How To Sell My Gold Online At Best Price
March 23, 2011 by admin
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How To Sell My Gold Online At Best Price
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Home Page > Finance > How To Sell My Gold Online At Best Price
How To Sell My Gold Online At Best Price
Posted: Mar 03, 2010 |Comments: 0
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With the economy being the longest recession on record, many people are trying to find ways to bring in extra money just to maintain a comfortable lifestyle. While the cost of living increases and our gross national product declines, most goods do not gain a profit, except for gold. In fact, the value of gold is the highest it has been in many years.
To increase your cash flow you can get rid of broken gold jewellery and sell it for scrap gold. If you spend a day around the house you will be surprised what items you can find to sell. My gold I found in an old dresser while cleaning out the attic. Many of the pieces I discovered were unwanted and very easy for me to sell. My gold I found in broken jewelry such as tangled chains and broaches.
When it came time to sell my gold I decided to market it online directly to gold buyers for the best revenue. I found that oftentimes businesses such as jewellery stores and pawn shops would resell my gold to refineries and I would lose most of my profit. Yet finding a company online that is reliable and trustworthy is a challenge. As well, in order to sell my gold and receive the going rate I had to do extensive research. After days of study and examination I found that Money4Gold is the best company in the industry.
One of the biggest reasons why I sold my gold to Money4Gold is because of their credibility and guarantees. The company has been in business for a long time and they are an excellent licensed company for which to sell. My gold is precious to me and getting the best value is important.
Since it was the first time that I sold my gold online, I had many questions. I found that in the past when it came to doing business online, many companies did not have a contact number. Money4Gold not only had a representative when I called, they were very though in answering my questions and meeting my concerns to help me sell my gold.
An important concern is the type of shipping and handling. Some companies do not offer free shipping and after paying the cost it is not worth it to sell my gold. With Money4Gold the shipping is free and most importantly, the mail is insured. Even more reassuring is the guaranteed confirmation from Money4Gold stating that they received and sold my gold.
An important quality that Money4Gold has is their return policy. When I sell my gold, if I am not satisfied with the amount I receive then a return payment policy is available. If I decide to return the items I have to sell, my gold and the return cheque is sent back to me in a reasonable amount of time.
Money4Gold gives guaranteed satisfaction for scrap gold at today’s going price. Not only do I now have extra money for luxuries, I am inspired to search the neighborhood for unwanted jewellery to sell my gold.
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Harry Smith -
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Harry Smith provides useful industry insights on selling gold, silver jewellery and other relevant informations about this industry. His infromational articles help many customers to make money through broken gold, gold refiners, raw gold selling and to earn money for gold. For more information on how to sell my gold online; please visit http://www.money4gold.co.uk.
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Harry Smith provides useful industry insights on selling gold, silver jewellery and other relevant informations about this industry. His infromational articles help many customers to make money through broken gold, gold refiners, raw gold selling and to earn money for gold. For more information on how to sell my gold online; please visit http://www.money4gold.co.uk.
Why the Gold Price Made People Millions During the Great Depression
March 12, 2011 by admin
Filed under Gold Deals
Why the Gold Price Made People Millions During the Great Depression
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Home Page > Finance > Investing > Why the Gold Price Made People Millions During the Great Depression
Why the Gold Price Made People Millions During the Great Depression
Posted: Aug 06, 2009 |Comments: 1
| Views: 658 |
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Starting in 1929, the world would witness one of the greatest economic downturns ever recorded. Originating in the United States, the Great Depression began in late October with an unprecedented stock market crash. How could a twentieth century economy nearly collapse? The Great Depression provides an example of falling markets and widespread poverty. However, one significant outlier existed in the market at the time: gold price. Exemplified through a brief analysis of Homestake Mining, gold industry stocks experienced extraordinary gains in share price and dividend payouts.
During the 1920s, the United States experienced a remarkably bullish equity market. However, gold stocks, in general, were not participants; instead, they underwent a downward trend. Gold companies had been afflicted by a bearish market since the late 1880s. This would all change with the onset of the Great Depression. Gold price stocks would prove to thrive during this global economic slowdown. Our central illustration will focus on the Homestake Mining Company, one of the world’s largest gold producers in the early twentieth century.
Homestake’s main operation was in the heartland of the United States, mining gold from the hills of South Dakota. Most gold sector historians agree that Homestake serves as a fair representation for the entire gold mining industry at the time. One must note that the U.S. government passed the Gold Standard Act in 1900 which placed the entire country on the gold standard, creating a fixed exchange rate with all other countries whose currencies were fixed to the gold price. With a fixed gold price, gold stocks fluctuated around production levels, growth rates, cash costs, and net asset value. Changes in the gold price were unable to affect the stock price when the country entered the Great Depression.
