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-   -   People Line Up to Buy Gold in Britain (https://gfy.com/showthread.php?t=860587)

buzzy 10-08-2008 07:41 PM

People Line Up to Buy Gold in Britain
 
London's two leading bullion dealers, ATS Bullion and Baird & Co, have reported a rush of interest from savers, many of whom have hundreds of thousands of pounds worth of savings they want to convert into the precious metal.

At least two customers have invested the entire proceeds from selling their houses into gold, each buying up more than £500,000-worth of gold bars, according to one dealer.

Savers have been queuing in the street at ATS Bullion, whose offices are just off the Strand in London's west end.

http://www.telegraph.co.uk/finance/f...r-bullion.html

Brujah 10-08-2008 07:41 PM

Sweet, there goes the price.

Warren 10-08-2008 08:06 PM

Quote:

Originally Posted by buzzy (Post 14872197)
London's two leading bullion dealers, ATS Bullion and Baird & Co, have reported a rush of interest from savers, many of whom have hundreds of thousands of pounds worth of savings they want to convert into the precious metal.

At least two customers have invested the entire proceeds from selling their houses into gold, each buying up more than £500,000-worth of gold bars, according to one dealer.

Savers have been queuing in the street at ATS Bullion, whose offices are just off the Strand in London's west end.

http://www.telegraph.co.uk/finance/f...r-bullion.html


Cool, do you have there address?

The Duck 10-08-2008 08:09 PM

gold is the new stuff

Phoenix 10-08-2008 08:12 PM

in other news canada just employed 30,000 people in sudbury ontario with the re opening of two giant gold mine

everyone is sure to enjoy the price once the gold hits the marketplace..lol

Warren 10-08-2008 08:17 PM

Quote:

Originally Posted by Phoenix (Post 14872305)
in other news canada just employed 30,000 people in sudbury ontario with the re opening of two giant gold mine

everyone is sure to enjoy the price once the gold hits the marketplace..lol



lol, same as diamonds, de beers have a ton of diamonds in stock, they could flood the market, if they wanted too, they dont for a reason.

Phoenix 10-08-2008 08:20 PM

Quote:

Originally Posted by Warren (Post 14872315)
lol, same as diamonds, de beers have a ton of diamonds in stock, they could flood the market, if they wanted too, they dont for a reason.

well we will be flooding the market

you dont employ 30,000 people for no reason

i imagine it will jut be a stabilizer though

Warren 10-08-2008 08:24 PM

Quote:

Originally Posted by Phoenix (Post 14872318)
well we will be flooding the market

you dont employ 30,000 people for no reason

i imagine it will jut be a stabilizer though



I would call it smart thinking, gold rush in canada, coming soon.

Manowar 10-08-2008 08:28 PM

Quote:

Originally Posted by Phoenix (Post 14872305)
in other news canada just employed 30,000 people in sudbury ontario with the re opening of two giant gold mine

everyone is sure to enjoy the price once the gold hits the marketplace..lol

damn, 30k jobs. I guess they are betting on it just rising and rising


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