Archive for December, 2007
December 25th, 2007 | 
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Mining gold yourself:
Unless you are really strapped for time, most people will recommend you buy a strategy guide and mine gold yourself. There are a number of good guides available that claim to teach you how to make up to 200 gold an hour, and this is in fact possible if you know what you are doing. Good guides will cost money, but can easily repay themselves if you follow what they say.
There are a number of gold mining guides around that go for over 100 pages that detail all kinds of strategies. When you buy a guide like this, make sure the person selling the guide is an experienced player, and check what other people have to say about it. There are many guides that simply give the same information you find in free articles, so you need to know what you are getting in for. However, better quality guides will often tell you insider secrets that you won’t find anywhere else, and can give you a huge advantage over other players.
Buying gold:
The second option – buy wow gold – is possible if you don’t have much time and just want to play at the later levels. Since World of Warcraft first came out over 3 years ago in November 2004, gold prices have dropped dramatically due to the abundance of so called Chinese “gold farmers”, who may play the game for 12 hours (or more) mining gold and selling it for real world money to other players. Depending on the server, you can buy 1000 in game gold for only about $5-15 if you know where to look.
Because gold prices have come down so much, buying it is a good option if you don’t like having to spend hours and hours trying to level up a low character. There are also power leveling services and characters available for sale, allowing you to instantly get your dream character for just a onetime low cost. Again, the large number of sellers available means that the prices are often very reasonable and competitive.
One thing you have to watch out for in buying gold is having your account banned. Blizzard (the company who make’s World of Warcraft) is explicitly against this type of behavior going on, and there have been a number of gold farmer accounts that have been banned. Therefore, it is important to check that the company you are buying gold from is legitimate and reputable.
By: platophoon
About the Author:
Unless you are really strapped for time, most people will recommend you buy a strategy guide and mine gold yourself. There are a number of good guides available that claim to teach you how to make up to 200 gold an hour, and this is in fact possible if you know what you are doing. Good guides will cost money, but can easily repay themselves if you follow what they say.
There are a number of gold mining guides around that go for over 100 pages that detail all kinds of strategies. When you buy a guide like this, make sure the person selling the guide is an experienced player, and check what other people have to say about it. There are many guides that simply give the same information you find in free articles, so you need to know what you are getting in for. However, better quality guides will often tell you insider secrets that you won’t find anywhere else, and can give you a huge advantage over other players.
Buying gold:
The second option – buy wow gold – is possible if you don’t have much time and just want to play at the later levels. Since World of Warcraft first came out over 3 years ago in November 2004, gold prices have dropped dramatically due to the abundance of so called Chinese “gold farmers”, who may play the game for 12 hours (or more) mining gold and selling it for real world money to other players. Depending on the server, you can buy 1000 in game gold for only about $5-15 if you know where to look.
Because gold prices have come down so much, buying it is a good option if you don’t like having to spend hours and hours trying to level up a low character. There are also power leveling services and characters available for sale, allowing you to instantly get your dream character for just a onetime low cost. Again, the large number of sellers available means that the prices are often very reasonable and competitive.
One thing you have to watch out for in buying gold is having your account banned. Blizzard (the company who make’s World of Warcraft) is explicitly against this type of behavior going on, and there have been a number of gold farmer accounts that have been banned. Therefore, it is important to check that the company you are buying gold from is legitimate and reputable.
By: platophoon
About the Author:
a fan of world of warcraft
Daina Dyckman
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Cool Yogi asked:
Is it better to buy bullion bars or gold coins? Can I buy from a reputable bank or the government instead of from a private dealer?
Kareem Mosqueda
Is it better to buy bullion bars or gold coins? Can I buy from a reputable bank or the government instead of from a private dealer?
Kareem Mosqueda
rcngovndux19 asked:
Wow Buy Gold Gameplay Wow Buy Gld Teaser Wow Buy Gld Trailer Wow Buy Gold Vide Wow Buy Gold Gold Wow Buy Gold Farming Wow By Gold Levelling Wow Buy Gold …
Scott Emperor
For those of you who are thinking about selling gold jewelry, it is crucial that you understand fully how to determine the price for gold jewelry. Not only this can help you to tell a good deal from a bad one, it also helps to analyze your competitors and understand the market better before you make any investment.
Gold price
The most important part of wholesale gold jewelry trading is to understand the breakdown of the cost of a piece of gold jewelry. Let‘s say the current good price is $500 per ounce. To calculate the cost of gold for a piece of 14 karat gold jewelry that weighs 3 gram without any stones, we first divide the price per ounce by 31.5, to get the price per gram, which is $15.87. This is the price of pure gold. To convert this to 14K gold, knowing that there are 24 karats in pure gold, we divide $15.87 by 24 and multiply the result by 14. The price per gram for 14k gold is roughly $9.26. Therefore, the total cost of the gold for a 3 gram ring would be $27.78.
