This page has been archived and commenting is disabled.
What Every Well-Dressed Indian Businessman Is Wearing This Summer - A $210,000 Gold Shirt
18 months ago - before The Reserve Bank Of India went full gold-tard (raising duties and capital controls), 32-year-old Datta Phuge unleashed his $25,000 gold shirt on the world's women, proclaiming "I know I am not the best looking man in the world but surely no woman could fail to be dazzled by this shirt?" However, as RBI has lifted some gold restrictions (realizing the error of their ways after smuggling exploded), we introduce 45 year-old politician and textile magnate Pankaj Parakh... and his $210,000 gold shirt weighing 3.3 kilograms which took 20 people 3,200 hours to create. Now, if that doesn't get him laid (or shot) we don't know what will...
Pankaj Parakh, a local politician and the owner of a multi-million pound textile business near Mumbai, has had the shirt created out of pure love for the precious metal.
The shirt in question weighs four kilos and is estimated to have cost £127,000. It has seven gold buttons has been created to move flexibly, just like any other shirt. The gold itself is 18-22 carat purity, and there have been no other metals used. It is lined with a thin cloth for added comfort, though the body of the garment is smooth.
A team of 20 people are thought to have spent 3,200 hours crafting the shirt.
...
He will flaunt the shirt on Friday at a special function to celebrate his birthday.
"Gold always fascinated me since I was five years old and studying in school. Over the years, I have become passionate about this royal metal." Mr Parakh said.
"Yet, for my marriage 23 years ago, many guests considered me an embarrassment as I sported more gold than the bride," he recalled.
...
"My family is hardly impressed or interested in my love for gold. They just ignore and accept it as a part of domestic life. But the rest of my extended family thinks I am weird," he said.
* * *
- 26423 reads
- Printer-friendly version
- Send to friend
- advertisements -



Best to keep your fortune close to your vest. Or preferably, chest.
Good news for him is that Janet Yellen won't be making any passes at him any time soon - that's worth $210,000 in my book.
Come to the Bronx we will be glad to serve you some "Biryani" in a dark alley. Very traditional Bronx style, i promise or the meal is free.
Yes, every Indian travels to the Bronx for the best biryani in this world. With the stop-and-frisk thrown in for free.
Dude wears iron underwear. And they are rusty.
So narcissistic, insecure, immature and childish.
Serious questions as to the man's character.
What core values, morals and ethics, so transfixed with the temporal and then such a cheap and tacky display.
It's a statement against fiat paper - we need many more like him.
And many who like silver shirts.
Sinking is hard to reach;
Storing invites looters;
So they think wearing on fingers, wrists, neck, torso is secured, hummmm?
The Germans want their shirt back.
The Germans did lose their shirt to the US, didn't they?
I don't know about you guys, but if that is the German style of shirt, I am certainly a fan.
In three years, it'll only be worth 25 grand. Deflation. Learn it, live it, love it. Bitchez.
I don't care how charitable this guy is. I'm pretty sure he won't give me the shirt off his back, man.
Though like the song, the shirt remains the same.
You raise an interesting point - I have read silver has been added to shirts to cut down on bacterial odor from that breed in synthetic fiber... Why not a silver shirt? Hmmm Less stank?
3.3 Kg is about $138,000 in gold (using current fiat dollar pricing) - "heavy" premium you might say.
A lot cheaper to leave out the synthetic fiber. Makes for a nicer shirt as well.
They make all kinds of shirts, underwear, cloth towels etc with silver thread to kill bacteria. Mostly for athletics and medical uses.
If I'm buying an $80 pair of undies, it damn well better be made of silver!
This opensup a whole new wardrobe.
I'm starting with basemetal underwaear...maybe zinc.
Lighten up Knucks. You don't see Anyone making a shirt our of US Federal Reserve Notes now do ya ?
Naw, it would shrink too fast.
Badumpa!
