Gold Selling
The word on Wall Street…Gold should be used as ‘Wealth Protection’
Sep 23rd
Posted by maddaloni in Financial Crisis
The word on Wall Street…Gold should be used as ‘Wealth Protection’ especially when it hit 1300 on September 22,2010; we are now on the official “New Gold High”. Of course it is a safe investment, tangible and globally secure.
There are two thoughts has to why gold has been on the rise and catching the attention of hedge funds and investors alike. negative interest rates and gold not being valued as fiat currency. The faster currency is produced (fiat money) the deeper deflation will move in.
Analysts are suggesting a state of deflation will cause double dipping in the recession in months to come. Gold will be needed to provide protection from the apparent growth in deflation. Deflation will flatten everything in sight including base metals, commodities, housing, and job creation. The component of preserving wealth will be gold. Unlike junk fiat currencies, gold cannot be devalued. As a source of wealth protection purchasing gold bars is a strategic move on the investors side.
Be aware of your gold seller, luxury long island jewelers have their finger on the pulse of the gold market. Investment houses deal with an array of communities; specialization is key.
Gold bullion is available from Maddaloni in two convenient forms; the 10-ounce gold bullion bar of at least .995 fine purity is the standard industry unit. It is traditionally used for trading and storage, and can also be taken for personal delivery. Each gold bar is hallmarked by a leading refiner to certify weight and purity. Also available is the 32.15 troy ounce gold “kilo bar”…a one-kilogram bar of fine gold bullion of at least .999 purity. Manufacturers of these bars certify the weight and purity of the bullion content by imprinting their stamp or hallmark on each bar.
2010 new trends, Add new tag, economics, finance, gold buying, gold index, Long Island NY, Long Island Timepieces, precious metals, WHITE GOLD, YELLOW GOLD
| Print article | This entry was posted by maddaloni on September 23, 2010 at 11:36 am, and is filed under Financial Crisis, Financial Movement, Gold, Gold Selling, Long Island Jewelry, NY Jewelry, gold buying, long island jewelers, long island watch repair. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
May 20th…The Bullion Movement 2010
May 20th
Posted by maddaloni in Financial Crisis
In this economic climate diversifying your financial portfolio is one of the soundest investments to be made in 2010. Gold has become a fierce competitor in the financial market for several reasons over the past 18 months. Due to the falling production of gold globally, the international gold price per once continues to rise. The falling Euro has had a large imapct on the gold comex, simply due to its volitativity and unstable European economies.
The commodities market has seen an influx of consumers buying gold bars. Publicly traded companies have joined the bullion movement, causing a gain in recognition amongst financial institutions. Swordfish Financial, Inc.’s (SWRF) is a publicly traded company with revenue coming from the recovery or margin of stray and inactive assets. These assets originate from high net worth individuals and companies, held in financial institutions around the world. On March 8th 2010, Swordfish announced that they have entered into a Letter of Intent to exchange 623,950 shares of its common stock for 31,197,500 kilograms of Gold Bullion. This trend has streamlined tangible gold bars into a vital component amongst savvy investors.
The financial situation in Greece has spilled over to the entire continent. The first quarter reports saw falling euro numbers along with gold pricing reaching all time highs. The Greek Prime Minister George Papandreou requested that the European Union leaders meet to discuss the nation’s fiscal crisis. We can be assured that the gold comex was a hot topic and great discussion.During this meeting a 110 billion-euro package of emergency loans to Greece from the European Union and International Monetary Fund were guaranteed so the country will meet its debt obligations. Due to this news gold rose to $1235.00 and the euro sliped to $1.425, the lowest in 4 years!
Frank Lesh of FuturePath Trading LLC in Chicago said, “Investors want to hold a currency that’s going to maintain its value,” “Gold is a part of the currency crosses now. The international currency is gold.”
| Print article | This entry was posted by maddaloni on May 20, 2010 at 1:27 pm, and is filed under Financial Crisis, Financial Movement, Gold, Gold Selling, Long Island Jewelry, NY Jewelry, Trends, Uncategorized, gold buying, long island jewelers. Follow any responses to this post through RSS 2.0. You can leave a response or trackback from your own site. |
