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


To: Bucky Katt who wrote (4947)12/30/1997 12:37:00 PM
From: The Vet  Read Replies (2) | Respond to of 116758
 
<<I also have taken note how the spread has risen on gold coins and bars. It could be nothing more than dealers trying to pass a little extra risk "holding" cost on.>>

I am sure you are right on this point William, but it is only possible for the dealers to do this if there is healthy demand for physical gold plus a suspicion by both the dealers and the retail buyers that the quoted spot price is not the "real" price. It is always possible that we could get a "paper gold" price and a "real gold" price if there was a loss of confidence in "paper gold" which is really just another fiat currency...