Thursday, October 22, 2009
Affiliate Gold - Website Publisher.
The advice here can help you make money on affiliate program, maybe even as amuch as a few thousand a month. Click here to learn more Affiliate Gold - Website Publisher.
Wednesday, October 21, 2009
Turn you money into Gold not Trash!
Different people value gold in different ways and has lot meaning to them, some are emotionally attached to their gold while some might hate it, some use it a investment even as a currency too.
Since young I did not have any affinity and liking for gold. Many people have presented gold ring and chains to me but I always end up giving it to others. Only recently realized the true value of gold and started to learn more about this precious metal and come to realize that gold is the real money and all those man made moneys that are circulating are fake money! I was really ignorant about it and this truth is not thought in any schools and no one has talked about it. This is a hidden secret kept by those who knew it! While the poor although value this precious metal but, only as jewelry with emotion attached. We never considered it as a investment to get richer and the most importantly as a alternative currency (true money).
The only experience I had is when my family pawn gold for quick cash! Although this a better than borrowing money from someone else or from loan shark!, it only got us poorer! Gold when pawned will become a liability not an asset! Because it take money out of your pocket. The riddle is how to make gold to put money into your pocket thus becoming an asset for you. If you keep many jewelries but if it did not put money into you pocket it is still not an asset. Yes of course you can sell it to gain cash but it still not an asset until you sale it which many would not due to emotions attached to it.
So how to get more value out of gold? Well as for me gold should be use to bit inflation and to offset declining value of our currencies. The golden question is how to turn you money into something more value, instead spending and making your cash into a trash. Yes cash is trash!
Well if you are thinking on "investing" in gold - for cash!, What are gold-advocates doing investing in gold, or even worse, trading in gold, when all they will get out of it is what they already know will soon be worth less?
Cash is trash. If you're angling for cash, you are asking to crash.
If you "invest" (medium to long term) in gold, you'll get back trash.
If you "trade" (short term) in gold, you'll get back what soon will be trash.
Only if you buy and hold physical gold will you get value in exchange for trash.
Which one is the better bargain?
Yes, of course, cash is what we pay our bills with, so we all need it. But accumulating physical gold is the absolute best way to deal with the current (and future) situation. All currencies will depreciate against gold.
You work to make money. You spend what you need to spend, and the rest you use to buy gold. Do this every month, from now on. When you lose your job or need to liquidate some gold because you don't have enough trash to buy whatever you need in the future, liquidate only what you need, and keep building your "hoard" whenever you can.
By all means, buy some good gold and silver stocks, too - especially of companies that keep metal on reserve instead of cash. Maybe invest in a gold ETF. But make physical your mainstay. That way, you build value. If you don't trade gold, you deprive the enemies of gold of their number-one weapon.
And, what's more, you don't get wobbly knees every time gold dips a bit because some CB official somewhere is spitting hot air at the markets.
Currencies are in a downward spiral; even the "strong ones" will eventually follow. The dollar is no longer as pivotal to the world monetary system as it once was only a few years ago. Because of that, gold is no longer as "repressed" as it once was. It is still being "managed", to be sure, but the direction is now slowly upwards. It is no longer being suppressed at all costs.
That's why gold is not an "investment". It needs to be held for its own sake, not to make a stash of trash.
A suggestion: if your fingers are itchy, and you just have to trade something because it's so exciting, trade stocks. That way, at least you won't play into the hands of the bullion and central banks in their attempts to make gold look like trash - for the time being.
Then, if you're lucky and win in the stock-trading casino, take your winnings off the table and put them into gold. Physical gold, that is. But, when it comes to gold itself, the best advice is:
Don't trade it.
Don't "invest" in it.
Just buy it!
Got gold? Get gold! Go gold!
