(A PUBLIC LIMITED COMPANY)

Dewald van Rensburg | Sun, 05 Jun 2011

MOST gold mines in South Africa will shut down within a decade.

Despite the gold bull market of recent years, with the gold price rising sharply, South Africa‖s gold reserves

(gold in the ground that can be extracted profitably) are becoming depleted at a rate that, within 12 to 14

years, will mean the end of the industry on which South Africa's economy has been built.

Not only are the reserves becoming exhausted, but

because of sharply rising costs more and more of the

remaining reserves – those with poor ore grades and deep

below the surface – would not be profitably extracted any

longer.

For years it has been realised that within a decade or two

the South African gold mining industry will consist only of

Gold Fields' South Deep Mine near Johannesburg.

The country‖s three gold giants, AngloGold Ashanti, Gold

Fields and Harmony, still hold by far the majority of

reserves.

These three groups‖ reserves have fallen from 6,234

tonnes to 4,238 tonnes since the beginning of 2005.

At this rate of decline their reserves will be exhausted within 13 years.

Gold Fields' big ‗mine of the future‘, South Deep, carries a full quarter of these reserves, distorting the rate at

which the reserves are shrinking. Being a new gold mine, its reserves are still on the increase.

The rate of decline of the reserves of all the other mines owned by the three giants gives them less than ten

years of continued production.

About a tenth of these reserves are moreover in the form of mine dumps from which gold is being recovered.

Over the past five years there has been large-scale rationalisation

in the gold industry, which has resulted in the former production

of 375 tonnes / year falling to less than 200 tonnes.

The closure of shafts further reduces the available reserves

because, without the infrastructure, they cannot be exploited.

South Africa still has the world‖s biggest gold resource, but most

of it will never be exploited because the grade of the ore is simply

too low for profitable production.

Apart from the few huge mines that will survive the decade,

there are some new small-scale developments like Gold One‖s

Modder East Mine in springs and Great Basin Gold‖s Burrstone

Mine near Balfour.

Most of the sector, which currently employs 150,000 people and

contributes hugely to exports, taxation and a demand for a

variety of industry inputs, will however disappear.

If the current strength of the gold price should come to an end, the outlook will rapidly worsen.

Gold mines are facing not only sustained cost inflation, but will soon have to foot the bill for acid mine water,

silicosis, the legacy of old abandoned shafts without owners, and hostel complexes that will have to comply

with strict new standards by 2015.

Gold's Physical Quantities

Gold is a chemical element so it can only be found, not manufactured. It is largely inert, which means:

Over the past decade, the value of gold has risen sharply, from about $279 per ounce in 2000 to around $1,300 per

ounce in mid-2010. Yet for most of the previous two centuries, the per-ounce price was stable for extremely long

stretches. From 1833 to 1918, for example, the price of gold never rose more than six cents from its initial price of $18.93

per ounce, and between 1933 and 1967 its price rose just 26 cents per ounce, despite dozens of inflationary crises and

economic downturns.

Gold is so soft and malleable that an ounce of it could be stretched into a wire 50 miles in length, or be

flattened into a sheet 100 square feet in area.

Despite its softness, gold is so incredibly dense and heavy that a cubic foot of it weighs half a ton. In 1875,

English economist Stanley Jevons calculated that if the 20 million British Pounds in transactions that

cleared the London Bankers Clearing House each day were paid in gold coins, it would require 80 strong

horses to haul them away.

Much of today's gold supply comes not from digging deep mines in search of ore-bearing veins, but from

sifting through vast quantities of soil for loose grains eroded from mountains and carried by flowing water.

In order to extract South Africa's annual output of 500 tons of gold, for example, about 70 million tons of

earth must be milled — an amount equivalent to the Egyptian pyramid of Cheops in volume.

While no one knows for certain how most heavier elements like gold are made, what is known about the stellar origin of all

elements is that a star's nuclear furnace can only produce nuclei up to the size of iron (atomic number 26 - gold is 79). The

best guess for the source of all heavier elements is the only force in the universe with the enormous energy needed to fuse

large nuclei: a supernova explosion. So the next time you hold gold in your hand, try to imagine mind-blowing

circumstances of its birth, a genesis that must reach back to before the origin of our Solar System.

According to the World Gold Council, about 70 percent of the world's gold output is used for making jewelry. Only about 13

percent is used to make coins, put in nations' central banks or purchased by investors. The rest goes to a variety of uses,

such as industrial applications and dentistry. India is the biggest consumer of gold, snapping up about a quarter of the

world's supply. According to an article in Diamond World magazine, the South Asian nation imports about 800 tons of gold

annually, and uses about 600 tons of it to make jewelry.

The karat, the measurement of the purity of gold, originally was a measure of weight. The unit was named after the fruit of

the leguminous carob tree, whose pods each weigh about one-fifth of a gram.

Gold is prized not just by jewelers and bankers but by electronics manufacturers because its high degree of thermal and

electrical conductivity makes it an excellent material for efficient wires and contacts. It's also durable and highly resistant

to corrosion, and so sufficiently malleable that gold alloys can be drawn into extremely thin diameters without breaking.

