free html hit counter Rush to trade gold for dollars sparks cash shortages in NYC’s Diamond District: ‘This is a new experience’ – My Blog

Rush to trade gold for dollars sparks cash shortages in NYC’s Diamond District: ‘This is a new experience’

Even used Rolex watches are trading at a premium when they’re made of gold — even though nobody would ever buy a Rolex to melt it down, said Paul Altieri, chief executive of Bob’s Watches, one of the US’s largest purveyors of pre-owned timepieces.

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