Archive for December, 2008
December 31st, 2008 | 
Author: 
desh_sa asked:
MY account has been hacked and i only have on character left with nothing on him. i need to buy gold to buy items and armour for it. For the European server.
Bibi Rowlett
MY account has been hacked and i only have on character left with nothing on him. i need to buy gold to buy items and armour for it. For the European server.
Bibi Rowlett
So you have been playing the acclaimed Massively Multiplayer Online Role-playing Game World of Warcraft and now you realize you need some serious leveling up as well as WoW gold to get ahead on your quest? You are not alone; every day there are thousands of players trying to figure out how to make a fortune in order to get the most out of their game experience.
World of Warcraft, developed by Blizzard Entertainment and released on November 23, 2004, is currently the world’s biggest and most popular Massively Multiplayer Online Role-Playing game. Over 10 million players have come together to form communities and interact with each other in the ever-expanding lands of the world Azeroth.
Gathering WoW gold is a fairly complex and time consuming process, one that not many people have mastered, but is essential in order to advance further into the game. Some people find this repetitive activity amusing, but in truth it is only fun for so long. As a result, There have been several developments regarding the generation of WoW gold recently. Let’s start by mentioning the hundreds of paid guides out there which are supposed to teach you how to earn vast sums of gold and how to level up your character. In many cases, people have discovered these so called guides produced mere speculation and in the worst case scenario describe step-by-step procedures on how to get a player’s account banned!
Some particular guides include screenshots in order to make things look legitimate, however making incredible screenshots in World of Warcraft is not a difficult thing to do, on the contrary people can open their favorite image editor and modify pictures quite easily. Another method many of these “experts” use to produce amazing statistics is by compiling private gaming servers where settings may be freely adjusted and operate completely unrelated to the official Blizzard servers.
These very same guides go on to provide instructions such as “The best way to earn WoW gold is by leveling up to 40, and once you are, then try to level up to 60″.
Any actual players who read this would come to the conclusion that it is much easier said than done. This is undoubtedly what most readers quickly discover, therefor some recent guides have recommended to buy World of Warcraft gold from online merchants directly. This practise is not risk-free, as buying gold from random eBay sellers and unverified third-persons immediatly raises suspicion on to your account. Players waking up to find account termination emails from Blizzard is often the end result.
Despite the challenge of finding a trusted gold provider, players have learned to buy WoW gold from are verified businesses with a reputation of success and a proven operational history. In the progression of your adventure the last thing you want is to waste time and money by buying from unreliable sources. Be safe.
By: IC
About the Author:
World of Warcraft, developed by Blizzard Entertainment and released on November 23, 2004, is currently the world’s biggest and most popular Massively Multiplayer Online Role-Playing game. Over 10 million players have come together to form communities and interact with each other in the ever-expanding lands of the world Azeroth.
Gathering WoW gold is a fairly complex and time consuming process, one that not many people have mastered, but is essential in order to advance further into the game. Some people find this repetitive activity amusing, but in truth it is only fun for so long. As a result, There have been several developments regarding the generation of WoW gold recently. Let’s start by mentioning the hundreds of paid guides out there which are supposed to teach you how to earn vast sums of gold and how to level up your character. In many cases, people have discovered these so called guides produced mere speculation and in the worst case scenario describe step-by-step procedures on how to get a player’s account banned!
Some particular guides include screenshots in order to make things look legitimate, however making incredible screenshots in World of Warcraft is not a difficult thing to do, on the contrary people can open their favorite image editor and modify pictures quite easily. Another method many of these “experts” use to produce amazing statistics is by compiling private gaming servers where settings may be freely adjusted and operate completely unrelated to the official Blizzard servers.
These very same guides go on to provide instructions such as “The best way to earn WoW gold is by leveling up to 40, and once you are, then try to level up to 60″.
