PDA

View Full Version : Things That Make You Go Hmmm... Like India's 'Gold Refuge' From "The Establishment"



EE_
3rd November 2013, 02:45 PM
http://www.zerohedge.com/news/2013-11-03/things-make-you-go-hmmm-indias-gold-refuge-establishment

Horn
3rd November 2013, 03:04 PM
Some 13 per cent of Indian families, more from rural areas, borrow against gold as collateral; while rural India borrows from the unorganized financial sector, urbanites access bank loans.

No doubt 14% lose their gold in the same fashion.