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<p>[QUOTE=&quot;Zuhara, post: 867425, member: 23099&quot;]Spock1k --thank you very much for posting the link to the article, because I tried googling and I didn&#039;t have much luck.Most Westerners do not understand the Indian jewelry market, and how potentially significant this might be. People have their life savings tied up in this as you point out, you can even take bank loans on your gold in India, and purity is very important. It is much more of a financial instrument than it is for the ordinary investor in the West. It is comparable to finding out that the money you think you have in your bank account might not be there. Indian gold sales are cited as a factor in the price of gold every year, and because they are importers of gold rather than producers, their buying has an effect on prices worldwide. (The Chinese on the other hand are now the major producer of gold in the world.)I don&#039;t know what to make of the story, but it is something to be aware of in my opinion. It is easier to tamper with the metal used for jewelry than coins, since a coin buyer needs only to weigh and measure to detect fraud, whereas a necklace is not made to any specific measurements or weight.[/QUOTE]</p><p><br /></p>

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