Message:

<p>[QUOTE=&quot;jjack, post: 1554316, member: 33596&quot;]As much as i love to believe things have changed a lot at least when it comes to India. So even if it becomes richer gold consumption may not necessarily increase and might even decline. Few reasons:</p><p><br /></p><p>&nbsp;Arranged marriages are declining (keep in mind gold is purchased by parants for their daughters)</p><p>Younger generation (20-30 yr) are more emulating western lifestyle.</p><p>Real estate is hot trend and everyone is throwing money into that.</p><p>Not safe to store gold or any valuables for that matter, crime is sky rocketing in cities and as is corruption (criminals get away thanks to connections). Lack of accessible SDB is big factor.</p><p>It is people in rural areas and older generation that are primarily buying gold.[/QUOTE]</p><p><br /></p>

Your name or email address:

Do you already have an account?

• No, create an account now.
• Yes, my password is:
• Forgot your password?

Stay logged in