By forming a Committee consisting of the fighting regulatory bodies, automatically the path to formation of a Super Regulatory Authority is emerging....
In any economy, these kind of overlapping is possible and a mechanism must be available to define roles in regulation and bring transparency in the market place.
Eventually that should lead to controlling conglomertes.
Start Early, Proceed Systematically, Look Long Term
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All You Wanted to know about money
Saturday, June 19, 2010
Gold as an investment: the Indian version
Gold prices have again gathered momentum on the backof european carnage started with Greece. As the rest of the members get their jobs done, it will take an year or more for the global economy to look upward again. Though abberations may take place in between, the longer term perspective is growth.
Traditional wisdom is catching up the attention of the wealthy in the 21st century. Gold is known as store of value over longer time periods against inflation.
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When protection of hard earned money for longer periods become a prioirity, gold is the natural choice for many. The wealthy is no different.
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