Final Note

Europeans take refuge in gold

Kai Ryssdal Jun 29, 2015
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Final Note

Europeans take refuge in gold

Kai Ryssdal Jun 29, 2015
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Let’s circle back to the lack of mobility Greeks and their money are dealing with right now.

Bloomberg News is reporting that Europeans have been buying gold — traditionally the safest of safe havens — at quite a clip this month.

The U.K. Royal Mint says sales of gold coins to Greeks was “double the five-month average in June.” 

Private coin retailer CoinInvest.com says it’s sold out, and that it’s the French, Germans and Greeks who are buying.

The rest of the world … meh.

Gold closed up about 0.5 percent today in New York.

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