(Sound of cymbals crashing)
That ain't dick!!! Our beard is gold. Try to print/weave that, Apu!
"You don't see Anyone making a shirt our of US Federal Reserve Notes now do ya?"
Now that you mentioned it, probably see it on zazzle Monday morning. It was fun when Howard Beale started it, but my junk account is still getting spam from those douchebags.
https://www.youtube.com/watch?v=bcYppAs6ZdI
RE: Fiat Shirt - You can eat junk food all you want because the shirt inflates daily.
I want one too, knucks, but a polyester knock-off for $9.99
Kinda like a fake gucci. I think we've got a bidness plan. I've seen worse. Lately, I've seen a lot of worse;)
Does poon hound count as a core value?
Yes, poon hound is (so far) the only plus he's got.
He owes you, kaiser.
Maybe the collar for the tenuous support and potential but hesitant character reference.
I could be such a stud in that golden getup.
i agree. gold for the wrong reason. The last thing i want to do with my gold is show it off, to anyone. But i feel his pain on the 'family thinks im weird' part. "Gold is a very risky investment, it doesnt pay dividends, and it can't grow"
So dye it some other colour. How else do you sneak 3 kg of gold out of the country with no-one noticing? (errr, okay, yes, yes, ... no I don't know how to explain it to the metal detector!!! )
But what I REAAALLLLLLYYY want to know is, HOW WELL DOES THIS SHIRT PERFORM IN ADVERSE WEATHER????????
I mean, I hear it can get a little warm in India. And gold is one of our finest conductors of HEAT. How long does it take those 3 or 4 kgs to adjust to the weather outside? Or is this an inside shirt? In which case, how does it perform when the aircon gets a little chilly?
C'mon guys, article about a gold shirt - what else would be on your list of I've GOTS TA know!!! ?
Gold is for uncertain times when economic stability is threatened by dislocated markets and people lose all trust in derivative-based money
Knucks, So you are jealous?
If he wants to wear a Gold shirt, if he has the wealth to do so, if he has the freedom to do so, then who does it harm? You?
You people promote Freedom and Liberty and when someone else exercises that you think to steal that person blind? (Not you but others?)
The funny thing about this is that he could wear that in the Bronx or Manhattan and nobody would recognize it as Gold, it would be too good to be true, it is not the washed out color of 14K, and this guy would be relatively safe.
My neighborhood is quite tough and of lower Economic class and I have no problem wearing Gold here. Nobody knows. Nobody has any idea what the true color of Gold actually is.
Laughing out loud at all of you.
What good is a gold shirt when you're having to step over piles of shit everywhere you walk? Do any of these wealthy Asians believe in giving something back..maybe build some schools, hospitals and public toilets for their needy countrymen?
I'm not usually one to be overly pretentious, but India is screwed up because they run it the same way the British did when they were "lording" over them.
Don't blame the British - the culture is a culture that accepts filth - everywhere. The place is a cesspit.
Spoken like a true socialist - how about just the capitalist thing and hiring a guy to sweep the filthy streets in front of your high street shops so your clients doesn't have to step over two to three feet of garbage lining the curb to get to your shop. (This I have witnessed first hand - the owner was worth hundreds of millions.)
India is a cesspool (gold shirt or not) and I doubt that will change...even when they move to the US, cultural habits carry across oceans. (Ok - pile on....NOW). Case in point, look at the street he is strutting his shirt on - not your typical Fifth Ave or Rodeo Drive backdrop and not the street you would want to wear a $200K shirt on without armed body guards and a flight car - motor running. (Urban kids get killed for sneakers - don't cha know.) He undoubtably just popped out the back of his sweat shop to model it for the camera - afraid to wear it more than 10 steps from his sweat shop.
(Is India humanity's future? A question worth pondering as the US slips into debt slave status... We know not where this ends...a glimpse of India might prove a view of the future - sweat shops and all. One thing is for sure - the socialist oligarchs are working overtime to flood the US with new ponzis to backfill their various Ponzi pyramids - regardless of their usefulness to the future of the US or its ability to climb out of this debt mess. All part of the plan, comrade?)
