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Sell gold | Need Good Information About Gold Look Here! | Occupyamarillo.org

Sell gold | Need Good Information About <b>Gold</b> Look Here! | Occupyamarillo.org


Need Good Information About <b>Gold</b> Look Here! | Occupyamarillo.org

Posted: 28 Jun 2014 11:22 PM PDT

Gold is a dependable investment, and many people are looking to it because of currency's declining value. Gold is probably the most popular of the precious metals people invest in, and the value is increasing greatly as the value of the dollar decreases. This article contains the tips and tricks you need to successfully trade gold.

TIP! Gold fluctuates a lot, so be aware of the purchase price before selling your gold. Pieces with differing karat values are worth different amounts, and should be weighed separately for selling.

You'll want to know just how much your gold will be worth when selling it. If you are selling gold, sort it by karat so that it can be valued separately. Never sell any jewelry as gold scraps that's worth more than the gold itself due to the designer.

Why not make money selling your gold to online buyers? You no longer have to go to a store to sell your gold. You can find a lot of websites to sell gold. The website will send special kits where you are to return your gold items. As soon as your items are verified, you receive an appropriate payment.

TIP! When you sell gold, deal with a reliable buyer. Get with the Better Business Bureau or check out reviews online if you'd like to learn about someone's business.

Look at the spot price of gold before selling. This can help you discern whether you're being offered a good price or not. Dealers typically give a fair price, but there are some unscrupulous ones out there. They may take advantage if they think you want to unload your piece fast.

Be sure to consult the spot price on the day when you plan to purchase gold. This information is available on a number of websites. As you prepare to make a purchase, it is best to avoid any price with a markup of greater than 8 percent. Be on the lookout for any unscrupulous dealers who try to get away with overcharging you.

TIP! You may shy away due to gold's price, which may make you go for gold-filled or gold-plated jewelry instead. You can still buy gold jewelry without spending a ton at a jewelry store.

Buying gold can be exciting, but you might not want to tell a lot of people about it. You have no way of knowing who might overhear your conversation and who is truly trustworthy. Keep it to yourself and protected, either with a decent home safe or in a bank. This protects you as well as your gold.

Know exactly what you have. There are many things that look like gold, but are completely worthless. Usually other metals are combined with gold to provide more strength. These metals can reduce the value of gold. Items can also be plated with gold. If you are unsure of what you have, you may want to get it appraised prior to going to sell it.

TIP! Do your research and know what the latest gold price is before you sell your jewelry. That is going to help you figure out whether you are being offered a good deal.

When selling gold, research the market price. You also ought to do some comparison shopping when it comes to assessing price on similar items. You will get a general idea of the kind of price you can get. Always ask for a bit more than you really want in order to allow for negotiation.

A magnet can help you determine if a gold piece is solid. Gold, unlike other metals, will not be attracted to a magnet. The clasp may be solid gold, but it's possible that the piece is almost entirely gold-plated. A magnet can help test jewelry quickly.

TIP! Only buy gold jewelry if you can return it. People's preferences in jewelry are different, and the piece might not fit the person.

Be sure to have your jewelry appraised before you decide to sell it. This is particularly important for unique pieces with detailed craftsmanship. Knowing the true value of a piece can make it well worth the cost of appraisal. A credible appraiser can probably connect you with someone who is likely to be highly interested in what you have to offer.

Solid Gold

TIP! One quit and cheap method of finding out whether or not gold is real is to use a magnet on it. Precious metals do not respond to magnets.

Sometimes an item will have solid gold backing; although, the jewelry is not solid gold. Quite often, necklace clasps and ring bands are real too. Since these items are so small individually, it's best to sell them together in a larger lot. You may be able to sell them for more as a bunch.

Look at the BBB before selling gold to jewelers, dealers, gold buyers, and the like. This agency can give you a good indication of whether the business you are dealing with is on the up and up. Look at the complaints to see whether or not they were resolved. Avoid using any business that has a lot of complaints or unresolved complaints.

TIP! Inquire with the area BBB prior to selling gold items to jewelry stores, dealers or any other sort of buyer. The BBB's website will share any negative reports made against a company through the BBB's service.

When selling gold, separate your pieces based on their karat values. Gold is valued by its purity in karats, so if you mix up the karat values, you will not get the best price for them. Gold with higher karat value is worth more money.

To make sure you get a fair deal, conduct sufficient research on your gold buyer. Gold dealers who do not have a storefront need to be researched intensely. Any company you want to do business with should be BBB listed so you can check into them.

TIP! One way to sell gold is through the mail. This is an easy way to get the job done.

If you are new to gold investing, keep it simple. Try to avoid gold futures investments. Futures markets are extremely complicated and highly volatile, too much so for most investors, much less beginners. It's very easy to lose money if you're not sure what you're doing. These sorts of complex investments are better suited to experienced investors.

If a gold item also includes gemstones, they can be retained once the piece goes through the melting process. But, it could be hard to take them out of the gems are tiny. Most places won't want your small gems since they're not worth much after the jewelry is melted.

TIP! Only buy from a dealer you know. To help ensure you are buying from a reputable dealer, contact your Better Business Bureau.

If you are interested in purchasing gold, keep an eye out for gold coins made in the United States prior to the 30s. They were circulated until being recalled by Roosevelt. But, lots of folks held onto their coins, which still hold significant value.

Stock Market

TIP! Do not sell your gold for no good reason. Gold prices always go up.

If you are looking to sell gold coins, do it when gold values are at a peak. Remember that there are daily fluctuations in the stock market. If you know a little about the stock market, making good money is a possibility. Keep an eye out for the market to rise, then sell your gold on an upswing.

When it comes to investing in precious metals, there is no one-size-fits-all approach to making money. Some people have preferences for bullion or gold coins, whereas other people like buying stock in silver or gold. Hopefully you now have a better understanding of the different ways that you can invest in gold.

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Buying 100,000 tokens for 1.1k <b>gold</b> add me if you want to <b>sell</b> to me

Posted: 28 Jun 2014 10:28 AM PDT

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TF Metals Report: Morgan bought <b>gold</b> to <b>sell</b> it for price control - GATA

Posted: 18 Jun 2014 08:01 AM PDT

11a ET Wednesday, June 18, 2014

Dear Friend of GATA and Gold:

Analyzing gold futures market position data, the TF Metals Report's Turd Ferguson writes that JPMorganChase & Co. seems to have acquired its big long position in gold last year and early this year only as ammunition for selling to control the monetary metal's price. Ferguson's analysis is headlined "Considering the Latest Bank Participation Report" and it's posted at the TF Metals Report here:

http://www.tfmetalsreport.com/blog/5832/considering-latest-bank-particip...

CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.



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