“Gold Loans- The Old Concept in a New Package” Introduction: It has been observed recently that Indians own more gold than the citizens of any other country. They use the glittering metal as ornaments to flaunt family wealth‚ as a source of retirement savings and as insurance against calamities. Gold and domestic savings: In rural areas in India‚ due to the lack of access to banks the poor continue to invest their savings mainly in gold. Also‚ there are strong cultural factors at work in India
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Gold—forms a significant part in the cultural fabric of India. It is ingrained in the minds of the Indians not just as a precious commodity‚ but as a symbol of religious and cultural belief. The economic history of any civilization cannot be told without its precious commodities. Some which would have been precious centuries back can be completely insignificant today. But gold is one thing that was and still is a very valuable product through which transactions were made across continents and civilizations
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Surveying the Indian Gold Loan Market Executive Summary Gold has long been a valued commodity‚ particularly in India where it is considered auspicious‚ and has been in use for centuries in the form of jewelry‚ coins and other assets. Though gold is a highly liquid asset‚ it wasn’t until recently that consumers leveraged it effectively to meet their liquidity needs. Lenders provide loans by securing gold assets as collateral. Compared with the rest of the world‚ in India the gold loan market is big
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The Gold Rush Was Not Beneficial for Everyone The Gold Rush was not beneficial for everyone for a variety of reasons. Firstly‚ the Chinese were treated very badly during the Australian Gold Rush‚ additionally‚ gold miners ruined Aboriginal land and finally‚ the Australian Gold rush created many social and economic problems for the whole Australian population. Firstly‚ the Chinese were treated very badly during the Australian Gold Rush. People from non-European descent were considered to be inferior
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Abstract This paper studies the impact of the mining company Barrick Gold in their Pueblo Viejo Project located in Cotuí‚ Dominican Republic. Many studies have been done to the actions of this company around the world‚ but this paper examines the situation of their project in the Dominican Republic and the effects that has caused both in the society and economy. This paper examines the Barrick Gold Corporation and the Protest Barrick Gold’s information provided by their respective
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The Gold Rush began in May of 1848 when the words‚ "Gold! Gold! Gold from the American River!" were shouted by Sam Brennan in San Francisco. The discovery ignited the flames of desire across the country and everyone was infected with gold fever. The topic of the California Gold Rush is a home run in terms of this years theme. We chose this event because of its significance in the foundation of our country and the impact it had on so many lives. People from all over the world traveled to the west
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The Klondike Gold Rush‚ also called the Yukon Gold Rush‚ the Alaska Gold Rush‚ the Alaska-Yukon Gold Rush and the Last Great Gold Rush‚ was a migration by an estimated 100‚000 prospectors to the Klondike region of the Yukon in north-western Canada between 1896 and 1899. Gold was discovered there on August 16‚ 1896 and‚ when news reached Seattle and San Francisco the following year‚ it triggered a "stampede" of prospectors. The journey proved too hard for many‚ and only between 30‚000 and 40‚000 arrived
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The Movie Blue Gold-World Water Wars is based on the book written by Maude Barlow and Tony Clarke. In this report‚ I will try to put some the good points about and the most examples of misinformation. Maude Barlow is National Chair of the Council of Canadians and Tony Clarke is Executive Director of the Polaris Institute‚ another Canadian organization. Both Clarke and Barlow are featured prominently in the film‚ which is directed by Sam Bozzo. What I Liked • Visually impressive • Discussion
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The California Gold Rush Research Paper There are few events that inspire mass movement the way the prospect of wealth does. The California Gold Rush was a mass movement sparked by the spontaneous discovery of gold nuggets at Sutter’s Mill. The news of communal gold caused men and women nationwide to flock to the West Coast. Different ethnicities‚ religions‚ and social classes were drawn to the prospect of becoming successful in California. Though mining skills were not hard to develop‚ the work
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Qianwen Miao Rebecca Fenton FINA- A155 2 Feb. 2015 Film Report “Caravans of Gold” talks about the value of the gold and the important role that gold play in trade in the early days of Africa. The gold is transported by camel caravans across the desert for 21 days. In Africa‚ gold stands for wealth. People are ranked by the amount of gold. The King of the Ghana is considered as the richest man in the world by African. In the film‚ we can see that the king wears lots of golden jewelry like bracelet
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