Sep
19

Sell Scrap Gold From Old Computer Parts To Make Money

Sell Scrap Gold – Make Some Money From Old Computers

sell scrap gold from old computer parts Sell Scrap Gold From Old Computer Parts To Make Money

Sell Scrap Gold From Old Computer Parts

Here is a fast way of making money by selling scrap gold.

It is incredible, but people throw away gold every single day. When you see old computers being disposed of, they are throwing away pure gold!  There is gold inside the computer that can be sold for money! And you can retrieve and sell the scrap gold when you know how.

1. Find a source of old pentium and other PCs that are about to be scrapped

Find a computer that is no longer being used. Sometimes, dumps can be a good place to find old disgarded computers. You could also offer a removal service where you offer to take away peoples old PCs for free. Most people just want to get rid of their old PCs. You can advertise your computer removal service in a local paper.

2. Pentium PCs have gold or gold plated parts

This is the method for retrieving gold from the old computer:

  • In the motherboard, find the processor. You will usually need to unscrew the case of the computer to get to the motherboard. If you are unaware  what a processor looks like, it is a square looking item with pin-like structures protruding from it.
  • Wear protective clothing at all times.
  • Prepare a clean glass beaker that has been well washed in a fumed hood, ensuring the vented fumes are released into a safe area. Add muriactic acid.
  • Have buffer solution available.
  • Remove the processor from the motherboard.
  • Place the processor into the glass beaker and then add nitric acid to the muriactic acid.
  • Be careful of fumes and reactions at all times.
  • Over a couple of days, the non gold will be eroded away until you are left with only GOLD in your beaker.
  • Remove the gold, and wash it.
  • Remember, as you are using acid, you must ensure that you take precautions at all times for your safety!

3. Make a list of local refineries to sell scrap gold

Contact them, and tell them you have a source of scrap gold available.  Ask them about their prices and any minimum quantity requirements.

4. Sell your scrap gold to the highest offer

Sell your scrap gold to the highest offer! You can also sell the remaining parts to other metal refineries.

So if you are in need of some extra cash, why not have a look at this and sell scrap gold. There are thousands of old computers lying around at dumps, in people’s sheds, at offices and warehouses. Just look around, offer to save them the hassles of disposing of them and extract the gold yourself.

You could have a nice little business when you learn how to sell scrap gold you extracted from old computer parts.

 

Related articles:

Sell Your Gold Jewelry

Investing in Gold

 

 

 

 

Sep
08

6 Key Rules To Buying Rare Gold Coins

rare gold coins 150x150 6 Key Rules To Buying Rare Gold Coins

Rare Gold Coin

Rare Gold Coins – The Key Rules To Buying

Buying rare gold coins can be a good way of investing in gold. However, you need to follow 6 key rules if you are going to go down this path.

These rules are summarized below:

Rule 1 – You Must Know Which Gold Coins To Buy

Gold coins can be segregated into various types; for example there are standard gold bullion coins and then there are rare collectible coins. The standard bullion coins sell for more or less their base gold value. Rare collectible coins can fetch a hefty premium to their base value.

You’re unlikely to find absolute bargains in the coin market (i.e. coins that you can resell for instant and huge gains) – but when the price of gold is increasing you can be sure the value of your rare gold coins will also increase.

Rule 2– You Must NEVER Be Attached To Your Coins - They Are Investments And You Should Sell When The Conditions Are Right

You must remember that you are an investor and you are in this to make money. You must have no emotional attachment to your rare gold coins. This means that when you make your target gains, you should be prepared to sell without hesitation.

One of the biggest reasons many people are bad at investing is that they are emotionally attached to their investments and succumb to the forces of fear and greed. Remember that no bull market lasts forever – you can typically know when a bull market is at it’s height when the average person knows something about it (and when it’s being discussed at dinner parties). THIS is more of an indication to sell and take profits while the last minute mob buy into what they believe to be a sure thing.

Keep tuned to what experts are saying about the movement of the gold price.

Rule 3 – Get A Guarantee For The Value Of Your Rare Gold Coins

Rare gold coins can be expensive. When you buy a gold coin via a dealer try and obtain a price guarantee – this is a specific value guarantee that the dealer places on your coin.

On the flip-side beware of shady guarantees that some dealers may make in order to sucker inexperienced buyers to purchase their coins – typically this would be something like a 10% to 20% premium buy back guarantee. Such claims are more than likely to be fraudulent.

