Post #10412 by knighttof3 on the Berkshire Hathaway board

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It has reached the point that, barring some cyclical squiggles, everybody who wants gold already has it, so the price is net flat over remarkable time frames.

Us Indians are furiously making more Indians to take care of precisely that problem.
As long as a "soft dowry", in the form of bedecking the bride in gold, persists in Indian weddings, and Indians' purchasing power keeps going up, demand will keep increasing.

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