Jul 1, 2011 1:53 am
All that glitters is not gold, but if it is it is worth some cold hard cash. Honestly, with the economy going the way it is and worries that things could still get worse before they get better the resilience of the gold market is one of the few things offering us confidence in a sustainable future. If you are one of the people lucky enough to have a small pile of gold to take down to your NYC gold refinery, well sir or madam you had better consider yourself a lucky duck. Keeping our heads above water in an aggressive economic climate like this is going to take every bit of wealth we have.
Luckily gold refineries in New York are still desperate for gold. They need to keep new stuff coming in because gold is still such a precious substance to so many of us. If someone is looking for a new chain or a fancy new piece of jewelry it's got to be some sort of precious metal. It is as if precious metal's value and usage remains unquestionable in even the most uneasy of economic environments. That value can also be valuable to someone looking to unload some precious metal for peace of mind.