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<p>[QUOTE=&quot;desertgem, post: 1469217, member: 15199&quot;]India, China, etc. populations are&nbsp; a long ways from having the disposable income to buy much of anything expendable, as food, fuel, housing consumes all, or more of the average total income. The article below was written in India early this year</p><p><br /></p><p><br /></p><p><br /></p><p><br /></p><p><a href="http://timesofindia.indiatimes.com/business/india-business/Per-capita-income-crosses-Rs-50000/articleshow/11707030.cms" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://timesofindia.indiatimes.com/business/india-business/Per-capita-income-crosses-Rs-50000/articleshow/11707030.cms" rel="nofollow">http://timesofindia.indiatimes.com/business/india-business/Per-capita-income-crosses-Rs-50000/articleshow/11707030.cms</a></p><p><br /></p><p>At this time the Indian Rupee was about .02 US, and now is about 0.018. With real life India inflation, current income per capita ( without considering inflation) is $890 USD/year and after inflation , $623 USD/ year and these are Total income ~~disposable income most likely = 0.00 USD.</p><p><br /></p><p>Current conditions of the developing countries such as BRIC and other lesser countries, face the same crises or are currently in them as the US, they along with the Eurounion nations are where the US was in 2008, and I expect their financial problems to continue well beyond any US recovery. Gold is pretty and valuable, but most of the world would rather eat and live sheltered ( or even have satellite and TV, ipod, internet, etc ) than PM. IMO.</p><p>Jim[/QUOTE]</p><p><br /></p>

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