimated to have a gold stock of 18,000-30,000 tonnes.Not so much when we consider a billion plus population-Not even 3 milligrams per person!
The picture on the left is the exception not the norm.
wealthymatters 