Any actual players who read this would come to the conclusion that it is much easier said than done. This is undoubtedly what most readers quickly discover, therefor some recent guides have recommended to buy World of Warcraft gold from online merchants directly. This practise is not risk-free, as buying gold from random eBay sellers and unverified third-persons immediatly raises suspicion on to your account. Players waking up to find account termination emails from Blizzard is often the end result.
Despite the challenge of finding a trusted gold provider, players have learned to buy WoW gold from are verified businesses with a reputation of success and a proven operational history. In the progression of your adventure the last thing you want is to waste time and money by buying from unreliable sources. Be safe.
By: IC
About the Author:
Itemszone.com provides more information about World of Warcraft Gold as well as reliable resources where you can buy WoW Gold and much more, visit us today!
Phillip
As one of the world’s leading precious metals refineries and fabricators, PAMP is particularly well regarded for its pioneering spirit, as evidenced in 1977 by the introduction of a wide variety of decorative designs on the reverse side of its ingots, also known as ‘small bars.’*
An industry first, the aim has been not only to extend the frontiers of bullion bar concepts, but also to place new emphasis on the intrinsic beauty – and therefore value – of precious metals overall. As a result, the extensive collection of decorative motifs has opened up new doors for ingots as a memorable gift, suitable for all occasions, in every market.
Today, PAMP controls more than half of the world market for gold bullion bars weighing less than 50-grams. The introduction of Fortuna-embellished silver, platinum and palladium bars has also met with resounding international success. Signed, Certified packaging guarantees the qualities, weight and assayed precious metal content of every bar leaving the refinery.
Motifs range from mythological and astrological themes to religious icons, and from historic monuments to botanical renderings.
The most famous of these designs is of course the exquisite Lady Fortuna™, which quickly became the calling card of PAMP. Hangers are available for pendant wear, along with proprietary, multi-colored holograms, as both a decorative and security feature.
Fortuna is the first decorative motif to ever decorate precious metals bullion, an emblem that has heralded PAMP’s superior quality products and services worldwide for nearly a quarter century. Indeed, only the Roman goddess of fortune can so admirably convey the ideals and prestige of the world’s leading independent precious metals refinery.
For centuries, buying gold has been recognized as one of the best ways to preserve one’s wealth and purchasing power. Gold is a unique investment, one that has served mankind well for thousands of years. From the times of ancient Egyptians, Greeks and Romans to more modern times, man has been fascinated with the beauty and magic of gold, and with its power to change men’s lives. Gold bullion is real, honest money…and, many say, the best form of money the world has ever known. It is a store of value and a safe haven in times of crisis. Gold is rare, durable and does not wear out in the manner of lesser metals (or paper!) when passed from hand to hand. A small amount, easily carried, can purchase a significant amount of goods and services. It is universally accepted, and can be easily bought and sold around the world. Today, the beauty of a gold bar lies in its ability to diversify investments, protect wealth and preserve one’s purchasing power. Gold bullion bars are real, tangible assets, and throughout history, have been an ideal store of value and an excellent hedge against inflation, deflation and political uncertainty. They are extremely liquid investments, easily stored and transported, and can be a uniquely private way to preserve one’s wealth.
The first gold coins produced in America, the original $10 gold “Eagle” coins, were originally minted by the United States Mint starting in 1795. More than two hundred years later, U.S. gold coins—perhaps some of the greatest symbols of American liberty and freedom — are still produced with levels of quality and beauty that one would expect of the United States Mint.
First released by the United States mint in 1986, the gold American Eagle is the first modern bullion coin to be authorized by the United States congress…and is backed by the US Mint for its weight, content and purity.
Each gold American eagle coin features striking imagery, symbolizing the American spirit and character. The obverse of the coin, originally designed by Augustus Saint-Gaudens for the country’s $20 gold piece minted from 1907 to 1933, carries the image of a full length figure of Lady Liberty holding a torch in her right hand and an olive branch in her left. In the background can be seen the images of the sun rising and the United States Capitol dome. The obverse side of the coin also bears the inscription “Liberty” and contains both the date of issue and the individual mint mark of origin. The reverse side of the coin bears the image of a male bald eagle carrying an olive branch, flying towards his mate in a nest with their hatchlings.
