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Gold Loses Its Hold Over Haven Hunters
At gold dealerships such as Manfra, Tordella & Brookes in downtown Manhattan, the phones have been ringing off the hook for the past four years. But this year, the buying has fizzled out. “There are days here where we wonder if the phones are working,” says Mike Kramer, president. He estimates that sales of gold and silver coins and small bars have fallen 50 per cent in the past couple of months. He is not alone. Particularly in the US, but also in Europe and Asia, interest in gold XAU%3d loading... ... (full story)
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