You gotta love those wise Indians...
Regards - VHF
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How you can benefit from investing in gold
Sanket Dhanorkar - Economic Times
April 23, 2012
Indians love gold. More than 18,000 tonnes of the metal is lying in Indian households. This is enough to supply Americans with all the gold they want for the next 100 years. That's the theory. In reality, very few Indians would want to sell the gold they own. Nearly 83% of the respondents in an online survey conducted by economictimes.com last week said that despite the high prices, they were not considering selling their gold holdings. In fact, 85% wanted to buy more gold this year, and 28% of these were determined to do so irrespective of the price of the metal.