Homestake stock sold for about $65 per share in 1929. By 1933, the average stock price for Homestake was around $370. This represents a gain of more than 450% over the course of four years. The Dow Jones Industrial Average fell 89% over the three years between its 1929 peak to its 1932 bottom. Not only did stock prices increase for Homestake, but dividends also skyrocketed. In 1929, Homestake paid dividends of about $7 per share. By 1935, dividends had increased to $56, a staggering rate of 800% over six years. During these deflationary times, gold stocks not only retained their values but provided significant returns for investors.
Deflation, the underlying crisis during the Great Depression, results in heightened gold stock prices. The reason why is that deflation diluted the value of the U.S. dollar while the price of gold was fixed by the government. While some would argue that this fixed gold price ensured the rise for gold stock prices, this fallacy is simple to debunk by examining the positive effects on gold stocks after the removal of the gold standard in 1971. Even though the gold price was no longer fixed, gold stocks performed normally. Interestingly, Congress passed the Gold Reserve Act of 1934 and gave the government permanent title to all gold assets. Most importantly, it increased the gold price to $35 and further devalued the dollar. This certainly contributed to the spike in Homestake’s share price from 1934 to 1935.
Looking forward, gold stocks are very promising under the current market as deflation is likely. Should deflation enter the 2009 economic crisis, gold stocks will be set to perform at record highs. Gold prices would cross the $1000 barrier and further elevate gold company shares. The magnitude could be far greater than what was witnessed during the Great Depression when Homestake had annualized gains of more than 100%. Gold will no longer be seen as a placeholder for value, but as an investment for an uncertain future.
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The author is an experienced analyst in the gold metals and mining industry. All of the content is meant to inform the reader to make more educated trades.
Resource: Gold Price site
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What did people wear during the great depression?
What are the causes and effects of the great depression ?
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Article Tags:
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Analyst Report coming on VHGI Gold (OTCBB VHGI)
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The author is an experienced analyst in the gold metals and mining industry. All of the content is meant to inform the reader to make more educated trades.
Resource: Gold Price site
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February 8, 2011 by admin
Filed under Gold Deals
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Home Page > Shopping > Jewelry > How to Get the Best Price for Your Gold
How to Get the Best Price for Your Gold
Posted: Dec 01, 2010 |Comments: 0
|
Gold is a valuable commodity and over the years the price of this precious metal has been steadily rising. There are now many companies out there that specialize in buying and selling scrap gold and this is a profitable industry that is currently experiencing a boom. However although there are many reputable scrap gold dealers around there are also a number of dishonest people in the industry whose only aim is to make money at the expense of the customers. This means that if you want to sell your scrap gold then you will need to make sure you understand how to get the best for your money.
Step 1: Type of Gold
The first step is to find out exactly what type of gold you have. This means checking for hallmarks and any other distinguishing features. The hallmarks will tell you how pure the gold is such as 9ct, 18ct, etc and this will affect the total worth of the gold. If you are unsure then take the gold to a reputable jewellers who will be able to help you identify exactly what it is. The gold may be solid, plated or even fake (costume jewellery made to look like gold) and so it does help to get a professional opinion. The jeweller will also be able to help you value any precious stones you may have set into gold jewellery which will affect how much the piece may be worth.
Step 2: Weigh the gold
Remove any stones and other fixings from the jewellery or gold item and then weight it using accurate electronic scales. Gold is valued by weight so you need to know the exact weight before you sell.
Step 3: Gold Prices
Next you need to understand exactly what gold is worth in its base state on the market. This is known as the spot price and you can find out the latest prices from looking at the market indexes. You can find these quickly online through websites like Kitco.com. This will tell you the value of gold next to the main world currencies to give you a good idea of how much your gold would be worth. The market changes every day so make sure you are up to date when it comes time to sell your gold.
Step 4: Shop Around
There are many ways to sell scrap gold. Pawnbrokers, auction houses, jewellers and dedicated scrap gold merchants will all buy scrap gold but you do need to shop around to make sure you are getting the best prices. If you are thinking of selling to an online scrap merchant then make sure you read all the small print and check the company’s reputation before you sell. You will need to post your scrap gold to an online merchant in order for you to get a valuation. It is a good idea to get a jeweller to value the items before you send them and provide you with some documents. Also take plenty of photos of the gold so that if it is returned you will know you have got back exactly what you sent. Make sure you send the gold through recorded delivery service with postage insurance just in case it does get lost during delivery.
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Gareth Hoyle -
About the Author:
Scrap gold can be worth a fair price but you will need to do your research first and make sure you know exactly what you are doing. A good way to get the best for your money is to sell gold online . This is where many of the best prices are being offered but you do need to make sure you check out the company first and make sure they are genuine.
