Archive for February, 2009

Pawn shops are thriving
Zanesville Times Recorder, OH
O'Connell, who mainly deals with Longaberger baskets, guns and gold, said gold has been a hot item recently. "I've been buying a lot of gold and coin collections," he said. "The prices have been going up every day for the last few weeks, and I've been

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India Post sells 24850 gold coins in three months
Commodity Online, India
The India Post offers gold coins in combinations of 0.5 gm, 1 gm, 5 gm, and 8 gm. Customers can now walk into post offices and buy pure 24 carat gold coins certified by the Swiss precious metal company Valcambi. India Post gives training in handling

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Gagosian Gallery seeks gold frozen in Stanford case
Forbes, NY
In January, Gagosian bought 100 1-kg (2.2-lb) gold bars, from Stanford Coins & Bullion, a subsidiary of another Stanford company. The parties agreed the money would be wired to Stanford Coins and then transferred to the Dillon Gage Group, an unrelated

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Owning Gold: Will Executive Order 6102 be revived
Todays Financial News, MD
The last time this happened was under the “other” FDR: Executive Order 6102 was signed on April 5, 1933 by US President Franklin D. Roosevelt “forbidding the Hoarding of Gold Coin, Gold Bullion, and Gold Certificates.” It required all persons to

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WalletPop
Cramer Warns on Gold Scams
WalletPop, VA
Buying new gold is a lot like buying a new car. The value goes down when you take it out of the store parking lot. Buy direct from Uncle Sam. Buy from eBay (Stock Quote: EBAY) if you like, or from a reputable dealer, but it’s best to buy gold coins

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