Rule 4 – Cream Rises To The Top…Quality Coins Will Soar In A Booming Gold Market Better Than Average Ones

All ships rise with the tide – gold coins will always rise in value as their underlying gold value increases. However, the truly magnificent and rare coins will increase in value even more than the sub-standard ones. As you would expect, it’s also easier to sell the coins with the best pedigree in any market condition.

Remember this rule when making your purchase.

Rule 5 – Understand The Grading & Evaluation Process

Education and experience are two tools that will give you a strong advantage in the rare gold coin market. Don’t be afraid to learn as much as you possibly can about grading & evaluating rare coins. It may take some time to understand how to do this, but it’s a highly potent skill to have.

Further, educate yourself on the potential of as wide a variety of gold coins as possible. This will make it much easier for you to spot a rare gold coin bargain as soon as you see it.

It may surprise you to learn that a lot of rare gold coin dealers aren’t as educated about the market & products as you may think.

If you already have an inventory of gold coins, you can get them independently graded if you wish – it can be well worth the expense & effort if the coins get a valuable grading.

Rule 6 – You’re In This To Make MONEY. Watch Gold Prices & The Likely Market Movements Like A Hawk

Following Rule 2, you should be on the lookout for the optimum time to sell your rare gold coins. You’re holding gold coins for one reason only – to make MONEY. As the gold market rises you should consider at what point you want to take your profits.

What are the experts saying about the short and medium term gold movements? Watch the gold movement like a hawk and never be afraid of taking your profits. While there is security in the knowledge that rare gold coins will always have a long term value you should not let this distract from your ability to take quick profits.

Learn More About Rare Gold Coins

Now that you have an understanding of the fundamental rules you need to follow before investing in gold coins, let’s look at the different types of rare gold coins available and their composition. The above rules will hold you in good stead when it comes to owning rare and valuable gold coins. Remember, that gold coins can be acquired for a relatively modest outlay so most people have the ability to acquire them and benefit from their gains.

As you learn more about gold coins you’ll become more expert in identifying the best opportunities in the gold coin market. You’ll learn that the rarer coins in rare circulation represent your best opportunities. You can go to the Professional Coin Grading Service (PCGS) and Numismatic Guaranty Corporation (NGC) to see which coins have the lowest survival rates.

You’ll be able to identify coins that fall under a particular collection (these increase their value) or that are especially rare gold coins.

Related articles:

Rare Gold Coins That Make Good Investments

Buying Non-Gold Rare Coins As An Investment

Investing in Gold

Sep
03

Gold ETF – A Great Alternative To Physical Gold

gold investing Gold ETF   A Great Alternative To Physical Gold
Gold ETF

Owning physical gold, although a recommended way to invest in gold, has its problems which can be overcome by investing in a gold ETF. The issues associated with owning physical gold include storage, security, insurance and reselling.

A gold ETF can overcome these issues.

An ETF is an Exchange Traded Fund and, as its name implies, it is a fund traded on major stock exchanges, such as the New York Stock Exchange (NYSE), the NASDAQ and the American Stock Exchange (AMEX). The ETF itself normally invests in a number of different companies, so that an investment in the ETF gives you exposure to a range of businesses.

Gold ETF – An Investment in Physical Gold

A gold ETF is an exchange traded fund that invests in the gold metal. The gold ETF purchases physical metal which it holds in storage. It then issues shares to the value of the physical gold held, with an expectation that the price of the ETF shares will increase if the price of gold goes up.

Advantages Of A Gold ETF Over Physical Gold

The advantages of investing in a gold ETF rather than physical gold are:

1. Trading can be undertaken during stock market hours using your online brokerage account

2. Whilst there is a minimum investment in a gold ETF, it represents a fraction of an ounce of gold. Consequently, you can buy smaller amounts of gold through the ETF than by buying gold coins or bullion. With gold at $1,900/oz, not everyone can afford to buy by the ounce these days!

3. No need to store or insure the gold or worry about somebody stealing it from you.

4. An easy exit mechanism for your gold investment – just sell it on market like any share.

Popular Gold ETFs

Some of the more popular gold ETFs are:

  • SPDR Gold Trust (GLD)
  • Proshares Ultra Gold (UGL)

These funds invest in physical gold and hence track the gold price.

