few points of view 3 The India rupee is fall falling which makes...

few points of view

3 The India rupee is fall falling which makes gold expensive and causes gold demand to fall.

Thats the whole point! if your currency is in the drain get out of it and into other currencys one of the most recognized forms of money is GOLD as it has nearly the same value all over the world another is USD EURO but in a long term view they can be risky holding large amounts of wealth in @ 0% deposit rates etc.

5 If gold continues to fall China might sell its gold resulting is a very large correction

see above not good for china holding 5trillion odd of USD

Therefore I forcast it is posible for gold to fall below $800 short term. I dont have a crystal ball but if certain events occur gold will crash.

totally agree it could happen! But that would require some higher interest rates, which I would guess would send the stocks in free fall with the whole global economy in mass bankruptcy.

jim rickards suggested portfolio for store of wealth
PM 20%
land 30%
art 20%
cash 30%

always keep up the research tho