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cash 4 my gold, cash to gold, sell my gold for cash, get cash for gold, cash of gold, cash or gold, buy gold for cash
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Scrap gold can be worth a fair price but you will need to do your research first and make sure you know exactly what you are doing. A good way to get the best for your money is to sell gold online . This is where many of the best prices are being offered but you do need to make sure you check out the company first and make sure they are genuine.
Frequent Highs In Current Gold Price
February 3, 2011 by admin
Filed under Gold Deals
Frequent Highs In Current Gold Price
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Home Page > Finance > Investing > Frequent Highs In Current Gold Price
Frequent Highs In Current Gold Price
Posted: Dec 25, 2010 |Comments: 0
|
Gold price basically varies according to the demand of gold in the market; more the demand higher will be gold prices. So gold prices follow the demand and supply rule.
Gold price is clear and straight forward indication of the economic state of the country, as today’s economy is unstable people need to conserve their wealth as an investment, and for that purpose gold is considered to be the best and safe store investment.
People can get news related to gold prices from the internet, as there are loads of websites providing information regarding the current gold prices, other that informing you about the gold price you can get lot of more information on these websites like, previous gold prices and current gold price.
Appearance of gold and its softness are the two major features in comprising gold price, as only gold is that metal acquiring these wonderful features, daily new highs in gold prices are obtained, and the current gold price is not stable, it keeps on hanging and most probably increasing everyday.
Gold price is serving as the source of money- making to the people because of many reasons like, gold is the metal which is considered to be the symbol of power and wealth. It is not about this century but, since past gold is famous wealth treasure, as many kings fought wars in order to acquire gold.
In order to find the gold prices online, first make sure that website you are going to refer should be well known for providing the latest and updated information to the people. It is best to make investment in the gold as this will keep you safe no matter how bad is the country’s situation is.
Gold price will keep on changing everyday, you just have to keep a check and make yourself aware of the current gold price in the market. Gold prices generally high during the wedding season in India, gold is considered as an asset for women and people gift gold jewelry to their daughters so that they can make their life in in-laws secure and protected, but gold price become a hinder for them.
Because of the high gold prices people are not capable of buying new gold jewelry and they are just renewing old gold jewelry into new designs so as to wear latest trend of jewelry in the wedding and functions.
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Home Page > Shopping > Jewelry > Take Opportunity of the Best Gold Price
Take Opportunity of the Best Gold Price
Posted: Jan 17, 2011 |Comments: 0
|
In the time and age where money is becoming scarce and the effects of the financial crisis can be felt in almost any place worldwide, it is only justifiable and feasible to have gold as a great way to invest money. With gold being popular everywhere, you can see the interest of jewellery shops in even offering you to sell gold jewellery when they are broken and can no longer be restored. The value of this ever-envied metal is getting higher in value as the years go by. In fact, seeing the value of cash for gold can make you overwhelmed of how much value a ring or a necklace can be in the gold market.
Gold has been one of the best metals that have always appreciated its price year after year. In fact, it is one of the best investments that can be kept especially if you are considering keeping it now and having it sold when you get older. Be sure that you have a kind of gold that can be convincing to sell to buyers since not all gold are not that interesting to look at. You can sell broken gold jewellery or sell scrap gold for you to be able to have more resource in spending money to buy better gold for future use.
No matter what kind of materials have been made with the gold that you are selling, it cannot be denied that gold will always stay the same even when ending up as a broken accessory. When you think about it, even if you sell old gold, the prices are still high this season. In fact, gold will sell higher these days due to the gradual effects of fluctuation that can be felt in many places of the world. Financial crisis even contribute to the growth of the best gold price in this time and age.
If you are ever interested in selling your gold so that you can have more money and later use it for better investment, there are companies now that offer ways and means where being able to do this can be of great convenience for you. You can choose to go for postal gold, which can be trusted due to high insurance rates, or you may opt to attend in gold parties where dozens of people enjoy the lights and sounds, along with some merry making while processing transactions for gold selling in a less dense fashion.
Whatever your preferences may be or whatever financial circumstance you are in, there is no better time to sell gold than today. Knowing that there have been many companies that seek to exchange gold for money can give you something extra for your expenses or emergency funds. Jewelry may be a good investment to make yourself look good and pretty, but when it is broken, the value is decreased big time. So why settle to have it rot in your box, when you can have its original value realized with Top Dog giving you cash for your gold.
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Ben Stitt is the author of this article on Sell Scrap Gold. Find more information on Gold Parties here.
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sell scrap gold, sell gold, postal gold, gold parties, sell old gold, sell gold jewellery, sell broken gold jewellery, best gold price, cash for gold
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Ben Stitt is the author of this article on Sell Scrap Gold. Find more information on Gold Parties here.
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