Tuesday, July 9, 2013

3 Reasons Why You Should Buy Gold

Why should you buy gold?  I don't mean gold futures or anything like that.  I mean real physical gold nuggets.

  1. Gold has increased in the last ten years more consistently than almost anything I can think of.  When I first started buying gold it was at $400.  I still have a lot of that "cheap" gold and now it is worth over $1200 a troy ounce.
  2. Gold has never been worth $0 or even close to it like some stocks.  It is a hedge against inflation.
  3. I can physically own it, hold it right in my hands.  I can buy it as gold jewelry and wear it.  Gold is easy to sell.

Monday, June 24, 2013

13 Years of Gold Prices

Gold has increased since 2000.  So what is happening now?
Are you still buying   ?  I know I am buying all I can right now.


I see gold for sale from reliable sellers here on eBay
....
Gold prices are moderately lower in early U.S. dealings Monday as prices trade not far above last week’s 2.5-year low of $1,268.70, basis August Comex futures. Bearish outside market forces are working against the precious metals to start the new trading week, as the U.S. dollar index is higher and the raw commodity market sector is under general selling pressure. The gold and silver market bears remain in strong technical control of their markets. Comex August gold last traded down $8.90 at $1,283.10 an ounce. Spot gold was last quoted down $14.70 at $1,284.40. July Comex silver last traded down $0.319 at $19.64 an ounce.
There is still risk aversion in the market place Click here to read more.

Thursday, June 20, 2013

The Question is Will Gold Ever Go Back Up?

We were all hoping gold would go to $2000, what happened?
It is still a really great time to buy gold with the price down.  I just don't feel you can ever go wrong with buying gold.  To me you can never have too much gold.

This is an article from Kitco.com on what they think is happening.
#Gold & #Silver Hammered to 2.5-Year Lows; Major Chart Damage Suggests More Downside To Come ▸ http://OnKit.co/mdRif 

Gold and silver futures prices are sharply lower and have careened to better-than-2.5-year lows in early U.S. trading Thursday. The market place sees traders and investors in a keen “risk-off” mentality following Wednesday’s U.S. Federal Reserve events. Fresh, serious technical damage has been inflicted in the gold and silver markets to suggest they will see still more downside price pressure to come. Comex August gold last traded down $70.10 at $1,303.90 an ounce. The August contract traded down to a low of $1,285.00 in overnight trading. Spot gold was last quoted down $46.40 at $1,305.25. July Comex silver last traded down $1.458 at $20.165 an ounce. July silver hit a low of $19.64 in overnight trading.

Asian and European stock markets slumped overnight. U.S. stock indexes are also solidly lower Thursday morning. Most raw commodity markets are getting hit hard Thursday. Importantly, world bond markets are also seeing serious selling pressure Thursday. The U.S. dollar index has rallied sharply after early Wednesday hitting a four-month low.

While the FOMC statement released Wednesday afternoon said U.S. monetary policy will not see an imminent change and there was no mention about tapering of the Fed’s monthly TO Read more https://www.facebook.com/KitcoNews?ref=stream&hc_location=stream


To find some gold to buy look here
.....

Monday, June 10, 2013

How do you how to size your gold nugget?

How do you describe the size of your gold?

This  is how we do it.

Nugget - Worn and rounded by movement through water and earth. Weighs over one grain Troy.

Coarse Gold - Remains on (won't pass through) a 10 mesh screen.

Medium Gold - Passes through a 10 mesh but remains on a 20 mesh screen.

Fine Gold - Passes through 20, remains on 40 mesh screen.

Very Fine Gold - Passes through a 40 mesh screen.


Flour Gold - Not really defined but smaller than very fine.

Where do you find gold if you are not living here in Arizona where we can find it in the dessert with our ..... Well you can find some gold nuggets here......

Friday, May 24, 2013

Have you ever bought a gold nugget?

Have you still got your gold nugget?
Do you think it is still a good idea to buy gold?
I think now is the time to be buying gold.  The price is way down with everyone worried that some bank overseas is going to sell off their gold.   What websites do you follow to find out gold prices?  I use Kitco.com, I really like their charts.  You can find their price chart on the right of my page.
  

Click here to see my Gold Nugget...

Are You Metal Detecting for your Gold? Here are reviews.

