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Strategies & Market Trends : India Coffee House

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To: Mohan Marette who wrote (4940)	7/6/1999 6:52:00 PM
From: sea_biscuit	of 12475

Gold will always be in demand in India because of the numerous fly-by-night financial scamsters that are always duping the people (and about which the Indian government does nothing, of course). Another reason is the high inflation rate which, regardless of what the government says, is probably in the mid-teens (with prices doubling every 5 years or so). Gold will be even more in demand in India in the coming years as the country undergoes ever-increasing spasms of civil unrest and the credibility (or what's left of it) of India's financial system gets further eroded.

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