American eagle gold coins are available coinsbullions.com website in four different sizes and denominations. The one-ounce gold American Eagle has a diameter of 32.7mm, a thickness of 2.87mm, a total weight of 1.0909 troy ounces (or 33.931 grams), contains one troy ounce of pure gold, and has a face value of $50. One-ounce gold American Eagles are sold in units of 10 one-ounce coins.
The half-ounce gold coin has a diameter of 27mm, a thickness of 2.24mm, a total weight of .5454 troy ounces (or 16.966 grams), contains a half- ounce of pure gold, and has a face value of $25. The quarter-ounce gold coin has a diameter of 22mm, a thickness of 1.83mm, a total weight of .2727 troy ounces (or 8.483 grams), contains a quarter-ounce of pure gold, and has a face value of $10. The tenth-ounce gold coin has a diameter of 16.5mm, a thickness of 1.19mm, a total weight of 0.1091 troy ounces (3.393 grams), contains a tenth-ounce of pure gold and has a face value of $5. American eagle gold coins provide investors with the means to diversify, balance and stabilize a well-rounded investment portfolio, all with the safety and backing of the United States government and the U.S. Dollar.
Canadian Maple Leaf gold coins are known and respected throughout the world because of the impeccable standards of quality mandated by the Royal Canadian Mint. The Royal Canadian Mint’s insistence upon flawless coins, the pure gold blanks from which gold coins are struck, has led to an enviable reputation among demanding investors and collectors. Its impeccable quality, pleasing design, and fine gold purity (at ninety-nine point nine-nine percent pure gold, or “four-nines” fine) has made the Canadian Maple leaf one of the preferred gold coins of investors around the world. In fact, the one troy ounce gold Canadian Maple Leaf has been in continuous production longer than any other pure gold bullion coin.
Each gold Maple Leaf coin features the image of Great Britain’s Queen Elizabeth the second, along with the denomination and date of issue, on the obverse side…and an image of Canada’s national symbol, the maple leaf (from which the coin derives its name), on the reverse side, along with the name of the country and the level of purity of the gold, listed in both English and French.
The classic one troy ounce coin, which measures 30mm in diameter with a thickness of 2.87mm, makes the coin approximately the same size as an extra thick United States half-dollar. The coin carries a face value of 50 Canadian Dollars. One ounce Canadian Maple Leaf gold coins are offered by coinsbullions.com in units of 10 one-ounce coins, and are available and the coins make a wonderful addition to any investment portfolio.
The half-ounce coin has a diameter of 25mm, and is 2.23mm thick, which gives this coin similar dimension to a double-stacked United States quarter, and carries a face value of 20 Canadian Dollars. The quarter-troy-ounce Canadian Maple Leaf coin has a diameter of 20mm, with a thickness of 1.78mm, and a face value of 10 Canadian Dollars. The tenth-ounce gold Maple Leaf has a diameter of 16mm and a thickness of 1.13mm, making it comparable in size to a United States dime, and carries a face value of 5 Canadian Dollars.
By: CoinsBullions
About the Author:
An industry first, the aim has been not only to extend the frontiers of bullion bar concepts, but also to place new emphasis on the intrinsic beauty – and therefore value – of precious metals overall. As a result, the extensive collection of decorative motifs has opened up new doors for ingots as a memorable gift, suitable for all occasions, in every market.
Today, PAMP controls more than half of the world market for gold bullion bars weighing less than 50-grams. The introduction of Fortuna-embellished silver, platinum and palladium bars has also met with resounding international success. Signed, Certified packaging guarantees the qualities, weight and assayed precious metal content of every bar leaving the refinery.
Motifs range from mythological and astrological themes to religious icons, and from historic monuments to botanical renderings.
The most famous of these designs is of course the exquisite Lady Fortuna™, which quickly became the calling card of PAMP. Hangers are available for pendant wear, along with proprietary, multi-colored holograms, as both a decorative and security feature.
