Options
India encouraging temples to sell gold hoards
CaptHenway
Posts: 31,565 ✭✭✭✭✭
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
0
Comments
<< <i>v. interesting, thanks for this. Curious that a 'Hindu fundamentalist' would propose such a thing. The temples would have little to gain, and a mass dump like that would crater the gold price worldwide.. >>
Dumping paper gold is the only way to crater prices physical means nothing.
<< <i>Dumping paper gold is the only way to crater prices physical means nothing.
>>
Totally agree.... Cheers, RickO
<< <i>
<< <i>Dumping paper gold is the only way to crater prices physical means nothing.
>>
Totally agree.... Cheers, RickO >>
Respectfully, dumping gold in equal measure to the entire world's reserves may have a slight impact.
Perhaps related, but those temples seem like the easiest things to rob ever.
Knowledge is the enemy of fear
<< <i>Hindu temples own lots of gold. The Vatican owns lots of gold. And gold isnt intertwined in religion? >>
and don't forget about the Lannister's.................Plus they always pay their debts
Mark
Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......