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<blockquote data-quote="warwickuni" data-source="post: 26616871" data-attributes="member: 101444"><p>It was bought by Swarnamahal sometime back. I do not know the present owners as swarnamahal is also bankrupt.</p><p>If it is swarnamahal do not trust as their gold is from 'chain snatchy thieves' who pawn them to their island wide pawning centres. That is how they give gold jewellery at cost. It is impossible to give gold item at its gold value as labour and other overheads which are fairly high. We do not have large gold reserves too. So the only way a gold item can be given at its gold value is that it was 'stolen' gold. This is the hard truth and it is sad this is not brought to the light by our media! or social media.</p><p>If you have any doubt about what was stated just check how many cases were thieves were caught and what happened to the gold. It is impossible to recover gold as they pawn them as soon as sntched and pawn center knowing that it was stolen also melt them without even waiting due time and auctioning of uncleared items! </p><p>Any person who had done economics would agree that no item cannot be given at the cost of material. This is an easy thing to understand, and this will never happen when the material is having a global market and price such as gold, silver, diamond, and other precious irons ....</p></blockquote><p></p>
[QUOTE="warwickuni, post: 26616871, member: 101444"] It was bought by Swarnamahal sometime back. I do not know the present owners as swarnamahal is also bankrupt. If it is swarnamahal do not trust as their gold is from 'chain snatchy thieves' who pawn them to their island wide pawning centres. That is how they give gold jewellery at cost. It is impossible to give gold item at its gold value as labour and other overheads which are fairly high. We do not have large gold reserves too. So the only way a gold item can be given at its gold value is that it was 'stolen' gold. This is the hard truth and it is sad this is not brought to the light by our media! or social media. If you have any doubt about what was stated just check how many cases were thieves were caught and what happened to the gold. It is impossible to recover gold as they pawn them as soon as sntched and pawn center knowing that it was stolen also melt them without even waiting due time and auctioning of uncleared items! Any person who had done economics would agree that no item cannot be given at the cost of material. This is an easy thing to understand, and this will never happen when the material is having a global market and price such as gold, silver, diamond, and other precious irons .... [/QUOTE]
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