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Indian individuals have more gold stashed under their beds than then USA gold reserves. Mostly jewelry. It's a tremendous drag on their nations productivity. Bu
by gandalfian 5y ago
Indian individuals have more gold stashed under their beds than then USA gold reserves. Mostly jewelry. It's a tremendous drag on their nations productivity. But hard to argue with given their history. They are by far the largest single source of gold demand.
- Breza 5y agoInteresting. Do people use it like a savings account? If the money is needed, how likely is a person to liquidate part of their stash?