The vast amounts of gold and silver seized by Spanish conquistadors and shipped back across the Atlantic in galleons

increased the European supply of precious metals five-fold between 1492 and 1600. But all that gold actually weakened

the Spanish empire, rather than enriching it, because the Spanish used it to buy consumer imports rather than investing

the wealth in productive enterprises that would generate income. That drove up prices, which made the gold worth less,

and Spain wound up amassing huge foreign debts that ultimately led to its decline as an international power.

In relatively pure form, gold has a characteristic sun-yellow color. But when combined in alloys with other

metals — silver, copper, nickel, platinum, palladium, tellurium and iron, among others — it can take on

hues ranging from silver-white to green to orange-red.

Value @ 1421$/Oz

Particulars Tones % Bn USD

Above

Ground

reserves

Jewellery 83700 51% 3.823

Industrial 19800 12% 904

Investments 29600 18% 1,352

Official

Sector

28900 17% 1,320

Misc 3200 2% 164

Total 165200 7,564

Underground Reserves 22000 1,005

Total 187600 8,569

Global Gold Holdings

Source: World Gold Council

March end Year Gold Price Rs.

1925 18

1930 18

1935 30

1940 36

1945 62

1950 99

1955 79

1960 111

1965 71

1970 184

1975 540

1980 1330

1985 2130

1990 3200

1995 4658

1996 5713

March end Year Gold Price Rs.

1997 4750

1998 4050

1999 4220

2000 4394

2001 4410

2002 5030

2003 5260

2004 6005

2005 6165

2006 8210

2007 9500

2008 11895

2009 15185

2010 20553

2011 28729

The Table Rates for 10.Grams

Importance of Gold in Indian Culture and Religions

Many people think that Indians are gold crazy. Though this statement cannot be completely denied the

truth is that Gold always had a special significance in all ages. One may recall that Gold was one of the

three gifts given by the three wise men on the birth of Jesus according to the Holy Bible. There is also

mention of the golden calf for idol worship and a statement that Abraham was rich in gold. It may also be

noted that the Hindu God Brahma is referred to as Hiranyagarbha which means born of gold as he is born

from the cosmic egg of gold. In Hindu mythology, some of the gods and goddesses are described as

golden hued with reference to their beauty.

The importance of gold can be understood in the saying all glitters are not gold. It also can be noted from

the way events or achievements are named like golden anniversaries, golden jubilee, gold medals, gold

credit card etc. In India people buy gold anytime and not only during special occasions like weddings,

festivals or special events. Gold is also offered to Indian deities. The Indian Hindu calendar even has

auspicious days to buy gold like Dhanteras and Dassera. Gold is also bought on festivals like Onam,

Pongal and Durga Puja.

Though gold has several applications or uses the main reasons why Indians take to gold are

Akshaya - refers to inexhaustible, never diminishing,

imperishable or eternal

Tritiya - refers to the 3rd phase of the waxing or the

waning Moon.

Akshaya Tritiya:

Most Special of All Tritiya Days

Most Blessed Day to Attract Abundance and Prosperity

Most Powerful Day to Donate to Poor and Needy

Most Auspicious Day for New Ventures

A specific window of golden time is opening through the 3rd phase of the waxing Moon in the Vedic month

of Vaisakha. On this day, the Sun and Moon are in exalted positions which mark their presence at the peak

of brightness. The special occasion happens once per year and is known as Akshaya Tritiya!

Secret of Wealth "The hand that gives is the hand that gathers" – is a timeless truth. One of the important Secrets of the

universe for manifesting material success is to first give with a pure heart. This act according to the Vedas

brings back the money manifold. On Akshaya Tritiya, the returns are not just manifold, they are infinite!

Did You Know?

Kubera, the Banker in heaven, got his coveted position on Akshaya Tritiya day due to his past habits of

giving on this day.

Any seed you plant this day will grow to infinite dimensions. Make sure your plant the seeds of prosperity,

joy, success, and compassion.

Get ensured for successful accomplishments with this golden start!

The Golden Temple or Darbar Sahib, located in Amritsar in

the state of Punjab, India is the most sacred shrine of

Sikhism.

Sri Harmandir Sahib, also known as Sri Darbar Sahib or

Golden Temple, (on account of its scenic beauty and golden

coating for English speaking world), is named after

Hari(God) the temple of God. The Sikhs all over the world,

daily wish to pay visit to Sri Amritsar and to pay obeisance

at Sri Harmandir Sahib in their Ardas.

Around 90,000 crore worth treasure (Nidhi) has been found in the secret cellars of the famous Kerala

Temple dedicated to Lord Vishnu - Sree Padmanabhaswamy Temple in Trivandrum (Thiruvananthapuram).

The 7 member paper appointed by the Supreme Court of India, has been preparing the list of valuable

found in the cellars of Sri Padmanabhaswami Temple. The temple has 6 Secret Cellars (Nilavara – a place

to keep assets safe) from Cellar A to Cellar F. Opening of each of these chambers is revealing a virtual

treasure trove with precious diamonds, golden ornaments, emeralds, jewelleries, rare antique silver and

brass platters and golden idols. An estimation of above 90,000 crore treasure was valued at the completion

of the 6th day of valuing the assets of Sree Padmanabhaswamy Temple in Thiruvananthapuram, Kerala,

India.

