Someone’s making money on Gold

November 7, 2008

Seen the “Gov’t Gold” ad campaign running on CNBC? The one selling tenth-of-an-ounce gold coins for $98 each? Compare to the spot price for a full ounce of gold at $734. That’s a tidy mark-up.

You’d think the guys behind the ad would ask CNBC to shut off the ticker…

I know there’s plenty of debate as to the accuracy of the quoted spot price. Still, I thought this was a funny screen capture…

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