It's better to avoid some of the Kerala jewelers. Especially this Malabar, Joy / Jos Alukkas etc.
🚨SHOCKING - FIR against Malabar:
A man walked into a Malabar Gold showroom in Bilaspur with a simple request: exchange his old 22-carat HUID-hallmarked bracelet.
The staff ran it through their XRF machine. Once. Twice. Three times.
Every reading came back the same: 20 carat.
They even told him the hallmark didn’t exist.
He called the local jeweller who had sold him the bracelet. The jeweller walked in, confirmed the HUID, and asked them to test it again.
Same machine. Same bracelet. Same room.
This time an employee adjusted something on the machine. Suddenly the reading flipped to 916 - pure 22 carat.
The jeweller recorded everything. The Sarafa Association arrived. Police registered an FIR against the showroom manager and the machine operator. The machine and DVR were seized.
This wasn’t a small local shop. This was Malabar Gold “the chain that advertises trust, purity, and BIS standards across India”.
One bracelet. Two readings. An 8% gap in gold value. And the only thing that changed was who was watching.
If a hallmarked piece can magically lose two carats the moment a customer wants to exchange it, and magically regain them the moment someone pushes back, what exactly is the machine testing?
Customers don’t walk into Malabar expecting a calibration error that only appears when they’re selling gold.
They walk in expecting the purity printed on their receipt.
The FIR is real.
The readings are on record.
The machine was seized.
Malabar still hasn’t explained why the same piece of gold needed a “setting” before it became 22 carat again.
Until they do, this isn’t a machine glitch.
It’s a business model.
Alan retweeted
Gold prices in India seem to be falling and it's now fallen 20% from the Jan 2026 peak, even after the govt increased duty from 6% to 15% in May. In fact, it's lower than pre-duty May prices now.
Just be aware that gold has long periods of no returns (or negative returns)
Mean while, சிம்ம ராசி ஆளுங்க எங்க நிலைமை..
12 ஆண்டுகள் கழித்து சிம்ம ராசியில் உருவாகும் குரு மங்கள யோகம்: இந்த 3 ராசிக்கு டபுள் ஜாக்பாட் அடிக்கப்போகுது!
#Astrology #AstroSpecial #ZodiacSigns #OneindiaAI #TamilOneindia
Alan retweeted
These Fund Managers they are so deceiving, held zero cash always
Oh bhai your main money comes from your AUM fees and job as Fund Manager, that allows you to be a High Income earner and hence fully Invested without having to worry about paying bills and you get the fees irrespective of Market going up or down
Vs. you can't give this crap to everyone else, Equities has genuine risk and 2008 is the best example of that
“Throughout my 25 year investing journey, I have held zero cash, always stayed invested, and my compounding has been 30%” says @vikaskhemani of @carnelian_asset
We spoke about his latest venture , the mutual fund business and why he decided to start with a small cap fund first. Full episode out now ✨
I watched this in Maruti theater in Coimbatore. One of those theaters famous for screening popular English movies.
(Watched "Who Am I" there :)
Gold at 7K to 8K/ gram is ideal for consumers.
Else it's risky to store or wear it.
🚨 Big Breaking : Gold Can Crash Upto 40% From ATH Report By BOA. @grok Explain In Indian Pricing Terms Per 10Gm.
எப்படி கணக்கு போட்டு பார்த்தாலும் 45K-50K ரூவா இருந்தா எந்தவித lifestyle சமரசமும் பண்ணாம கோயம்புத்தூர்ல நல்ல சவுகரியமா இருக்கலாம் போல.
இதுல சோலார் போட்டு ஒரு EV வாங்கி போட்டா 3-4K மிச்சம் ஆகும்!
(சொந்த வீடு + school fees இல்லாம)
ஒரு வேளை நாம தான் over panic mode la prepare பண்ணிட்டு இருக்கமோ? 🥸 இதுவும் நல்லது தான்.