Updated: Nov 11, 2020
Gold was currency for the purposes of trade from ancient times till some 50 years ago when the GOLD STANDARD was abandoned in favour of paper money in the form of bank notes as we know it today.
Why was gold so regarded? Because it is the one thing that lost the least value over stretches of time.
Even though the world now operates with paper currency, most countries still hold gold bullion in its reserves, with the USA holding the biggest pile in the world...if you go by official reserve records...but the reality is that India is the biggest hoarder of gold when you put official reserve records together with the total held in private hands.
"it is highly probable and likely that India has physical possession of more above ground (mined) gold than any other country in the world and unverified sources claim that this could be upto 20-25% of the gold ever mined"
Tyag Krish CEO Aspick Green Tech
In fact to put it into even more perspective, Indian housewives hold around 11% of the world's gold. That is more than the reserves of the USA, the IMF, Switzerland, and Germany put together!
So it can safely be said that Indians have a long affinity and a love affair with gold and why not, it is a thing of beauty.
Whilst today the value of gold has been turned into pure monetary terms, there was a time when the value of gold was much greater than that - it was a source of healing and life.
"Gold is strengthening to the nervous system and the heart, improves memory and intelligence, and increase stamina. It is also good for week lungs. Gold can be helpful for students' pre-exam tension....
The energy of gold may be harnessed by preparing gold medicated water. Use pure gold(24 karat) such as a gold band. Place the gold into 2 cups of water, and boil until 1 cup evaporates. Take 1 teaspoon of this gold water 2 or 3 times a day to energize the heart, strengthen mental faculties, and awaken pure awareness"
Maybe one day Golden Buddhas will be immersed into the polluted waters of rivers so that once again they are beautifully clean for kids to play in.....
Not so long ago in the dim distant past, my grandmother used to put a piece of gold in a pot of water and this is the gold water that she used to drink and have her grandchildren drink....today I carry on with that tradition and I too drink water from a clay pot which has a tiny 24K gold piece in it and my kids drink from this pot too.
With all the issues of polluted waters around the world today, perhaps it is time to put some of this hoarded gold to better use....and perhaps India could start this practice as the largest hoarder of world's gold and with the most polluted waters in the world...
Credit & Talent
Thank you to all the talent below which made this post so good!