The main treasure found on the 6th day was a one foot (12

angulams) height golden idol of Lord Mahavishnu and a 30

kg golden ―anki‖. This golden idol of Lord Vishnu is believed

to be the replica of the ―utsava vigraham' used in the temple.

The golden idol of Padmanabhaswamy studded with more

than 1000 previous stones is valued to around Rs. 500

Crore. Another golden idol of Lord Sree Krishna was also

found which weighs around 5 kg.

Gold is everyone's dream

Make your Golden Dreams comes True

with

GRM GOLD INDIA LIMITED

The ultimate arbiter for any price is supply and demand. When demand exceeds supply, prices are forced to rise.

Demand is exceeding mining supply by 60 %!

Gold demand exceeds mine production by 1500 t / y.

One could think that because the price of Gold has jumped 50 % in the last three years, new suppliers of the yellow metal would be

quickly and furiously coming on line. But they haven‖t. According to the World Gold Council mine production 2004 dropped 5 % vs. 2003.

A declining Gold supply in the coming years only put additional pressure on an already. tight physical market.

Most analysts are ignoring the dismal Gold production picture. But the inability of the mining industry to bring on line new supplies this

early in the cycle will have a major influence on Gold prices, helping to boost them much higher than most expect.

The supply of Gold comes from five sectors – mine production, scrap recovery, central bank selling, producer hedging and investor selling.

Let‖s start with mine production.

The U.S. Geological Survey – a division of the Department of the Interior – recently announced that there are now less than 50,000 tons of

proven Gold reserves left in the ground worldwide. Already, physical demand is outstripping new mining supply year after year – and the gap

is widening. A supply crisis is looming.

Most analyst agree that total mine production has probably peaked for the foreseeable future. Over the past several years, companies have

bought reserves through merger and acquisition, spending little to discover new sources. It means existing proven reserves could disappear

in less than 20 years as the demand of Gold climbs. In fact, some experts believe reserves could disappear even faster than that.

Alex Davidson, vice president for exploration at Barrick Gold, warned that the Gold industry has invested little in exploration that current

reserves could be depleted in 10 years.

HSBC – the worlds largest clearing house of over the counter gold – is forecasting a 40 % decrease in Gold production over the next 10

years.

Toronto based Gold analyst Beacon Inc. Predicts a 30 % drop in global Gold production by 2015.

Why? Because even though producers understand the problem and are eager to produce more Gold as prices rise, there is a seven to

ten year project pipeline for Gold. So even if the major producers gear up to find and produce more Gold today, it would be to late to

avert a supply crisis.

The Gold industry is not going to be able to respond immediately to higher Gold prices. It is going to take a long time.

Even the U.S. government is now warning that the world will run out of in ground supplies of Gold within 20 years.

In the second quarter of the year, Gold demand is up 10 % in Japan ... 4% in the US ... 12 % in Saudi

Arabia ... and a huge 25 % in India, the worlds largest consumer of Gold. In China - where 1.3 billion new

consumers are flooding the world‖s investment markets - demand for Gold surged over 30 % year on year

during the second quarter. The deregulation of the Chinese Gold market was a huge event for the Gold

market. China has the potential to become the biggest consumer of Gold in the years to come overtaking

India at around 600 t to 700 t per year.

These region‖s surging demand for Gold is bound to continue on the fast track. And if some

of these economies experience the new surge in inflation many of their people - most of whom never

trusted fiat money in the first place - will rush to Gold like never before. Demand will increase

geometrically.

The future demand trend for Gold seems to be an one way ticket to the up-side.

Projections Estimation suppose you invested in 2002-2011

Investment Period

2001 – 2010

Rs.

Rate of Interest Return

Rs.

Insurance 10000 8.0% 22,080

Banks 10000 9.3% 25,076

Post Office/ NSC 10000 9.5% 25,571

Chits / NBFC 10000 11.0% 29,598

Gold 10000 15.73 Growth 46,779

Note : This facts is and example chart as per the rates of interest / returns given by various sectors in last 10 years

Event Period Gold Returns Equity Returns

In Finance Market 2010-2011 24.5 18.0

Subprime Mortgage Crisis Dotcom October 2007-March 2009 15.74 -59.07*

September 11,2001 terrorist attack March 2000 - October , 2002 14.18 -51.43*

Bubble/Asian financial crisis July 1997- September, 1998 -15.79 -59.06*

Bursting of the Japanese stock and

real estate bubble

December 1989 - April 2003 -17.77 -76.86*

Arab oil embargo January 1973- December 1974 182.24 -38.31*

World War 2 September 1939 - April 1942 -1.6 -37.49*

The Great Depression August 1929- June 1932 0.29 -87.74*

During uncertain turbulent

times gold affirmed its

position as an insurance

for investment portfolios

Source: Bloomberg, *Equity Returns refers to returns of MSCI World Index. ** Returns for MSCI Asia

Pacific Ex Japan Index, *** Returns of Nikkei 225 stock average ^Returns of Dow Jones Industrial

Average Past Performance may or may not be sustained in future. The above table and graph gives

an illustration of the performance of Gold on the basis of historical data, if invested directly. The same

should not be construed as an indication, promise, guarantee or a forecast of any returns. The details

may not necessarily provide a basis for comparison with any other investment avenues. Readers are

advised to seek independent professional advice and arrive at an informed investment decision

before making any investments.