What do you think is happening in Asia except for raw capitalism. The guy in the gold shirt treats his workers like shit because he can, and the capitalists in the West nod with approval, close American factories and mills, and reward him with contracts. But even the robber barons of the past built universities, hospitals, museums and libraries for the benefit of society. What do these Asian pigs do but buy gaudy jewelry and foreign real estate?
No Tom, not jealous. I just think that some guy wearing a gold metal shirt is a dick.
Fits in the same stereotype as the fat sweaty guy in a banana hanger in the Southern Comfort commercials.
Provides a good example of how not to behave in public.
And if one does so, should not be surprised to be ridiculed.
Same as my son a short time ago, when we were walking down a street past a Lamborghini. Son said he bet the owner had a really small dick.
The owner overheard him and got very embarrassed.
Why would he get embarrassed owning a Lamborghini unless he has a small dick?
Would all Lambo owners get mad? Be annoyed?
Do all Lamborghini owners have small dicks?
Stereotypes exist for a reason.
Who's the dick, the guy living up to his stereotype, or the guy ragging on him for doing so?
;-) That's the point.
I can't call the gold-shirt-guy a dick because the shirt itself doesn't look over the top. It seems quite subdued. (In the photos, anyway - don't know about real life). And if he painted it a different colour, it might be a good way of transporting 3kg of gold discretely (again - damn! the metal detector. He should put a zip on it, then he can blame the zip!)
If he rode one of these then I might call him a dick:
http://www.custommade.com/harley-davidson-road-king-seat-and-bags/by/woodstockcustomleather/
http://www.v-twinforum.com/forums/harley-davidson-touring/183169-old-school-dressers.html
http://motorcycleandmotorcycle.blogspot.com.au/2010_12_01_archive.html
http://www.caimag.com/forum/showthread.php?7252-Gives-the-Title-quot-Full-Dresser-quot-a-Whole-New-Meaning
(Actually, I couldn't find the picture I was looking for but these are pretty close).
Anyway, in a choice between boring rich people and interesting rich people, I'd much rather "interesting" ones. There are plenty of eccentric poor people but they never get the chance to prove it so spectacularly.
If he wore these, I might call him a dick:
http://www.amanda49.com/womens-europe-america-bind-belt-rivets-wings-ankle-boots_p38590.html
Try working on your (and son's) self-esteem, buddy. Only then it wouldn't bother you both as much.
Really? Lambo = small dick??? That's the best he could come up with? His envy is more transparent than a glass window. A really big one. Totally smashed and with a great, huge hole in it. Full of nothing but air. He could have hidden his jealousy with ,"Who did he have to whack / blow do get that?", or "I wonder which drugs he is running / how many cops he had to pay off" or even "I wonder how many repossessed houses paid for that thing". At least that way, we could pretend that maybe he really did think the question was on the right track and he wanted an answer, but no, he just said a simple "small dick". May as well paint him green and get him to hold up a sign that sez, "I am jealous of the guy with the small prick."
I guess it works if it was a really boring looking Lambo ( they've got a few ugly ones, but most look awesome ). You know, if it looks like the owner had no idea of what a good Lambo looks like and just bought a shit heap for the sake of having a Lambo then I guess his comment would work then. Or if it was a brand new Rolls Royce. I mean, Rolls Royces have looked crap ever since they tried to give them the "modern, streamlined look". To get a nice looking Roller, I think you have to go back to the 1920s. Otherwise it just sounds like envy with a capital NV.
Small dick, eh? Fuck! We may as well all just give up right now. No point in doing anything fun or nice. Just get drunk, smash things, and sleep with our own vomit in the gutter. Do anything else and someone might get pissed and accuse you of having a small dick!
Get drunk? But don't bother drinking the wine. It was made with sour grapes.
