News & Info

October 31, 2008

Writing with Gold

Filed under: All Gold, Blog — Tags: , , , , — GoldGuru @ 5:59 am

Depending on your age and experience, you may be familiar with the fountain pen. Before we had disposable pens that were ready to help us write at a moment’s notice, one of the writing instruments that people used were called fountain pens.

With the very first fountain pens, you had to dip the pen in ink in order to write. Later there were fountain pens that you could fill with, for lack of a better word, ink cartridges.

Mixing some of the old with the new, scientists have created a device that works like a fountain pen, but instead of placing ink on a page, this pen “writes” or places nanomaterials on a page. This pen uses a solution made of protein to write or put these nanomaterials such as gold nanoparticles on a page.

While they were coming up with the design for this pen, the scientists involved used gold nanoparticles in their research. They experimented with just how they could get this pen to place gold nanoparticles on a page. I imagine it took them a while to get it just right and that there were many times when they looked at a page and saw no glitter and no gold.

While you may not have or need such a pen, you can use gold to write yourself a check of sorts. When you sell gold to a gold buyer, you will be writing out your own ticket to get cash for gold.

The makers of the original fountain pen intended for it to be used to write things in ink. They probably couldn’t imagine that years and years later, scientists would come up with a way to use the fountain pen to place gold nanoparticles where they need them. Although they have discussed “writing” with tiny gold particles on a page, it is likely that these scientists have further uses for this creation in industry and experiments. There a re probably situations where someone needs a little bit of gold to be placed somewhere delicately so a machine can run, and that is where this fountain pen will come in handy.

Sometimes the gift of gold does not come from wearing it, or getting it in a box that is wrapped up in ribbons, but from selling gold and reaping the benefits of its value that way. You may be thinking that you want someone to give you some gold or buy you something made of gold and perhaps they already have—what they didn’t know was that this gift would give in many ways. You can sell that gold you were given as a gift to a gold buyer and get cash for gold.


October 29, 2008

A Little Gold Goes a Long Way

Filed under: All Gold, Blog — Tags: , , — GoldGuru @ 5:56 am

Gold is used in fuel cells, but you may be wondering what exactly it is that fuel cells do. A fuel cell’s basic function is to change chemical energy into electrical energy. A typical fuel cell will have a number of bipolar plates. These bipolar plants serve to encourage corrosion resistance and to cut down on contract resistance to help the process along. Gold can be used as a coating for these plates.

Now when it comes to something like gold jewelry, any gold is good, but you would probably prefer to have something that is solid gold. Gold-plated jewelry certainly has its value, but it does not have the same kind of value as jewelry that is made up of much more gold.

Yet in the world of fuel cells, you would not attempt to convert chemical energy to electrical energy using a plate that is made completely of gold. So sometimes a little gold is good, as it is when in comes to fuel cells. And at other times, a lot of gold is preferred.

Still, having some gold is good even if you don’t have a lot. Gold has an incredible number of uses and forms and all of them are valuable in their way. A little gold goes a long way when it comes to a fuel cell and you may find that it can go a long way for you too.

Even if you only have a little bit of gold–one gold ring, one gold cufflink, one gold bracelet–you will find that selling that gold to a gold buyer may bring you more cash for gold than you imagined. A gold buyer will not turn you away because you do not have a treasure chest filled with gold to sell. In fact, it is quite possible that your small gold object—be it a piece of gold jewelry or one gold bar—may contain more pure gold than a truckload of gold objects that someone else has to sell.

As we were saying, gold is valuable in its various forms. So even if you have gold jewelry that is broken, it is still worth something. A gold buyer will be happy to take your broken gold jewelry because they will not be trying to wear it out for a night out on the town. After giving you money for gold, a gold buyer will melt down your gold objects in order to extract the pure gold.


October 27, 2008

Selling Gold Coins at the Post Office?

Filed under: All Gold, News — Tags: , , , — GoldGuru @ 6:53 am

In the United States, people are finding that gold coins are hard to come by. This, however, is not the case in India. In that part of Asia, there is a high demand for gold coins, but thanks to a new venture of India Post people need not put their names on waiting lists. One can get 24 carat gold coins at post offices in some parts of India. The addition of post offices as possible venues to sell gold coins came about after people lined up to get gold coins. Can you imagine being able to get gold coins at the post office in the United States? You would certainly feel differently about standing in line at the post office.

This past Sunday was the eve of a holiday in India. And this particular holiday has long been considered a good time to buy precious metals, such as gold. Just as stores are open on holidays in the United States, some stores will stay open even after Sunday to accommodate customers who want to buy gold coins. You, however do not have to open up a store front of have extended hours to sell gold. You can go to the computer and “visit” an online gold buyer who will send you all you need to have your gold evaluated and sold, so that you can get cash for gold.