Metal detecting is very popular here in AZ.  This article has reviewed many of them.  http://www.thebestmetaldetector.com/

We have metal detecting clubs with over 1000 members in just ours.  There is a club in Yuma, Laughlin, San Diego and Phoenix.  The clubs buy up mining claims and when you join for only $20 a year you get to use those claims.  Lots of gold nuggets have been found on our claims with metal detectors.  Enough to pay for it and more.  To see some for sale new and used .Metal Detectors">....
We have been lucky enough to acquire some nice gold nuggets, see them here ..Gold Nuggets..


Monday, April 29, 2013

What is Gold Going to Do this Week Up or Down?

After the last couple of weeks it will sure be interesting to see what gold does this week.  We have bought it while it was low now maybe time to sell some of that off.
Right this minute it is $1475.
This is what the experts are saying.

Gold maintained a close above our suggested stop loss on Friday at $1,454 and filled the retracement to $1,477. News this week should create the pivot to break the range. The European Central Bank will meet to discuss interest rate policy, although Germany is expected to resist dropping key rates from its current 0.75% level, so, the grinding slowdown in the other EU member economies may win the day.
The “experts” are suggesting that a drop in EU rates will be very bullish for gold. On its face, added liquidity should be price supportive for the metal. However, I caution that lower EU rates may have a serious implication for the value of the Euro. This may create more demand for the US dollar, which “historically” is negative for the commodity complex.  To read more from Pete Hug http://www.kitco.com/ind/Hug/2013-04-29-Pivot-Week.html
Here is where you can buy some nice gold nuggets http://www.webstore.com/16272,user_id,shop


Monday, April 22, 2013

Is Gold Still a Good Investment?


Gold investors are bruised but not broken. But, the yellow metal is still vulnerable to another down wave of selling pressure. Last week's action and modest rebound was a "pause" to the bear collapse. Friday's bearish shooting star candle on the daily June Comex gold futures chart shows the bulls are unable to defend gains right now.
Given gold's recent fall from grace as gold ETF holders dump positions and rush for the exits, the yellow metal for now has lost its "safe-haven" cache—its appeal as a store of wealth as developed nations’ global central banks continue to embark on massive money-printing and quantitative easing ventures. None of those factors have disappeared: global central banks continue to debase fiat currencies with their current monetary accommodation, but for now the overwhelming sluggish global growth continues to hold inflation at bay, which has decreased the perceived need to hold gold for now.
Despite the recent collapse in prices, there remain strong and solid factors that argue for portfolio diversification into gold. Lower prices points ahead may offer savvy long-term investors and players a better entry zone.
To read more

So Now What Will Happen With Gold This Week?

After watching gold go down so fast now what will happen this week?

I believe it will go up.

Here is what the experts are saying:

After the sharp price losses in gold, survey participants in the Kitco News weekly survey said they expect values to rise at least slightly next week.
In the Kitco News Gold Survey, out of 35 participants, 27 responded this week. Of those 27 participants, 17 see prices up, while four see prices down, and six see prices moving sideways or are neutral. Market participants include bullion dealers, investment banks, futures traders, money managers and technical-chart analysts.
 To read more http://www.kitco.com/kgs/goldsurvey_apr192013.html

Some market participants said this very strong physical demand helped to stem the selling tide in the futures market and allowed gold to bounce from this week’s low of $1,321.50 in the June futures. On a Comex spot continuation chart, this was the lowest price for Comex gold since September 2010.
Yet others said now that gold is in a bear market, which is defined as a 20% drop in value, some traders are using any bounces in the yellow metal as a selling opportunity.
Kevin Grady, president of Phoenix Futures and Options, said in the futures market there was “a tremendous amount of shorting activity seen.”
He also said the $1,425 area – around the Friday high of $1,424.70 – is right now seen by bearish traders as an area to establish new shorts. Prices might be able to drift higher next week, he said, but until gold prices can move over $1,535, the trend in gold is down. That area is just above the support level that triggered the waves of selling in gold last week. To read more http://www.kitco.com/reports/KitcoNews20130419DeC_metalsOutlook.html

ANUATED.Webstore.com  is the place to buy your Gold!

Saturday, April 20, 2013

Of Course the Demand for Gold is UP

What did you think would happen when the price for gold and silver fell so low?  The demand goes up.
Peter Hug over at Kitko backs me up on this one.

