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


To: yard_man who wrote (12262)5/27/1998 7:21:00 PM
From: William JH  Read Replies (2) | Respond to of 116837
 
FWIW, I was in a large coin/precious metals shop today, and asked them for their take on the retail gold market, bullion coins and etc.

When gold first fell below $300 there was a lot of interest and buying activity. Now that this price area has been visited several times, interest has waned. They don't expect a pickup until prices either go lower, or start to move well above current levels.

I heard two different money managers today say that the greenback has replaced gold as the world safe haven currency.