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DannyT

Gold & Gems 'worth Up To £14 Billion Unearthed From Indian Temple

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Amazing B)

"The dazzling hoard – which includes coins minted when the East India Company dominated trade with the sub-continent – has lain untouched for nearly 140 years.

The value of the collection has been estimated at up to £14 billion, with new discoveries still to be catalogued. Antiquarians described the treasure's worth as "astronomical".

Highlights include gold and silver bullion dating back to the Napoleonic era, precious stones wrapped in silk bundles, thousands of intricate pieces of diamond and emerald-studded jewellery.

The treasure is currently being retrieved from chambers beneath the Sree Padmanabhaswamy Hindu temple in Thiruvananthapuram, capital of the southern state of Kerala – which was formerly the feudal state of Travancore.

According to locals, generations of rich Travancore maharajas who built the temple more than four centuries ago secreted immense riches within six of its thick underground stone vaults, three of which had not been opened since 1872."

http://www.telegraph.co.uk/news/worldnews/asia/india/8616698/Gold-and-gems-worth-up-to-14-billion-unearthed-from-Indian-temple.html

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Now you want to talk about house prices :)

Thats 2 big gold finds in 2 days. Ever get the feeling that someone is tying to drive gold prices down?

Accounts state that besides more than 2,500lb of gold coins and precious stones, the booty recovered from vault 'A' included gold ropes; a 3ft 6in idol of the Hindu god Vishnu embedded with diamonds, emeralds and rubies, and an 18ft-long gold chain weighing more than 75lb to adorn it.

That is not going to be entering the bullion market.

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Awesome, it's good they didn't have an Indian equivalent of Gordon Brown back then, or it would have been plundered and sold. A vault full of notes would have little value today.

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That is not going to be entering the bullion market.

Lots of things don't enter the bullion market...

In HK a bloke made an entire bathroom out of gold, his gold toilet was worth $19 million US in 2006 dollars. It was $565/oz back in 2006 ~ 36121oz of gold in that toilet :blink:

He died but put a covenant on the toilet so that it can never be melted down.

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  • 312 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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