As is to be expected with the recent drop, physical demand, especially for silver, has exploded over the past week. The market collapse is obviously the recent catalyst but physical demand has been aggressive since November 2012. The North American Mints are on tighter allocation releases as the demand far outstrips the production capability at levels of three shifts working 24/7. Demand from Europe, given the recent concerns on the safety of "guaranteed" bank deposits, has many dealers back-logged as much as one month. The Hong Kong market has joined the demand cycle with popular North American items in low supply or out of stock.
To read more http://www.kitco.com/ind/Hug/20130417.html
To buy more gold

Wednesday, April 17, 2013

Physical demand for Gold

Kitco has written a good article explaining the demand for gold at this time http://www.kitco.com/ind/Hug/20130417.html  

Here is a part of it: 

As is to be expected with the recent drop, physical demand, especially for silver, has exploded over the past week. The market collapse is obviously the recent catalyst but physical demand has been aggressive since November 2012. The North American Mints are on tighter allocation releases as the demand far outstrips the production capability at levels of three shifts working 24/7. Demand from Europe, given the recent concerns on the safety of "guaranteed" bank deposits, has many dealers back-logged as much as one month. The Hong Kong market has joined the demand cycle with popular North American items in low supply or out of stock.

To be clear, this is "NOT" a supply issue but a production back-log. It will contribute to higher physical premium prices. The larger dealers are rationing what supplies they provide to the intermediary dealer market, focusing their efforts and meeting the demands of their individual clients. Production delays are not uncommon and seasoned dealers will provide options to their clients. Remember, as long as it is recognized, an ounce of silver is an ounce of silver. An American Eagle coin has no more intrinsic value than any other one ounce silver bullion coin. Look at your alternatives before you pay an extra 10% premium for an ounce of

I have been buying gold during this time:
GOLD 
 

Monday, April 15, 2013

What is Everyone Saying About the Gold Prices Falling?

Gold is falling falling falling.

It is at a 2 year low.

Do you think it will come back up?
What is everyone saying why it is falling?
Should you be buying?
Here are some of the best articles I have found.

The Washington Post says:

Weaker-than-expected Chinese economic growth figures weighed on markets Monday as the price of gold slid another $100 to hit a two-year low amid concerns that a 12-year bull run for the commodity has come to an end.
Though Beijing government figures showed that the world’s second-largest economy expanded 7.7 percent in the first quarter of the year compared with a year earlier, the figure was down on the previous period’s 7.9 percent rate and was worse than expectations for a modest increase to 8 percent.
 To Read More:http://www.washingtonpost.com/business/asian-stock-markets-drop-as-china-growth-slows-stirring-doubts-about-recovery/2013/04/14/5f34c05e-a57d-11e2-9e1c-bb0fb0c2edd9_story.html

I like what the BBC has to say:http://www.bbc.co.uk/news/business-22151474

ABC news says:http://abcnews.go.com/blogs/business/2013/04/gold-investors-exit-amid-price-collapse/

 USA TODAY says: Analysts attributed last week's plunge to investors who fear gold won't be the safe haven it has been when inflation spikes, the economy deteriorates or the sale of gold to raise cash skyrockets. To read more http://www.usatoday.com/story/money/markets/2013/04/15/gold-prices-tumble/2083537/

I SAY BUY!

http://stores.ebay.com/ANUATED/_i.html?_nkw=gold+nugget&submit=Search&_sid=1281368


What is the BBC Saying About the Gold Drop?

The BBC is saying it might go down even further.  Read this to find out more

http://www.bbc.co.uk/news/business-22151474

Gold is really down, is it due to U.S. Quantitative Easing?

Some people think the reason for the gold dive is Quantitative Easing.
This will explain what it is:
http://bonds.about.com/od/advancedbonds/a/What-Is-Quantitative-Easing.htm

Now is the time to buy gold before it goes back up.

Gold Nuggets for sale




Sunday, April 14, 2013

Gold Falls 5% What Will It Do on Monday?


Do you think gold can go any further down?  Now it the time to buy.  I do believe it will go back up.  USAtoday has a good article on it.
http://www.usatoday.com/story/money/markets/2013/04/12/gold-prices-plummet-below-1500-ounce/2077545/

Here are some gold nuggets for sale:
Gold Nuggets & Pendants

Saturday, April 13, 2013

Gold Closed at $1477 ...We Just Bought 2 Oounces Buy Buy Buy

Gold is way down so it is time to BUY!
We bouht 2 ounces and hope to buy more.  You know it is going to go back up

Here is the article from Kitco...

METALS OUTLOOK: Views On Gold May Get Reassessed Next Week ▸http://OnKit.co/k1o6F

Gold’s fall under $1,500 an ounce for the first time since in nearly two years may mean a little soul-searching for investors in the metal, market participants said.

June gold futures fell Friday, settling at $1,501.40 an ounce on the Comex division of the New York Mercantile Exchange, and were down 4.7% on the week. On a June futures chart, this is the lowest level since April 2011. On a weekly continuation chart, this is the lowest level for a most-active contract since July 2011... Click above to read full feature on Kitco.com...