2008 must have hit him hard
In my town, when we see a nice car we say things like, "Oh, so that's where I left my Ferrari. Now I remember, I lent it to that man because he needed one because ... "
Nah. I think he might be one of them gold shorts I keep hearing about.
It gives a whole new meaning to silver shorts.
Gold shirt or not there is still a shit on the street next to him. Its a fine country.
We now have a second Indian in 2014 who has made himself a shirt made of gold, valued at GBP 127,000 / CNH 1,312,000.
First one, as mentioned on ZH several times was early in 2013, with shirt valued at CNH 1,537,500 / GBP 150,000.
Why spend $250,000 on a gold shirt?While in 2012, was the wedding of an Indian gold finance company billionaire's daughter where she was gifted over 5 kgs of gold ornaments valued at CNH 1,537,500 / GBP 150,000.
The wedding of Kerala based Muthoot Finance Corp. CEO'Pankaj Parakh, a local politician and the owner of a multi-million pound textile business near Mumbai, has had the shirt created out of pure love for the precious metal.
The shirt in question weighs four kilos and is estimated to have cost £127,000. It has seven gold buttons has been created to move flexibly, just like any other shirt. The gold itself is 18-22 carat purity, and there have been no other metals used. It is lined with a thin cloth for added comfort, though the body of the garment is smooth.
no other metals used? 18-22 carat? ===??
I saw Fonestar the other day interrupting a soccer match by running through the field in a suit made of bitcoin.
Was it shocking?
The emperor wears a bitcoin suit, the saying goes.
Well, gold is the best conductor of electricity, maybe their Police State has not yet equaled ours in taser usage.
My last pay check was $9500 working 12 hours a week online. My sisters friend has been averaging 15k for months now and she works about 20 hours a week. I can't believe how easy it was once I tried it out. This is what I do... http://goo.gl/bhiamE
Uhm...if you like your gold shirt, you can keep it....wait...you didn't make that gold shirt..............sorry, drone time where...yeah, drone 'em.....sorry, yeah puff, puff, yeah yeah, I am going to be takin' that gold shirt.....for the children and orphans and ss and pensions !!!!!!!!
Does he dryclean or throw into the washer? Inquing minds want to know
What would it do in a micro wave?
Looks like a bowling shirt.
It IS a bowling shirt. You think he'd wear the real one out in the shit storm of the Indian Street?
But if the bad guys don't know that...;)
Too bad we can't see his Sponsor on the back of his shirt.
Paging WB7. Man, could we piss him off with that.
Two winners in a row, atomizer. You should buy a lottery ticket today;)
Thanks but no thanks. Miss my wife who has been gone for two weeks. Depending on the latest news, I go full buliistic mode or make up snark jokes. I have to take a time out when she returns.
Miss her, big family meeting about dividing up properly in Phillipines. Her mother is ill. Opted out of trip. Don't have a death wish. She is Chinese and the family is well known. Me, a pasty scottish American fuck who doesn't want to get killed. She'll be home in a few days. Mrs Atomizer is a hardcore capitalist. That's why her family fled China. Most importantly, that's why we get along after all these years together.
Enjoy.
Missing her is a great thing. Soul mates are hard to find. Cheers.
We both have been divorced twice. I think the third time is the charm. Assets are divided. No court can declare assets.
That's why the Isreali's want to have people sucking dicks and having a 69er with a lesbian friend. Makes for great morning Jewish TV shows.
Supply and demand economic US taxpayer fraud.
what do you think the purpose of the guy behind him is? i guarun-fucking-tee you this guy doesnt go anywhere without a few armed body guards
You would think he would have been smart enough to have it tailored to leave room for a ballistic vest underneath.
"Looks like a bowling shirt."
Although, not the shirt you'd wear for "Bowling for Dollars."
No one fucks with the Pankaj.
spark...
(I really wish I didn't know that)
It would still do better than the cat.
Wish I didn't know that!
Would you let your wife iron it?