Since young I did not have any affinity and liking for gold. Many people have presented gold ring and chains to me but I always end up giving it to others. Only recently realized the true value of gold and started to learn more about this precious metal and come to realize that gold is the real money and all those man made moneys that are circulating are fake money! I was really ignorant about it and this truth is not thought in any schools and no one has talked about it. This is a hidden secret kept by those who knew it! While the poor although value this precious metal but, only as jewelry with emotion attached. We never considered it as a investment to get richer and the most importantly as a alternative currency (true money).
The only experience I had is when my family pawn gold for quick cash! Although this a better than borrowing money from someone else or from loan shark!, it only got us poorer! Gold when pawned will become a liability not an asset! Because it take money out of your pocket. The riddle is how to make gold to put money into your pocket thus becoming an asset for you. If you keep many jewelries but if it did not put money into you pocket it is still not an asset. Yes of course you can sell it to gain cash but it still not an asset until you sale it which many would not due to emotions attached to it.
So how to get more value out of gold? Well as for me gold should be use to bit inflation and to offset declining value of our currencies. The golden question is how to turn you money into something more value, instead spending and making your cash into a trash. Yes cash is trash!
Well if you are thinking on "investing" in gold - for cash!, What are gold-advocates doing investing in gold, or even worse, trading in gold, when all they will get out of it is what they already know will soon be worth less?
Cash is trash. If you're angling for cash, you are asking to crash.
If you "invest" (medium to long term) in gold, you'll get back trash.
If you "trade" (short term) in gold, you'll get back what soon will be trash.
Only if you buy and hold physical gold will you get value in exchange for trash.
Which one is the better bargain?
Yes, of course, cash is what we pay our bills with, so we all need it. But accumulating physical gold is the absolute best way to deal with the current (and future) situation. All currencies will depreciate against gold.
You work to make money. You spend what you need to spend, and the rest you use to buy gold. Do this every month, from now on. When you lose your job or need to liquidate some gold because you don't have enough trash to buy whatever you need in the future, liquidate only what you need, and keep building your "hoard" whenever you can.
By all means, buy some good gold and silver stocks, too - especially of companies that keep metal on reserve instead of cash. Maybe invest in a gold ETF. But make physical your mainstay. That way, you build value. If you don't trade gold, you deprive the enemies of gold of their number-one weapon.
And, what's more, you don't get wobbly knees every time gold dips a bit because some CB official somewhere is spitting hot air at the markets.
Currencies are in a downward spiral; even the "strong ones" will eventually follow. The dollar is no longer as pivotal to the world monetary system as it once was only a few years ago. Because of that, gold is no longer as "repressed" as it once was. It is still being "managed", to be sure, but the direction is now slowly upwards. It is no longer being suppressed at all costs.
That's why gold is not an "investment". It needs to be held for its own sake, not to make a stash of trash.
A suggestion: if your fingers are itchy, and you just have to trade something because it's so exciting, trade stocks. That way, at least you won't play into the hands of the bullion and central banks in their attempts to make gold look like trash - for the time being.
Then, if you're lucky and win in the stock-trading casino, take your winnings off the table and put them into gold. Physical gold, that is. But, when it comes to gold itself, the best advice is:
Don't trade it.
Don't "invest" in it.
Just buy it!
Got gold? Get gold! Go gold!
Coming Soon!
1. The real truth about money, currency and gold "the real money".
2. Bank Savings or Gold? Which will make richer?
3. Gold investement made simple!
2. Bank Savings or Gold? Which will make richer?
3. Gold investement made simple!
Tuesday, October 20, 2009
My First Gold Biscuit
Today, for the first time I change my cash into gold. The rate was 119RM per gram. I bought my first 5g 99.99 % pure gold biscuit, for a start.
