Archive

Posts Tagged ‘gold’

How to Sell Gold for Profit

March 14th, 2018 Comments off

This is the worst recession for over 60 years and as we have all had to cut corners, tighten our belts and look for ways to save cash, many people have been taking a good, hard look at where they can make extra money. Many of us have old jewelry which is simply wasting away in a drawer or a box somewhere – it is unlikely to be ever used again and it is in every sense of the word, dead weight.

The best online resource to sell gold or sell silver can be found at www.refinity.com

Golden Opportunities For Small Companies – Gold Investment.

August 10th, 2017 Comments off

The price of gold, in the past few months has definitely taken the world by surprise; gold is now priced at $1000 per ounce, if not more. Such a stupendous increase in the price of gold is due to varied contributing factors of which the demand of gold in certain countries like India, Pakistan, China and Bangladesh is a primary factor. Gold is widely used in all these countries as an investment vehicle and also as a metal for enhancing beauty in the form of jewelries and ornaments. In both ways, the demand for gold in thee counties is unlikely to decline and people will always end up making profits when they buy gold at low prices and sell gold at high prices.

The price of oil and gold seems to be ever rising these days. So much so that the price of oil is nearly 100$ now and is expected to even touch the 150$ mark by some experienced economist. This economic crisis is as a whole prevalent in the world market and has led to a shocking dip in the price of the dollar, and its expected to decrease even more in the near future.

The Golden Opportunities.

Because of the recent volatility in the market and the energy crisis and inflation, gold will additionally be hedge.

Along with other precious metals like platinum, silver, the price of gold is also expected to rise to a great extent. This will in turn lead to a high demand.

As all these probable factors are likely to remain the same without any respite, the value of gold will increase continuously. Therefore, gold investments made as stocks will always be profited. Investment in undervalued gold stocks can fetch better returns.

As the price of gold has risen dramatically in the recent past, some modifications will definitely be made. If gold costs about $900 per oz. it would open up doors for more investors to enter the gold market and trade gold. However, if you buy gold jewelry for investment, that wouldnt be sensible; rather invest in gold bullions. You can also buy gold through ETFs and mutual funds. There are many instruments for gold investment today and investors are now being offered wider choices.

The US economy will defiantly rise up and so would the value of US dollar, but that will not make much of a difference to the value of dollar. Therefore, you must make moderate investments, be it in gold or other assets. There are many small companies who have gold projects that are on the verge of completion. These projects also offer great investment opportunities. Nevertheless, every investment demands proper research.

Gold Investment For Prudent Investors – Why Is It the Wisest Option?

July 2nd, 2017 Comments off

When small companies create an investment portfolio, it is quite degrading to see that they dont invest in gold, and we have too many persuasive reasons for stressing on gold as an effective investment vehicle.

Gold bullion investments are now considered to be sensible today more than ever. Countries like India have this wide practice of investing in gold through ornaments, which indeed is a wealthy practice.

However, it is better to invest in gold bars and coins than ornaments, albeit every form of gold investment is known to be the safe and prudent option. The power of gold as an investment has been backed up by various reason especially for the small companies and business plans. There are many inherent advantages of gold investment for small companies, such as:

– Gold poses to be Main Currency: Thats true! The different paper currencies of different nations ranging from dollars to pounds and euros are all backed up by gold. Gold actually determines how much paper currencies can be printed by different countries, as the value of these paper currencies like dollars and others lie in the real gold, which acts as security. So, gold acts as the primary currency of our world and has an unquestionable value unlike the paper currencies. It does have an intrinsic value for the holders of real or physical gold.

– Gold is the Most Liquid of All Assets: Gold is the one and the only liquid asset of the world. Small companies investing in gold can easily convert it into currencies at any given point of time. Under any economic distress, gold can be easily cashed when you sell gold since it has great liquidity. The liquidity of gold makes it a compelling tool for investment.

– Gold Provides Hedge against Inflation: Gold is the best class of asset that provides edge against inflation. It is equally effective for small company investment and for personal investment policies. You can buy gold anytime also.

– Gold Broadens Horizons: Broader horizons are provided by gold investments. Gold is the most advantageous and diversified asset to be included in an investors portfolio. It protects the portfolio against the inflationary conditions and prevents the same from loosing its intrinsic value.

Gold investment is undoubtedly the most prudent one for small companies. At least 5-10% should be invested in gold for better returns.

