Archive for May 12th, 2009

Market watcher: David Shapiro – Sasfin
Moneyweb, South Africa
A barrel of Brent is $57, and gold is trading at $918/fine ounce. A Krugerrand at the SA Gold Coin Exchange will cost you R8 510 today. ALEC HOGG: Thank you, Felicity Jane. Here's David Shapiro on a day when the JSE managed to eke out a small gain.

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Byron King on the Challenge of Diminishing Resources
Gold Seek
TGR: It sounds as if you're suggesting that people own the physical gold more as an insurance policy, as opposed to a wealth-creating investment based on the belief that a gold coin you buy for $900 today is going to be worth $2000 at some point.

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17th Annual Cabin Fever Auction At Tim's
Antiques and the Arts Online, CT
The market for precious metals has soared, with Chapulis commenting that sales of gold and silver coins has never been better. Numerous currency items were offered, with a $1000 bill selling at $2587 and a $500 bill bringing $1150. The top coin lot was

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Business specializes in coins, collectibles
Shreveport Times, LA
American Coins and Collectibles offers services in coins, currency and early Americana, and is a brokerage resource for precious metals such as gold, silver and platinum. Since June 1993, in its same location on Pierrement Road, Self has been dealing

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Money Talks at the Smithsonian's National Museum of American History
7thSpace Interactive (press release), NY
Featured objects include a colonial Massachusetts shilling from 1690—the first paper money in the Western hemisphere, the unique 1849 $20 gold coin and a clam shell used as currency during the Great Depression. The exhibition uses objects and

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