There is an almost frenzy buying and selling of gold coins in the States nowadays as exemplified by the many new gold business companies. This is a good indication of the growing number of Americans who are interested in gold coins. The spokesperson for the World Gold Council mentioned that although gold recycling is very common in the Middle East and India, it is a relatively new practice in the West.  The third quarter report of WCG on gold for 2010 mentioned an increase in the West’s recycled gold supply in recent years accounting for about 41% global supply in 2009. An economics … [Read more...]