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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?

To: Shivram Hala who wrote (5017)	7/8/1999 5:08:00 PM
From: sea_biscuit	Respond to of 12475

How does gold being attractive even after hitting a 15 year low speak volumes about the indian financial institutions. How does that show the efficacy of the legal system in dealing with financial scamsters ,..... Why, that's simple! There are numerous scamsters who promise high rates of interest and then, gobble up people's money and vanish. The government, of course, does nothing. (It does set up the usual "inquiry commission", and put up a fat assed bureaucrat in charge of the inquiry, of course). So, people turn to gold as a "safe" investment, in spite of the fact that gold has proven to be a lousy investment over the last several years. If your questions were genuine, or your facts were substantiated then you are invited. Heh heh. Salaam salaam for the invitation ;-) I know that the facts that I present are so "in your face" that the best you can do is to squirm and make the oh-so-original "you hate india" comments and call names.