We live in Gajuwaka, Chinagantyada, near police station. These roads were dug up exactly 15 years back stating they are installing a water pipeline which they took good one year to finish for this small street and the roads were not repaired since then. Heights of negligence.
Kotak wants gold converted into so-called productive financial assets.
The import bill is a macroeconomic concern for policymakers, not an individual saver’s responsibility.
When you buy physical gold, you are effectively shorting fiat currency and protecting your purchasing power against the risks of the monetary system.
Why should individuals sacrifice that protection to solve a problem policymakers created?
Gold is held outside the system for a reason.
@ariaradnia You do realize he is a TV personality and is probably paid by insitutions to push an agenda so that they can sell to the public at higher prices?
@bansalabhishek5 With companies like these, one additional check I like to do is to go to Google maps and see reviews sorted by newest. It tells a lot about the business and if it will succeed in the long term.
@investorniti Thank you for the analysis.
RE: Schloss Bangalore, what do you think is a good valuation? Management seems confident of achieving 2000cr EBITDA by 2030.