Let me warn you the title has the word today just to attract you :-). I have no view at all about gold prices. Personally i do have gold, but no clue how much. In most cases the cost of acquisition is almost immaterial – it all happened decades back….. Why is gold an awesome […]
Gold is under tremendous pressure internationally, so India may also see Rs. 25000 (just speculating, actually no clue) but Swaminathan A Aiyar says so in Economic Times. http://economictimes.indiatimes.com/opinion/columnists/swaminathan-s-a-aiyar/gold-to-be-a-lousy-investment-in-the-next-decade/articleshow/19537567.cms I am not commenting on the price of gold at all. I do not think that to be a good investor you need to be playing the […]
Set A: Statements we make: ‘Hdfc Top 200 is a fund which is DOING well…. Real estate prices ALWAYS GO UP in Mumbai……. Gold prices are GOING up…. Real estate prices are GOING up…. Equity markets are DOING BADLY….. We hear and make these statements, do we not? What we mean is ‘Last […]
I have been accused of the following: Keeping gold prices low. People losing out chance to buy gold/ land / real estate because of my writing. Hilarious because I have rarely taken a stand for or against. I do not consider it for my portfolio – SHOULD mean nothing for you. I have consumed about […]
A few people have asked me…’should I increase my SIP in gold’. Frankly for me the answer is ‘I do not know’. However I realise that many of them are sitting on small losses or a very poor return if they have invested in the last 10-12 months. The Rupee not long ago was 40 […]
Recently heard of 2 frauds in companies lending against gold…. One of the biggest risk in a single commodity lending is the risk of that asset falling so badly that it creates a lot of NPA in your books. Now the lovers of gold will argue till the cow comes home that this cannot happen. […]
End of the road for gold? No, surely not. However it is time to be cautious for sure. What are the risks in gold? Or is it that there are no risks at all, as some readers would like to believe? Well let us look at some of the risks: 1. It is not an […]