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What Every Well-Dressed Indian Businessman Is Wearing This Summer - A $210,000 Gold Shirt

Tyler Durden's picture




 

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...

 

 

As The Independent reports,

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.

*  *  *

 

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Sat, 08/09/2014 - 23:32 | 5071835 Uncle Remus
Uncle Remus's picture

Man, that's just salt on the wound.

Sun, 08/10/2014 - 00:12 | 5071892 knukles
knukles's picture

Pass the lemon juice

Sun, 08/10/2014 - 01:44 | 5072027 Otto Zitte
Sat, 08/09/2014 - 19:56 | 5071260 cpnscarlet
cpnscarlet's picture

Platform shoes to stretch 5'4" - $185

Jenny Craig for a year to lose 35 lbs - $3500

Gold Shirt to wow the Babes - $210,000

Believing Gold is money and everything else is credit - Priceless.

Sat, 08/09/2014 - 19:58 | 5071262 MollyHacker
MollyHacker's picture

It's a nice shirt, reminds me of the flick "man with the golden gun".

Sun, 08/10/2014 - 01:16 | 5071990 Otto Zitte
Otto Zitte's picture

Goldfinger

At the drive in, baby.

Sat, 08/09/2014 - 20:02 | 5071274 Uncle Remus
Uncle Remus's picture

Gold and silver plaid for me, so I can wear it with my bib overalls. Can I get it in long sleeves? Oh, and a pocket for my glasses and chew.

Sat, 08/09/2014 - 20:21 | 5071333 knukles
knukles's picture

Remus... order a tungsten pocket liner while you're at it, too

Sat, 08/09/2014 - 23:27 | 5071821 Uncle Remus
Uncle Remus's picture

That goes in the big bib pocket up front, in the middle - keep the balance ya know. Not that I'll notice once I've put the plate in the carrier sewn into the bib. Got them fancy curved plates with the Goop-X sprayed on it. Ever seen the mayhem bullets cause around the front of a steel target when it hits? Boy howdy. Best git some with Goop-X or some such.

Sat, 08/09/2014 - 20:21 | 5071334 grunk
grunk's picture

Yeah, but he wears tungsten underwear.

Sat, 08/09/2014 - 20:25 | 5071344 DeusHedge
DeusHedge's picture

I know I'm a bad boy, please just don't get me! :)

Sat, 08/09/2014 - 20:56 | 5071418 RichardParker
RichardParker's picture

"I know I am not the best looking man in the world but surely no woman could fail to be dazzled by this shirt?"

No worries my friend, "clothes make the man".

Sat, 08/09/2014 - 21:17 | 5071426 SgtShaftoe
SgtShaftoe's picture

How very conductive!  Electrifying in fact.  Hope nobody hits him with a tazer.

Sat, 08/09/2014 - 21:08 | 5071439 malalingua
malalingua's picture

He puts Mr. T to shame, and that's saying something.

Sat, 08/09/2014 - 21:17 | 5071461 JackT
JackT's picture

Too bad those buttons are brass

Sat, 08/09/2014 - 21:48 | 5071544 syntaxterror
syntaxterror's picture

I hope it's bullet proof too. 

Sun, 08/10/2014 - 08:50 | 5072329 Martian Moon
Martian Moon's picture

Upvoted for the avatar

Sat, 08/09/2014 - 21:54 | 5071567 holdbuysell
holdbuysell's picture

Flash back to medieval times and chain mail, Louis Vuitton style.

Sat, 08/09/2014 - 22:19 | 5071644 lakecity55
lakecity55's picture

The first time I came here, I thought I would load up, since India has a 'golden' reputation for ...gold.

Then I found out they do not sell by the ounce, only grams (duh). Then I discovered the Tax. Then I discovered the hapless Indians had been suckered into a VAT as well.

Not only that, but when you buy jewelry, you also get burned. If you supply the gold, from the family stash, they make the jewelry and keep the scraps.

Despite all of this, the people love their gold. When the government tried to raise taxes, it created a black market of smuggling. They just do not trust paper money.

