Spring is in the air and it's time to clean out your dresser drawers and jewelry boxes for old, unused and broken jewelry items. Why not have home parties with your friends and family and sell your gold for money. In fact the hosts of the home parties will also receive a 10% host fee or you can donate the 10% host fee to a charity of your choice. Click here to contact a My Gold Party
Representative to coordinate a home party this Spring. Happy hunting!!!
My Gold Party, LLC is a nationally recognized business committed to ensuring that all customers receive 100% satisfaction. We are certified with the Better Business Bureau and are a member of the Direct Selling Association. Contact us today to learn more about our growing enterprise!
Spring is in the air and it's time to clean out your dresser drawers and jewelry boxes for old, unused and broken jewelry items. Contact My Gold Party to find out how to sell gold. My Gold Party will send you a prepaid insured box to send in your gold items for money. Once My Gold Party receives your items and evaluates the weight, karat and value, we offer you a quote via email or phone. If you accept our quote, we send you a check. If you reject our offer, we return your items at no charge to you. Happy hunting!!!
My Gold Party, LLC is a nationally recognized business committed to ensuring that all customers receive 100% satisfaction. We are certified with the Better Business Bureau and are a member of the Direct Selling Association. Contact us today to learn more about our growing enterprise! Call us toll-free at 888-44-MYGOLD or simply email us at: info@mygoldparty.com
It seems we aren't the only ones recycling metals. Look what the Olympic medals are made of! (I wonder if the gold-plated Gold Medals are made from our recycled gold??)
The Medal Count, by Market Value
This year’s Olympic medals “are the first containing metal salvaged from televisions, circuit boards, monitors and electronic waste.” Both the “gold” and “silver” medals are actually 92.5% silver, while the bronze medals are mostly copper. The first-place medals (which are gold-plated) are valued at about $537; the second-place medals are valued at about $300; and the third-place medals are valued at $3.40.
Cybermetrics calculated this year’s Olympics champion, by market value of the medals — Canada takes first place with a total haul of $9,635. (HT: Cyril Morong)
Source: http://freakonomics.blogs.nytimes.com/2010/03/04/the-medal-count-by-market-value/
When you think of spring cleaning, a home party is most likely not the idea that pops in your head. Most people dread spring cleaning because it's a major task to get rid of all your winter clutter and the cobwebs lurking in dark places. One way of making spring cleaning fun is by selling your old, unwanted
or broken jewelry and gold at a gold party! Here are some tips on how you can do that with My Gold Party, LLC.
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Check your jewelry box and dresser drawers - go through your jewelry box and set aside items that you no longer wear, are broken or damaged beyond repair, or items that you would like to turn into cash.
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Host a Home Party - Click here to find your local My Gold Party Representative who can assist you in having your gold party. In addition to the money you will receive for selling your gold and jewelry, as the host you will also be entitled to a host fee (10% of payouts at the gold party).
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Sell Gold without a Home Party - If you would rather not host a home party, you can always sell gold. Simply click here and mail us your jewelry and gold directly. After receiving your gold, we evaluate the metals and email you the payout amount.
The purpose of a jewelry appraisal is to put a dollar value on the jewelry being appraised, often for insurance purposes. Often an appraisal is done in case the piece(s) is lost or stolen. Therefore, in the future if this happens, you can replace the item(s) for its "appraised value."
Scrap value, on the other hand, is the price at which an asset may be sold at the end of its useful life. An asset's scrap value derives primarily from the basic value of its underlying parts. (i.e. how much gold content a piece consists of)
Please note these are two completely separate terms. When speaking about selling scrap gold, these two terms are often used improperly and should not be compared.
The price of gold has corrected 15% since Comex futures hit an all-time high of $1229 per ounce in early December. How much more weakness will it take for gold to finish basing for the next big move -- a rally that we expect to carry into the mid-$1400s? A definitive answer could come this week, since the U.S. dollar, which has been in a bear rally since Thanksgiving, is close to some key Hidden Pivot resistance points. If the dollar were to blow past them it would be akin to the groundhog seeing his shadow - i.e., yet more weeks of winter for gold investors. However, there is evidence to suggest that it might be winter of the mildest sort, since gold has begun to show resilience whenever the dollar rallies.
