If you believe in hidden treasures and supernatural powers guarding them, then this story will interest you as much as it has stirred Archaeological Survey of India (ASI). The Government agency is all set to dig a 19th century treasure of 1,000 tonnes of gold after a sadhu apparently dreamed about it and convinced a Union Minister that it could help alleviate some of the countryâs financial troubles, an Indian Express report stated http://www.niticentral.com/2013/10/...ment-sends-asi-to-dig-up-treasure-144481.html
So taken was Mahant with the letter that he even prodded the Geological Survey of India into carrying out a preliminary survey. A GSI team visited the site on October 4. âThe survey has indicated huge deposits of metal with low conductivity. It means three options: gold, silver or lead,â said a senior official. Source: http://www.newsbullet.in/india/34-more/46564-sadhu-dreams-government-goes-on-gold-hunt Archeologists from the ASI said they had carried out initial drilling at the site and discovered a hard material around 20 feet from the surface. Source: http://www.telegraph.co.uk/news/wor...st-treasure-after-holy-mans-golden-dream.html
I am being facetious. If you are to believe they will find 2K tonnes of GC, Paulson's position might get a little hotter still.
gold has "low conductivity"? Apart from this: 1000 tons of gold is 32 million troy ounces of gold. Or somewhere between $10 and $40 billion, depending on how much the price of gold will be depressed by dumping that much of it on the market. $40B is going to save India from bankruptcy? I don't think it could even save Greece.
People like to believe in miracles and things that may not be real. Isn't that the business model of Walt Disney?