Honey? The back of my shirt is missing... Did you do anything wrong with it?
He's Indian. I think they enjoy the smell of BO and curry. Hence, washing it is unnecessary.
Oh my goodness, just like I call Obama a nigger. My wife calls indian people 'sand niggers '.
She deplores their smell. I find it funny. True story.
How many bodyguards does he have? They kill for a lot less than that over there. Walk arount New York City with a shirt like that and they realize who you are and it's gone in seconds.
but surely no woman could fail to be dazzled by this shirt?"
He's looking for gold diggers?
Someone would cut his fool head off for that thing in Manhattan.
"Someone would cut his fool head off for that thing in Manhattan."
Absoulutely!
Or shoot him in the face. Definitely don't want to shoot him in the shirt.
Hell, not quite believing the shirt, just cut his hand off to get the Rolex ricky ticky
Guns are illegal in NYC - so I think he would be pretty safe.
Some dudes do some funny stupid shit when they're trying to get laid, huh ?
I just had to get them drunk :)
alcohol = god's pussy lube
Candy's dandy...
Liquor's quicker
They are all dazzled by putting a potato in the pants.
(You have to put it in the FRONT, not back.)
The guy behind him, and the guy behind the guy behind him, are bodyguards packing heat. Old Pankgaj has an awfully nice bracelet and ring too.
I don't think he is weird, but Bernanke would call him a "barbaric relic". No Ben, that is you and the FED.
Now that you point it out, I wouldn't mess those guys behind him.
I like this guy's sense of style.
Also, I bet he will get some great exercise, since he will be chased by Federal Reserve cops (https://en.wikipedia.org/wiki/Federal_Reserve_Police) who need to replenish the vaults at FRBNY after having given Germany 7 tons of gold.
Uh..... I've not heard that the Fed's delivered but naught of the 7 tons.
If anyone cuts in line ahead of Merkel,
wir haben eine andere Kristall Nacht.
Sorry to inform you, but China has been cutting in line at least the last couple of years, and has gotten at least 100x physical volume out of the dollar system compared to you pitiful Germans.
It would of been cooler if he had not told anyone apart from his missus that it was made of gold and then he could of continued as a cool cat. Knuckles is probably right. (see post above) He's a jerk.
The minute he drove it out of the showroom,
The sportsshirt lost 30% of its value.
Neat article.
Neat material
India dowry anyone?He also has to trust his bodyguards because it's a lot more money than they have. Surprised the guy isn't kidnapped yet. They can probably squeeze a few million off of him.
Choice between his money and his life... That's easy. Money means little at that point.
India's first gang rape victim by women in 5,4,3..
got to feel bad for indian women. the men are as ugly as africans but without the athleticism...
and the uglies actually rake up gold in dowry at marriage from the bride's family ... go figure.
Wait til the algos start in on Monday, the shirt will lose 5% of its value in 0.001 seconds.
Not to mention the paper contracts, there are currently 120 owners of that shirt!
but does it breathe?
Your sweat makes it glisten!
A politician... My god... What are the average wages in India again?
That shirt says insecurity to me. Found out in my younger, wilder years most women were just as horny as I was and wanted a real man around them and not some GQ'd out ladyboy. Never ever had the urge to shack up with an Indian broad though.
well, traditonally you wouldnt talk with an indian girl about shacking up. youd talk with her father...
A shirt like that would likely make a difference, in that case!
Yeah... give dad one and you got Hemijagoffa on a night's loan.
Yes, my daughter, she been virgin many many times for gold shirts teee heee heee
You are an evil fuck!
I mean that in a nice way!
"Nights loan?" Is that like overnight commercial paper or an overnight credit default swap?
Were creating and making money before Europeans were painting themselves "blue", pissing on trees and yelling at the moon!
Wonder if Jamie D. and Lloyd Blankfein have one of those?!!!
If they both had one made... Someone tell the CBs in Germany and Ukraine to send someone over w/ some "heat" and give them both of their home addresse(s).
