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How much is gold trading for?

Posted by Edward Harrison on 7 December 2009 at 9:36 am

In the clip below Mark Dice tells people that he will give them a one ounce Gold coin for free if they can guess how much it’s worth. To be fair he gives them 25% leeway in their guess.

How do you think they did? P.S. – the answer is not 38 cents or $17; it’s higher.

Take a look – it’s pretty funny.

Hat tip Prieur du Plessis.

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Edward Harrison

Edward Harrison is the founder of Credit Writedowns and a former strategy and finance executive with twenty years of business experience. He started his career as a diplomat and speaks six languages, a skill he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College. He is a regular contributor at Seeking Alpha, Naked Capitalism, and Roubini Global Economics. Edward has often spoken on television and radio in the US, the UK, Canada and Russia. Contact him at edh at creditwritedowns dot com to schedule a media appearance or for a question about this site.

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