Other gold ETFs invest in gold mining companies rather than physical gold. The most well known is:

  • Market Vectors Gold Miners ETF (GDX)

which invests in a portfolio of gold mining companies, and tracks the gold stock index.

All three of these ETFs trade on AMEX. If you are interested in investing in gold ETFs, sign up to a reputable ETF-issuer newsletter, where you can access the experience of professional gold traders. This will help you to maximize your profits and reduce your risk from investing in a gold ETF.

Related articles:

Gold Funds

Investing in Gold

Sep
02

Pros and cons of investing in the gold market now

gold chart2 Pros and cons of investing in the gold market now
Gold Market

The metals market is considered to be quite a good alternative to the stock market and gold is the most precious metal, so looking at investing in the gold market makes sense. Most of the financial and investment markets have been facing problems since the recession. However, the gold market has not suffered much as a result of the recession. Gold prices have instead experienced a surge amidst the global economic turmoil. If you are able to invest properly in gold and if you are able to get good profits out of it, you may easily be able to pay off your debts like the payday loans; even if you opt for payday loan debt settlement.

Pros and cons of investing in the gold market

Though gold investment can be really a profitable thing there are some cons involved too and so you need to have some idea on that. The pros and cons of investing in the gold market are:

Pros involved with investment in the gold market

1. Gold is precious – Gold is a precious metal and the demand for this metal has always been high. So, investing in god can be a good option if you feel that the stock market or the forex market and the real estate market are not in that good position.

2. Gold prices are increasing – The gold prices are ever increasing. So, it was and is always a good option to invest your money in gold market. This can help you in getting more money at a later date when the price of gold will increase all the more. You will be able to sell it off at a higher price.

3. Different options for investment – If you are planning to invest you gold, you will easily be able to find out that there are various options for you to invest the money in gold.

4. Gold is durable metal – Gold is a durable metal and so you will easily be able to store it in a place without having to think about it much. Then at a later date you will be able to sell it off in order to gain more money.

5. Gold market performs well – Unlike the other investment markets, the gold market always performs well. The economic meltdown and the other political and social problems have never been able to affect the market negatively.

Cons involved with investing in the gold market

1. Gold can get stolen – Gold is a precious metal; this is true. Thus, the possibility of it getting stolen gets higher too.

2. Slowing economy may result in deflation – Gold in general is considered to be inflation hedge. However, though the economic turmoil has not been able to affect the market much, the slow economy can result in a deflation trend in the gold market.

3. Higher capital-gain tax – After selling gold, you will have to face higher capital gain tax.

So, before investing in gold, it would be better for you to weigh the different pros and cons involved with gold investment. As per recent reports, there was an increase in the demand for the physical gold. However, this increase in the demand for physical gold is going to result in a drop in the demand for gold ETFs. That is what the gold market watchers claim is going to happen.

Samantha Spuckler is a  writer for various finance related Communities including Debt Consolidation Care. She is a financial writer by profession and has specialization in dealing with financial problems and its solutions.  She is well equipped to write articles on debt consolidation, savings, planning, frugality, debt settlement etc.
 

Related articles:

Investing in Physical Gold

Gold ETFs

Investing in Gold

Aug
20

Sell Your Gold – Gold Selling Tips From The Experts

cashbag Sell Your Gold   Gold Selling Tips From The Experts

Sell Your Gold

If you need to raise money fairly quickly and own some gold, it has never been a better time to sell your gold. Your gold can be anything from gold jewelry to gold coins. There are companies that will appraise your gold products, and offer to buy it from you. With the record price of gold in recent years, it is a good time to sell your gold if you need some cash.

Selling gold can be quite difficult. There are reputable companies out there who will buy your gold and give you a very fair price for it, but also plenty of businesses who will try and rip you off. It is, therefore, imperative that you only deal with businesses that have a solid reputation when selling your gold.

How to sell your gold for the highest amount, and not get scammed:

1. Use A Company That Buys Gold From People

Gold is more in demand than ever. Companies have set up recently in order to buy gold from ordinary people. They will do everything for you – even send you a secure, insured envelope to appraise your gold. You will not receive the full current market price for your gold as the company will need to take its profit cut.

Make sure you get the best deal if you sell your gold. Different companies will offer varying amounts per ounce of gold. Do your research and select one with the best gold price offer.

2. Use Ebay To Sell Your Gold

This is a more complex and difficult way to sell your gold, and there are charges involved that could eat into your profits but people DO successfully sell gold on eBay. There are plenty of buyers there who are looking to buy gold.

