Proof that India’s economy is booming: World’s first Gold plated car

The Indian car maker, Tata, unveiled what it claims is the world’s first Jewelry car.

It has about 80 kg (176 pounds) of 22 karat gold, approximately 15 kg (33 pounds) of silver and 10,000 gemstones.  Gold is about U.S. $1,700 per ounce!  Silver is about U.S. $40.00 per ounce. 16 ounces in one pound.  That means that the little Tata Nano car is worth, in just the value of the gold and silver, $4.8 million!