Labor Cost
Another major part of the cost for a piece of gold jewelry is the cost for labor, especially for pieces set with precious stones. Gold jewelry generally requires some filing and polishing after it is cast out of the mold. The labor cost can sometime be as high as $2 per gram, depending on the origin of the jewelry and the style. In addition, the cost of setting any stones on a gold jewelry can be over one dollar per stone. Certain advanced setting such as channel set and invisible set cost even more because of the high level of craftsmanship required.
Markup of Competitors
A good way to analyze if a certain style of gold jewelry is profitable and beneficial for a business is to understand your competitors’ prices. Since you already know how to calculate roughly the cost of a piece of jewelry, and therefore the price that you can get it, buy looking at the markups of your competitors, you may get an idea of how severe the competition is. For instance, if the competitors are marking up the jewelry three times of the cost, the competitiveness of that style is not really that high. On the other, if everyone has the same pricing and the markup is 50% above the cost, the style might have already saturated the market.
Volume trading
Another angle of looking at the pricing issue is that when the competitors are marking up at a low margin, the item is probably accepted by a lot of consumers. The justification behind it is that when the profit per piece is low, and people are trading them actively, there probably is a high demand for it. On short, the higher the profit margin, the low the volume of sales and the low the profit margin, the higher could be the volume of sales. Another point that is worth noting is that the volume theory also applies to jewelry vendors. If you buy in large quantity, pricing should go down automatically. Therefore, running a successfully business involves getting the balance between all the factors within the resources and infrastructure you have such as employees and capital.
Closeout Jewelry
Since jewelry business is highly time-sensitive, styles that were once popular several months ago may not sell at all couple months later. Therefore, when buying gold jewelry wholesale, you should estimate the monthly sales and stock according to the sale volume. For example, you may want to stock a certain style for two months worth of stock and restock it when it runs out in order to minimize the closeout items in the inventory, which is sometimes referred to as inventory shrinkage.
By understanding the market and your competitors before buy wholesale gold jewelry, you can reduce the mistakes during your entrepreneurial endeavor, thus increase the chance of succeeding tremendously.
By: Ken22
About the Author:
Gold price
The most important part of wholesale gold jewelry trading is to understand the breakdown of the cost of a piece of gold jewelry. Let‘s say the current good price is $500 per ounce. To calculate the cost of gold for a piece of 14 karat gold jewelry that weighs 3 gram without any stones, we first divide the price per ounce by 31.5, to get the price per gram, which is $15.87. This is the price of pure gold. To convert this to 14K gold, knowing that there are 24 karats in pure gold, we divide $15.87 by 24 and multiply the result by 14. The price per gram for 14k gold is roughly $9.26. Therefore, the total cost of the gold for a 3 gram ring would be $27.78.
Labor Cost
Another major part of the cost for a piece of gold jewelry is the cost for labor, especially for pieces set with precious stones. Gold jewelry generally requires some filing and polishing after it is cast out of the mold. The labor cost can sometime be as high as $2 per gram, depending on the origin of the jewelry and the style. In addition, the cost of setting any stones on a gold jewelry can be over one dollar per stone. Certain advanced setting such as channel set and invisible set cost even more because of the high level of craftsmanship required.
Markup of Competitors
A good way to analyze if a certain style of gold jewelry is profitable and beneficial for a business is to understand your competitors’ prices. Since you already know how to calculate roughly the cost of a piece of jewelry, and therefore the price that you can get it, buy looking at the markups of your competitors, you may get an idea of how severe the competition is. For instance, if the competitors are marking up the jewelry three times of the cost, the competitiveness of that style is not really that high. On the other, if everyone has the same pricing and the markup is 50% above the cost, the style might have already saturated the market.
Volume trading
Another angle of looking at the pricing issue is that when the competitors are marking up at a low margin, the item is probably accepted by a lot of consumers. The justification behind it is that when the profit per piece is low, and people are trading them actively, there probably is a high demand for it. On short, the higher the profit margin, the low the volume of sales and the low the profit margin, the higher could be the volume of sales. Another point that is worth noting is that the volume theory also applies to jewelry vendors. If you buy in large quantity, pricing should go down automatically. Therefore, running a successfully business involves getting the balance between all the factors within the resources and infrastructure you have such as employees and capital.
