Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Which country's people hold the most gold in the world?
>
Reply to Thread
Message:
<p>[QUOTE="medoraman, post: 1261955, member: 26302"]Well that could be because at any moment maybe a bigger country may wish their oil, and they would be similar to Kuwait 1990. </p><p><br /></p><p>I would, absent other information, believe India has the most due to both their traditions and having an immature investment climate. Most nations go through development cycles, and until trust can be gained in security markets, (insider trading absent, no manipulation), most countries tend to keep their money in land and other hard assets. Its surprising to me, as my wife and I were looking at land in Chiang Mai, Thailand, that the price of land was higher than most major US cities. Typically, as markets become more mature, they tend to draw more assets in. The simple fact is most south and SE asian people do not trust their markets at all, and are unwilling to invest in them. I have a cousin in law with substantial assets, and he keeps most in land interest, business interests, and gold hidden away. I bet you he has 200 baht, (100 ounces) at least.</p><p><br /></p><p>Lol, no, I am not making any comments about the state of our markets vis a vie investor trust.</p><p><br /></p><p>Chris</p><p>Chris[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1261955, member: 26302"]Well that could be because at any moment maybe a bigger country may wish their oil, and they would be similar to Kuwait 1990. I would, absent other information, believe India has the most due to both their traditions and having an immature investment climate. Most nations go through development cycles, and until trust can be gained in security markets, (insider trading absent, no manipulation), most countries tend to keep their money in land and other hard assets. Its surprising to me, as my wife and I were looking at land in Chiang Mai, Thailand, that the price of land was higher than most major US cities. Typically, as markets become more mature, they tend to draw more assets in. The simple fact is most south and SE asian people do not trust their markets at all, and are unwilling to invest in them. I have a cousin in law with substantial assets, and he keeps most in land interest, business interests, and gold hidden away. I bet you he has 200 baht, (100 ounces) at least. Lol, no, I am not making any comments about the state of our markets vis a vie investor trust. Chris Chris[/QUOTE]
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
Coin Talk
Home
Forums
>
Coin Forums
>
Bullion Investing
>
Which country's people hold the most gold in the world?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...