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Gold/Mining/Energy : Gold Price Monitor
GDXJ 93.03+3.0%Nov 7 4:00 PM EST

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To: paul ross who wrote (5890)1/15/1998 2:14:00 PM
From: Pete Young  Read Replies (2) of 116753
 
Called about buying some American Gold Eagles yesterday, with the spot price at ~$282. Best prices around town were $299 on the sell, and most interesting, $285 on the buy. Six months ago, I called for the same information, and the spread was much lower, just several dollars at that time. So, any comments on the sell price being so high in relationship to the spot? Also, I noticed that these folks seemed busy...not much time to chat on the phone, (which was a change from my previous experience). Is there anyplace anyone can recommend that would offer a lower spread today?
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