Organised Robbery of Indian Gold

[Hammertime007]

There has been a report of high level of robberies by mainly black gangs of Indian Gold.

Though the robbers are blacks, Indian Jewllers also have a signitfance hand in all this., to the extent where they organize the robberies.

The black gangs rob people of their gold and sell to Indian Jewellers who then melt it down so it cant be traced and sell it back to the community.

Banks are also involved, there was a time when our people would keep gold in bank for safety.

Not anymore , bank employees also steal the gold from the bank. Not many banks are keeping gold for safety, they want it in houses or worn on the street where it can be robbed.

The above has been confirmed by Punjabi WPC officer in the UK, that this is going on, and has confirmed it to us thaht THEY ALL IN IT TOGETHER. i have also been the victim of one of the above an immediate family of both black robbers and bank operatives stealing gold.

Advice is if you keep hold it must be the bear minimum, or sell it or use money somewhere else like investment or go vist somewhere where you've never been like USA.

[HSD2]

I have never understood Sikh people's obsession with gold, especially in the UK. Gold is worth so much money and with the collapse in law and order in the UK and massive increase in the free for all in criminal activity it is stupid to hold onto it. Just another example of a Sikh community with its head in the cloud leaving it exposed to be taken advantage of.

Good thing, you mention banks too. So many refuse to acknowledge book accounts or claim they have 'lost' boxes that they are not worth dealing with. British institutions are becoming increasingly 3rd world. Better off getting rid of your valuables for a good price like Hammer said or storing them abroad or a reputable foreign bank (i.e. a country with a stable future outlook).

[PAL 07]

the value of gold has risen consecutively for 13 years. If you bought a 24 carrot gold chain 10 years ago for 100.00 from india, today you will get 400.00 for it.

[MrDoaba]

high level of robberies by mainly black gangs of Indian Gold.

:no: Nothing new here.

[Hammertime007]

the value of gold has risen consecutively for 13 years. If you bought a 24 carrot gold chain 10 years ago for 100.00 from india, today you will get 400.00 for it.

Every where you look around the UK, theres advertisment "cash for gold" "sell gold here"

[Hammertime007]

I have never understood Sikh people's obsession with gold, especially in the UK. Gold is worth so much money and with the collapse in law and order in the UK and massive increase in the free for all in criminal activity it is stupid to hold onto it. Just another example of a Sikh community with its head in the cloud leaving it exposed to be taken advantage of.

Good thing, you mention banks too. So many refuse to acknowledge book accounts or claim they have 'lost' boxes that they are not worth dealing with. British institutions are becoming increasingly 3rd world. Better off getting rid of your valuables for a good price like Hammer said or storing them abroad or a reputable foreign bank (i.e. a country with a stable future outlook).

The worst thing is about the bank, i have actually seen their letter of apology and submitting compensation, they own up to an "internal mistake" and requested don't mention this to anyone or any organization....could you belive that !

[Shaheed Singh Khalsa]

When the value of the queen or presidents head is not worth the paper it's printed on, remember that gold and silver will always remain the commodities worth 'something' to the bearer and receiver ;-)