Saturday, November 21, 2009
Top Stories
Comment
Get Email Alerts!

28-year high sparks new gold rush

Published 09/23/07

If you're looking to secure your status as a Bond villain, now would be a profitable time to knock over Fort Knox.

Paul W. Gillespie Gary Watts, chief numismatist at the Annapolis Coin Exchange, shows off some gold coins. Prices above $730 an ounce have renewed interest in gold.
Advertisement
Gold hit $745 an ounce last week, a 28-year high, as the dollar's value slid, and Annapolis Coin Exchange owner Bob Hambleton already has seen more buyers and sellers looking to cash in.

"Even a one-day spike we see an increase of business," he said. "You can plot it."

In the frenzy 28 years ago, Mr. Hambleton said dozens of people would be lined up in front of his Old Solomons Island Road business waiting to buy or sell gold in the hopes of turning a fast buck, forcing him to hire additional security.

"It...

This story has expired!
You can purchase the full text in our news archives.
YOUR COMMENTS

If you encounter other problems, please email ewiffin@capitalgazette.com and include your name, username, and any errors or messages that are displayed. The more information you can provide, the better able we will be to assist you.

In order to post or vote on a comment, you must be signed in with a hometownannapolis account.

Take a look at a summary of Commenting Guidelines.

LOGIN TO POST A COMMENT

If you encounter other problems, please email ewiffin@capitalgazette.com and include your name, username, and any errors or messages that are displayed. The more information you can provide, the better able we will be to assist you.

Username: Password:
Forgot your username? Forgot your password? Create an account
Nov 08 - Nov 22 - Kiwanis Turkey Shoots
LOGIN
Facebook click
Twitter click
HometownGlenBurnie click
HometownBowie click
video
video
Home of the Week: Rob James and CJ Corneliussen-James
video
video
Navy Sports Chat, Football: Nov 16
video
video
Home of the Week: Dianne and Steven Flury
video
video
Navy Sports Chat, Football: Nov 13
video
video
Home of the Week: Judi Fike
video
video
Cordle Campaign Party

• BUY PHOTOS & VIDEO>>

SPECIAL: Two-for-one 8x10 photo reprints

slideshow
slideshow
Home of the Week: CJ and Rob James
slideshow
slideshow
Southern High food plunge
slideshow
slideshow
High school football
slideshow
slideshow
Navy Men's basketball
slideshow
slideshow
Cougars take fourth cheer title
slideshow
slideshow
Best Navy specialists
#1 - Body found on beach in Mayo
#2 - Police Beat for November 20
#3 - Slain man went to South River High
#4 - Our Bay: Green concrete can help slow increase in bay's nitrogen load
#5 - Slain man went to South River High
#6 - Odenton coach, author planning baseball tour
#7 - Prospect of slots casino jobs, contracts draws thousands to Cordish expo
#8 - Furman, Cummings end Arundel’s perfect season
#9 - Alleged drunken driver crashes into 5 cars
#10 - Home of the Week: CJ and Rob James
#1 - Security tightened for NAACP banquet (24 comments)
#2 - Alleged drunken driver crashes into 5 cars (23 comments)
#3 - Arundel Mills officials dive into slots fray (10 comments)
#4 - Property tax hike may be lone option, panel says (10 comments)
#5 - Lobbyist with 7 DUIs sentenced to probation (6 comments)
HomesInAnnapolis.com

Annapolis

Lothian
Advertise
Archive
Blogs
Calendar
Comments
Contact us
Cookbook
Slideshows
Video
AP Video
SUBMIT INFO:
Anniversary
Band info
Birth
Calendar event
Engagement
Letter
Obituary
Wedding