Fortuna is the first decorative motif to ever decorate precious metals bullion, an emblem that has heralded PAMP’s superior quality products and services worldwide for nearly a quarter century. Indeed, only the Roman goddess of fortune can so admirably convey the ideals and prestige of the world’s leading independent precious metals refinery.
For centuries, buying gold has been recognized as one of the best ways to preserve one’s wealth and purchasing power. Gold is a unique investment, one that has served mankind well for thousands of years. From the times of ancient Egyptians, Greeks and Romans to more modern times, man has been fascinated with the beauty and magic of gold, and with its power to change men’s lives. Gold bullion is real, honest money…and, many say, the best form of money the world has ever known. It is a store of value and a safe haven in times of crisis. Gold is rare, durable and does not wear out in the manner of lesser metals (or paper!) when passed from hand to hand. A small amount, easily carried, can purchase a significant amount of goods and services. It is universally accepted, and can be easily bought and sold around the world. Today, the beauty of a gold bar lies in its ability to diversify investments, protect wealth and preserve one’s purchasing power. Gold bullion bars are real, tangible assets, and throughout history, have been an ideal store of value and an excellent hedge against inflation, deflation and political uncertainty. They are extremely liquid investments, easily stored and transported, and can be a uniquely private way to preserve one’s wealth.
The first gold coins produced in America, the original $10 gold “Eagle” coins, were originally minted by the United States Mint starting in 1795. More than two hundred years later, U.S. gold coins—perhaps some of the greatest symbols of American liberty and freedom — are still produced with levels of quality and beauty that one would expect of the United States Mint.
First released by the United States mint in 1986, the gold American Eagle is the first modern bullion coin to be authorized by the United States congress…and is backed by the US Mint for its weight, content and purity.
Each gold American eagle coin features striking imagery, symbolizing the American spirit and character. The obverse of the coin, originally designed by Augustus Saint-Gaudens for the country’s $20 gold piece minted from 1907 to 1933, carries the image of a full length figure of Lady Liberty holding a torch in her right hand and an olive branch in her left. In the background can be seen the images of the sun rising and the United States Capitol dome. The obverse side of the coin also bears the inscription “Liberty” and contains both the date of issue and the individual mint mark of origin. The reverse side of the coin bears the image of a male bald eagle carrying an olive branch, flying towards his mate in a nest with their hatchlings.
American eagle gold coins are available coinsbullions.com website in four different sizes and denominations. The one-ounce gold American Eagle has a diameter of 32.7mm, a thickness of 2.87mm, a total weight of 1.0909 troy ounces (or 33.931 grams), contains one troy ounce of pure gold, and has a face value of $50. One-ounce gold American Eagles are sold in units of 10 one-ounce coins.
The half-ounce gold coin has a diameter of 27mm, a thickness of 2.24mm, a total weight of .5454 troy ounces (or 16.966 grams), contains a half- ounce of pure gold, and has a face value of $25. The quarter-ounce gold coin has a diameter of 22mm, a thickness of 1.83mm, a total weight of .2727 troy ounces (or 8.483 grams), contains a quarter-ounce of pure gold, and has a face value of $10. The tenth-ounce gold coin has a diameter of 16.5mm, a thickness of 1.19mm, a total weight of 0.1091 troy ounces (3.393 grams), contains a tenth-ounce of pure gold and has a face value of $5. American eagle gold coins provide investors with the means to diversify, balance and stabilize a well-rounded investment portfolio, all with the safety and backing of the United States government and the U.S. Dollar.
Canadian Maple Leaf gold coins are known and respected throughout the world because of the impeccable standards of quality mandated by the Royal Canadian Mint. The Royal Canadian Mint’s insistence upon flawless coins, the pure gold blanks from which gold coins are struck, has led to an enviable reputation among demanding investors and collectors. Its impeccable quality, pleasing design, and fine gold purity (at ninety-nine point nine-nine percent pure gold, or “four-nines” fine) has made the Canadian Maple leaf one of the preferred gold coins of investors around the world. In fact, the one troy ounce gold Canadian Maple Leaf has been in continuous production longer than any other pure gold bullion coin.
