Michael Phelps: Gold, Gold, Gold!

He’s doing it!!!

The gold mine called Michael Phelps picked up his sixth gold medal of the 2008 Beijing Olympics last night – along with another world record. It his 12th career gold medal.

Phelps is truly amazing – having competed twice within a half an hour yesterday. He now has a break – 18 hours before his next gold contention.

All of Phelps’ gold medals have been accompanied by world records as well. We’ll be watching this weekend to see whether more gold is in Phelps’ future.

What do you think of the premium performance by Michael Phelps? At Cash4Gold.com, we’re all about all kinds of gold. Visit our website at www.cash4gold.com to see the premium payouts that we offer for your old jewelry or scrap gold!

McGees.org announces Cash4gold.com as Premier Choice on Internet

Last week, www.mcgees.org published an article titled “The choice is pretty clear: Goldkit vs. Cash4Gold”.  The article reported that Cash4Gold was the premier and clear-cut choice when it comes to Internet trading of gold.

Among the highlights in the article

The most common question asked with Internet gold buyers is: “What is the price you will pay for my gold?”  GoldKit requires an evaluation that requires more consumer and company interaction.  Cash4Gold, on the other hand, has daily updates on their website at www.cash4gold.com that list payout prices as not to deceive current and potential customers.  The major determining factors are (1) weight and (2) purity.  Cash4Gold’s most recent chart for gold, platinum and silver is as follows:

 Material                   10 - 50 oz                   50 - 100 oz

        8K                       $12.03(dwt)                      $12.68(dwt)

        10K                     $13.43(dwt)                      $14.03(dwt)

        12K                     $15.01(dwt)                      $16.44(dwt)

        14K                     $16.59(dwt)                      $18.85(dwt)

        18K                     $22.02(dwt)                      $24.87(dwt)

        22K                     $28.72(dwt)                      $29.30(dwt)

        24K                     $31.27(dwt)                      $33.00(dwt)

        PLATINUM           $48.36(dwt)                       $51.06(dwt)

        Jewelry (Plat.)      $43.53(dwt)                       $45.94(dwt)

        STERLING            $8.40ozt                            $9.60ozt

        .999 SILVER         $9.20ozt                            $12.60ozt

In addition, the positive Cash4Gold commentary from both users of the service and readers of the article included: 

“So they’re not world-shattering prices, but I think I’d recommend the known quantity, thank-you-very-much.  ‘K, bye, GoldKit!”

“Unless GoldKit publishes their prices somewhere, or quotes them over the phone.  I hate send-to-us-for-our-best-offer on commodities.  It’s not like they’re evaluating condition and grade.  They should be able to list their melt prices.

“I have used both Cash4Gold pays about 15% higher than gold kit.”

“Ooh, awesome!  Personal experience!  Thanks, Jesse!  Assuming your tale is on the level — and there is no reason to think it isn’t — you may have just put cash in my wallet.  Thanks!”

Check out the entire article HERE. 

Gold Glitters as Stocks Take A Beating

Stocks are on a downward spiral, real estate is not moving, interest rates are skyrocketing and prices on consumables are headed so far north that milk no costs more than gasoline. In this time of double digit inflation, what if anything is a worthwhile and safe investment option? The answer is gold. Gold prices have been either climbing or holding steady at all time high prices for the last several months. Gold prices are once again on the rise and are very very close to once again reaching the all time high set in March of Rs 13,112 per 10 gm, touched on March 18, 2008. If the current trend in the global and domestic bullion markets continues, experts say the it is very likely that the price of gold may ascend that peak in the coming week. A senior fund manager of a gold mutual fund told TOI that if inflationary pressures continue, the price of gold might cross Rs 15,000 per 10 gm before the year-end . September marks the beginning of the annual festival season which traditionally sees a gold buying frenzy. When historically trends show that gold always becomes costlier when oil prices surge internationally, it’s hard to dismiss the fund manager’s argument as far-fetched . According to TOI on June 21, gold represents a nice investment option for attempting to cope with inflation devaluing their savings. Returns on investments in gold mutual funds have been higher than those in equity, debt or other investment options over the last one year which would tend to prove the prediction true. In this period, gold has yielded a return of 47.6%. In the current calendar year, the return has been 19% so far. Ketan Shroff, one of India’s biggest bullion merchants, said "if the depreciation of the rupee continued, gold prices would remain strong." Avadhesh Agrawal, president of the Delhi Bullion and Jewellers Association, also predicted that, "the price of gold would cross Rs 15,000 per 10 gm in a few months because of the rise in crude prices and weakness in the Indian currency."Discover what rising gold prices can mean to you. gather your unwanted gold, scrap gold and broken gold jewelry and send it to us. Our refiners pay you the most for your gold.

