Fed Chairman Ben Bernanke responded to the question of why central banks hold gold by simply stating, “tradition”. Gold does not produce earnings or dividends, many banks and investors do hold it for among other reasons traditions. However, a single ounce of gold the size of a pad/pat of butter, can sell for over $1,200 […]
What Is The Difference Between Silver, White Gold, and Platinum
Posted on May 26th, 2016 by Joe G
When you are shopping for jewelry you will notice that there are several different types of silver & white precious metal items. Some will be slightly gray in appearance. Some of these pieces are silver, others are white gold, and some could be platinum or palladium. How do you tell these grayish/silver metals apart? Gemstones […]
What Is Scrap Gold?
Posted on May 26th, 2016 by Joe G
The term “scrap gold” refers to any form of gold or precious metal that is sent to a refiner to be melted down and recycled. Therefore, any item that contains gold that is no longer of use to you, broken or reusable can be reprocessed and sent to refiner and be considered scrap gold. Gold […]
How To Get Cash For Your Gold
Posted on March 30th, 2016 by Joe G
Have you discovered scrap gold or old jewelry as you are cleaning out your jewelry box, drawers or closet? Maybe you have been passed down family gold that you have decided you no longer want? When the time comes and you decide you want to sell your scrap gold or old jewelry, we are here […]
2 Simple Ways To Determine If Your Gold Is Real At Home
Posted on March 22nd, 2016 by Joe G
Have you come across some gold in your home? Are you suspicious that it may not be solid gold and could be gold filled or gold plated? Here are 2 ways to test if your gold may not be 100% authentic. 1. Visual Inspection: The first step in determining if your gold is real, […]