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Indian Gold Dealer: “Gold Is Now Trading At $1800 oz”

 
Anonymous Coward
User ID: 45778683
Germany
08/26/2013 07:18 AM
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Indian Gold Dealer: “Gold Is Now Trading At $1800 oz”
I had the chance this week to reconnect with Vishal Vyas, head of operations at India’s top bullion dealer, Pushpak Bullions Pvt. Ltd.

It was a powerful conversation, as Vishal indicated that the Indian Government and Central Bank is stepping up its fight against gold, with punitive taxation and trade controls. As a result he added, gold is nowtrading at elevated levels of $1800 oz. within the country. Despite these changes however, Indian families are still buying gold in “small quantities every month”.

[link to www.goldismoney2.com]
Spam Killer

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08/26/2013 09:04 AM
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Re: Indian Gold Dealer: “Gold Is Now Trading At $1800 oz”
Nothing like attempting to suppress a substance to drive its price up and create a lucrative black market for it.

lmao
No More Lies

User ID: 1178326
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08/26/2013 09:05 AM

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Re: Indian Gold Dealer: “Gold Is Now Trading At $1800 oz”
Nothing like attempting to suppress a substance to drive its price up and create a lucrative black market for it.

lmao
 Quoting: Spam Killer


Those idiots will never learn....
Anonymous Coward
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08/26/2013 09:07 AM
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Re: Indian Gold Dealer: “Gold Is Now Trading At $1800 oz”
Can't eat Indians?
Sikhed

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08/26/2013 10:16 AM
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Re: Indian Gold Dealer: “Gold Is Now Trading At $1800 oz”
Can't eat Indians?
 Quoting: Anonymous Coward 45781650


I'm sure they have a good curry recipe. Substitute indians for pork.

It's lame that Indians have to be taxed to death or rely on the black market. Black market breeds counterfeiting.

Even nations that are repressive to their citizens, China notably, now encourages their people to buy PMs. WTF is wrong with the Indian government? Why would they not want their people to spend money within their country?

Last Edited by Sikhed on 08/26/2013 10:16 AM
:doom360:





GLP