We’ve told you about how the U.S. Mint, the Royal Canadian Mint and others have decided to scale back production.  Last month, the U.S. Mint exhausted their supply of one ounce American Eagle and one ounce American Buffalo coins. The mints in the U.S. and in Canada are being very conservative about producing more gold coins and at the same time they are not readily letting people purchase the ones that they have already produced. Some people have put themselves on waiting lists to buy gold. So if you have gold coins then you are now one of the cool kids and everybody wants what you’ve got. Take advantage of the fact that you have gold coins, which are a hot ticket item. Gold coins are always in demand, mind you. We’re just noting that right now people are even more interested in them because they are not as plentiful as they have been in the past. Sell gold coins to a gold buyer and you are certain to get a very handsome amount of cash for gold.


October 24, 2008

The New Gold Rush

Filed under: All Gold, Blog — Tags: , , — GoldGuru @ 7:22 am

During the original California Gold Rush, gold was discovered at Sutter’s Mill and people went crazy. The gold rush started in 1848, although it is usually associated with the year 1849, and lasted until 1855.  Hundreds of thousands of people made their way to what is now known as the state of California in search of gold, and probably some fame and fortune too.  And they did not just come from different parts of the United States–they came from all over the world.

These gold-thirsty adventurers really took some big risks, especially those who came from overseas. They had no guarantee of finding the gold they sought and they were going into unknown territory. The United States was the country that it is now and California was still the unpolished wilderness. But the desire for gold outweighed any concerns of danger or failure as people poured into that area hoping to find the gold that would change their lives.

Today’s gold rush is a little different, however. People are not getting into wagons or on horseback and heading to the unknown frontier to seek their fortune in gold. Instead they are getting into their cars and hopping on buses and subway systems seeking in much more, shall we say, refined circumstances. Although are not literally kept on shelves, gold bars and gold coins are flying off of the shelves in the figurative sense.

They may not be toppling over each other or gathering in great crowds, but these eager seekers of gold have still created a rush. So much so that in one Western state, they have declared a veritable gold emergency. Many sellers of gold coins have been wiped out. One state that all he had left was a once-ounce gold coin from China. Other establishments that sell gold say that they have put eager gold seekers on a waiting list to for gold products.

It is the old story of supply and demand. Demand is sprinted way past supply, while suppliers are still trying to catch their breath. The more people who buy gold, the harder it is to find gold to buy. This means that some people who buy gold are getting a little nervous and are willing to pay top dollar for it. So now is the time to sell gold to a gold buyer. Just think—you won’t even have to travel across the country. You can sell your gold to an online gold buyer who will send you everything you need for transact the sale of gold without you needing to leave town.


October 22, 2008

Turn Gold Dental Scrap Into Gold Treasure

Filed under: All Gold, Karat — Tags: , , , , — GoldGuru @ 6:50 am

You know what they say, ‘one man’s trash is another man’s treasure.’ This is even true when it comes to old dental crowns. If you have held onto old dental crowns that contain gold, now that the price of gold has risen, it is the time to sell them to a gold buyer and get cash for gold.

When it comes to selling dental scrap, your trash actually becomes your treasure. Your old gold crowns are something that you are no longer using in the way they were intended, but instead of handing them over to be tossed into a landfill, you can reap even more benefits from your dental scrap. Your trash becomes treasure when you sell dental scrap and for profit.

It is likely that your dentist did not give you a breakdown of just how much gold was in your gold crown. But somehow, instinctively you know that there is a sufficient amount of gold in your old gold crowns. Dentists use different alloys so you will not be able to tell by just looking at a gold crown. You need to see the expertise of a gold refiner to understand the true value of old gold crowns.

For the most part, the alloys that dentists use to make dental crowns contain between 10 and 22 karats. If you have a gold crown that is 20 karats, then it is about 80% gold. While if you have a gold crown whose karat content is on the lower end of the range, say 10 karats, you have a piece of gold scrap that is 40% gold.

Your dental scrap, even though it has not been etched or designed the way gold jewelry has been, must still go through a refining process. If you go to someone who buys gold in your area, they may just weigh your dental scrap and not actually test it. When you take you gold scrap to someone who weighs it, that person will give you a standard rate without really determining the true value of your gold.

However, if you send your gold to a gold refiner, such as cashfordentalscrap.com, they will provide you with a postage paid envelope so that you can send them your scrap gold and have it tested to find out what your gold is really worth. Rather than get a standard rate for your dental scrap, you may get more depending on how much gold it contains.


