Tag Archives: Gold

Assets, Financial, Financial Services, Investment, Personal Finance, Trading

With Gold Prices on the Rise, MyGold Says Now is a Great Time to Buy

An unexpected appreciation in the value of an item will most certainly attract the attention of investors and traders. At the moment, gold is at the center of attention, settling at $1,779 this week, with prices traded up to $1,784 per ounce. Analysts believe the price of bullion will easily reach $2,500 next year as central banks continue to launch cheap money policies and liquidities increase in global markets.

Financial experts believe that the price of gold could hit such an all-time high once the third phase of quantitative easing begins in the United States. If QE3 will further weaken the US dollar, central banks from all over the world are expected to switch a large part of their cash reserves into gold. In the first half of 2012 alone, central banks have purchased 254 tons of gold and the numbers could easily double by the end of 2012.

“Now it’s the best time to buy gold and silver bullion”, says CEO and owner of MyGold, an independent merchant of precious metals based in Auckland, New Zealand.“All investors consider gold a safe haven and a store of value. The risks in the currency market and the financial environment after the events of 2008 have increased investors’ attraction for gold. When all other assets turn out to be risky, gold is the only safe investment”.

Buying gold and silver from MyGold is made easy for customers through their user-friendly web interface and irreproachable customer service. All clients have to do in order to buy gold from MyGold is to access the range of bullion available on their homepage, fill out the enquire form and discuss all further details of the order with one of their customer support representatives. Customers describe their service as prompt and highly professional:

“Being a first time investor I was a little bit nervous about buying through a website, but the team at MyGold were happy to answer any and all questions I had to settle my nerves. Plus they keep in contact through the whole process, especially from purchase to delivery, the most important part. I am looking forward to the future when I can sell mygold bullion back to MyGold and perhaps buy more gold bars through them. One happy customer!” – Tyson.

Customers who want to learn more about the silver price or are interested in finding out how they can buy gold in NZ from MyGold can visit http://www.mygold.co.nz/

Via EPR Network
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Watch out for Fake Gold Bullion Bars

When you buy gold bullion bars these days you expect the metal to be pure gold but recently fake bars are being sold around the world and one of them was detected in the U.K. filled with tungsten. Detecting fake gold bullion is important to ensure that you retain the value of your gold bars.

When you purchase gold bars you expect them to be real gold bars, not fake. Fake gold bullion bars are those which have had the gold drilled out of them and the gold replaced by tungsten. Tungsten is a similar weight to gold and so the difference is not easily detected at once. But if you weight the bar there can be enough of a difference to warrant further inspection.

Many of these ‘gold’ bars can be in existence undetected as it is rare that anyone actually tests every individual gold bar they have. So when you buy gold make sure your product is pure gold and not fake. You can check for tungsten in the gold bars by melting them down and separating the different metals. Each metal melts at a different temperature so for example tungsten melts at a higher temperature than gold. This can be an expensive project.

Another way to detect fake gold bars is to weight them but the different weight between tungsten and gold is very hard to detect.

Here the ultrasonic instrument is coming to your rescue. It shows you whether the big gold bar has metal of consistent characteristics(pure gold). Or if it has a void area with tungsten buried below some millimeters of fine gold. Testing small bars, even if they are sealed in plastic foil (less than 0.5 mm thick) takes only a few seconds.

Finally, when you are buying gold bars make sure you are dealing with a reputable dealer and if you are buying large quantities of bars check them with an ultrasonic instrument.

Via EPR Network
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Financial, Financial Management, Financial Services, Investment, Trading

Banks May Soon Be Able To Buy Gold As Tier 1 Capital

The Basel Committee for Bank Supervision, the maker of global capital requirements and whose Basel III rules form the basis for global bank regulation, is studying making gold a bank capital Tier 1 asset. The purchase of gold may drive up its demand worldwide. In addition, gold should increase the value of the banks total capital.

Goldbullionadvisors.com is a consulting firm which helps the banking industry secure gold bullion from its worldwide suppliers. Most banks will purchase physical gold and retain possession of the bullion in their vaults to enhance its capital.

