“~20 years ago, when asked for stock market advice in the 2004-7 teji, by my house help & guard, Yadav, I told him ‘Chup chaap, Gold mien har month paisa daalte raho. Aur annual bonus ka paisa Zameen mien daalte raho. Yeh stock market ki taraf khabardaar kabhi dekha to…’,” Sharma wrote on X. “Today, Selling some Gold & a bit of his village land, he bought a stunning apartment in Bombay. And has no idea who RBI Governor is, or about anything else, for that matter.”
Sharma posted a video of the apartment along with his message, drawing attention across investor circles for the sheer simplicity and success of the strategy.
~20 years ago, when asked for stock market advice in the 2004-7 teji, by my house help & guard, Yadav, I told him ” Chup chaap, Gold mien har month paisa daalte raho. Aur annual bonus ka paisa Zameen mien daalte raho. Yeh stock market ki taraf khabardaar kabhi dekha to…”… pic.twitter.com/WRgTWVu264
— Shankar Sharma (@1shankarsharma) October 23, 2025
Gold takes a breather
The anecdote came as gold prices were cooling after an extraordinary run-up. As of Friday, gold was set to end a nine-week winning streak with a 3% weekly decline to $4,118.68 per ounce, its sharpest drop since May. The correction followed a more than 50% surge this year that saw the metal repeatedly test record highs.
In domestic markets, MCX December gold futures traded 1% lower at Rs 1,23,222 per 10 grams, while silver slipped 1.5% to Rs 1,46,365 per kg on Friday morning. Earlier in the week, gold had plunged over 5% in its biggest intraday fall in five years, and silver tumbled 6% to $48.62 per ounce — its worst weekly performance since March.
Despite the recent pullback, major brokerages remain optimistic. JP Morgan analysts, according to Reuters, reiterated their bullish stance, projecting that gold prices could average $5,055 per ounce by the fourth quarter of 2026.For Sharma’s house help, however, the story isn’t about forecasts or timing. It’s about quiet consistency, a lesson that, even in the age of algorithmic trading and market mania, still shines brighter than gold.Also read | BSE shares rally 15% in a month. Is this the start of a new bull run or just a technical rebound?
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
