Showing posts with label Economy. Show all posts
Showing posts with label Economy. Show all posts
Friday, May 9, 2014
Tuesday, April 8, 2014
Tuesday, December 24, 2013
Wednesday, November 27, 2013
Monday, November 25, 2013
Tuesday, October 15, 2013
Tuesday, October 8, 2013
Friday, September 13, 2013
Thursday, September 12, 2013
Monday, September 9, 2013
Thursday, June 20, 2013
Wednesday, May 29, 2013
Monday, April 15, 2013
Precious Metals Losing Steam = Perfect Opportunity to Start Investing
Is the precious metals bubble bursting or is something bigger coming on the horizon? From what I can see there is a serious disconnect between the paper and physical markets. I understand that due to current market conditions more and more investors are flocking to cash and dumping commodities however, I still feel that concern or panic is not needed in regards to the PM market. We just maybe seeing a precursory sign to more turbulent economic conditions ahead.
Fear not as below are my top 4 reasons on why the downturns are good:
1. When the value of precious metals starts dipping, this allows you to buy gold/silver at a discount. Remember, buy low sell high.
2. If you are holding precious metals for the long term to protect wealth, you should have almost zero concern. For those that think that gold/precious metals will crash like the real estate market, think again, history tells us a different story.
3. Gold prices falling will not last for long, global economic conditions are extremely turbulent and fluctuations are a given.
4. Those who want to store their wealth for a lifetime or generations will want to invest in something that is non-corruptible, cannot be printed, does not rot, does not expire, is portable and accepted all over the world. Precious metals is that vehicle to do so.
-Blogging4Bullion
Fear not as below are my top 4 reasons on why the downturns are good:
1. When the value of precious metals starts dipping, this allows you to buy gold/silver at a discount. Remember, buy low sell high.
2. If you are holding precious metals for the long term to protect wealth, you should have almost zero concern. For those that think that gold/precious metals will crash like the real estate market, think again, history tells us a different story.
3. Gold prices falling will not last for long, global economic conditions are extremely turbulent and fluctuations are a given.
4. Those who want to store their wealth for a lifetime or generations will want to invest in something that is non-corruptible, cannot be printed, does not rot, does not expire, is portable and accepted all over the world. Precious metals is that vehicle to do so.
-Blogging4Bullion
Tuesday, March 12, 2013
Thursday, February 28, 2013
Wednesday, November 7, 2012
Friday, October 5, 2012
Danger: Cash for gold operations & what you need to know
We have all seen them on the television, heard them on the radio, signs outside of random strip malls, pawn shops, newspapers and everywhere else you turn. Yes, I am talking about advertisements promising a quick buck for your gold & silver.
Sounds like a pretty good deal at first. You are short on cash, may have a power or some other bill that is past due. A light bulb goes off in your mind and remember that you have some old jewelry and coins laying around gathering dust. You decide to make a conscious decision to trade them in for cash via a envelope you received in the mail, a friend telling you they are having a "gold party" or maybe you headed over to some random place that you saw on your way home from work. You walked in, got rid of some old jewelry or coins and now you have a pocket full of cash. Well Guess what? More than likely you just got screwed and received the absolute bare minimum for your valuables. The person you sold your precious metals to is laughing all the way to the bank. "Just another day, just another sucker."
While reading this article you may say to yourself, So what! "I have more money now than before I got rid of all that useless jewelry that was laying around." This maybe true and by all means go ahead and skip past this post if you feel that way. If you are intrigued, continue reading.
Due to multiple factors one being the economy/weaker dollar, precious metals have become a hot commodity, people want them and will do whatever it takes to get them including ripping off their fellow man. Below are tips that you can follow so you not become the proverbial sucker.
The first and most important thing you should do is find out how much your gold/silver/platinum is worth. This is going to involve you doing some research and can be done several ways. Go online and do a search for the current spot price of of the precious metal in question.(Note: The spot price is constantly changing) After finding the spot price you will need to determine how much of the precious metal the jewelry/coin actually contains (10k,14,k etc..The internet should be able to help with this question as well.) With all that being said, This may prove to just be to difficult for some.
Another alternative and probably easier way is just finding and going to a reputable jeweler/precious metal dealer and have them determine what your item is worth. Again, this will require a little research on your part to determine who is reputable and who is not. Determine how long they have been in business, are they in good standing with the Better Business Bureau etc.
Thirdly, Go out and get more than one opinion and go with higher paying option.