Each gold Maple Leaf coin features the image of Great Britain’s Queen Elizabeth the second, along with the denomination and date of issue, on the obverse side…and an image of Canada’s national symbol, the maple leaf (from which the coin derives its name), on the reverse side, along with the name of the country and the level of purity of the gold, listed in both English and French.
The classic one troy ounce coin, which measures 30mm in diameter with a thickness of 2.87mm, makes the coin approximately the same size as an extra thick United States half-dollar. The coin carries a face value of 50 Canadian Dollars. One ounce Canadian Maple Leaf gold coins are offered by coinsbullions.com in units of 10 one-ounce coins, and are available and the coins make a wonderful addition to any investment portfolio.
The half-ounce coin has a diameter of 25mm, and is 2.23mm thick, which gives this coin similar dimension to a double-stacked United States quarter, and carries a face value of 20 Canadian Dollars. The quarter-troy-ounce Canadian Maple Leaf coin has a diameter of 20mm, with a thickness of 1.78mm, and a face value of 10 Canadian Dollars. The tenth-ounce gold Maple Leaf has a diameter of 16mm and a thickness of 1.13mm, making it comparable in size to a United States dime, and carries a face value of 5 Canadian Dollars.
By: CoinsBullions
About the Author:
Author Bio – Buy gold coins
from CoinsBullions.com inventory of Coins and Bullions Including Gold Bullion Coins like
American Gold Eagles, Gold Bullion Coins and bars. In the future, coins
and Bullions will expand by including jewelry and gift items.
Celena Ciprian
Posted in Jewelry | 
Tags: Goddess Of Fortune, Intrinsic Beauty, Precious Metal Content | 
No Comments »
Ways to own Gold
Should I own Gold coins or bars? Coins can be tricky if you engage in the numismatic coin trade which has less to do with the buying, holding, and trading the commodity, and more to do with the rarity of the coins. My opinion is if you can get a vintage coin close to the spot price of Gold then fine, but if not, then you need to remember that you are buying a coin filled with commissions paid to the broker. Remember you are buying precious metals because you feel the dollar’s value is diminishing and you are looking for a hedge against inflation. So don’t detract from your goals when looking at metals as an investment. Now as far as regular bullion coins and bars, I don’t feel there is any difference to be honest, at the end of the day Gold is Gold right? The only leverage legal tender coins can give you is that there is a market for particular coins and some people have a preference as to what type of coins they own as opposed to bars or generic Gold coins. Personally, I feel that if Gold goes to the levels authors such as James Turk says Gold is going to, then I don’t feel that anyone will be turning your gold away. Now there are large institutions that will sell you Gold Such as Monex, Gold Line, Merit Financial, and North West Territorial Mint. The only issues I can find with these larger institutions is there lack of ability to negotiate a fair price with there customers, and then when times get really busy they are not prepared to handle large scale volume. Such complaints have been posted as in the website monexfraud.com. Although I have never know Monex to commit fraud personally, there is a sense that they post there ads to get you in the door to buy Gold and then bait and switch you into their Atlas Trading account which uses leverage as a means to over obligate the consumer into paying interest on an over leveraged account. This was not the intention of the buyer in the first place which is why I don’t like their method of advertising. Now my feeling is that if you want to trade the commodities there are other tools to use other than a leveraged account (which is not bad if that is what you want to do), but the issue is weather or not everyone getting into the Monex Atlas accounts really know what they are getting into. If you want to trade, then trade, but if you just want to buy and hold then that should be your game. Now concerning the other dealers I mentioned, they are fine I suppose, but try getting through to Northwest Territorial Mint when it is really busy, or call Gold line without having them try to sell you rare coins instead of bullion! Remember your spreads and the commissions you pay. Now there are other ways that people buy Gold such as by using Exchange Traded Funds Gold can carry concerns about authenticity and purity, as well as storage and insurance costs. But you can shed those worries and still own a chunk of gold by investing in exchange-traded funds that make buying and selling gold bullion as easy as buying and selling stocks.
