The price of gold declined this week, leading many analysts to believe a significant correction will continue. "Briese believes a 33% correction from recent highs, to about $1,250, is quite plausible."
The proprietor of one Madison retail store that buys and sells gold warned a customer on Saturday that he will not receive the same price for his jewelry on Sunday, and the store has already made arrangements to sell off its entire stock of gold early this week.
Those who took investment advice from Glenn Beck and G. Gordon Liddy are in for a bumpy ride.
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