Past Performance may or may not be sustained in future. The above table and graph gives an illustration of the performance of Gold on the basis of historical data, if invested directly.

The same should not be construed as an indication, promise, guarantee or a forecast of any returns. The details may not necessarily provide a basis for comparison with any other

investment avenues. Readers are advised to seek independent professional advice and arrive at an informed investment decision before making any investments. Source: World Gold

Council; MFI Explorer

12 months ended Q1’10 12 months ended Q1’11 Year on Year % chg

Jewellery

Total bar & coin invest

Total

Jewellery

Total bar & coin invest

Total

Jewellery

Total bar & coin invest

Total

India 597.5 261.7 859.2 679.5 355.2 1,034.70 14 36 20

Greater China 419.7 121.6 541.3 506.4 239.1 745.5 21 97 38

China 393.9 128.2 522 476.5 237.5 714 21 85 37

Hong Kong 17.5 1 18.5 22.4 1.1 23.5 28 16 27

Taiwan 8.4 -7.5 0.9 7.5 0.5 8 -10 - 829

Japan 19.5 -40.7 -21.1 15.9 -43 -27.1 -19 - -

Indonesia 41.2 0.2 41.4 33.5 16.1 49.6 -19 7,950 20

South Korea 19.6 -3.7 15.9 15.7 -0.2 15.6 -20 - -2

Thailand 7.7 25.5 33.1 5.9 57.1 62.9 -23 124 90

Vietnam 15.9 61.9 77.8 14.7 67.1 81.8 -8 8 5

Middle East 236.6 23.8 260.4 194.9 30.4 225.3 -18 27 -13

Saudi Arabia 79.9 12.8 92.7 64.5 14.7 79.2 -19 15 -15

Egypt 59.6 1.9 61.5 46.6 2.2 48.8 -22 15 -21

UAE 71.9 8.2 80.1 62.5 11 73.5 -13 34 -8

Other Gulf 25.2 0.9 26.1 21.4 2.4 23.8 -15 179 -9

Turkey 77.1 36.7 113.8 72.8 49.7 122.4 -6 35 8

Russia 62.8 0 62.8 67.1 0 67.1 7 - 7

USA 145.4 99.6 245 126.2 112.3 238.6 -13 13 -3

Italy 40.6 0 40.6 34.4 0 34.4 -15 - -15

UK 31.5 0 31.5 26.7 0 26.7 -15 - -15

Europe ex CIS - 210.4 210.4 - 305.9 305.9 - 45 45

France - 0.2 0.2 - 1.5 1.5 - 664 664

Germany - 93.5 93.5 - 146 146 - 56 56

Switzerland - 71.1 71.1 - 106.9 106.9 - 50 50

Other Europe - 45.6 45.6 - 51.6 51.6 - 13 13

Total above 1,715.00 797.1 2,512 1,793.60 1,189.80 2,983 5 49 19

Other 263.7 74.2 338 258.7 85.1 344 -2 15 2

World total 1,978.70 871.2 2,850 2,052.30 1,274.90 3,327 4 46 17

Provisional. Source: GFMS, World Gold Council

1) From ancient days gold has been main form of asset in India, even though millions of Indian people live in

poverty. Traditionally, gold has been the best way to preserve and invest wealth.

2) Gold for Indians is not just a commodity of luxury, but a part of culture and heritage. It has been a bond of

every family through exchanging gold on special occasions.

3) Dowry was given as gold ornaments during weddings. From birth of a child, at every occasion of ritual

ceremonies, gold ornaments have to be given as gifts.

4) Market surveys say that almost 70% of gold jewellery in India is sold during the wedding and the festival

seasons. Southern states of India, Tamil Nadu, Andhra Pradesh, Kerala and Karnataka, utilize 40% of gold

consumption.

5) Gold is considered as the biggest security for women. Whenever there was a need for money, it was

easier for them to mortgage or sell their gold to generate cash.

Year

Amt Rs. (In

Crores)

As % of GDP

Household

Savings % of GDP

2007-08 82170 1.4 11.7

2008-09 101129 1.6 11.7

2009-10 142609 2.1 12.1

2010-11 168053 2.0 9.7

6) Since the price of gold is always increasing Indian people

go for purchasing gold as their investment. India and China,

emerging successful in their economical growth, want to

accumulate gold in order to reduce their dependence on the

dollar.

In India, gold imports are the third-largest of its merchandise

imports after crude oil and capital goods. As long as the price

of gold is on the increase, there will be greater demand in

India for this yellow metal.

The undying fascination towards the yellow metal is evident in its

use currently for making watches, medals, shoes, cufflinks, tie

pins, pens cars, saries, buttons and so on

Collecting watches is one of the most costly hobbies in the

world but very interesting and sometimes really profitable.

Currently, the fascination is towards real gold diamond

studded watches.

Around 8,000 sq m of 22-carat gold leaf have been used in

the decor of the lobby and the restaurants of Burj Al Arab.

GoldPlus TATA Nano – India‖s first Pure Gold Jewellery Car

on the way.

