A lot has already been said about Peak gold and miners having to resort to mining low-grade ore. The problem with low grade gold is that it does not promise high profit marginal. Think of mining companies who produce low grade gold, how do they make money? Think of gold mines as a hockey team,Read More
Blog
Australia and Gold Confiscation
In 1932 the U.S President Franklin D. Roosevelt made it illegal for private citizens to own physical gold and confiscated gold. Gold confiscation is part of a history that many people still remember even though many did not live through it. It is important that investors have some kind of view on confiscation of goldRead More
Paper Or Physical Gold Markets: How Pricing Works
There is a difference between paper gold prices and physical gold prices. In the gold industry, there’s a disconnect between physical and paper gold. The narrative of this disconnect or conflict is that physical gold takes a rebellious stance to the powerful empire of the paper gold market. Physical gold fight is stronger and moreRead More
Is The World Running Out Of Gold?
Ian Telfer, the CEO of GoldCorp , one of the largest mining companies in the world told the financial Times that the gold mining has reached peak gold. This is the point where the amount of gold that is in the earth has shrunk to peak levels. This might not necessarily mean that we haveRead More
What is a Gold Refiner / Gold Refinery
The business of gold refining may not be as popular as retail or technology businesses, but just as other industrial companies, gold refinery services often produce significant revenues. As a producer and seller of precious metal, gold refiners live in a market of a value commodity that has seen success for many centuries. There areRead More
Be Smart When You Sell Old Jewellery
If you have bits and pieces of jewellery lying about around the house and you have been thinking about selling them there are a few things that you should know before you set out to sell them. In most situations, gold sellers such as yourself would go to a dealer ask him or her howRead More
Something Strange in the Precious Metals Neighbourhood
In most circumstances and according to historic data, the silver market responds alongside gold, and in most instances it outperforms gold. However, looking at the latest empirical evidence, it seems that silver is having a lot of issues keeping up with the godfather of precious metals. Over the last decade or so both metals haveRead More
Disappointing Jobs Report Pushed Gold Prices Higher
After the United States FED published the scheduled jobs report, the disappointment was inevitable for most economist, analysts, and investors. While this report made clear that the U.S. economy isnt at its best, investors are losing faith in the Dollar at short-term. Being worried about the future of the U.S. Dollar is unavoidable. The slowRead More
Saving in Gold
From the very first pay check one receives, there is spending and there is savings, the savings are usually divided into short term savings and long term savings with the short term savings accommodating short term goals such as buying a car, getting and education or even getting your nose fixed with plastic surgery. ThenRead More
Best Gold Buyers in Melbourne Use XRF Machines and Acid Tests
The best gold buyers in Melbourne use both XRF machines and Acid Tests to check the value of gold that they are buying or trading. Both these systems of checking gold can give the most accurate value of a gold item. Gold sellers are provided how much their gold really worth. XRF Machines for TestingRead More