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$3,000 Gold Price Forecast from Merrill Lynch/BOA
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<p>[QUOTE="-jeffB, post: 25262721, member: 27832"]...but not today, so no sale. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></p><p><br /></p><p>My go-to dealer wasn't there; in fact, I haven't seen him at a show in quite a while. I think he's moved on to bigger and better shows.</p><p><br /></p><p>Gold was selling at <i>very</i> low premiums to melt. I saw one polished Liberty double eagle that was just marked "+1%". The strongest offer I got on a details (cleaned, but not completely trashed) common-date Liberty $10 was $1000, a good $50 below melt. I probably should've taken that, but I decided to keep the coin instead of taking the cash. I chatted with the dealer for a while; he says with gold having climbed this much, people just aren't willing to pay significant premiums. The prices I saw at other dealers tended to support that.</p><p><br /></p><p>So, as usual, if gold plummets Monday morning, you can blame me. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 25262721, member: 27832"]...but not today, so no sale. :( My go-to dealer wasn't there; in fact, I haven't seen him at a show in quite a while. I think he's moved on to bigger and better shows. Gold was selling at [I]very[/I] low premiums to melt. I saw one polished Liberty double eagle that was just marked "+1%". The strongest offer I got on a details (cleaned, but not completely trashed) common-date Liberty $10 was $1000, a good $50 below melt. I probably should've taken that, but I decided to keep the coin instead of taking the cash. I chatted with the dealer for a while; he says with gold having climbed this much, people just aren't willing to pay significant premiums. The prices I saw at other dealers tended to support that. So, as usual, if gold plummets Monday morning, you can blame me. :rolleyes:[/QUOTE]
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$3,000 Gold Price Forecast from Merrill Lynch/BOA
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