Glitter is gone from gold market

  • Article by: Dan Nakaso , San Jose Mercury News
  • Updated: May 5, 2013 - 11:13 AM

Abrupt reversal in the market leaves sellers digging for options.

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joe_mnMay. 6, 13 7:06 AM

22% drop? So u bought a ring for 100. When gold was 300/oz. now u sell it for much more but give up the 22% on top? U still make money. Just a little less.

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dumbgopMay. 6, 13 9:34 AM

Dan Nakaso? Who is this guy? Let's say I bought gold at $278.00 and ounce. Right now it is at $1471.00. If I had invested $100,000, I would now have about five and a half times that in value. Sounds like a bad deal, huh Dan.

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