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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?

To: isopatch who wrote (3097)	11/8/2003 12:48:08 AM
From: edward miller	Read Replies (1) \| Respond to of 108920

You might be right, but I see another possibility. We have been through a seemingly endless bear market in gold until about 2 years ago. Margins could have been thin because of slack demand for gold. Now more people (still a minority) can see that gold has turned. Business is better at the gold coin dealers, and that means they are able to get better margins. They could have been just surviving in the worst years. I am not claiming to know anything special here, but this makes sense to me. I would think that selling gold coins has been a really tough way to make a living until recently. Something to think about. Ed