Fool's Gold
May 9th 2010 16:29
You see and hear them and they come out full force in 'tough' times. The ads about giving you top prices for your gold items. Many are more than willing to sell all they can to make ends meet or just for the cash. This is a classic case of how a fool and their money are soon parted!
There are TV gold buyers, local buyers and buyers who advertise in newspapers and magazines. Sometimes people find that they may have gotten more money from one than the other. But much like discovering fake or 'fools' gold the rush of money far outweighs the call for wise money that withstands the test of time.
Of every investment on earth, gold is stable and even though prices may drop, it always recovers in a ten fold capacity. No matter what, gold is recognized and accepted in every country on earth.
As far as gems, diamonds may be forever, but like a new car, their value drops as soon as you buy it. Even though you may get a pretty penny, you will never get what you paid.
I highly recommend buying and holding on to gold. I may not be a financial adviser, but selling gold, especially in hard times, is not a wise move. Check out the 'short' term gold prices. Compare them to historical gold prices.
It is by far the metal and investment that has withstood the test of time. In hard times like we are in now, maybe you should think of buying gold. If you know people, or talk to people, that want to sell their gold, offer them a better price than they have been offered. For the GOLD only and not the jewelry!
There are TV gold buyers, local buyers and buyers who advertise in newspapers and magazines. Sometimes people find that they may have gotten more money from one than the other. But much like discovering fake or 'fools' gold the rush of money far outweighs the call for wise money that withstands the test of time.
Of every investment on earth, gold is stable and even though prices may drop, it always recovers in a ten fold capacity. No matter what, gold is recognized and accepted in every country on earth.
As far as gems, diamonds may be forever, but like a new car, their value drops as soon as you buy it. Even though you may get a pretty penny, you will never get what you paid.
I highly recommend buying and holding on to gold. I may not be a financial adviser, but selling gold, especially in hard times, is not a wise move. Check out the 'short' term gold prices. Compare them to historical gold prices.
It is by far the metal and investment that has withstood the test of time. In hard times like we are in now, maybe you should think of buying gold. If you know people, or talk to people, that want to sell their gold, offer them a better price than they have been offered. For the GOLD only and not the jewelry!
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