Monday, October 19, 2009
Monday, October 12, 2009
Gold as Jewelry
Because of the softness of pure (24k) gold, it is usually alloyed with base metals for use in jewelry, altering its hardness and ductility, melting point, color and other properties. Alloys with lower caratage, typically 22k, 18k, 14k or 10k, contain higher percentages of copper, or other base metals or silver or palladium in the alloy. Copper is the most commonly used base metal, yielding a redder color. Eighteen carat gold containing 25% copper is found in antique and Russian jewelry and has a distinct, though not dominant, copper cast, creating rose gold. Fourteen carat gold-copper alloy is nearly identical in color to certain bronze alloys, and both may be used to produce police, as well as other, badges. Blue gold can be made by alloying with iron and purple gold can be made by alloying with aluminium, although rarely done except in specialized jewelry. Blue gold is more brittle and therefore more difficult to work with when making jewelry. Fourteen and eighteen carat gold alloys with silver alone appear greenish-yellow and are referred to as green gold. White gold alloys can be made with palladium or nickel. White 18 carat gold containing 17.3% nickel, 5.5% zinc and 2.2% copper is silver in appearance. Nickel is toxic, however, and its release from nickel white gold is controlled by legislation in Europe. Alternative white gold alloys are available based on palladium, silver and other white metals (World Gold Council), but the palladium alloys are more expensive than those using nickel. High-carat white gold alloys are far more resistant to corrosion than are either pure silver or sterling silver. The Japanese craft of Mokume-gane exploits the color contrasts between laminated colored gold alloys to produce decorative wood-grain effects.
Bullion Coins
A bullion coin is a coin struck from precious metal and kept as a store of value or an investment, rather than used in day-to-day commerce. Bullion coins are usually available in gold and silver, with the exception of the Krugerrand and the Swiss Vreneli which are only available in gold. The American Eagle series is available in gold, silver and platinum, and the Canadian Maple Leaf series is available in gold, silver, platinum and also palladium.
Bullion coins are also typically available in various weights. These are usually multiples or fractions of 1 troy ounce, but some bullion coins are produced in very limited quantities in kilograms and even heavier.
Bullion coins sell for a premium over the market price of the metal on the commodities exchanges. This is due to their comparative small size and the costs associated with manufacture, storage and distribution. The margin that is paid varies depending on what type of coin it is, the weight of the coin, and the precious metal. The premium also is affected by prevailing demand. The ISO currency code of gold bullion is XAU. ISO 4217 includes codes not only for currencies, but also for precious metals (gold, silver, palladium and platinum; by definition expressed per one troy ounce, as compared to "1 USD") and certain other entities used in international finance, e.g. Special Drawing Rights.
[edit] List of bullion coins
Australia: Australian Gold Nugget
Austria: Philharmoniker
Canada: Canadian Maple Leaf
China: Chinese Silver Panda
Isle of Man: Noble
Mexico: Libertad
Poland: Orzeł bielik
South Africa: Krugerrand
Switzerland: Vreneli
United Kingdom: Sovereign, Britannia
United States: American Eagle, American Buffalo
Bullion coins are also typically available in various weights. These are usually multiples or fractions of 1 troy ounce, but some bullion coins are produced in very limited quantities in kilograms and even heavier.
Bullion coins sell for a premium over the market price of the metal on the commodities exchanges. This is due to their comparative small size and the costs associated with manufacture, storage and distribution. The margin that is paid varies depending on what type of coin it is, the weight of the coin, and the precious metal. The premium also is affected by prevailing demand. The ISO currency code of gold bullion is XAU. ISO 4217 includes codes not only for currencies, but also for precious metals (gold, silver, palladium and platinum; by definition expressed per one troy ounce, as compared to "1 USD") and certain other entities used in international finance, e.g. Special Drawing Rights.