I wonder though if their central bank is controlled by the International Termites with Hindu front men....

 

Sat, 08/09/2014 - 22:44 | 5071705 Bemused Observer
Bemused Observer's picture

That's got to be about as comfortable as a shirt made of fiberglass.

And very generic-looking. Doesn't do the material justice.

Sun, 08/10/2014 - 07:59 | 5072284 BeetleBailey
BeetleBailey's picture

I concur. For that kind of cabbage, I'd bling the fucker up. Flared collars, designs - fuck - do a fresco on the back......

Indian douchebag.....

Sat, 08/09/2014 - 22:47 | 5071719 Runs-With_Toast
Runs-With_Toast's picture

Wanker

Sat, 08/09/2014 - 22:50 | 5071728 Bemused Observer
Bemused Observer's picture

If he ever loses his wallet, he can always get hold of some fast cash by tearing off his collar and selling it to a jeweler.

Now THAT'S liquidity.

Sat, 08/09/2014 - 22:54 | 5071733 metaStable
metaStable's picture

It is probably bulletproof as well. I know a few preppers who would kill for that shirt.

Sat, 08/09/2014 - 23:38 | 5071846 JuliaS
JuliaS's picture

A suit made of dried beef jerky. Check.

A suit made of guns. Check.

A suit made of gold. Hmm...

Sat, 08/09/2014 - 22:59 | 5071749 teslaberry
teslaberry's picture

i would totally do him, and i'm not even gay. do they sell condom's made of gold?

that should be a thing. seirously. i can see them actually selling. like you know i microgram of gold nano particles in them and sell them at a 500% margin. 

 

most people don't realize how expensive gold leaf is relative to the gold content---processing materials into paints dyes and micro-catalysts with high overall surface area can be a very energy intensive and expensive process.....

Sat, 08/09/2014 - 23:07 | 5071770 JuliaS
JuliaS's picture

Glad to see at least one man take the Fukushima threat seriously.

Sat, 08/09/2014 - 23:30 | 5071828 Salsipuedes
Salsipuedes's picture

It still couldn't get that A-sexual actor Elliot Rodgers laid.

Sat, 08/09/2014 - 23:59 | 5071874 Conax
Conax's picture

You reckon this dude is one of those nice guys that will give you 'the shirt off his back'?

Guess not, you don't glom a solid gold shirt by being an easy touch.  The local gangsters might view this ostentatious display as an insult to their competence and gravitas.  This guy is a reckless, strutting peacock, not that there's anything wrong with that. 

Sun, 08/10/2014 - 01:30 | 5072010 MsCreant
MsCreant's picture

You might call this real comedy gold!

Sun, 08/10/2014 - 11:13 | 5072577 ThroxxOfVron
ThroxxOfVron's picture

Mr. T is probably gonna have to go with the size extra large...

Sun, 08/10/2014 - 07:58 | 5072281 BeetleBailey
BeetleBailey's picture

"Give the shirt off his back" was the first thing I thought of too....scrolled to find someone thinking the same thing....

This idiot stands on the street wearing it; he must have good security.

Ostentatious motherfucker....

Sun, 08/10/2014 - 01:12 | 5071971 Otto Zitte
Otto Zitte's picture

But the rest of my extended family thinks I'm weird... Pankaj, welcome to fight club.

Nice threads.

Sun, 08/10/2014 - 01:48 | 5072032 Spungo
Spungo's picture

That is so fucking cool. Why make a shirt out of gold? Because I can, bitch!

Sun, 08/10/2014 - 01:51 | 5072036 silverserfer
silverserfer's picture

i heard he had an unfortunate smelting accident. 

Sun, 08/10/2014 - 02:11 | 5072047 omrizario
omrizario's picture

disgusting

Sun, 08/10/2014 - 04:51 | 5072142 nah
nah's picture

masterpiece bitchez

Sun, 08/10/2014 - 06:15 | 5072173 Raging Debate
Raging Debate's picture

Pankaj Parakh - "People think I'm wierd."