In order to sell your gold in Ebay, here is the procedure:

You will need an Ebay account, and probably a Paypal account as well. You will need to take digital pictures of your gold and put this in your ad. You will also need other important information – for example if stamped, include a close up picture of the stamp in your advert.

3. Sell Directly To A Refinery

This is a less used option but still a very good one. If you are using this method then make sure that you monitor the price of gold carefully – it fluctuates on a daily basis!

Selling gold can be a good method of raising funds for those who need it. Use one of the above methods to sell your gold  and get the best price you can.

Related articles:

Sell Gold Jewelry

Ebay

Investing In Gold

Aug
10

Investing in Gold – Two Ways Of Investing In Physical Gold Over Paper Gold

Gold has really shot up in price over the past few years, with many commentators believing that this upward trend is showing no end in sight, and that is why investing in gold today is so important

gold bullion Investing in Gold   Two Ways Of Investing In Physical Gold Over Paper Gold
Investing in Gold

One common way of investing in gold is via the purchase of gold based equities like gold mining companies and gold funds. While this is possibly the hassle free way of doing it, some people believe that these funds are not “backed” by real gold. For example, with gold mining companies, you’re often paying for the belief that the company will find and mine gold successfully in the future. You need to do a lot of analysis to figure out if your money is actually backed by any actual gold.

Investing in gold – buy actual gold!

So, the other option is to buy actual gold. This can be done in a variety of ways – but you must be careful to know the value of the gold you are buying, and that it is what the seller claims!

Here are a couple of other ways of buying physical gold that many people may not have thought about:

1. Buying gold bars – you can walk into a reputable shop and come away with gold bars. For example, in the UK you can use a reputable company called Baird & Co and buy the amount of gold you require. Some companies will also store your gold securely, for a fee. The problem with buying physical gold is:

(a) the risk of storing it (if you are keeping it at home, you risk your gold being stolen); and

(b) the gold cannot earn any “interest”. The only appreciation is from the value of the gold commodity itself rising in price. When you hold securities , for example stocks, some companies may pay out a dividend which can be a useful source of income.

2. Buying gold jewelry – investing in gold can also be achieved by purchasing gold jewelry. However, the jewelry needs to be pure, and must be in very good condition to retain its value.

3. Buying gold bullion coins -  the other obvious way of investing in gold is by purchasing gold bullion coins. Do remember,  however, gold bullion and rare gold coins are NOT the same. Some unscrupulous dealers may try to trick you into believing that rare gold coins are a good investment due to the appreciation in gold – in fact, rare gold coins are often NOT good gold investments, you should only buy minted bullion for this purpose. Rare gold coins may be an acceptable investment in its own right, but not for the purpose of gold investment is the point to keep in mind.

Investing in gold

Investing in Gold

Related articles:

Buying Gold Coins As A Long-term Investment

How to Invest in Gold Via Funds & ETCs

Aug
09

Invest in Gold – The Real Secrets To Investing In Gold

gold bar close up 150x150 Invest in Gold   The Real Secrets To Investing In Gold

Invest in Gold

Gold – it has seen an incredible rise in price over the past few years to unseen highs. And many people in fact believe that this rise will continue unabated for many years to come. But how can you invest in gold?

You can invest in gold in two ways – physically holding gold and buying gold backed assets, like shares in mining companies. They both have their pros and cons but so long as the price of the rare metal keeps increasing then either method will leave you wealthier than before.

Before we look at how to invest in gold, let’s take a quick look at why the gold price has ballooned in recent times with no end in sight:

1. We live in times of war – historically, during times of military conflicts the gold price has always remained strong.

2. We live in times of political and economic uncertainty – the world economy is teetering dangerously after many countries including the USA, the UK and most of Europe face debt mountains and regression of growth. When this happens, people invest in gold as it is seen as a safe haven.

So, investing in gold is most certainly a worthwhile pursuit if you wish to hedge against inflation and save for the future. Let’s see how.

Invest In Gold Through Holding Physical Gold

1. Buy gold coins – Buying gold coins is probably the best possible route to owning actual gold that can appreciate and probably the most recommended way to invest in gold. The advantage is more than just the underlying gold value. Coins are collectors items, so this by itself will add a further premium to the value of the coins in the future.