Gold Jewelry Trends

Record setting gold prices (http://lfpress.ca/newsstand/Today/Fashion/2008/04/29/5416196-sun.html) are reminding shoppers that gold is indeed a precious metal. Yellow gold has always been popular but in the last decade sterling silver and platinum have increased in popularity. When gold hit $1,000 an ounce in March, the tide began to turn back to gold.

As gold prices come back down, gold will remain an attractive accessory. Demand for gold jewelry was up 22% in 2007 over the previous year, according to the World Gold Council.
Women buy jewelry because they love it, but there is a certain attraction due to awareness of the value of gold. Gold also gives more creativity in design because gold can be shaped and shaded in new ways. Gold has been paired with complementary stones. Golds have also been alloyed to greate black gold and rose gold in addition to yellow and white gold. Mixing precious metals has become popular again for jewelry on the heels of a similar boom in the tabletop market.

When you are tired of your old gold jewelry or it the gold becomes broken or mismatched don’t just put it in a drawer. Send your outdated old gold and gold scrap to our refiners and see what we will pay you for your gold!

Company wants to reopen mine

Mining company Emgold, wants to reopen a Grass Valley gold mine (http://www.signonsandiego.com/news/state/20080428-9999-1n28gold.html). A sign at Empire Mine State Historic Park in Grass Valley shows the rising price of gold.

Emgold wants to take advantage of the skyrocketing price of gold and plans to use a unique process that reduces waste. They have used the old mining maps and records that it found in the basement of a former mine owner and used software to produce a digital record of the Idaho-Maryland Mine’s 72 miles of tunnels.

Similar efforts are under way to revive old mines throughout the West. New methods of mining make it easier to extract gold. So many gold deposits were mined long before more efficient gold mining techniques were developed. That means there could be lots of gold left in those hills.
You could be sitting on your own gold mine. Visit our website
(http://www.cash4gold.com/current_gold.html) to see how much we will pay you for your gold. You will see that we will buy most unused gold jewellery, gold watches, unused gold and gold scrap.

The Price of Gold

To know where the price of gold is going, in terms of dollars, we need to know the fundamentals. Some people focus primarily on what the fundamentals of gold are, thinking it is all about the supply and demand of gold. Annual gold demand is estimated at 5000 tonnes and increasing, whereas mine supply is estimated at 2400 tonnes and declining. But above ground existing stocks of gold are as high as 150,000 tonnes!

Gold is not a commodity. The fundamental nature of gold is that Gold is money. So, to know gold or silver, we need to know about the fundamentals of money. Gold and silver have been chosen repeatedly throughout history as the choice for currency for more societies and cultures and over longer time periods than any other items. Those societies embracing gold and silver invariably have prospered under what is often called a golden age.

Cash4Gold.com believes in exchanging money for your unused, broken and unwanted gold and gold jewelry. If you are curious how much we will pay for your gold, visit our website to see how much we pay for gold.

Scrap or Broken, Worth Its Weight In Gold

Did you ever wonder what doesn't loose value even after it is broken or discarded as scrap? The answer is scrap gold and broken gold. It is funny to think that a beautifully designed gold charm, gold bracelet, or gold necklace with missing links, broken clasps or tarnished settings all retain their value even with their problems. The reason is because scrap or broken gold is worth its weight as valued by the current economy or market. Gold refiners are the largest buyers of gold in today's market. There is no short of broken or scrap gold in all our possessions.

It is important to know that selling your gold to a refiner is simple and easy. The hard part is finding your scrap gold or broken gold to sell to a refiner. Once you do find your broken gold, all you have to do is log online to Cash4Gold.com and request your free gold kit. Simply drop your gold in the insured shipping container and in less then 24 hours your will have cash for your unwanted scrap gold and broken gold. Scrap Gold and Broken Gold has never been worth so much!