Showing posts with label Golds High. Show all posts
Showing posts with label Golds High. Show all posts
Friday, May 9, 2014
Tuesday, December 24, 2013
Wednesday, November 27, 2013
Tuesday, October 8, 2013
Friday, September 13, 2013
Thursday, September 12, 2013
Thursday, February 21, 2013
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
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 9, 2012
The Olympic Gold Medal, Well Sort Of
The Summer Olympics. Nations coming together in sport every 4 years. All the character stories, the athletic accomplishments and the Olympic Medals. What a sham...
Yes we are talking about the medals. Those shiny sought after pieces of rare accomplishment. These being the
largest medals ever produced for the Summer Olympics.
The
gold and silver medals weighing about 412 grams and bronze weighing in at 357
grams, each medal is 85mm in diameter, and 8-10mm thick.Contrary to what the name might suggest and most people beliefs there is hardly any gold contained within a gold medal.
The Olympic charter guidelines state that at least 6 grams of gold must be used in each medal. Shockingly, This
year's Olympic gold medal is comprised of 92.5 % silver, and only a whopping
1.34% gold, and the rest 6.16 percent is made up of copper.
A little bit depressing I would say. As well, I feel terrible for the unfortunate athlete who days of glory have passed, now down on their luck that will need to visit their local pawn shop. What a true disappointment that will be.
-Blogging4Bullion
Tuesday, July 17, 2012
Monday, June 25, 2012
Wall Street to Las Vegas
The current American thought on investing is a sad one. We the people are expected, socially pushed and even manipulated to hand over our money to those on wall street to help us build/save/grow our wealth for the future. The more you think about it the more insane it really is. In my eyes I do not see any difference between being in the market or going out and buying a bunch of lottery tickets, you may hit it big but more than not you come up short or just barely break even. It is depressing.
So why do most financial advisers, brokers and those on wall street strictly push tying your funds into the market? Same reason Las Vegas has bright lights, free drinks and a host of other comps; To keep you coming back for more and at the end of the day they are the true winners, not you.
We need to stop playing russian roulette with our investments. There are other places to invest aside from the flashing lights and rigged games that is wall steet. Precious metals aka Gold, Silver and Platinum have been considered valuable throughout man's known history and has never been worth zero. We are all aware that many forms of currencies have come and gone, markets crash and 401K's disappear but alas, gold and silver have always been there for us, a pillar of stability, like a light in a dark tunnel, helping guide us through times of financial uncertainty. Let's stop playing silly carnival games and invest in stability.
-Blogging4Bullion
So why do most financial advisers, brokers and those on wall street strictly push tying your funds into the market? Same reason Las Vegas has bright lights, free drinks and a host of other comps; To keep you coming back for more and at the end of the day they are the true winners, not you.
We need to stop playing russian roulette with our investments. There are other places to invest aside from the flashing lights and rigged games that is wall steet. Precious metals aka Gold, Silver and Platinum have been considered valuable throughout man's known history and has never been worth zero. We are all aware that many forms of currencies have come and gone, markets crash and 401K's disappear but alas, gold and silver have always been there for us, a pillar of stability, like a light in a dark tunnel, helping guide us through times of financial uncertainty. Let's stop playing silly carnival games and invest in stability.
-Blogging4Bullion
Thursday, May 17, 2012
Pullback In the Precious Metals Market..
Nonsense! I feel the need to post this reminder every so often when everyone starts to panic when gold and silver start losing some steam.
Yes, due to market conditions more and more investors are flocking to
cash and moving away from commodities. Especially when we have the euro crisis, JP Morgan loosing billions, middle east turmoils as well as a other factors happening in the world today. Concern or panic is not
needed. Downturns are good for the average
precious metals investor and here is why:
1. When the value of precious metals start dipping... not only does this allow you the seasoned investor to buy gold/silver at a discount, it also allows the everyday "joe" to get into the game as well. Start padding your investments boys and girls.
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 otherwise as the value of precious metals has increased year after year.
3. Gold falling will not last for long, global economic conditions are extremely turbulent and appear to behave like a roller coaster on not just a day by day basis but now it seems more like minute by minute.
Keep on Stacking!
-Blogging4Bullion
1. When the value of precious metals start dipping... not only does this allow you the seasoned investor to buy gold/silver at a discount, it also allows the everyday "joe" to get into the game as well. Start padding your investments boys and girls.
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 otherwise as the value of precious metals has increased year after year.
3. Gold falling will not last for long, global economic conditions are extremely turbulent and appear to behave like a roller coaster on not just a day by day basis but now it seems more like minute by minute.
Keep on Stacking!
-Blogging4Bullion
Friday, February 24, 2012
Friday, January 6, 2012
Thursday, December 29, 2011
Thursday, November 17, 2011
Wednesday, November 16, 2011
Thursday, November 3, 2011
What Does a $50 million Gold Coin Look Like?
Yep that is it pictured above. Made by the Royal Canadian Mint with a a kangaroo on one side and the Queen's profile on the opposite side. The coin is more than 10X the size of the world's previous largest gold coin. The coin in question is in the shape of a giant disk and weighs in at more than one ton. Currently it is valued at roughly more than $50 million.The Perth Mint created this coin to comemorate Queen Elizabeth's visit to the city. According to the Perth Mint CEO Ed Harbuz, creating it was "an incredible challenge" and took more than a dozen people to complete.
For
those of you that store precious metals at home, just imagine trying
to find a safe to store this monstrosity in. Let alone dealing with
trying to transport this ton of beauty to a secure location. Oh the
possibilities of owning 1 ton plus worth of gold.
-Blogging4Bullion
Tuesday, September 27, 2011
Gold & Silver Crashing?
Here we are again! gold and silver start losing some steam and now everyone is screaming "The bubble is bursting, get out while you can." Yes, due to market conditions more and more investors are flocking to cash and moving away from commodities. Concern or panic is not
needed and let me explain why downturns are good for the average precious metals investor:
1. When the value of precious metals start dipping... not only does this allow you to buy gold/silver at a discount, it also allows not only yourself to purchase additional reserves of precious metals it allows for others to get into the game as well.
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 otherwise as the value of precious metals has increased year after year.
3. Gold falling will not last for long, global economic conditions are extremely turbulent and appear to behave like a roller coaster on a day by day basis.
-Blogging4Bullion
1. When the value of precious metals start dipping... not only does this allow you to buy gold/silver at a discount, it also allows not only yourself to purchase additional reserves of precious metals it allows for others to get into the game as well.
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 otherwise as the value of precious metals has increased year after year.
3. Gold falling will not last for long, global economic conditions are extremely turbulent and appear to behave like a roller coaster on a day by day basis.
-Blogging4Bullion
Subscribe to:
Posts (Atom)