So you think of gold as just a wartime investment. Think again. Because it’s negatively correlated — meaning it rises when stocks, bonds, real estate and Treasury bills fall — gold is a solid investment any time government debt translates to inflation. And it’s the perfect antidote to current Wall Street chaos and difficult financial times.
Americans think of gold during rough patches because it’s the only true money source recognized through the centuries and around the world. It holds its value: studies show one ounce of gold has bought about 400 loaves of bread for the last 3,000 years. Unlike other money sources, it’s liquid, portable and, along with silver, the only asset in the world that isn’t someone else’s liability.
And silver has less monetary trading clout. Its appeal today lies in the huge industrial demands. Because it’s worth so much less per ounce than gold, it takes up more space to own a comparable amount.
Platinum falls in the “very speculative” category, as some financial advisers would say, and it does not convert to currency in doomsday scenarios.
Gold investors face two paths at the outset: Do you want to own actual gold or stocks? Stocks appeal to the aggressive risk-takers. Or, to blunt the edge, people with portfolios under $20,000 should gear towards gold stock mutual funds. However, the final decision rests on the same factors as any investment: know your allocations, diversification always rules, and determine how the stock holdings in a portfolio would pan out during a recession.
More “conservative” investors would say no to stocks and heads straight for the real thing. The market has shown often that gold stocks go down over the life of a bear market like the one we’re in now, just like most other common stocks.
A “conservative” investor would also shy away from owning gold certificates or gold storage accounts, which tempt investors with cheaper prices than if they chose to have the metal slapped into their hands. These pieces of paper promise to deliver the physical gold should you call in your claim. In a catastrophe, those guarantees may not be worth the paper it’s written on.
When people discuss buying gold, it usually means they’ve become worried about the social situation on the outside world, and they want some protection. Gold can be bought in forms of pure gold jewelry, coins, and bars. Bullion coins come in one-twentieth, one-tenth, one-quarter, one-half and 1-ounce weights. Most people are familiar with the American Eagle, Australian Kangaroo Nugget, Austrian Philharmonic, Canadian Maple Leaf and South Africa Krugerrand. Bars sell in weights between 1 troy ounce and 400 troy ounces. Experts say this more cumbersome form pays off. In bull markets, the premiums rise on popular purchases, so coins cost a bit more than bars of the same weight. Just insist that your gold bar comes from an honorable fabricator such as Ross Metals or their recommended brands.
Ross Metals has been purchasing and recycling gold from small mines for many years. We provide a quick and efficient turn-around for our customers. Our in-house smelting equipment can provide you with a place to “represent” your gold while it is melted. Combined with our laboratory we can pay out on most lots within 48 hours.
For additional information you can look us up on our website. Ross Metals is the latest discovery in the precious metals business!
SERVICES PROVIDED:
- gold refiners
- gold smelters
- gold assayers
- refiners of scrap gold
- refiners of gold
- refiners of platinum
- refiners of platinum
- refiners of scrap silver
- refiners of silver
- refiners of dental scrap
- jewelry industry refiners
- jewelry industry smelters
- jewelry industry assayers
- dental industry refiners
- precious metal dealer
- smelters of precious metals
- smelters of gold
- smelters of silver
- smelters of platinum
- assayers of platinum
- assayers of precious metals
- assayers of gold
- assayers of silver
- assayers of platinum
- diamond district refiners
- gold-filled scrap
- silver refining
- gold refining
- platinum refining
- silver smelters
- gold smelters
- platinum smelters
- palladium refiners
- precious metal refining
- gold recycling
- silver recycling
- platinum recycling
- new york smelters
- new york refiners
- new york assayers
- new york gold buyers
- new york silver buyers
- new york platinum buyers
- new york gold refiners
- new york silver refiners
- new york platinum refiners
- city refiners
- city smelters
- city assayers
- diamond district smelters
- diamond district assayers
- silver scrap
- sterling silver scrap
- gold waste
- platinum waste
- sink sludges
- polishing dust
- bench dust
- gold dust
- platinum dust
- floor sweeps
- bench sweeps
- polishing sweeps
- precious metal waste
- jewelry bench sweeps
- jewelry polishing sweeps
- polishing waste
- gold grindings
- platinum grindings
- silver grindings
- gold shavings
- platinum shavings
- silver shavings
- precious metal shavings
- precious metal grindings
- jewelry waste
- jewelry clippings
- gold clippings
- bench clippings
- dental gold
- dental gold scrap
- dental waste
- dental palladium
- dental platinum
- scrap platinum
- scrap iridium
- scrap rhodium
- cash for dental gold
- ear backs
- hoop ear wires
- tiffany settings
- bezels
- coin frames
- lobster locks
- heart v-end basket earrings
- initials
- spring ring locks
- tie tacks
- greek initials
- bails
- pearl cup earrings
- divider
- crimp beads
- tuxedo studs
- religious medals
- box locks
- money bars
- crosses
- double push locks
- screw backs
- screw post
- beads
- omega backs
- pelican locks
- french backs
- jump rings
- barrel locks
- mystery locks
- split rings
- pearl clasps
- pearl caps
- kidney ear wires
- multi-strand filigree clasps
- swivels
- ball earrings
- clusters
- enhancers
- lever backs
- trims
- end caps
- marquise solid base settings
- illusion setting
- toggle clasps
- figure 8′ s
- cuff links
- key rings
- head pins
- mountings
- wedding bands
- 5 stone wedding bands