Quick cash for gold operations prey on those that don't know any better or those that are to lazy to figure out the value of what they own. Remember the research you do maybe the difference between you paying your power bill for one month or for one year. The choice is yours.
-Blogging4Bullion
Sounds like a pretty good deal at first. You are short on cash, may have a power or some other bill that is past due. A light bulb goes off in your mind and remember that you have some old jewelry and coins laying around gathering dust. You decide to make a conscious decision to trade them in for cash via a envelope you received in the mail, a friend telling you they are having a "gold party" or maybe you headed over to some random place that you saw on your way home from work. You walked in, got rid of some old jewelry or coins and now you have a pocket full of cash. Well Guess what? More than likely you just got screwed and received the absolute bare minimum for your valuables. The person you sold your precious metals to is laughing all the way to the bank. "Just another day, just another sucker."
While reading this article you may say to yourself, So what! "I have more money now than before I got rid of all that useless jewelry that was laying around." This maybe true and by all means go ahead and skip past this post if you feel that way. If you are intrigued, continue reading.
Due to multiple factors one being the economy/weaker dollar, precious metals have become a hot commodity, people want them and will do whatever it takes to get them including ripping off their fellow man. Below are tips that you can follow so you not become the proverbial sucker.
The first and most important thing you should do is find out how much your gold/silver/platinum is worth. This is going to involve you doing some research and can be done several ways. Go online and do a search for the current spot price of of the precious metal in question.(Note: The spot price is constantly changing) After finding the spot price you will need to determine how much of the precious metal the jewelry/coin actually contains (10k,14,k etc..The internet should be able to help with this question as well.) With all that being said, This may prove to just be to difficult for some.
Another alternative and probably easier way is just finding and going to a reputable jeweler/precious metal dealer and have them determine what your item is worth. Again, this will require a little research on your part to determine who is reputable and who is not. Determine how long they have been in business, are they in good standing with the Better Business Bureau etc.
Thirdly, Go out and get more than one opinion and go with higher paying option.
Quick cash for gold operations prey on those that don't know any better or those that are to lazy to figure out the value of what they own. Remember the research you do maybe the difference between you paying your power bill for one month or for one year. The choice is yours.
-Blogging4Bullion
Wednesday, September 19, 2012
Tuesday, September 18, 2012
Gold & Silver Quietly Showing Strong Increases
With not much being reported in the mainstream media as of late, gold and silver have quietly started their strong and steady increases since June of this year. At the time of this post Gold closed at $1771.00 with silver closing $34.85. Anyone that invested around springtime of 2012 are now seeing some really nice gains at the beginning of the fall season.
Earlier this year I recalled seeing many posts out on the internet reporting of precious metals' imminent collapse, but like always here we are and precious metals are looking better than ever as a safe alternative investment vehicle. With Q3 now in the books as well as it being open ended who knows how high the price of precious metals is going to shoot up. Invest while you can, we maybe on the way to the moon in the near future.
-Blogging4Bullion
Earlier this year I recalled seeing many posts out on the internet reporting of precious metals' imminent collapse, but like always here we are and precious metals are looking better than ever as a safe alternative investment vehicle. With Q3 now in the books as well as it being open ended who knows how high the price of precious metals is going to shoot up. Invest while you can, we maybe on the way to the moon in the near future.
-Blogging4Bullion
Thursday, August 30, 2012
China, Not Wall Street, Caused 2008 Crisis: Study
By: Liza Jansen, Special to CNBC.com
Thought the global financial crisis in 2008 was caused by subprime bonds, collateralized debt obligations (CDOs) and other Wall Street engineering? Think again.
According to a new study, China, not Wall Street bankers, was responsible for the global crisis and the ensuing recession.
The study from the Erasmus Research Institute of Management said the saving frenzy of the Chinese created the cheap money, which fueled the U.S. housing bubble and its collapse.
Heleen Mees, writer of the study and adjunct associate professor at the NYU Wagner Graduate School of Public Service, said that exotic mortgage products could hardly have been the cause of the U.S. housing market bubble and its ultimate collapse.
According to a new study, China, not Wall Street bankers, was responsible for the global crisis and the ensuing recession.
The study from the Erasmus Research Institute of Management said the saving frenzy of the Chinese created the cheap money, which fueled the U.S. housing bubble and its collapse.
Heleen Mees, writer of the study and adjunct associate professor at the NYU Wagner Graduate School of Public Service, said that exotic mortgage products could hardly have been the cause of the U.S. housing market bubble and its ultimate collapse.
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