Ayurveda gifted us Suvarnaprashan to improve immunity of Child. ―Suvarna‖

means ―Gold‖ & ―Prashan‖ means ―to lick‖

Lasers incorporating gold coatings are making dramatic progress in the

treatment of cancers, sealing battlefield wounds in the field, emergency injury

treatments in hospitals & previously inoperable heart conditions & tumors

Today gold flakes and gold dust can be found in many confectioneries and

dessert items throughout the world. Gold can be consumed in the form of

chocolates, wine, fruits etc

Gold is used as a drug to treat a small number of medical conditions. Injections of weak solutions of sodium

aurothiomalate or aurothioglucose are sometimes used to treat rheumatoid arthritis. Particles of a radioactive gold

isotope are implanted in tissues to serve as a radiation source in the treatment of certain cancers.

Small amounts of gold are used to remedy a condition known as Lagophthalmos, which is an inability of a person to

close their eyes completely. This condition is treated by implanting small amounts of gold in the upper eyelid. The

implanted gold "weights" the eyelid and the force of gravity helps the eyelid close fully.

Radioactive gold is used in diagnosis. It is injected in a colloidal solution that can be tracked as a beta emitter as it

passes through the body. Many surgical instruments, electronic equipment and life-support devices are made using

small amounts of gold. Gold is nonreactive in the instruments and is highly reliable in the electronic equipment and life-

support devices.

GRM GOLD INDIA LIMITED is dedicatedly involved in making ‗Gold Coins‘ from 2005. But our

team was immensely involved in gold from 2005 in the name of M/s.GOLDBIZ INDIA LIMITED;

you can say us ‗The GOLD PROFESSIONALS‘. GRM GOLD INDIA LIMITED provides you

gold coins and bar in different carats like 24ct, 22ct* 10gms, 20gms, 50gms. GRM GOLD

INDIA LIMITED gives total assurance of purity gold coins to the customers. GRM GOLD INDIA

LIMITED not only comes up in a new way to interact with our clients through the medium of

internet but we also provide them facility to buy our gold coin or bar through online. GRM

GOLD INDIA LIMITED is your one stop shop for your dream gold coins. Magnificent designing

of GRM GOLD INDIA LIMITED will give a suitable elegant and beautiful look to your dream

gold coin. Presenting a gold coin to someone will add a different gesture to his or her life.

Unlike other investments like Stock Market and Mutual Funds the gold investments carry NO

RISK. It offers more earning than fixed deposits. The price of the Gold is elevating year- by-

year as it has been for centuries. So the gold investment is always to be continued.

GRM Management consists of financial experts with 20 years of experience in the financial

arena and is supported by a professional GRM GROUP of partners from the direct selling

industry.

This association and the diversity of knowledge and experience within the GRM team, reinforces its growth

and validates the relationship and trust afforded by our partners to the company. These attributes are the

very foundations to GRM‖s success story and in an economic climate where global economies are

becoming increasingly unstable; demand for gold from GRM continues to rise.

Combined with the legal team, marketing division, support and distribution centre, the company continues to

thrive as it sets new records and standards in the gold industry making GRM a formidable force within the

international gold market.

GRM GOLD is one of the biggest online suppliers of precious metals in India. GRM GOLD aims to make it

possible for everyone to purchase precious metals. Whether you are a major investor or a small-scale

collector, GRM GOLD has an appealing range of options. Whether your priority is diversifying your portfolio,

insuring your wealth or adding to your collection, GRM GOLD has a solution to meet your needs.

Purchasing precious metals from GRM GOLD is safe and easy. You can select your products and pay for

your order in just a few steps. Once GRM GOLD has received your payment, we deliver your order quickly,

generally within 5 to 7 work days. Thanks to our discreet shipping methods, you can choose whether you‖d

rather have your order delivered at home or at your work. And your order is sent to you by insured

shipment, eliminating any risks.

GRM GOLD offers an extensive range of products, ensuring you always have a wide

selection. The products are delivered directly from stock. GRM GOLD only supplies

products that meet the highest standards of quality. Quality is guaranteed at GRM GOLD

GRM GOLD wants to give you the best possible service. Our advisors will be happy to help

you, providing advice with no obligation to buy. You can reach us by phone on work days

between 9 AM and 6 PM on +1800 -1035-108. To contact us outside office hours, please

use the contact form on our website. Here at GRM GOLD, our top priorities are a strong

focus on you, the client, and on maintaining our expertise. Satisfied repeat customers are

the best proof of the excellent services that GRM GOLD provides.

GRM GOLD INDIA LIMITED is registered under the companies act 1956 as a Public Limited company vide its Reg no.U74120AP2011PLC078265

VAT CST TAN NO

On behalf of the Board of Directors of M/s. GRM GOLD INDIA

LIMITED, I would like to welcome you to our New Business strategy

in investment line, and thank you for your interest on our

organization. We hope this innovative idea of investing on gold will

give you Extreme satisfaction.

