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


To: John Graybill who wrote (77526)9/27/2001 8:51:09 AM
From: Tommaso  Read Replies (3) | Respond to of 116922
 
They were selling nothing but Eagles, but trying to make them seem like collectibles by stating that "only" 72,000 had been minted, or something like that. They were claiming to have "cut prices." "Only $399 for this valuable gold coin with one full ounce of gold." I guess a 33% premium on a gold coin is probably better than a 100% premium on a potato peeler.

I actually have only seen this running on one of the TV sales channels, noticing it while surfing for news.

The big promotions for precious metals were going on back in the 1980s--just the wrong time. I have a tape I made of the market crash of 1987, and there are many commercials for precious metals, just as for the past two years there have been commercials for mutual funds, brokerages, options, etc.

But you might be right--this could be the start rather the finish.



To: John Graybill who wrote (77526)9/27/2001 8:52:40 AM
From: Tommaso  Respond to of 116922
 
Let's watch for "Consumer Reports" to do a piece on gold coins. <g>