Inside the global frenzy for gold | Gold Anti-Trust Action Committee

“Everyone and their grandmother has a sign out saying, ‘We buy gold,’” said Ron Lieberman, the owner of Palisade Jewelers in Englewood, N.J. He estimates that 10 times as many people come into his store to sell gold now as when the metal was selling for $300 an ounce at the beginning of … Over all, in the second quarter of 2009, consumption of gold for jewelry plunged 20 percent, while investor demand for gold increased 51 percent, according to the World Gold Council

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Inside the global frenzy for gold | Gold Anti-Trust Action Committee

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