Brijith Lal

Chartered Accountant | Investor | Exploring gold, silver, equity & macro trends | Value investing & geopolitics through a data lens

[Mr. PishQ 🇮🇳 @iamPishku]

വീണ ജോർജ്ജിനെ ksu ഗുണ്ടകൾ അക്രമിക്കുന്നതിൻ്റെ റെയിൽവേ സിസിടിവി ദൃശ്യങ്ങൾ..

വീണ ജോർജ്ജ് SIT ക്ക് കൊടുത്ത മൊഴിയിൽ പറയുന്നത് പോലെ തന്നെയാണ് കാര്യങ്ങൾ..

@vinuvjohn എന്ന pervert മാ��്ര ഇന്നലെയും സഖാവ് വീണയെ ആക്ഷേപിച്ചത് നടി എന്നാണ്.. ലവൻ്റെ കുടുബത്തിൽ ഇത് പോലെ ഒന്ന് സംഭവിക്കട്ടെ..

[Nidheesh M K @mknid]

For many of us journalists, John Brittas has become over the years one of the first people we call when we face harassment from the state. He has stood up for journalists and others facing oppression, and has been a strong voice of the Opposition.

Today, he was dragged into a police bus while protesting, assaulted, and dumped on the roadside.

Solidarity with you @JohnBrittas. If this is how the police treat an elected MP, imagine what an ordinary citizen faces.

[CPI (M) @cpimspeak]

The battle for democracy is on! #JantarMantar

[Arvind Gunasekar @arvindgunasekar]

CPM General Secretary MA Baby moves SC challenging restrictions imposed in New Delhi ahead of the proposed CJP/Student Organisations protests.

SC to hear the plea shortly.

[Soumitra 🌻 সৌমিত্র சௌமித்ரா سومترہ @netshrink]

Unforgivable !!
You first put a story that a dead student was caught cheating. Now you apologise for putting an unverified story.
But the damage is done - the dead student is not here to defend his name against slander

Is anyone at @iitbombay taking responsibility & resigning?

[Brijith Lal @Brijithlal]

Does he know the correlation between import duty and gold smuggling?

[Zakka Jacob @Zakka_Jacob]

Declare gold a sin good. Just like tobacco and alcohol. Impose 200% duty on import of gold. People will naturally stop buying gold. It will mean short term pain but reduced dollar outflow and better rupee and CAD support.

[Brijith Lal @Brijithlal]

@Ad_Tel_210168 Iran must have learned that from Vietnam, the only other country which defeated the US.

[Brijith Lal @Brijithlal]

Dollar falling vs gold,
Rupee falling vs dollar.
Returns in rupees are a lie.
Real returns should be measured in gold.

[Luke Gromen @LukeGromen]

https://t.co/HQqGVEl365

[Brijith Lal @Brijithlal]

They reduced the duty in 2024 from 15% to 6%, which dampened the smuggling a bit but with the prices rising the smuggling would also be lucrative. Before 2024 it was said that there was a 4-5 lakhs profit in smuggling 1 KG gold after all the expenses (carrier charges, transportation, melting etc).

Better to reduce the customs duty to 2-3% this will reduce the smuggling and the revenue loss can be made up with formal gold trade GST 3% and the excess customs duty from gold that would have been lost due to smuggling.

[Brijith Lal @Brijithlal]

@WeekendInvestng This is why I am bullish on Gold Finance companies and Private banks with a focus on Gold loans. They are going to experience growth similar to what Bajaj Finance saw with consumer loans. Plus, there is a near-zero chance of loss due to default.

[Brijith Lal @Brijithlal]

@bhargavihemmige Enter with small lots, Better to wait for this quarters result to be declared so that we can get an idea how the gold price gets reflected in its earnings.

[Brijith Lal @Brijithlal]

A 50% jump in gold prices this year quietly boosted some banks’ fortunes.

🏦 CSB Bank: 43% loans backed by gold
🏦 South Indian Bank: 20%

Rising gold =
• More room to lend
• Stronger collateral
• Higher returns

Gold’s rally isn’t just for investors, banks ride it too. 🪙📈

[Brijith Lal @Brijithlal]

Looks like the New Year breakout came early #GOLD

[Brijith Lal @Brijithlal]

Gold finishes the year in a bullish consolidation below all-time highs.
Trend support is holding.
This setup favours a New Year breakout. #GOLD

[Brijith Lal @Brijithlal]

Gold finishes the year in a bullish consolidation below all-time highs.
Trend support is holding.
This setup favours a New Year breakout. #GOLD

[Brijith Lal @Brijithlal]

Gold vs Bitcoin – Indian tax math 🧮
Assuming gold is held for more than 3 years, taxed at 12.5% (LTCG), and Bitcoin at 30%, an 8% annual return on gold equals ~9.8% on bitcoin after tax.
Bitcoin needs to grow just 1.23× faster to match gold’s post-tax gain
#Bitcoin #Gold #Tax #India #Investing

[Brijith Lal @Brijithlal]

@zerohedge This all started when the US blocked Russia from SWIFT and seized its dollar reserves.

[Brijith Lal @Brijithlal]

A 50% jump in gold prices added ₹10,000+ lakh crore to Indian household wealth. Mostly rural, mostly women held, mostly illiquid. But it quietly boosted collateral, credit access & confidence.

Gold's job was never yield it was insurance against uncertainty.

[Brijith Lal @Brijithlal]

@PeterSchiff When evaluating the performance of gold and Bitcoin, it is important to consider that gold has served as a form of currency for approximately 2,700 years, while Bitcoin has been in existence for only 16 years.