Contrarian Investing – Why Recycling Gold, Not Buying It, Is the Best Hedge against Brexit
/In the few days since Britain’s referendum vote to leave the European Union, we’ve seen headlines like these about gold…
“Investors Move to Buy Gold as Hedge against Brexit Losses”
“Gold Prices Rise after Britain Decides to Leave the EU”
Do you notice anything funny about those headlines? If you consider them side-by-side, you see a problem...
It the price of gold has already surged, why buy it now?
After all, the way to make money from an investment is to buy something at a low price and then sell it for a higher price, right? But let’s put those considerations aside and consider two logical ways to profit from investing in gold right now.
Strategy One: Increase your holdings in gold-bearing scrap and other recyclable sources of gold
The good thing about collecting and recycling stuff that contains gold (like old electronic devices, jewelry scrap, dental scrap, plating tanks, sputtering targets, etc.) is that you are increasing the value of the gold they contain, not just buying and holding it.
Here’s an example. If you buy a load of old gold-filled eyeglass frames for $200 and then recycle them and get $400 for the gold they contain, you have actually increased the value of the gold that you owned. In contrast, let’s say that you buy an investment-grade gold bar for $1,100; if you do, you’ve bought an investment that can only increase in value if the trading price of gold goes up. So collecting and recycling items that contain gold offers you a way to make money that doesn’t depend entirely on trading prices.
Strategy Two: Open a Specialty Metals Gold Pool Account
You send us your gold-bearing items, we tell you their value, and we agree to recycle them and extract the gold they contain when their value reaches a point that you specify. We then pay you for them. This investment option lets you lock in the price today on the gold that you want to liquidate tomorrow. So in essence, you are immunizing your gold holdings against price fluctuations.
Why Not Call us at 800-426-2344 to Learn More?
The immediate prospects for profiting from gold bullion and coins look a bit iffy. But the opportunities for buying and from recyclable gold look very good indeed. Why not call us today to discuss an investing opportunity that can let you profit long-term by recycling gold?
Related Posts:
What Will Happen to Gold Prices if Donald Trump Becomes President
Do Gold Prices Rise More Under Democratic or Republican Administrations?
How Smart Gold Investors Profit from Unexpected Events
Selling Your Gold: What’s the Difference Between an Appraiser and an Assayer?