About the Author:

How To Capitalize On Gold Price Trends

December 10th, 2013 Comments off

Even though the first evidence of gold dates back 1000’s of years ago, it’s still respected today. Additionally, gold’s qualities make it absolutely precious. Below are just a number of the recognised attributes of this sheet metal that have contributed to gold price getting high even lately:

1.Gold is extremely heavy. One cubic foot of gold weighs in excess of half a ton.

2.When compared with various other metals, pure gold’s luster does not tarnish and corrode; it appears shiny and new all the time.

3.A single ounce of gold may be hammered into very lean sheets. If one thousand of these sheets are piled on top of each other, it will only be as thick as a page of magazine. One ounce of gold can be hammered to about 5 millionths of an inch thick, measuring about 100 square feet.

4.Gold is wonderful to look at- it’s as fundamental as that.

The price of gold shows no signs of going down, even after all this time because of the aforesaid properties and also due to the extremely high demand for it. However, in the event that you want to go into the business of dealing gold, one thing that you need to be most in tune with can be today’s gold prices.

There is so much that you need to know about scrap gold, gold bullion, gold coins, as well as gold generally speaking. Therefore for you to enter this business, here are some things that you might like to know:

* Always be updated with the true price of gold. You may easily get these from newspapers, television as well as the Net. A business person should know his product perfectly therefore you ought to have all of the required tools and information to operate this sort of business.

* Standard bullion coins differ in values but hard to find collectible coins can be sold or purchased for a lot more. Numismatic or collectibles are tempting to sell but it’s not prudent for novices to take this on, right away.

* Make certain to provide a good storage area for your precious metal. It will always be smarter to keep your gold inside a safety deposit box but if you want to keep it in a home safe, it is ok too, but ensure that you have it certified by a professional gold dealer.

* Before you complete any kind of transaction, make sure that you have shopped around first. Do not make your decisions in haste because there are a lot of buyers and sellers on the market and some can give better deals for their clients. Your goal is to be able to make deals with these kinds of businesses.

* Be patient. Try to sell your gold when it is at its highest value so you can get more money from it. Ditto goes with purchasing. Be sure to buy when it is lowest priced. In no way be in a hurry to purchase or sell. Study the market first.

If you have been hit hard by the financial crisis, you should learn about gold futures trading to make some extra cash. My site has a number of tips on gold tradinghttp://www.thegoldeconomy.com

The Value Of Gold Reaches Record High

May 21st, 2012 Comments off

Gold is real money, real wealth. No other form of currency has endured the test of time as it has. Its resiliency goes back thousands of years, and its position as an uncomparable storehouse of wealth should go on for another 5,000.

Currencies all over the world, every single year, go down and down in value, and that’s why every single year prices of goods and services go up. The money in your pocket or in your bank is effectively worth less and less each year. Your money is now buying way less than what it would have bought you 100 years ago, whereas an amount of gold bought a 100 years ago would now buy you way more.

Those who have been wise enough to already invest in gold have been making huge profits. At the moment, an ounce of Gold costs a record $1150; compare that to the $34 an ounce it cost in’70, and it’s not difficult to see why it is such a good investment. There’s no need to think that you’ve already missed out on the opportunity though, and that it has already peaked in value, as the last year alone has seen a 30% increase in the value of gold, and big investment firms are predicting that the $2000 ounce is not so far away.

The best way to invest in gold is to buy actual physical gold you can see touch and smell, which is why everybody lately has been investing in gold coins. Buying gold bars is another option, but this is beyond a lot of people due to the huge upfront cost needed. With gold coins though, they come in smaller, more affordable options, meaning that they are accessible to even small or first time investors. You can also divide up your investment and sell any amount off while leaving the balance untouched.

So, where is the best place to purchase gold coins? You can buy them from either a local gold coin store or from an online coin store. Whichever you opt for, be sure to only go with a reputable seller, ideally one that has reviews and testimonials that you can actually check up on. You don’t need a great deal of money to start with, and with just a few hundred dollars you can start amassing your future fortune.

I’ll leave you with this final point: A report performed by Collector’s Universe showed that one thousand dollars invested in rare gold coins in’70 is now worth $57,977.00. Sounds good, right?

For more information on the best places to buy gold coins visit http://www.gold-coins.com.au, where you can also see the latest gold price.