Auction Power Guide

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Gold prices in India are at record highs. More investors are entering the gold markets trying to hedge against rising inflation while the traditional gold jewelry markets are on the decline.

In India, gold increased to a record high of about $497 per 10 grams following a global surge. This has triggered purchases from investors looking to protect themselves against rising inflation while scaring traditional consumers away from the markets.

In New Delhi’s jewelry market of Karol Bagh, the shopkeepers are worried about losing their long-time customers whose numbers have dwindled following a prolonged increase in the price of gold.

[Rakesh Saraf, Gold Society of Delhi]:
“There are more investors in the market and they are buying bullion bars and less of jewelry sale is there. Only a compulsive (compulsory) buying is there in the market where there is a marriage in the family and you have to buy.”

India is the world’s largest consumer of gold, and for centuries, gold has held an allure for Indian women.

It also forms an integral part of an Indian wedding where parents of the bride give their daughter gold jewelry as her dowry and a means of financial security.

But the high prices at the moment are worrying some traditional consumers.

[Swati Malhotra, Jewelry Buyer]:
“They are increasing so high I was thinking that when my son will grow up how will I manage his marriage? So I am investing right now for him.”

[Monica Suri, Jewelry Buyer]:
“Right now we are postponing that our budget is not so much that we can buy right now, let us see.”

Gold traditionally benefits from a weak dollar, times of political and economic uncertainty, and periods of rising inflation. Prices have doubled since the lows of 2008.

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XanGo™ has brought a completely new category to the marketplace and is growing faster than Microsoft™, Yahoo™, Dell™, Google™, Amazon™ and even eBay™! XanGo™ is the First Commercially Available Mangosteen Product, Ever. So Unique, it’s Patented! Manufactured by same company as Capri Sun™, Arizona Ice Tea™ & SOBE™

Over $500 million in sales in just the first 4 years with just one single product!
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The European Union has banned 1100 or more chemicals from their personal care A recession is a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in production, employment, real income, and other indicators. A recession begins when the economy reaches a peak of activity and ends when the economy reaches its trough. Between trough and peak, the economy is in an expansion.The Cosmetic Industry Review Board has ONLY assessed 13% of ingredients in personal care ingredients. Is what the average American applying to their skin affecting their health? People apply an average of 126 unique ingredients on their skin daily.

The traditional definition of “recession” is two consecutive quarters of negative economic growth, which hasn’t happened yet. But, it’s probably time for a change in how recessions are categorized, since it sure seems like we’ve been in one for a while now. Of course, the news wasn’t unexpected, although the Dow took a tumble afterward. It gets absorbed through the skin or it can also go down the drain to create an impact on wildlife, rivers and streams. Accumulated toxins in people is what is contributing to our increased sensitivities, illnesses, cancers, etc. Provides home business services, ranging from joint marketing to a consultant who will diagnose flaws in a marketing plan and explain how to correct them.

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