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Our long love affair with gold

From msn.com

Every morning for the past six months, Isaac Kahan has left his house at 3:30 a.m. to begin his workday on the stretch of 47th Street that comprises New York City’s bustling Diamond District. Buying and selling gold has never been a busier vocation. As the president of Bullion Trading, he sells about $1 million in gold from his storefront every day. Though 1-ounce bars are his most popular offering, Kahan has taken to selling quantities of gold that are so tiny they would have been unthinkable a year or two ago—as little as 2.5 grams, for around $500. “I keep on telling my wife that this is a once-in-a-lifetime ... (full story)

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  • Category: Fundamental Analysis