Gold ... Blame it all you want

Hi,

People say that India is a developing country. People say that India has a low standard of living and so many other things. I have no intention in agreeing or disagreeing to them but when they say that India is a poor country, I find it hard to believe. I may be wrong but look at my argument and then correct me if I am wrong.

In India, gold is a prized asset. It is a worthy item to bet on. When you see every household, we stock gold up in the form or ornaments against the ideal decision of coins which would be better investment. Every household has at least 5 grams of gold. Taking the current prize of gold in India, isn't that quite a lot of wealth?

Think about it
Q

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