Re: the crazy price of gold...
Actually, India's role in the price of gold is not as big as you think. They have a seasonal demand during weddings, but so does Pakistan and the Arab world, and that seasonal demand has been around forever. The real reason the price of gold is so high lately is because the American dollar has weakened and more people are investing in gold rather than the dollar. Apparently, it might go as high as $1000 an ounce, but that it'll eventually come back down. In the 1980's, it was this expensive and it eventually came down in the mid 90's.