Under the proposal gold would carry a zero percent risk weighting under tier 1 capital. Gold is coming back into the banking system. We are in a world where currency wars are being fought daily, and as the system continues to collapse under its own weight of paper printing, gold will be the go to asset and possibly the last man standing.

For more information about our firm, please visit www.goldbullionadvisors.com

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Demand for Gold and Gold Jewelry Constantly Increasing

The demand for gold and gold jewelry is constantly increasing and that’s good news for average Americans who need extra cash. The reason it is good news for average people is that it means it will be easier than ever to sell gold in Oakland Gardens.

Even though the demand for investment or commodity gold and gold investments such as exchange traded funds is down the demand, for jewelry gold keeps increasing. It is really strong because people in India and China are buying more gold than ever. Much of the jewelry sold here is smelted down and sent over there. That’s good news for you because gold buyers can now afford to pay a better price than ever before.

Although the price of gold in the newspaper is falling, the price in your neighborhood could still be going up. The buyers still want to buy your jewelry and they’re willing to pay good price for it. New stores are opening all over the New York area and the mail-in buyers are paying more than ever before.

This means that now is a great time to clean out your jewelry box, safe or safety deposit box. Why keep paying to store what you don’t want when you could sell it for cash?

The huge demand for this metal means that buyers are willing to purchase items they would not have looked at just a few years ago. They are willing to buy scrap gold, gold dust, broken jewelry, chains, even old watchcases. Any item you have that you think might be made of gold, silver or platinum could be worth money. They are also willing to purchase lower karat gold including items that are 10 karats or less.

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Business, Financial, Financial Information, Financial Services, Investment, Money, Personal Finance

Trade in Gold – Risk Free

Is it really possible to invest in the gold market completely risk free? Well according to Best Invest in Gold the answer to that is a resounding yes. In conjunction with the launch of their new website, www.bestinvestingold.com, they are offering an incredible incentive to attract new investors.

With international offices in Milano, Italy, and Frankfurt, Germany, Bestinvestingold.com has been professionally branded for the retail investor in almost any country, be it the United States or the United Kingdom, to have access to information and trading platforms dealing in gold futures contracts not typically available through their brokerage accounts. In addition to the company’s new logo, it has selected as its tagline, “Trading Your Gold Futures”, to indicate not only its known expertise in trading the gold futures and gold options contracts, but also to communicate its message that in today’s economic environment, commodity and other type investors can look at gold trading as another alternative investment vehicle to build their future portfolios.

A spokesman for the company said that with gold currently trading in the US$1,200 area, and having tripled over the past eight years, he sees no reason for this trend to end. However, f r o m a trading perspective, it does not really matter which direction gold is moving as the company uses sophisticated trading models to lever up the investment for maximum returns by following short-term trends occurring on different exchanges in response to fast moving market conditions as they happen.

“It may not be uncommon for a U.S. based gold commodity investor to be familiar with The Chicago Board Of Trade or The Chicago Mercantile Exchange, but, just as an example, how many have taken advantage of the opportunities on the Dubai Gold and Commodities Exchanges which has historically been an international hub for the physical trade of not only gold, but also many other commodities? Being specialists based in Europe, we have been making these platforms available to American and European investors since 2005.”

In addition to receiving newsletters and updates regularly, Bestinvestingold.com has their unique first trade strategy for new clients. The firm will match you dollar for dollar in your investment and guarantee to absorb any loss through its tightly controlled risk management trading strategies. If the market moves in the planned direction, through the use of futures and options contracts, each dollar invested becomes more valuable by $1,000. Should the market move against you, the traders will sell out the position and send you back your investment plus ten percent (10%).

Thus, as the company boasts, “You really do have nothing to lose. When introducing a new client, we want them to know we are confident in our ability to make money for them as they deploy risk capital,” In conjunction with the release of the Bestinvestingold.com video website, the company is currently offering a free downloadable report titled, “The Five Reasons Gold Will Hit $5,000”.

Via EPR Network
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