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Commodities Briefing - Categorized | Bullion/Gold, Market Pulse more

Gold may pay the bills, but it’s not a solid investment

Posted on 13 March 2009

From Norwichbulletin.com: When gold prices topped $1,000 an ounce a year ago, people were lined up out the door at Gem Shop & Diamond Source in Rockton, waiting to sell their old jewelry.

They haven’t stopped since, even as gold prices have fluctuated. “People have found a lot of gold on hand that isn’t necessarily needed,” said co-owner Kevin Mueller. “This has helped people with some of their expenses, be it their mortgage, car payments or medical bills.”…. Full Article: Source


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VRS - who has written 34604 posts on Opalesque Commodities Briefing.


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