The share price of street TRACKS Gold Shares roughly tracks the price of gold and represents an investment in gold bullion. In effect you get to own gold without the hassle of storing and insuring. “With GLD, each share is priced at about one-tenth the price of gold bullion. If gold goes to $1000 an ounce, then the price of a share should be about $100,”
There are fees associated with exchange-traded funds, but they’re usually low. In addition, expect to pay a commission to your broker for each trade. But remember some very important features of the ETF derivatives and are not redeemable in Gold you have to take, ask yourself the question, if the dollar crashes do you want the US Dollar, or would you want the Gold? Also, the questions has been raised if the Comex really has the Gold on hand that GLD trades, and the fact is that GLD doesn’t carry all the Gold they are supposed they only hold about 25% of the Gold they are supposed to have on hand, the rest is most Gold paper certificates. Owning Gold this way is not Gold ownership, but if you don’t care and are only here to trade the volatility of the market then it doesn’t really matter then does it? Owning Mutual Funds, ETF’s and Gold mines is not Gold ownership, you own Gold to hedge against risk. Gold Stocks got hammered when the stock market crashed last Oct, while Gold held it’s own against all the asset classes. It is really the difference between diamonds being worth more then the ring it sits on. Mining stocks reflect the profits of the company. If it costs the company $600 an ounce to dig up gold, pay employees, gas and the like, and gold is selling at $900, their profit is $300. If the price of gold rises to $1200 their profits have doubled, so the stock is more volatile. But it works the other way, too. A drop in the price of gold could flip flop a company from one that’s profitable to one that’s bleeding. So this is a play on Stocks and not the metal itself. I recommend holding some Gold in your possession and then believe it or not, hold Gold in a country that does not have a history of Gold confiscation. Although when the U.S. Government confiscated its citizens Gold we were on a Gold Standard so in order to expand the money supply they needed more Gold then they had. So why would they need it now right? Since we no longer practice the Gold Standard they should not need our Gold correct? At the end of the day they can change the rules on us at anytime, so you should hold some Gold in Europe or Australia, both of which are regions that are friendly to Gold ownership. You can also own Gold in jewelry but this is because you like it, not as an investment. If you buy 14 karat gold, it’s less pure than investment grade. When you sell you’ll need to consider the purity of the gold and, more than likely, it will have to be refined to bring it up to investment grade. This is going to cost you money and take away from the purpose of hedging.
By: Luis Ovalle
About the Author:
Should I own Gold coins or bars? Coins can be tricky if you engage in the numismatic coin trade which has less to do with the buying, holding, and trading the commodity, and more to do with the rarity of the coins. My opinion is if you can get a vintage coin close to the spot price of Gold then fine, but if not, then you need to remember that you are buying a coin filled with commissions paid to the broker. Remember you are buying precious metals because you feel the dollar’s value is diminishing and you are looking for a hedge against inflation. So don’t detract from your goals when looking at metals as an investment. Now as far as regular bullion coins and bars, I don’t feel there is any difference to be honest, at the end of the day Gold is Gold right? The only leverage legal tender coins can give you is that there is a market for particular coins and some people have a preference as to what type of coins they own as opposed to bars or generic Gold coins. Personally, I feel that if Gold goes to the levels authors such as James Turk says Gold is going to, then I don’t feel that anyone will be turning your gold away. Now there are large institutions that will sell you Gold Such as Monex, Gold Line, Merit Financial, and North West Territorial Mint. The only issues I can find with these larger institutions is there lack of ability to negotiate a fair price with there customers, and then when times get really busy they are not prepared to handle large scale volume. Such complaints have been posted as in the website monexfraud.com. Although I have never know Monex to commit fraud personally, there is a sense that they post there ads to get you in the door to buy Gold and then bait and switch you into their Atlas Trading account which uses leverage as a means to over obligate the consumer into paying interest on an over leveraged account. This was not the intention of the buyer in the first place which is why I don’t like their method of advertising. Now my feeling is that if you want to trade the commodities there are other tools to use other than a leveraged account (which is not bad if that is what you want to do), but the issue is weather or not everyone getting into the Monex Atlas accounts really know what they are getting into. If you want to trade, then trade, but if you just want to buy and hold then that should be your game. Now concerning the other dealers I mentioned, they are fine I suppose, but try getting through to Northwest Territorial Mint when it is really busy, or call Gold line without having them try to sell you rare coins instead of bullion! Remember your spreads and the commissions you pay. Now there are other ways that people buy Gold such as by using Exchange Traded Funds Gold can carry concerns about authenticity and purity, as well as storage and insurance costs. But you can shed those worries and still own a chunk of gold by investing in exchange-traded funds that make buying and selling gold bullion as easy as buying and selling stocks.