Check out some nuggets I have for sale on Ebay....contact me with a good offer.



Friday, April 12, 2013

Thursday, April 4, 2013

What is going on with Gold?

This is from Kitco.com

For Pete's Sake wrote this article:

Although a bounce is certainly in the cards, as a trader I see no urgent reason to cover shorts from the $1,588 level and the $29.20 range in silver. Both gold and silver are within a hair of trading at their 2012 lows. I would look to flatten out at the $1,530 level for gold, with the silver target at $26.30. These levels must hold or further serious damage will occur, especially to gold, which may see a test of the $1,470 level

To Read More go to
http://www.kitco.com/ind/Hug/20130404.html

With Cyprus and the recent European-contagion flair-up, as well as growing concerns about North Korea, what's in store for the gold market? Well... Daniela Cambone is back! Daniela caught up with Peter Hug for this latest edition of "For Pete's Sake!" to discuss the "fresh fundamentals" seen in the gold market and hear his take on the resurgent European debt crisis

To watch more on a video go here
http://www.kitco.com/news/video/show/For-Petes-Sake

Thursday, February 21, 2013

WHY IS GOLD PRICE FALLING?

GOLD PRICE HAS FALLEN
Gold has been correcting itself.

There has been no inflation is one reason for the downward trend.

There is a chance that it could drop even further as the central bank could end it low-interest-rate policy sooner than expected.

Msn has a very good report on gold.

http://money.msn.com/business-news/article.aspx?feed=PR&date=20130221&id=16146247

I love to buy and sell gold.
Gold for sale in my store

Tuesday, February 19, 2013

14 APPS FOR SELLING and SHOPPING ONLINE

AUCTIONBYTES BLOG HAS

an article which is about 14 apps for selling and shopping online.

How did we ever survive before apps:)

http://www.ecommercebytes.com/cab/abu/y213/m02/abu0329/s03

I have had to change many of my listing so you can see them better on your iphones and ipads.


Monday, February 18, 2013

HOW TO TELL IF IT IS GOLD


 There are a few simple tests that you can make.
  • Rub the piece of gold across a piece of unglazed porcelain tile. It should not make a black streak. If it does then it is pyrite.If the streak is golden yellow then it is gold.
  • Try scratching glass with the piece of gold. If it scratches the glass, it is definitely not gold, or is mixed with other metals and the purity is very low.
  • Hold a magnet near the piece of gold. If the magnet attracts the gold piece, then there are other metals mixed in the gold. This is not pure gold. On the flip side just because something is not magnetic does not prove that it is gold. Brass, copper, aluminium are not magnetic. Pure nickel is magnetic, but when alloyed in jewelry it has very little magnetism.
  • A neodymium or rare earth magnet can be used to test for silver. Although silver cannot be picked up with a magnet, there is a different reaction between a rare-earth magnet and pure silver as opposed to the reaction to adulterated silver.
  • Drop a very small amount of hydrochloric or sulfuric acid onto the gold. If the gold begins to dissolve, then there is some other type of metal mixed with the gold and it is not pure.
  • Check to see if there are any markings on the piece. This will give you an idea of what karatage it might be although it does not prove it. It is possible to buy a machine for stamping jewelry for as little $11 so there is little to stop someone from just stamping a piece with any hallmark they choose. You should not conclude that just because the piece has a hallmark that it is genuine. Class rings marked Jostens 10K are usually good. A class ring ring marked Jostens Duratone has almost no scrap value. 
  • http://gold.yabz.com/testing.htm

GOLD CALCULATOR FOR DIFFERENT GRAMS AND KARAT WEIGHT

THIS IS A real easy calculator to use to find out how much your jewelry is worth like a 14k ring.
http://gold.yabz.com/jewelry.htm

Monday, February 11, 2013

GOLD PRICE WEB SITE

GOLD PRICE WEB SITE
HAS LOTS OF INFO ON BUYING AND SELLING GOLD AND SILVER

Here is some of my gold for sale

This is another web site I found interesting about buying gold called the street.
http://www.thestreet.com/topic/43441/gold-price.html

Friday, February 8, 2013

GOLD DAILY PRICE

Daily quotes for metals From the website KITCO.COM.

This is updated continuously.

I check this daily for my gold and silver quotes.

[Most Recent Quotes from www.kitco.com]

BUYING GOLD TIPS

THINKING OF BUYING GOLD

There are many tips you should know when buying gold and here is one article.