Yes Because Land is traceable,transferable and Manipulated. Even GOI/Leaders and its employee alter legal framework as per available opportunity in order to acquire Land and to distribute among their relatives or in form of TIPS.
Acquiring LandLord`s ancestral Piece of land Under the mask of Chakbandi scheme is exemplary issue and that is why Pure and Physical Gold is best hedge against Equity,Land, Property and Insurance till we all Indian get Master,Professor and Teachers Like our Financial brainstromer media worker.
No Gan-dhi,Jesus,Ram,Rahim,Gov of XYZ etc Philosophy will help us,but it will help them alone whose ancestor saw the dream of Being Gan-dhi,Jesus,Ram,Rahim,Gov of XYZ.
Yes and it shall cost them a lot in the next 3/5 years. Like in the past GOLD shall be quoted at about $750 a T/ounce in 2015-16. Remember what happenned in the 1980`s/1990`s, it came down from $550 to about $250 and remained at that level for about 20 years. This metal is a product of `fear` and speculators.....it has no practical/ industrial utility to the welfare and growth of vast humanity. Esskay
Lot of people dont really understand Inflation.. deflation.. & so on. They need gold as an ornament primarily & keep at Pawn shop when needed. Thats it!
Gold is hedge against inflation but price of gold remained stagnant from 1980 to 2002. Moreover investment in gold is non-productive and govt should discourage it.
No, we are obsessed with gold traditionally and not only because it is the best hedge against inflation. No family in India will sell it`s gold unless heavens fall and the more the better.