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Thread: Leader Bank sells gold coins (!)

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  1. #1
    stoneFree
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    Leader Bank sells gold coins (!)

    With stocks tanking and gold hitting all-time highs, the Arlington-based bank recently began marketing gold coins to investors — apparently the only Hub bank to do so.

    “There’s so much uncertainty in financial markets these days that people are looking for other ways to invest,” Leader Bank President Sushil Tuli said. “The stock market isn’t doing well and bond interest rates are next to nothing, so people just seem to have more confidence in gold.” ..
    http://news.bostonherald.com/busines...icleid=1360680

    More people losing faith? 4% markup over spot price of metal isn't bad.
    Last edited by stoneFree; 08-25-11 at 03:03 AM.

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