Jose Paul Martin

Jose Paul Martin
Contributor since: 2007
To the first comment, he's certainly ignorant sitting at his screen - thinking the vast majority are subsistence farmers. Get an education dude. The rising middle class is what is driving the growth their - google "Indian demographics"
<blockquote>Gold doesn't grow on trees. Timber does.</blockquote&g...
Neither does real-estate, but then there's a great demand for land! The moment something of value has stopped being produced - the premium on that increases. There are many more uses for gold than just jewelry.
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Neither does real-estate, but then there's a great demand for land! The moment something of value has stopped being produced - the premium on that increases. There are many more uses for gold than just jewelry.
First of all, you might have been unlucky with HDFC Bank. With respect to their internet banking, its far more smoother than ICICI Bank (try doing a trade and you will see the issues with allocations and changing accounts, to shift between IPOs,MFs and Equity!). Further, my own research finds that ICICI Bank had recently dolled out around 95,000 crore worth of housing loans for 25 yr period... what happens if a real estate crash happens? No Brainer. ICICI Bank is no doubt good, but if you talk to some of the employees you will see how disorganized they are.
I'd like to differ... just look at the global cues. From a technical point of view, you see the index move in a similar tangent to those in the US's S&amp;P 500 (and elsewhere). From a fundamental point of view, you have a fairly stable growth. Government or no Government... its going to continue unabated. However, I'm against the fantastic mess that Mr. P.C is creating!! Seriously have doubts whether he's reading from ol' books!
Greg, I've done a brief analysis of the expected price of gold and factors affecting its trend. There are a couple of interesting links as well. Check it out at www.jpmartin.com/inves...