The share price of street TRACKS Gold Shares roughly tracks the price of gold and represents an investment in gold bullion. In effect you get to own gold without the hassle of storing and insuring. “With GLD, each share is priced at about one-tenth the price of gold bullion. If gold goes to $1000 an ounce, then the price of a share should be about $100,”
There are fees associated with exchange-traded funds, but they’re usually low. In addition, expect to pay a commission to your broker for each trade. But remember some very important features of the ETF derivatives and are not redeemable in Gold you have to take, ask yourself the question, if the dollar crashes do you want the US Dollar, or would you want the Gold? Also, the questions has been raised if the Comex really has the Gold on hand that GLD trades, and the fact is that GLD doesn’t carry all the Gold they are supposed they only hold about 25% of the Gold they are supposed to have on hand, the rest is most Gold paper certificates. Owning Gold this way is not Gold ownership, but if you don’t care and are only here to trade the volatility of the market then it doesn’t really matter then does it? Owning Mutual Funds, ETF’s and Gold mines is not Gold ownership, you own Gold to hedge against risk. Gold Stocks got hammered when the stock market crashed last Oct, while Gold held it’s own against all the asset classes. It is really the difference between diamonds being worth more then the ring it sits on. Mining stocks reflect the profits of the company. If it costs the company $600 an ounce to dig up gold, pay employees, gas and the like, and gold is selling at $900, their profit is $300. If the price of gold rises to $1200 their profits have doubled, so the stock is more volatile. But it works the other way, too. A drop in the price of gold could flip flop a company from one that’s profitable to one that’s bleeding. So this is a play on Stocks and not the metal itself. I recommend holding some Gold in your possession and then believe it or not, hold Gold in a country that does not have a history of Gold confiscation. Although when the U.S. Government confiscated its citizens Gold we were on a Gold Standard so in order to expand the money supply they needed more Gold then they had. So why would they need it now right? Since we no longer practice the Gold Standard they should not need our Gold correct? At the end of the day they can change the rules on us at anytime, so you should hold some Gold in Europe or Australia, both of which are regions that are friendly to Gold ownership. You can also own Gold in jewelry but this is because you like it, not as an investment. If you buy 14 karat gold, it’s less pure than investment grade. When you sell you’ll need to consider the purity of the gold and, more than likely, it will have to be refined to bring it up to investment grade. This is going to cost you money and take away from the purpose of hedging.
By: Luis Ovalle
About the Author:
Written by Louis Ovalle Director of Gold Trends Magazine and Gold Trends Bullion Exchange info.gtbe@gmail.com 800-996-7345 http://www.goldtrendsmagazine.com
Ludivina Ruyz
Nielsio asked:
WATCH IN HIGH QUALITY http://www.youtube.com/watch?v=6utu146Ny2s&fmt=18 Precious metals-giant Burt Blumert is interviewed by Lew Rockwell (podcast). http://media.lewrockwell.com/
Travis Macewen