2. Buy gold bars – Buying gold bars as a way to invest in gold is about as good as coins, except they are not collectors items. However, you can get tricked into buying coins with poor gold value while bars are a safer option.

3. Buy jewelry – Gold jewelry is a good way of stocking up on gold, but it is very important that the gold be of a high standard, and be maintained in excellent condition.

Ways to invest in gold without actually owning the metal

1. Buy gold assets like quality stock mining companies. If you are able to read financial statements, you can pick mining stocks that you believe should do well in the future.

2. Buy gold based investment funds – for people who are not comfortable with picking their own stocks, an investment fund is the answer. Here specialist managers will pick and choose quality stocks that have gold exposure. This lowers your risk and increases your chance of being exposed to only the best stocks when you seek to invest in gold.

3. Learn to spread bet. With spread betting you can make shorter term profits (within days) of an increasing gold price. But, you must know how to spread bet as you can also end up losing money if you are careless.

As the gold price marches onwards, you can choose any or a mix of the above ways to invest in gold.

 

Related articles:

Buying Gold coins

Evaluating a Gold Mining Stock Investment

Investing in Gold

Jul
22

Welcome To Our Site!

goldcoin 150x150 Welcome To Our Site!

Investing in Gold - Welcome

Gold has been a sensational wealth generator for over two thousand years. Some of the wealthiest families in the world, such as the Rothschilds owe their vast fortunes to gold. Whether you’re interested in investing in gold safely, or you want to sell your gold for cash – you’ve come to the right place.

Gold is the only commodity that has remained valuable throughout human history. We invite you to learn more about the incredible story of gold, and how it may help you to achieve wealth.

Jul
22

Some “Golden” Facts About Gold

1. Gold has been valuable for centuries, and their historical introduction as a unit of currency was believed to have been during the rule of King Croesus in and around 550BC.

2. Throughout history, gold has been written off by “experts” who have again and again got it wrong. In fact, in recent times the strength of gold tends to be linked with global economic and political turbulence. During times of global recession and war, gold tends to perform well. Generally, the economy performs in cycles, so you can normally tell the future direction of the gold price by seeing the state of the world economy.

3. One of the biggest reasons that gold has always retained it’s high value is the rarity factor – consider this incredible fact…the world creates more steel in an HOUR than it has mined gold throughout history.

4. Gold is one of the most pliable materials in the world, with one ounce capable of stretching over 50 miles.

5. In the 1500s Europeans used to put gold in liquor.

6. While gold as a currency may have been around since 550BC, gold bars were first thought to have been produced as far back as 4000 BC

Jul
22

A Brief History Of Gold – 2000+ Years Of Wealth Creation

Gold has been a star performer in the portfolios of some of the wealthiest dynasties in the history of the world. Just a few of the prolific people who have used gold to build their incredible wealth include the DuPonts (who now own a massive chemical business), the Rothschilds (once upon a time the richest people in the world), the (JP) Morgans and Egypt’s royal Farouk family. We could go on and on forever about more family empires who owe their core wealth to gold but there’s no need – the bottom line is that investment in gold has always given a sensational return over the centuries – and statistically it has put stocks, real estate and bonds well and truly in their place.

Want some proof that gold has created staggering wealth in recent times? Consider these startling facts:

- During the 1960′s investment in this “secret gold” brought about average annual returns of 100%.

- Between 1972 and 1974 the secret gold saw increases of 350% (while the stock market was heading desperately south).

- Then between 1976 to 1980 this secret gold brought investors an average of 300% per year.

- Gold saw annual increases of 340% between 1987 & 1989.

- Between 2007 and 2010 gold saw another unprecedented bull run that took it above $1,500 per ounce.

It’s interesting to note that the earliest record of gold being used as a form of money/investment occurred as early as 700BC. Since this time, all cultures and races throughout the world have craved to own gold – and many centuries on the strength of gold has gone from strength to strength.

In the present time, gold is an attractive commodity to hold because it’s price is seeing a general upward trend (and many experts agree that this is set to continue for many years to come). It’s possible to own gold for a relatively modest outlay  and so most people have the means to invest in it. Gold also brings with it a certain beauty and status symbol that most other investments simply cannot compare to.

When you buy into the gold story, you’re buying an investment that will always retain value. Gold may have ups and downs, but when you hold it long enought you will almost certainly have a chance to sell it at a profit.

SEO Powered By WP SEO BEAST