1]if everybody in india purchase gold with whatever investment they have will the inflation come down?
2]you suggest to invest in gold so everbodys assests will be stable and can beat inflation over a period of time is it applicable to all commodities or things whose price is stable as the price of gold?
3]sudden purchase of gold will increase the demand for gold and so will the price go up, is it not that when price will be going up and foreign investors will sell gold and book profit?
4]how do japan keep lowestinflation in the world only 1% when tokyo the costliest city in the world is in japan?
5]what lead to the economy crisis in japan which is the second richest country in the world?
6]when there is earth-sky difference in india and japan economy how the number of billioners in india exceeds that in japan ?
7]what role government can play in reducing inflation? if it is not in their hands what control do they have over economy?
8]is their any external forces trying to destabilise economy and waiting for government to invest forex reserves so they can book profit and bring down the economy to stone age?
9]i am asking so many questions because i dont want it to fail like indian cricket team?
10]lastly todays news in toi terroists planning to target indias power plants,electric grid, share market etc
11]we have not yet come out of mumbai train bombing and bombing on samjhauta express and terrorists are moving freely
the is the indian habit of forgetting things and always unprepared to face crisis for e.g power cuts in maharashtra
tell your comments its time now we people have to raise voice
RE:even gold price fluctuates
by sunny gandhi on Apr 16, 2007 01:44 PM Permalink
excellent qs vinod..hope u get ur answers please onc u get forward it to me sunny29584@redffmail.com
RE:even gold price fluctuates
by naveen fernandes on Apr 02, 2007 02:34 PM Permalink
Gold is a safe investment - especially during times of uncertainty, like terror attacks.
AVOID COINS -use ETFs (like Benchmark). Coins, especially those bought from banks defeat the purpose of investing - PROFITS (you pay more to buy and lose a lot when you sell). In an Exchange Traded Fund you pay only brokerage and enjoy complete liquidity. Plus the tax treatment is better than in physical gold. (I am not interested professionally in ETFs)
RE:even gold price fluctuates
by vinod ssssss on Apr 02, 2007 02:42 PM Permalink
why dont our government purchase gold out of forex reserves 197 b$ to beat inflation.
how much gold resrves do india have
which is the country with highest gold resrves is the country economy stable and inflation under control
RE:even gold price fluctuates
by shrinivas sharma on Apr 02, 2007 02:23 PM Permalink
Looks like this article is sponsered by some bank.. HDFC or ICICI? in same rediff few months back, they had advised not go buy gold from Bank...
RE:even gold price fluctuates
by RS on Apr 05, 2008 09:21 PM Permalink
Vinod's questions beg no answer. All his questions are coming out of simple logic and recent facts, not out of economic statistics. There is a large media hype out there, aping the western practices. Gold has only limited value in times of inflation, with the biggest plus point is that its purchase cost price will never nosedive. There is unbridled speculation in the commodities including the metals. The current price level of gold is unmaintainable.
RE:even gold price fluctuates
by Murali Ramsamy on Apr 03, 2007 12:46 AM Permalink
Vinod good Qs there..I could not answer..Hoping and waiting for the one who will