[edit] List of bullion coins
Australia: Australian Gold Nugget
Austria: Philharmoniker
Canada: Canadian Maple Leaf
China: Chinese Silver Panda
Isle of Man: Noble
Mexico: Libertad
Poland: Orzeł bielik
South Africa: Krugerrand
Switzerland: Vreneli
United Kingdom: Sovereign, Britannia
United States: American Eagle, American Buffalo
Gold as Medium of Monetary Exchange
Throughout the world gold was widely used as a standard for monetary exchange, but has been abandoned by world governments which have issued fiat currency in its stead. The amount of gold in the world is finite, but there is no limit to the quantity of paper currency which can be issued. At the beginning of World War I the warring nations moved to a fractional gold standard, inflating their currencies to finance the war effort. After World War II gold was replaced by a system of convertible currency following the Bretton Woods system. The last country to tie its currency to gold was Switzerland, which backed 40% of its value until the Swiss joined the International Monetary Fund in 1999.[8]
Pure gold is too soft for day to day monetary use and was typically hardened by alloying with copper, silver or other base metals prior to the advent of paper money. The gold content of gold alloys is measured in carats (k), pure gold being designated as 24k. Many holders of gold in storage (as bullion coin or bullion) hold it as a hedge against inflation or other economic disruptions. (The ISO currency code of gold bullion is XAU).
Gold coins intended for circulation from 1526 into the 1930s were typically a standard 22k alloy called crown gold, for hardness. Modern collector/investment bullion coins (which do not require good mechanical wear properties) are typically 24k, although the American Gold Eagle, the British gold sovereign and the South African Krugerrand continue to be made at 22k, on historical tradition. The special issue Canadian Gold Maple Leaf coin contains the highest purity gold of any bullion coin, at 99.999% (.99999 fine). The popular issue Canadian Gold Maple Leaf coin has a purity of 99.99%. Several other 99.99% pure gold coins are currently available, including Australia's Gold Kangaroos (first appearing in 1986 as the Australian Gold Nugget, with the kangaroo theme appearing in 1989), the several coins of the Australian Lunar Calendar series, and the Austrian Philharmonic. In 2006, the U.S. Mint began production of the American Buffalo gold bullion coin also at 99.99% purity.
Source: Wikipedia
Pure gold is too soft for day to day monetary use and was typically hardened by alloying with copper, silver or other base metals prior to the advent of paper money. The gold content of gold alloys is measured in carats (k), pure gold being designated as 24k. Many holders of gold in storage (as bullion coin or bullion) hold it as a hedge against inflation or other economic disruptions. (The ISO currency code of gold bullion is XAU).
Gold coins intended for circulation from 1526 into the 1930s were typically a standard 22k alloy called crown gold, for hardness. Modern collector/investment bullion coins (which do not require good mechanical wear properties) are typically 24k, although the American Gold Eagle, the British gold sovereign and the South African Krugerrand continue to be made at 22k, on historical tradition. The special issue Canadian Gold Maple Leaf coin contains the highest purity gold of any bullion coin, at 99.999% (.99999 fine). The popular issue Canadian Gold Maple Leaf coin has a purity of 99.99%. Several other 99.99% pure gold coins are currently available, including Australia's Gold Kangaroos (first appearing in 1986 as the Australian Gold Nugget, with the kangaroo theme appearing in 1989), the several coins of the Australian Lunar Calendar series, and the Austrian Philharmonic. In 2006, the U.S. Mint began production of the American Buffalo gold bullion coin also at 99.99% purity.
Source: Wikipedia
How to identify your jewelry metals
Gold: Generally gold can be identified by markings embeded somewhere on the item and will consist of a number, or numbers followed by the letters kt. These numbers would range from around 8kt, to as high as 24 kt. On occassion, gold will also have letters replaced with numbers such as .585 (14kt) or .750 (18kt). The higher the marking numbers, the more valuable the gold is. The most commonly created gold colors are: The normal yellow followed by white, and sometimes even rose, or green colored.
Silver: will contain one of the following character markings: "silver, sterling, or 925
Platinum: will contain any of the following character markings: .950 or PLAT.
Vermeil: This is gold plated silver, and would be valued out as silver.
Silver: will contain one of the following character markings: "silver, sterling, or 925
Platinum: will contain any of the following character markings: .950 or PLAT.
Vermeil: This is gold plated silver, and would be valued out as silver.
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