The GRM Group way of doing business is innovative .This has been

the hallmark of business success for

the group of companies:

1.M/s.VIVA INTEGRATED SERVICES INDIA LTD – Since 2001

2.M/s.GOLDBIZ INDIA LIMITED -- Since 2005

3.M/s.GRM ESTATES INDIA LIMITED – Since – 2008

4.M/s GRM GOLD INDIA LIMITED -- 20011 Mr.Ramesh Gardas

Founder & Chairman

For GRM GROUP OF COMPANIES

GRM Group now has interests and engaged in Diamond processing Gold & Diamond Jewellery

Manufacturing, Car Breakdown services an association with TVS Company through our carmateclub and real

estate-Investment continues to grow since two decades. Our vision is to achieve global

eminence in the real estate, Gold and Diamond industries and to be a partner of choice to all our associates,

in our chosen areas of expertise. We are committed to provide safe services of measurable quality at cost-

effective and competitive prices.

The success of GRM Group is due to the skills and attitude of our employees and associates. Our ability to

respond quickly to the needs of our customers worldwide with the absolute minimum of bureaucracy.

Satisfied customers are fundamental to the prosperity of our business. We are dedicated to effective

partnership with our customers, in order to attain our aims of achieving mutual objectives and shared goals.

Our objective is to be a world class organization by 2020. By fulfilling our mission, we trust that we will

continue to exceed the expectations of our customers and to contribute to the economy of the country in

which GRM Group operates with more than sixteen year of corporate experience the team at GRM GROUP

brings exclusive opportunities to our customers.

I and my team will be delighted to hear from you and look forward to assisting you with your future

investment REQUIREMENTS in Gold & Real Estates sectors. Value through Ideas is the central nerve of

our system and vision of the group too. Think, Create and Lead is the corporate

culture which is guided by our vision. In this dynamic world, values of products, services and corporations

are incessantly changing. The real value for customers can only be created by constantly defining the ways

of doing new things or the same things better while being social and Environmental and eco friendly. So the

only way for GRM Group to create value for customer is by ‗Think Create Lead‘ concept. Employees are

our key in achieving the vision with sincerity and fun.

In its 16 years as a focused real estate development group, GRM Group has made its mark in the real

estate market. GRM Properties is led by managers focused on the company‖s core competencies.

Ethically and socially responsible operations are keys to success for us. GRM Group‖s continued growth

and profitability has been mainly due to a cut above strategic management and innovativeness in

operations. It gives a great sense of pleasure and peace in sharing the growth of our group. Thanks to our

customers, investors and employees who are joining their hands to taking this company into great heights,

and a promise to work with us in future with trust.

We are Confident that we can succeed because we can achieve good Results with all our

expertise, and, at the same time, leave significant value Added services for our customers.

Our Highest Priorities are

1.Develop the product quality up to international standards to attract the international business.

2.Improve the international business to give more profits and create more opportunities to our valuable

associates.

3.Coming into retail market with an association of our existing associates. We are planning to open our

retail showrooms all over the India.

4.Stay closes and pays attention to our customers, understand their needs, provide excellent customer

support, and use our technology to develop new products, which will enable to add value for their benefit.

5.Finally, produce growth in earnings and generate Healthy returns for our associates.

Our aim is to command approximately 10% to 20% Indian market shares in this business. We are putting

all our best efforts and hard work to achieve our goal. Our strategy is to offer our quality products, with a

competitive market price along with a business opportunity.

We continue to service our strategy by investing in new Technology through our in-house R&D. We has

a dedicated and talented team of Experts and intellectuals.

It will enable us to be closer to our customers and attract more customers, and to serve them more

efficiently. We expect the markets for imaging in this region to grow more than 20% per annum within the

next five years. And finally, we have plans to introduce new products in markets spaces that we

presently do not serve. We have the technology to do it. I am confident that the uniqueness of our

Products will further enhance our profitability and growth.

As a global company we do have competition. But, by staying Committed to our long term strategy, to

our customers, to a high quality working environment for our employees, to our management, I am

confident that we can continue to compete successfully internationally. In the highly potential Gold &

diamond industry .Our vision is to get recognized worldwide as leaders in Gold & Diamond Business

industry.

Looking to the future, we have a lot of innovative Idea‖s, plans to introduce for the time to come.

Presently we have thousands of satisfied customers. We already started seeing revenue results in our

Gold & Diamonds business.

Gold in small denominations is the first step in the right direction.

By offering an alternative to paper currency, freedom of choice is restored back into a system.

Our vision is to reach the masses and establish ourselves on the worldwide markets - the road to freedom,

independence, and prosperity for all.

Create a progressive organization matching International Standards maintaining Integrity, High Ethical

Standards and Transparency. Provide an environment of professionalism, competence, teamwork, and

service excellence.

Our Mission is to bring quality products and services of international standards, comparable with global

market within the reach of all. We are committed to achieving excellence in chosen areas, for the benefit of

the nation and our beloved countrymen.

The credit for this success goes to our dedicated associates. I would like to acknowledge and Thanks to our

associates for producing their continued contributions to the growth and success GRM GROUP

I would like to take this opportunity to thank our valuable customers and associates for their support and

confidence in GRM GROUP.

Mr.Ramesh Gardas

Founder & Chairman

For GRM GROUP OF COMPANIES

THERE are many reasons to buy Gold and hold it. Gold as a hedge in your portfolio works, but works only

over a long period of time. If you buy gold because it has been going up, it would be a wrong reason to buy.

However, the fact is, it may still go up – but don't expect to get 36 per cent Compound Annual Growth Rate

(CAGR), that will not happen, for sure.