October 20, 2008

Forget the Goose, Sell the Gold You Do Have

Filed under: All Gold — Tags: , , , — GoldGuru @ 6:15 am

Have you ever heard the story of “The Goose that Laid the Golden Eggs?”  It is said that this story is one of Aesop’s Fables and we are happy to give him credit, since we cannot say whether or not he really existed.

As the story goes, a man and his wife had a goose that would provide them with a golden egg every single day. As it is in these types of stories, we never really hear anything about where they got such a goose. How can one obtain an animal that would provide something so very valuable as eggs made of gold?

But back to the couple who had the good fortune to possess a goose that laid golden eggs…Since the eggs that it produced were made of gold, than man and his wife reasoned that the goose had to have innards of gold? How else could an animal lay eggs made of gold unless it too was made of gold? This man and his wife imagined something akin to a golf factory must await them on the inside of this goose.

So they killed the goose, thinking that they would get to more gold that way. After all, who has time to wait for a golden egg?

To their dismay, upon opening up the goose, the man and his wife learned that the golden eggs were produced by some special alchemy that they knew nothing of: their golden goose had the insides of any other goose. (If you don’t know, the idea behind alchemy is that if you are trained correctly of endowed with special powers, you can take a metal that is not gold and turn it into gold. Like the story of the golden goose, the science behind alchemy has proven to be mythical.)

There are many lessons to be drawn from this story. And indeed, scholars and poets alike have all put their spin on it.

If that farmer and his wife had recognized what they had, they certainly would not have killed anything that provided them with so much gold. These days, gold is commanding a high price. Imagine how much cash for gold you could get if you had eggs made of gold to sell on a continual basis? You might not have such a goose, but you may have gold coins, gold bullion or gold jewelry that you can sell. Sell gold to a gold buyer and get money for gold.


October 17, 2008

Why We Turn to Gold in Tough Times

Filed under: All Gold — Tags: , , — GoldGuru @ 7:21 am

We all know that when times get tough, people turn to gold. But why is that exactly? Recently, one publication tried to answer this question and they had mixed results.

On the one hand, the writer concluded that having gold as a backup is just so ingrained into out culture that we can not help but look to gold in when the economy get shaky. So in that sense, our desire for gold is irrational.

But the article went on to cite some very good reasons why people seem to continue to go for the gold.

Gold is rare
We place a much higher value on things that are rare, as opposed to things that are readily available, like dirt, for instance. How much gold is there in the Earth’s crust? One part per billion. That means that gold is not in endless supply and that it is something that everyone can attain.

Gold is indestructible
Gold does not corrode easily or react easily to exposure to other metals and chemicals. Gold is much sturdier than say, paper money.

Gold is a tangible, physical commodity

Throughout the history of the world, people have used the accumulation of various assets as a basis for wealth. In rural and nomadic communties, livestock is a basis for wealth, but livestock grow old and die. Gold does not. And when it has outlived its usefulness in one form, gold can be melted down and remade into something else. You cannot do this with cattle.

Gold can be divided
Again, back to the livestock–you can divide a herd of cattle by the fairest means possible and it still won’t be fair. If I promise to pay you in gold, we have ways to measure the payment. With goats or cattle, you have to make sure you are getting a certain amount of healthy animals who are able to breed.

Once we left livestock behind, people did use gold as a basis for wealth, but even then they didn’t use it to back currency such as the dollar. For a long time gold was money. Keeping your money in the form of gold was a simple way to store it. Instead of having a large amount of your country’s currency, you could convert it into gold.

Gold represents security in a way that no other precious metal does. Some of us want it for that purpose. Others have gold that they want to trade for some security now, rather than hold onto it. If that is you, you can sell gold to a gold buyer and get cash for gold.


October 15, 2008

Financial Expert Points to Demand for Gold

Filed under: All Gold, Blog — Tags: , , — GoldGuru @ 7:33 am

Just this week, an economist who is also in a top position at a well-known investment firm went online to answer consumers’ questions about their finances and the economy. Glancing at the answers, hoping to get a little advice proved to be a wise move. The discussion backed up some of what we who write on this blog have been saying for a good while now: this is a fantastic time to sell gold. But in case you have not taken our word for it, you can also turn to those who are quite knowledgeable about how economics works.

One of the consumers who wrote into an online forum to financial advice is someone who has been of the opinion that the market has been unnecessarily inflated for quite some time. This person is now thinking about moving some money into stocks.

