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11 sats \ 1 reply \ @Undisciplined OP 14 May 2024 \ parent \ on: Why Gold Is Such A Terrible Investment econ
He mentions that Indian's aren't as into gold as they used to be. Is that related to the legal change around gold a few years ago?
I don't remember the details, but I remember there was a big change to gold regulation or taxation in India.
Yes, now it's more regulated so people don't wanna invest in it as previously. But, yes I'm buying from some local goldsmiths without bill and in cash, albeit in smaller amounts.
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