There are also many reasons why you shouldn't hold gold. One reason not to own gold is the recent

phenomenon in its price. For example if you had invested in gold in 1980 (USD 590) today it would be worth

about USD 1055! Not much if you consider inflation, is it? As against the Sensex which has gone from 100 to

about 17,100. And the shares would have paid you nice dividends for holding the shares!

That said, here are 13 reasons why it's a good idea to own gold:

USD is not the only currency which is in bad shape. In fact, most currencies are at quite an imbalance with

each other. So if you do not know whether to hold your money in rupees, lira, yen, dollar, euro or pounds,

choose gold. So, clearly as much of cash you will keep in your portfolio is the amount of gold you should be

having.

Yes, many people are touting this as a great hedge. They prove this by checking the trend for a period of

three years. Fantastic! But if you check the trend for over a 10 year period, it will fail and fail miserably.

What is surprising is that bank relationship managers are now selling gold mutual funds – they will keep

selling to keep their jobs. These mutual funds will keep buying gold. So, it is a self fulfilling prophesies.

Ben Bernanke is converting all the forest in the US into currency! Most Central Bank heads are printing too

much currency ever since the gold system failed. Thankfully, they cannot create gold. Also read: Should I

buy physical gold or opt for funds

India and China will continue to buy gold, as will many other users!

Interest rates are more likely to decline, than rise, internationally, adjusted to inflation.

According to one expert I was speaking to, the total world gold production is decreasing. I was surprised!

Increasing selling prices make it attractive to search, so production should increase. This is what happens

in theory, but it is getting to be more difficult to prospect, mine and produce gold.

The gestation period even for gold which is spotted is quite long. According to some experts it is as high

as 10 years. So, gold mining companies prices go up over long periods and in a lumpy kind of a

fashion. If gold is found, prices go up. If mining starts, prices go up. If production starts, prices go up.

So be careful while buying a share of a gold mining company.

Chinese demand is likely to go through the roof. Very few people understand the Chinese economy. If the

populace does not trust its currency, they are likely to keep their money in gold! The Chinese government

had banned the population from owning gold for a very long time. Obviously, once the ban is lifted, buying

will start. It may take 2 to 4 years by which time the retail network to sell gold to the whole Chinese

population is set up. Once it is set up, prices will boom.

Indian demand is difficult to predict. However, there is some talk of jewelers suicide in Kerala (with prices

rising, consumption is going down, so shopkeepers are dying). However there is a huge ―wannabe‖

population which will keep buying and chase prices! Be that as it may, selling may not be enough to

exceed demand – another cause for prices to go up.

All fresh bankers are busy selling gold mutual funds. This is a funny situation where the price is going up

because the fund is buying. People are buying gold ETF / regular funds which is causing gold prices to go

up! Case of tiger chasing its tail.

The rich countries which have a lot of gold (including IMF) have a pact wherein they will not sell

more than 400 Tonnes a year (not sure about the figure, but it is right there somewhere). This

will restrict supply on the one hand, but mutual fund demand will drive the prices.

Nobody in the world knows how the decoupling between the Chinese currency, dollar and the

gold will happen. It will gain against other currencies – this will hurt the dollar. At some stage it

will break off from the currencies and go on a secular bull run, and the trade will be guaranteed

by BIS.

Bank relationship managers are pushing gold mutual funds, websites are screaming that gold

is a good buy, people without understanding of interest, compounding, etc. think this is a great

ideal This almost blind and noisy screaming will push prices high. Most fund managers are

buying with a vengeance!

Simply open a savings account with GRM Gold for as little as 10 Grams. Your savings account is self directed.

You own, manage and control your account online. Deposits are optional (just like where you bank now) and

you have complete control.

Lifelong free exchange of your gold bars, should the gold certificate get damaged.

A gold purity of 999.9 qualities which is the finest and highest quality of gold available worldwide.

Our partners mining rights to an independent mining facility will ensure that supply shortages should never

occur.

Storage of your assets, for as long as you needs it with peace of mind that your gold is stored in a highly

secured installation.

In the event of loss (e.g. through theft) GRM GOLD INDIA LIMITED is exclusively liable. This is a unique

feature as such a warranty can only be issued by a company.

Knowing that your gold coins can be converted into money at any time through GRM GOLD INDIA

LIMITED‖s unique price guarantee, payable in the currency of your choice.

A free to use online inventory of all your precious assets, available to regular buyers.

Market-based acquisition prices.

Delivery of only the highest quality products.

Easy to use online Customer Access Point.

Parameters

5 gram

10 gram

20 gram

50 gram

Alloy Fine Gold Fine Gold Fine Gold Fine Gold

Fitness 999.9 999.9 999.9 999.9

Fitness Tolerance +/- mm

0> -0> 0> 0>

Weight (gram)

5 10 20 50

Weight Tolerance +/- (gram)

0.05 0.05 0.05 0.015

Dimension (mm)

20 15.2x25.3 r 2 18x31 r 3 27x47 r 4

Dimension Tolerance +/- (mm)

0.05 0.05 0.1 0.15

Thickness (mm)

1.1 1.6 2.2 2.4

Thickness Tolerance +/- (mm)

0.05 0.05 0.1 0.1

Edge Serrated Plain Plain Plain

You can lock your rate by enter into a Gold

purchasing agreement with the company.

