Invest in Gold and precious metals - News
Some gold dealers are cheating sellers by paying a fraction of what the gold is really worth
With the recession hitting cash-strapped households across the UK, more and more people are selling off gold jewellery and even gold family heirlooms to make ends meet. With the market price of gold already passing $1,000 per ounce, it seems an easy way to make quick money. But some dealers and buyers are cheating sellers by paying only a fraction of what the gold is really worth - frequently around 40 - 50% of the true valuation, and even as lit... [more]
Convert unwanted gold jewellery into cash
The price of gold has more than doubled over the past five years, so your gold could be worth much more than you imagined. Now is the time for all you savvy recessionistas to make the most of the current record gold prices and turn your unwanted gold jewellery into cash. When you recycle your gold jewellery that has just been lying around, the possibilities are endless. Free up the funds for a nice holiday, new car, your childrens’ education ... [more]
Converting unwanted Gold into Cash
The price of gold has increased by 171% in the last five years and the combination of high demand and weaker sterling have pushed the price of gold to record high so there has never been a better time for consumers to clear out their jewellery boxes and cash in on the gold rush. YourGoldForCash.co.uk appears to have hit a rich seam of scrap gold and has been inundated with enquiries from customers hoping to cash in on the new gold rush. Since ... [more]
Top 5 Precious Metals Funds (Zacks.com via Yahoo! Finance)
Diversify into precious metals with USAA Precious Metals and Minerals , RiverSource Precious Metal & Mining A , Tocqueville Gold , OCM Gold and Vanguard Precious Metals & Mining .
Technically Precious with Merv (Kitco.com)
Little by little gold is creeping higher. It still has a way to go before new highs are reached but that may only be a matter of time. “Just the facts, ma’am” as Joe Friday would say.
Demand for Swiss Gold Bullion Sky Rockets in Australia (PRWeb via Yahoo! News)
People all over Australia are buying Swiss gold bullion due to the worry of the impact of the financial debt in Greece and its effects on the world global financial markets reports Australian gold bullion dealer Gold De Royale (http://www.goldderoyale.com.au)
Gold Up-Date: March 08, 2010 (Kitco.com)
Expansionary monetary policies, exploding national debt and global currency devaluations, are creating a very favorable scenario for the price of gold.
GOLD ANALYSIS (Mineweb)
Gold: setting up for its next move to the upside? Expansionary monetary policies, exploding national debt and global currency devaluations, are creating a very favorable scenario for the price of gold.
Gold gets support from strong markets (MENAFN)
Gold gets support from strong markets
Chinese Government to Citizens: Buy Gold and Silver (Kitco.com)
No longer favoring the US dollar, the Chinese government increased its holdings of gold from 600 tonnes in 2003 to 1,054 tonnes in 2009. This month, rumors began circulating that the Chinese government may indeed purchase from the IMF 191.3 tonnes of gold.
Sprott Physical Gold Trust completes US$400 million IPO (Investment Executive)
Sprott Physical Gold Trust (TSX:PHY.U) has completed its initial public offering of 40 million units for gross proceeds of US$400 million, Sprott Asset Management LP announced Wednesday.
GOLD ANALYSIS (Mineweb)
The gold rally that began last fall and drove the yellow metal through $1,200 doesn't seem to be panning out the way the rallies of 2005 and 2007 did says Brien Lundin. He hasn't lost hope but, he is a bit worries about this runs' breakout.
Sprott Completes Initial Public Offering of Sprott Physical Gold Trust (CNW Group via Yahoo! Finance)
Sprott Asset Management LP today announced that Sprott Physical Gold Trust has completed its initial public offering of 40,000,000 units at US$10.00 per Unit, for gross proceeds of US$400,000,000.
