I happened to be walking down the block anyway, so I was stopping along the way to look. Then in one window, I saw some items I had never seen before. There on display were three pairs of jeweled pistol grips.
Read MoreRemotes seem to be lying around everywhere, but that doesn’t mean they are worthless junk. They contain small quantities of precious gold that can be profitably recycled by a precious metals refinery like Specialty Metals Smelters and Refiners.
Read MoreNot long ago a gold investor we know was looking at two eyeglass frames he found at an antique store. One was worth more than $50.00 because it was old and gold-filled; the other was worth only a few dollars because it was new and thinly electroplated with only a tiny amount of gold. But the funny thing was, they both looked about the same.
Read MoreIf you’ve been following gold prices over the last month, you know that prices have been rising. A lot of theories are circulating about why this is happening, including:
Read MoreThe first question people ask after acquiring gold is, “Okay, now where do I keep it?” In today’s post, let’s review the advantages and disadvantages of popular places to store your gold.
Read MoreMost gold heists are executed by clever thieves who plan for months or years and then execute their crimes under the cover of darkness. But not all thefts are like that. In today’s post, let’s look at some lessons that the heist teaches about the gold you already own.
Read MoreIf he carries through with his plans and withdraws our country from both trade agreements, what will that mean for the price of gold, both in the U.S. and internationally. In truth, it is a bit difficult to predict, but here are some factors that could affect the price of gold.
Read MoreDid the headline of today’s post make you think, “That headline must be a mistake… why would anybody be happy if gold prices fell into the basement?” But there might be reasons for gold traders to rejoice if gold prices fall. We will explore some of them in today’s post.
Read MoreThe GoldRefiners.com editorial team had a very busy 2016, writing a total of 45 blog posts on a variety of topics. Some posts contained only nuts-and-bolts advice on finding gold. Others covered politics and trends. And some were a little wacky. Yet we did our utmost to deliver practical, usable advice in every post we wrote. In today’s post, we’ll organize those 2016 posts by topic, so you can quickly find the information you’re looking for.
Read MoreIvanka Trump, the glamourous daughter of our new President-elect, is wealthy enough to wear just about anything she would like. And what does she wear? Gold jewelry, of course, and items of clothing that look like gold. The question is, will she wear it so often, and so visibly, that she will trigger a new demand for the precious metal and cause gold trading prices to rise?
Read MoreUnless you’ve been hiding in the mountains for the last six months, you know that we have been experiencing a period of political and economic uncertainty in our United States. And do you know what? Now that the election is over, that uncertainty is not going away. It is settling in for a nice long stay and we had better get accustomed to it.
Read MoreDid you ever have a best friend you relied on through thick and thin? We’ve all had friends like that. And as recent news stories have documented over just the last few weeks, gold serves as that kind of steady friend for investors. Just look at a few recent headlines…
Read MorePeople around the world aren’t waiting breathlessly to make financial decisions until after our election. They’re already buying and selling gold, buying and holding gold, and applying all kinds of strategies to profit from the metal. Just recently, for example, China acquired an estimated 11 tons of gold and salted it away, which helped drive up prices. Russia is buying up reserves of gold too. So chances are pretty good that those activities will continue, so the trading price of gold isn’t about to fall anytime soon – not even after our November election.
Read MoreHave you been watching the Olympics? Are you filled with excitement whenever your favorite athletes climb to the top spot on the prizewinners’ stand to receive their gold medals? It’s a true crowning achievement in the lives of those elite competitors. How many people, after all, earn the most important awards in their professions? How many people work that hard for years and then see their labor repaid in such a visible way?
Read MoreYes, things are about to change in Great Britain, and possibly in other countries that might also chose to withdraw from the E.U. But before we get too concerned about our English and European cousins, let’s ask an even more important question: Do you have to pay duties on gold that you bring into the U.S. today?
Read MoreIn 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” and “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?
Read MoreAre rare old books that sell for millions of dollars dripping with gold? To answer that question, let’s consider three of the most expensive books ever sold at auction…
Read MoreStories have been making the news lately about a new vending ATM machine dispenses gold bullion bars. The company that makes the machines, Gold to Go, says that it has installed its machines in Dubai, Germany, Spain and the USA. There are even videos to watch online that show the machines being used by customers. They walk up, deposit bills or slide in a credit card and pick the bullion they want to buy.
Read MoreThe good news is that you found a lot of gold. The bad news is that you probably have to declare the value of the gold as income when you file your taxes and then pay income tax on it. That’s the lesson we learn from a now-classic court 1969 case called Cesarini v. United States. We’ll tell you all about that court case in a minute, but for now let us say that we’re only telling you about it for informational purposes and are not offering you legal advice.
Read MoreDuring the great gold rush, some prospectors were fooled by fool’s gold. It doesn’t happen often these days but sad to say, people continue to make other foolish mistakes about gold – and lose money. Let’s take a look at some of costly blunders people still make when buying or selling gold today.
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