Back

To one’s who bet against India: This is “THE MATH” you have never considered. - Indian households have 25k tonnes of gold, which at current valuations is worth approximately Rs 245 lakh crore - If prices were to double, the resulting gain of Rs 245 lakh crore would add massively to national household wealth Consider this analysis below. .. Basis the latest data, India now has ~30 crore households. Thus, we are talking about a potential windfall of nearly Rs 8.2 lakh for each household, or Rs 1.68 lakh per capita. This is a humongous power. It would be an economic stimulus of a scale and inclusivity that is almost unparalleled in modern history. .. And to be frank, this vast, decentralised holding becomes critically important in the world we are entering. - As the dominance of the US dollar faces headwinds and global instability pushes investors towards hard assets, gold is poised for a significant revaluation (basis my analysis - no recommendations) - Our ancestors, through rituals and their invention of jewellery as a tool for inter-generational wealth transfer, have inadvertently prepared the nation for this exact moment. Or so I feel And, what happens when this revaluation occurs? The wealth effect will be staggering. Today gold retails at ~$3,350 an ounce. Imagine what happens when this number soars to $5k. Then $10k. A surge towards $8,000 an ounce itself would unleash a windfall delta of $3.7 trillion for Indian families, which is as much as the size of entire Indian economy today. .. And I know, some people would already be jumping to shout that I am speculating. But think people. Apple the brains. Gold’s price has jumped 3x in last 10 years. Why can’t it 3x again in next 10 years? It is very much possible! And here, for 2k I am simply talking about 2.4x gain. That’s even more possible! .. And consider this: This isn't wealth locked away in institutional vaults; it's capital sitting in cupboards and lockers across the length and breadth of the country. This is the key differentiator, and it matters. Why? Unlike an equity market rally that disproportionately benefits institutions and the top percentile of society, a gold price boom is the most democratic form of wealth creation for India. It directly empowers millions of middle-class and rural households, potentially igniting a consumption and business investment cycle from the grassroots up. .. In a world where the West's consumption engine may be sputtering, India's ancient fascination for a yellow stone could be the unlikely catalyst that funds our modern ambitions. This might just be the serendipitous blessing that ensures India's tryst with destiny is finally and gloriously fulfilled. What do you think?