Rather than discuss stocks and bonds or give advice about which were the best places for the would-be investor’s money, this economist flat out said that gold would most likely be the best investment for this seeker of financial advice.

So if financial advisers are going on the record telling people to invest in gold and at the same time, the U.S. Mint and others are saying that they do not have enough gold to satisfy demand, then that means that a lot of people will be looking for gold. Not only will they be looking for gold, they will be willing to pay a good price for it.

If you have gold to sell, you have something that a lot of people are looking for right now. In this troubled economy, the value of the dollar is rapidly weakening. When the dollar weakens, the price of gold goes up. And these days, it is going way up.

Plus, there has been a slowdown in gold production. Gold producers are producing less gold. But this slowdown in production has not been accompanied by a similar slowdown in demand. If anything the demand for gold has increased. This means that you can get a good amount of cash for gold if you sell your gold. It is needed since production has slowed.

You don’t have to be an economist or financial expert to know that the time to sell something is when people really, really want it. You can reap the benefits of selling gold that you do not want and do not use. It is not a big sacrifice to sell unused gold, be it broken gold necklaces and bracelets or old gold coins.


October 13, 2008

Get Cash for Unused Gold

Filed under: All Gold, Blog — Tags: , , , — GoldGuru @ 6:22 am

Sometimes you go looking for one thing and find something you didn’t even know you had. Often, that is the best way to find something: look for an entirely different thing.

A married couple in Great Britain managed to strike gold while there were out searching for metal with a metal detector. They were looking for metal, but they probably were not looking for the 18 karat gold ring that they found. And being such Good Samaritans, they are actually actively looking for owners of this gold ring so they can return it to them. From all appearances, the ring would have belonged to a man. It has an inscription and bears the date of 1947. So this man has been without his gold ring for quite a while.

The couple who found the 18 karat gold ring were also married during that very same year that is inscribed in the gold ring. Isn’t that amazing? So they are really eager to return it because they have an appreciation for the value of such a gold ring and sentiments that it represents.

People do find gold jewelry and other gold objects, and depending on the objects origins, they may look for the original owner. When an amateur historian found a gold ring in Scotland not too long ago, he knew enough to know that the owner of that gold ring was long gone. It just so happened that this particular gold ring was identified as a bishop’s consecration ring from the 13th century.

Now as great as it is to find gold jewelry, do you really want to be on the other side of the equation? In other words, do you want to be the person who loses sight of their gold jewelry? That means that you would not benefit from the gold very much. And this may very well happen to you if you don’t take stock of what you have.

Maybe you were going through old drawers looking for one thing and came across some unused gold jewelry. Did you just set this gold jewelry aside? Did you ignore gold jewelry like gold rings, gold bracelets, gold necklaces, gold earrings that you just do not wear anymore? If you did, know that it does not have to sit waiting to be discovered. You can sell gold to a gold buyer and get cash for gold that you can use now.


October 10, 2008

How to Strike Gold

Filed under: All Gold, Blog — Tags: , , — GoldGuru @ 7:58 am

Back in the day when someone was hoping to strike gold, they were hoping to find evidence of gold somewhere, hence the term striking it rich. If someone struck or found gold, you knew you were in the money. Then, they could get a crew together and start mining the gold. Mining gold took a lot of hard work, but it was well worth the effort.

These days we strike gold all the time with very little effort on our part. Even now, as these words are being typed, the computer is striking gold. There is a gold circuit in the computer that helps to communicate the key stroke commands to the computer’s microprocessor. But in this case, each time you touch a computer key and strike gold, you may or may not be close to reaping a financial reward.

Each time someone uses a touch tone phone, there are also striking gold. There is gold inside a touch tone phone and the phone would not work without this gold. Your car also has gold working on the inside to do things like deploy the air bag. But we hope that you do not need it! That is one instance where striking gold would not be such a good thing.

Another way that you can strike gold, besides using it in everyday products, is to do a little digging of your own. While it is fun to have an array of objects around the house, what good do they do you if you don’t really us them? Those old gold coins aren’t of much use to you sitting in a bag. Gold cufflinks that you vow to use for a special occasion and then forget are not of much use either.

You can strike gold right in your own house, without setting foot outside or getting the least bit dirty. All you have to do is gather up your unwanted gold items, like old gold jewelry, broken gold watches, and gold coins so you can sell that gold to a gold buyer.

Unlike gold miners of old, you will not even have to break a sweat. An online gold buyer will be happy to do the heavy lifting for you. You just send them your gold in a pre-paid envelope and a gold buyer will give you cash for gold in exchange. Striking gold has never been so easy.


Newer Posts »
 

Powered by WordPress