Rate locking facility will be entitled to only

regular paying customers. In case of

default for more than 6 months your rate

will be revised at the time of regularisation

of your agreement. Next instalment date

will be calculated basing on the agreement

date, and 15 days grace period will be

given to pay the next instalment, there after

18% P.A late fee applicable.

The customer has liberty to exit from the plan

at any point of time, after one month from the

date of join. In the event of exist or pre

mature case the customer needs to pay

balance agreement amount and take the

gold, no cash refund given in this case.

In case of default or death case customer can transfer his/her agreement to third party name, at

the time of transfer he/she need to regularise the agreement (instalments) with a late fee of 18%

P.A. Customer need to pay Rs.500/- (Five hundred ) towards agreement transfer charges.

It is a great advantage to our GRM GOLD customers that the

company giving a buyback agreement policy with 12% P.A

appreciation , in case customer doesn‖t want to buy / go for gold

or gold price is lesser than the agreement price , he can sell his

agreement to the company for 12% appreciation on the amount

paid , in case of regular instalments , and 6% P.A appreciation in

case of default case , after deduction of 20% agreement cost will

be deducted towards breach / cancelation / termination / default of

the said agreement. (See the terms and conditions)

That GRM GOLD INDIA LIMITED assures life time gold exchange / money change offer for all its products

if the seal is not Brocken.

To enter into this Gold Purchase agreement customer age must be 18 to 65 years .All the customers are

provided free accidental insurance equal to agreement value and maximum of Rs.10, 00,000/- (Ten lakhs).

In the event of death the balance instalments of the customer will be waved off, nominee will be entitled to

get the buyback value or Gold whichever is high at the end of the term.

Sno No. of Grams

Gold Cost For 995

RS.

Adjustment Cost For 999.9

Rs.

Agreement Charges

Rs.

Total Cost Rs.

Yearly Half Yearly Quarterly Monthly Buy back value Rs.

1 10.00 27850.00 2785.00 557.00 31192.00 10241.37 5133.68 2573.34 866.44 37625.04

2 15.00 41775.00 4177.50 835.50 46788.00 15362.06 7700.53 3860.01 1299.67 56437.56

3 20.00 55700.00 5570.00 1114.00 62384.00 20482.75 10267.37 5146.68 1732.89 75250.08

4 25.00 69625.00 6962.50 1392.50 77980.00 25603.43 12834.21 6433.35 2166.11 94062.60

5 30.00 83550.00 8355.00 1671.00 93576.00 30724.12 15401.05 7720.02 2599.33 112875.11

Sno No. of Grams

Gold Cost For 995

RS.

Adjustment Cost For 999.9

Rs.

Agreement Charges

Rs.

Total Cost Rs.

Yearly Half Yearly Quarterly Monthly Buy back value Rs.

1 10.00 27850.00 2785.00 557.00 31192.00 7681.03 3850.26 1930.01 649.83 40079.22

2 15.00 41775.00 4177.50 835.50 46788.00 11521.55 5775.39 2895.01 974.75 60118.84

3 20.00 55700.00 5570.00 1114.00 62384.00 15362.06 7700.52 3860.01 1299.67 80158.45

4 25.00 69625.00 6962.50 1392.50 77980.00 19202.58 9625.66 4825.01 1624.58 100198.06

5 30.00 83550.00 8355.00 1671.00 93576.00 23043.09 11550.79 5790.02 1949.50 120237.67

Sno No. of Grams

Gold Cost For 995

RS.

Adjustment Cost For 999.9

Rs.

Agreement Charges

Rs.

Total Cost Rs.

Yearly Half Yearly Quarterly Monthly Buy back value Rs.

1 10.00 27850.00 2785.00 557.00 31192.00 6144.82 3080.21 1544.00 519.87 42742.40

2 15.00 41775.00 4177.50 835.50 46788.00 9217.24 4620.32 2316.01 779.80 64113.60

3 20.00 55700.00 5570.00 1114.00 62384.00 12289.65 6160.42 3088.01 1039.73 85484.80

4 25.00 69625.00 6962.50 1392.50 77980.00 15362.06 7700.52 3860.01 1299.67 106855.99

5 30.00 83550.00 8355.00 1671.00 93576.00 18434.47 9240.63 4632.01 1559.60 128227.19

Sno No. of Grams

Gold Cost For 995

RS.

Adjustment Cost For 999.9

Rs.

Agreement Charges

Rs.

Total Cost Rs.

Yearly Half Yearly Quarterly Monthly Buy back value Rs.

1 10.00 27850.00 2785.00 557.00 31192.00 3072.41 1540.11 772.00 259.93 59969.74

2 15.00 41775.00 4177.50 835.50 46788.00 4608.62 2310.16 1158.00 389.90 89954.61

3 20.00 55700.00 5570.00 1114.00 62384.00 6144.82 3080.21 1544.00 519.87 119939.48

4 25.00 69625.00 6962.50 1392.50 77980.00 7681.03 3850.26 1930.00 649.83 149924.35

5 30.00 83550.00 8355.00 1671.00 93576.00 9217.24 4620.32 2316.01 779.80 179909.22