$210,000 ain't "700" and "40" tons respectively but at least it's a start!
Wearing that shirt makes up for having a small penis.
No, it is a big penis up the ass of the US Fed. More should be doing it.
You should see the gold condom he had made.
Wearing that shirt makes up for having a small penis.
Better to be a small prick with a "gold shirt" than a small prick with a "paper one"!
Paper penises? They got those in India? No wonder the dowry thingamajigs
Didn't that Marie Osama chick sing a song about those?
Lloyd should order 10 of them.
Lloyd is one of the few people who would look better in a Cramer mask.
The other one is Moochelle.
Ya kno, Kaiser, you were right on the edge of getting me going about mooch-masks, but I'm not gonna fall for something that twisted....
Oh go for it.
Moochelle is so ugly that...
OK, OK....
Barack, I've never been so insulted in my life! I went to your damn Halloween party, and at midnight they asked me to take my mask off.
Why are you so angry?
Because I wasn't wearing a mask.
My father was a religious, kind, generous man. Quite unlike me. What would Dad say about Moochelle.
I think he would say, "she looks like the south end of a mule, headed north."
Also heard that as "the south end of a hippo headed north"
Seriously though.... the poor woman. She always seems so bitter, angry. That's not a good way to live.
Lloyd should put them all on at the same time, then go for a swim.
If his business goes belly up he may end up losing his shirt.
If it gets shot it is collateral damage.
Dont take it to a Chinese laundry....it will be lost.....I hear Underarmor is looking into it...seems the gold wicks away the sweat..or at leady the girls dont care anymore
F*ck me hard, Goldy!
Probably still a stranger to deodrant...
Amerikans want more FIAT and IAPPS to be wealthy.
Who the fuck would lay that dork. Frightening, and chubby
My sister said she'd do him for a button!
Nieman Marcus needs that shirt in its Christmas catalog - priced at $500,000, of course.
The price is bullshit. 3,3 kilos of gold is around $120k plus 3000 hours at $5 Indian wages brings it to $140k max. There is no way any Indian would pay that kind of profit margin for a gold product. This is just an advertising stunt to sell to foreigners.
Politicians do dumb things.
http://www.huffingtonpost.com/2011/05/22/newt-gingrich-defends-tiffanys-...
That's the rule, not the exception.
BRICS -
Breaking The Jewish Money Power - Amerikasn will be always be slaves and be happy to server the Jewish BankersI think it looks good. Because of gold's density and malleability, it probably offers some reasonable physical protection, in addition to the protection from fiat money.
It's "GOLD Pankaj", the Anti-Fed Superhero !
Quick, get the Fiat Ray and blast him !
NOOOOOO ! It doesn't work !!!!
All gold everything.
Now that's how you smuggle gold. Wear it as a shirt.
Border Patrol Agent: You, hey you! Stop! What's that shirt?
Illegal immigrant: Who me?
BP: Yes, you. What's that shirt?
II: Gold
BP: Gold, huh? You got an ID?
II: No
BP: You and American Citizen?
II: No
BP: Whatchu doin'?
II: Illegally entering the country. And I got Ebola. And this solid gold shirt.
BP: Oh, in that case, welcome to America. You can get your EBT card, section 8 voucher, driver's license and sign up to vote right over there.
Don't forget an Obamaphone and Obamacare.
Because, yes we can.
The uselessness of gold on full display.
Go ahead and laugh. Just remember, gold does not like to be mocked.
Gold does not give a flying fuck about that loser.
Bilbo had a shirt of mithril rings that Thorin gave him. It's worth was greater than that of the Shire.
Well, it would give new meaning to stealing "the shirt off your back."
Lose the guards and no one would give disco boy a second look. Guy's got worse style than the greaseball Travolta in Saturday Night Fever.
Hey, who took my Bee Gees 8-track? It's the classics, man.
If someone stole your Bee Gees 8-track, just give thanks.