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Gold/Mining/Energy : Gold Price Monitor
GDXJ 128.04+0.7%Jan 16 4:00 PM EST

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To: Tom M who wrote (60520)11/4/2000 2:38:08 PM
From: goldsheet  Read Replies (2) of 116870
 
> spend a few bucks on TV quickly educating the public

The public probably pays $800-$1000 per ounce for gold in the form of high markup jewelry. I'm sure they could get three-to-four times as much gold per dollar buying bullion, but a round hunk of metal just doesn't seem to have the same appeal as a nice gold necklace.

Give your wife/girlfriend/significant other a one ounce gold bullion coin, then tell me how you liked sleeping on a sofa, and how many days before it goes to the pawn shop to be traded for some jewelry contains .25 ounces of gold.
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