Gold | wealthymatters

MO Investor – One App For All Investment Needs

August 20, 2020 Leave a comment

Feeling totally penned in by Covid -19 ? Frustrated that you’re not as productive as you’d normally like to be?Does it feel like a lost year when it comes to earning ?

Here’s a solution : The Motilal Oswal’s Investor App.Start with EDUMO. Whether you are a beginner looking to learn the ABCs of investing or looking to refresh your knowledge or learn more advanced topics,there’s something good for you here.Also MO Investor helps you keep abreast of market news with live market updates and you can focus more on what interests you by using the customisable multi- asset watch list.

Frankly there is no investment better than an investment in yourself. And education is one of the best investments you can make in yourself. That too an education that can help you acquire skills and knowledge that you can directly apply to make money.

Been struck by how sections of the digital economy are thriving,even as more traditional businesses suffer due to Covid-19 disruptions ? Bothered that these company stocks are not listed on the Indian Exchanges ?MO Investor App allows you to invest in 3500 US stocks and ETFs seamlessly. You can simply open demat account with Motilal Oswal and get started. Read more of this post

Filed under Paper Assets Tagged with demat account, Gold, investor education, Me-Gold, Motilal Oswal, Mutual Funds, Online share trading, Online stock trading, Portfolios, Robo trading, Stock quotes, Stock recommendations, stock trading

The $10K Per Ounce Figure

January 5, 2018 Leave a comment

wealthymatters Gold bugs tend to get long term trends right.

They however routinely make the mistake of thinking that others are as cautious, prudent and willing to err on the side of caution as they themselves.

Most of the world is not.

So their scenarios tend to pan out, but not before may others have been acclaimed right and then proven wrong by time.

Read what Jim has to say and think about it if ever you are contemplating getting rid of old gold stocks and going gold free. But don’t waited with baited breath to realize such prices either.

On Why Bitcoin Can’t Replace Gold Bullion

January 5, 2018 Leave a comment

Physical gold is prized as “real” money in that in physical terms it is tradable for remarkably constant quantities of staples such as wheat or a fine set of clothes ,across cultures and down the ages.

Unfortunately, Bitcoin that is supposed to behave like gold-money shows nothing of this consistency.

Here’s what Bitcoin could have purchased you since in the last few years:

1 Jan 2010

Value of bitcoin : $0.08 : Rs 3.7
What you could buy: Small packet of biscuits Read more of this post

Filed under Alternative Assets, Precious Metals Tagged with Bitcoin, Bullion, Gold, postaday

Mercantilism

July 31, 2017 Leave a comment

wealthymatters

Filed under Theory Tagged with exprts, Gold, imports, mercantilism, postaday, self sufficiency, Silver

Gold Control History

December 18, 2016 Leave a comment

wealthymatters On January 9, 1963, finance minister Morarji Desai announced in a nationwide broadcast that starting the next day the possession of gold — barring personal ornaments — without declaration would be illegal. A Gold Control Board was established with wide powers of investigation and seizure of persons as well as confiscation of gold. A comprehensive industry-wide regulation was also introduced. Its centrepiece: a ban on making and selling of jewellery above 14 carats, as against the prevailing trend of 22-carat ornaments.

As with the ongoing demonetisation, the policy was effectively decided by one leader who consulted few experts. This was partly because of the need to maintain secrecy and partly because Desai knew his own mind. Those who were taken into confidence turned out to be as enthusiastic about the move. Prominent among these was Chief Economic Adviser IG Patel. Read more of this post