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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Tom M who wrote (60520)	11/4/2000 11:18:52 AM
From: Enigma	Read Replies (2) \| Respond to of 116763

What would it do to the open market price of coins if the producers were to buy them - also mailing costs, insurance. etc. Also most shares are held and recorded electronically - so this idea is probably impractical from a logistics viewpoint. Think of actually organising it.

To: Tom M who wrote (60520)	11/4/2000 2:38:08 PM
From: goldsheet	Read Replies (2) \| Respond to of 116763

> 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.