Archive for July, 2008

Should I sell my gold jewelry on Ebay or take it to a “We Buy Gold” place?

Saturday, July 26th, 2008

maryquast asked: I used to work for a jewelry shop and bought a ton of 14 & 10kt jewelry. Now I only wear silver, don’t ever wear my gold stuff anymore and need some money. Where would I get more money for my gold? Ebay, pawnshop, or a “We buy gold” place.Verlie [...]

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Should I buy gold or silver for and investment?

Friday, July 18th, 2008

Arlene K asked: Should I buy gold or silver for and investment?
At this time or in the future would Gold or Silver be a good investment against inflation? Or should I invest in Oil?
If all of those are not good options at this time, where should I invest my money to protect myself against [...]

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The Price of Gold is Going to Soar: Why Gold Investors Should Buy, Buy, Buy!

Tuesday, July 15th, 2008

In March of this year, the price of gold per ounce hit an all-time high of $1,030.80.On August 15th, gold hit a nine-month low of $773.That’s a correction of 25%!In just one month alone - from July 15th to August 19th  - gold has fallen 20%.Now, that’s just downright scary! I know there’s a lot [...]

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Gold: a True Barometer of Public Confidence

Sunday, July 13th, 2008

Today, Americans are facing a pile of unpaid debts. At the helm is a new Fed chief, Ben Bernanke, who has already been nicknamed “Helicopter Ben” based on admitting he’d print enough paper currency and drop it from helicopters to keep the U.S. economy from sliding into a recession.The Wall Street Journal recently published an [...]

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How to get Your Parents to let you buy Gaia Gold?

Wednesday, July 9th, 2008

Nate H asked: I asked my mom if I could buy some Gaia Gold for my account, but every time I mention it, she never lets me go on for the rest of the day. I don’t know why she won’t let me buy it. I have enough money to pay her back, but she [...]

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Gold for the Small Investor

Saturday, July 5th, 2008

The economy is seriously on the down turn and the US Dollar is losing value. These conditionsusually result in rising gold prices which has been the case over the last few months. Gold prices have moved up about 50% in the past six months. Gold is a good investment in bad economic times but many [...]

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