US telemarketers inflate gold bullion coin prices
How is it that these firms can convince investors to buy at such inflated prices when the normal markup on gold bullion coins is two percent to seven percent, depending on the coins and the quantities?
That is why gold bullion, along with its precious metals cousins, silver and platinum bullion, have been consistently keeping their value against financial assets.
Gold’s rally to record highs in euro and sterling terms and the resilience of spot prices in the face of a rising dollar is sign-posting the metal’s broadening insurance appeal, as sovereign debt fears shift to the fore.
Metals Prices Will Blow Away Gold This Year
Because productive commodities benefit from economic growth.
Hourly Action In Gold From Trader Dan
Today was another case of “Buy Europe” as traders reacted to further rumblings out of Brussels that the EU finance ministers were finagling a way around the original Euro treaty of 1991 which supposedly prevents bailouts of countries that screw up their own fiscal house.
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