The graph above shows this. Note that the price of gold declined more or less proportionally when the dollar started to rally in early December. Their inverse movement stayed pretty close until recently, with the Dollar Index rising 9.5% off its lows as gold futures fell by 8.7%. But starting about two weeks ago, gold began to rise even when the dollar was firm. To be sure, the dollar's steep upward trajectory has flattened some since early February. But it has risen about 0.25% nonetheless, presumably consolidating for another thrust. Despite this, gold has managed to eke out a 6.5% gain over the same time - a performance that should hearten investors who have patiently awaited an end to a correction that is now in its third month.
$1085 ‘Worst Case'
For the time being, though, the dollar appears bound higher. Hidden Pivot analysis suggests that the immediate upside potential of the Dollar Index is about 3.3%. A corresponding decline in gold would bring the April Comex contract down to $1085 - hardly a disaster, considering that gold has already been down as low as $1044 since the December top. If that's as bad as it gets, it should put no great strain on the nerves of gold investors, even if it tests everyone's patience.
By: Rick Ackerman
Source: http://www.kitco.com/ind/akerman/feb222010.html
NEW YORK (Reuters) - Gold fell sharply late on Thursday, erasing gains as investors cashed in bullion for U.S. dollars after the Federal Reserve raised a key interest rate.
In after-hours trading, U.S. gold futures for April delivery shed $10.20 to bid at $1,110.50 an ounce at 5:07 p.m. EST (2207 GMT). Just before the announcement it was trading positive after settling lower.
Spot gold was bid at $1,108.05 an ounce at 5:01 p.m. EST (2201 GMT) after staying above $1,120.00 in New York afternoon trading. Earlier gold rose to a session high of $1,123.30 an ounce.
Late in the afternoon, the Federal Reserve said it was raising its discount rate -- the rate it charges banks for emergency loans, citing improvement in financial market conditions.
After the announcement, gold slid as The dollar quickly jumped to its highest level against the euro since May.
"The fact that the euro has fallen to a new low so soon after the news puts a lot of pressure on gold overall," said Frank McGhee, head of precious metals trading at Integrated Brokerage Services LLC in Chicago. "I think if we limit losses to another $10 or $15, we might hold in this particular area. Otherwise we are going to run back down to" three-month lows.
April gold fell below $1,045 an ounce on February 5, its lowest levels since early November.
Before the Fed announcement, gold rose as investors bought bullion despite a firmer dollar and news of upcoming gold sales by the International Monetary Fund.
Debt default worries in Europe had pushed investors toward gold. The price of gold in euro terms hit a record high of 824.27 euros an ounce.
Investors use gold as a hedge against financial turbulence and inflation. Gold generally has in inverse relationship with the dollar, which rallied against the euro in a volatile session. Mixed data fed doubts about the U.S. economy but failed to offset concern about the euro zone.
WON'T DUMP IT
The IMF said it would sell 191.3 tons of gold to the open market under a program approved last year to boost resources for lending. The move has called into question demand for bullion from official sector buyers.
The fund said the sales, part of a program launched last year, will be phased over time to avoid market disruptions.
It left the door open for central banks to keep buying gold directly, nearly four months after India's purchase of 200 tons boosted the country's gold holdings to the 10th largest among central banks.
Analysts see little interest among central banks to buy more gold.
Sri Lanka's central bank governor said his bank was unlikely to buy more gold from the IMF right now as the island nation has already reached its required reserve level.
Among other precious metals, silver erased gains to bid at $15.84 an ounce, platinum was bid at $1,513.00 an ounce against $1,524.50 and palladium at $428.00 from $433.50.
Source: http://www.reuters.com/article/idUSTRE5B10OV20100218
YES! The answer is yes - My Gold Party does purchase teeth! Okay, well maybe not teeth, but we do purchase old gold fillings, gold dentures, gold bridges, etc. You can sell your old "teeth" and other gold items at a home party or sell gold (and teeth) by mailing it direct to My Gold Party by clicking here.
For more information on home parties or selling gold, please visit our website: www.mygoldparty.com
Cheers!