Closeout Jewelry
Since jewelry business is highly time-sensitive, styles that were once popular several months ago may not sell at all couple months later. Therefore, when buying gold jewelry wholesale, you should estimate the monthly sales and stock according to the sale volume. For example, you may want to stock a certain style for two months worth of stock and restock it when it runs out in order to minimize the closeout items in the inventory, which is sometimes referred to as inventory shrinkage.
By understanding the market and your competitors before buy wholesale gold jewelry, you can reduce the mistakes during your entrepreneurial endeavor, thus increase the chance of succeeding tremendously.
By: Ken22
About the Author:
Scott Murff got his MBA from MIT business school and currently is the marketing manager in 14K gold earrings that specializes in wholesale gold jewelry including gold and cubic zirconia body jewelry.
Elroy Strople
Are you looking to buy jewelry made from gold? From karats to online and offline stores, how do you choose the right jewelry made from gold to buy? As you read every word of this article, you will find some great tips to buying gold jewelry.
There are many places that you can go to, to buy jewelry made from gold, and though many are safe, and sell gold jewelry that is what it says it is, it is best to be safe. When buying gold in northern America, look for jewelry retailers that have the logo of Jewelers of America. Outside northern America there will often be an association that has a set of standards for the members. It is a good choice to make sure they have that membership, as it shows in most cases that you are getting what you actually wanted.
When buying gold, you may have heard the word – karats. A Karat, is a way of measuring the pureness of gold jewelry. Because the metal is soft in its pure form and unsuitable for wearing it is often added with other metals to make it stronger. As an example 24 karat gold is pure gold and is very soft. In this state is easily malleable and would likely bend and change shape every time you try to wear it.
24 karat gold is often used for other purposes, such as making CD layers or in computer processors. 18K jewelry is the next level down and is 75% pure, then 12K gold which is half gold and half is other metals. Another karat you may find is 10 karats which is actually only 41.7% pure gold. As you get to the lower percentages the more stronger the jewelry made from gold, but also the less real gold contained within the jewelry. It will be something to consider which type you want to purchase.
Anything below 10 karats is not really classed as gold jewelry, so much so that in the US, it is against the law to label an item as being gold, if it contains less than 10 karats. Even though many are safe, and sell gold jewelry that is what it says it is, it is best to be safe and buy from jewelry retailers with a membership to a jewelry association. This applies online, and the sites will often display such logo’s and hallmark information.
All jewelry made from gold will come with a karat mark. If you find jewelry without this mark either online or offline it is best to take it back, as it could end up being an item with no gold in it or one which has less than 10 karats. When you look to buy gold jewelry, you will also see a mark of the jewelry manufacturer. This information is good to know. As jewelry with a known mark is going to be more likely to be a genuine product.
By: Koz Huseyin
About the Author:
There are many places that you can go to, to buy jewelry made from gold, and though many are safe, and sell gold jewelry that is what it says it is, it is best to be safe. When buying gold in northern America, look for jewelry retailers that have the logo of Jewelers of America. Outside northern America there will often be an association that has a set of standards for the members. It is a good choice to make sure they have that membership, as it shows in most cases that you are getting what you actually wanted.
When buying gold, you may have heard the word – karats. A Karat, is a way of measuring the pureness of gold jewelry. Because the metal is soft in its pure form and unsuitable for wearing it is often added with other metals to make it stronger. As an example 24 karat gold is pure gold and is very soft. In this state is easily malleable and would likely bend and change shape every time you try to wear it.
24 karat gold is often used for other purposes, such as making CD layers or in computer processors. 18K jewelry is the next level down and is 75% pure, then 12K gold which is half gold and half is other metals. Another karat you may find is 10 karats which is actually only 41.7% pure gold. As you get to the lower percentages the more stronger the jewelry made from gold, but also the less real gold contained within the jewelry. It will be something to consider which type you want to purchase.
Anything below 10 karats is not really classed as gold jewelry, so much so that in the US, it is against the law to label an item as being gold, if it contains less than 10 karats. Even though many are safe, and sell gold jewelry that is what it says it is, it is best to be safe and buy from jewelry retailers with a membership to a jewelry association. This applies online, and the sites will often display such logo’s and hallmark information.
All jewelry made from gold will come with a karat mark. If you find jewelry without this mark either online or offline it is best to take it back, as it could end up being an item with no gold in it or one which has less than 10 karats. When you look to buy gold jewelry, you will also see a mark of the jewelry manufacturer. This information is good to know. As jewelry with a known mark is going to be more likely to be a genuine product.
By: Koz Huseyin
About the Author:
Looking for a safe way to buy gold jewelery? For a range of gold jewelry products and gold information, visit:
* Buy Gold Bracelet
* Buy Gold At Discount
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Casey Esbenshade