No I don't Mr. Parakh, I think your vain like Dennis Kovloski at Tyco and his $125,000 gold shower head and toilet seat. Of course nowadays he wouldn't have done time, he would have gotten a political appointment.

Sun, 08/10/2014 - 07:56 | 5072278 Spumoni
Spumoni's picture

 All y'all are completely clueless. That is Tyler and he's been snorkelling. Bitchez. Better go get your scuba gear, boyz...

Sun, 08/10/2014 - 08:07 | 5072291 Thirtyseven
Thirtyseven's picture

A ten pound shirt?  Hope it doubles as body armor.

Sun, 08/10/2014 - 09:20 | 5072360 NuYawkFrankie
NuYawkFrankie's picture

Anf they still look like jerks ;)

Sun, 08/10/2014 - 11:30 | 5072367 deflator
deflator's picture

 I understand the psychology behind ostentatious displays of wealth but solid gold toilets, guns, shirts etc. has to be something different than ordinary vanity/lust. 

 

 He is a politician https://www.youtube.com/watch?v=tdHJOyFEfBU

Sun, 08/10/2014 - 09:57 | 5072405 PresidentCamacho
PresidentCamacho's picture

Well I think his story of it "got lost in the wash" will work better than all the boating accidents you guys have.

Sun, 08/10/2014 - 11:12 | 5072572 ThroxxOfVron
ThroxxOfVron's picture

Don't forget to read the fine print on the dry-cleaner's slip.

...&, no, You can't wash it in warm with like colors or it will shrink...

Sun, 08/10/2014 - 12:56 | 5072830 t_swiper
t_swiper's picture

So how much does he pay his textiles workers?, I hope it wasn't the usual £2 a day like many of these assholes factory owners.

Sun, 08/10/2014 - 14:13 | 5073031 pupdog1
pupdog1's picture

Where's his organ grinder?

Sun, 08/10/2014 - 14:19 | 5073050 Dividend
Dividend's picture

Good taste...but i would prefer to buy stocks. Especially good dividend growth stocks that pay me a solid income and doubles over 10 years or so.

Thu, 08/14/2014 - 19:41 | 5094853 MeelionDollerBogus
MeelionDollerBogus's picture

Royal Silver actually had a 2k bond (AUD) that paid out dividend in silver ounces for 2 years, monthly payout.

A fiat-payout that "doubles" means little when the cost of living can more than double in the same time frame. Tangibles are real value & fiat is merely an IOU that can't be repaid in full.

Sun, 08/10/2014 - 16:07 | 5073346 robertocarlos
robertocarlos's picture

Well you do have to admit the guy needs help and you can also buy a better looking rayon shirt for less than 50 bucks.

Sun, 08/10/2014 - 19:42 | 5074240 Tegrat
Tegrat's picture

tru dat. liesure suit larry comes to mind.

Mon, 08/11/2014 - 02:07 | 5075163 onmail
onmail's picture

This is nothing , many (many) Indian ladies have 5-1/2 yard Sarees made of Gold thread.

My advice to Pankaj :

Hide it man , hide it, 

Last time Indians boasted of their Gold, diamonds , silver & jewels , the pirates , The British East India Company authorized by British King (few hundred years ago) , and also many other European colonists colonized India using Divide & Conquer policy. Within a short time they looted all the treasuries of Indian rulers and transported that to Britain in 100 ships. Even the diamond in the crown of British queen called Kohinoor is an Indian loot. What was the price Indians paid? 10 million Indians died in famines etc. And British ppl do not speak about this all that just like Indians do not speak about their caste system and their treatment to other religions for thousands of years.

And British established their first garment factory in your state Pankaj , in Gujarat(Surat).

Thu, 08/14/2014 - 19:38 | 5094830 MeelionDollerBogus
MeelionDollerBogus's picture

Dincha-no, looting & enslaving a local populace to feed an empire of thieves is OK if you belong to the right tribe. Too bad for Indians (east & north-american), Palestine, Tamils & aboriginals from Australia.

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