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                    [title] => Why I Want to Sell My Silver
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sell silver coinsWith gold at record highs thanks to the re-emergence of what looks to be a debt crisis, would it make sense to revert to a bimetallic standard? First off, why silver and gold, over, say, rubies or diamonds?

Well, it begins with composition.  These elements are on the periodic table. They are also relatively inert, and can be easily melted into purification. And they are both rare, although gold is more so than silver. The value of  gold and silver works against inflation, since there is only so much of it in the earth's crust while paper money can be printed on demand.

Since the U.S. has abandoned a bimetallic standard, the world market has become much less stable. Wouldn't it be easier if we all started selling silver jewelry and exchanging our cash with the Treasury for gold and silver, the way it used to be?

There's no way of telling yet. Even if a double dip recession is in the immediate future, it will be a while before such a reversion takes place. All I know is that I'm going to start selling silver coins and flatware for cash. Now's the time to get a return on all the precious metals I already have.

[author_id] => 2 [date_published] => 2011-08-04 11:13:00 [date_added] => 2011-08-03 20:13:46 [date_updated] => 2018-11-06 09:07:49 [status] => pub [tag] => Array ( [0] => Selling Silver ) [comments] => Array ( ) ) [1] => BlogArticle Object ( [_table:protected] => blog_articles [validations:protected] => Array ( [title] => Array ( [required] => Please provide a title. ) [content] => Array ( [required] => Please enter the article contents. ) [date_published] => Array ( [date] => A valid date is required. ) ) [_db:protected] => [_validator:protected] => [_loaded:protected] => [_guarded:protected] => Array ( ) [_allowed:protected] => Array ( ) [_query:protected] => Array ( [primary] => id [fields] => * ) [_changed:NiftyEngine\Model:private] => Array ( ) [id] => 1698 [title] => Oops, She Lost Diamonds Again [slug] => oops-she-lost-diamonds-again [content] =>

Last week I talked about the movie Titanic and how the old Rose must have been senile when she dropped that huge diamond necklace into the ocean. It was quite possibly the worst decision ever made.  But in the land of fantasy and make believe, the Heart of the Ocean wasn't lost forever. A few years later, the diamond necklace made it's way into the hands of a Martian, Ms. Britney Spears to be precise.

In 2000, her video for "Oops!...I Did It Again" made reference to this famous diamond necklace. Spears plays a Martian, well I'm assuming because she's on the red planet, and an astronaut visits the planet and falls smitten for Spears. He offers her a token of his love, the diamond necklace from the movie. He claims he saved it from the depths of the ocean.

Well instead of the diamond being lost at sea, it's lost on a planet that probably doesn't place any value on diamond jewelry. I don't quite understand the logic behind these crazy characters! They need to start selling diamond jewelry instead of tossing it away all the time. Don't give diamonds to a girl you just met. Sell diamonds for cash and then use the money to buy your own private island. It's a much better decision then giving something valuable to Britney Spears.

[author_id] => 2 [date_published] => 2011-08-02 00:00:00 [date_added] => 2011-08-01 09:00:00 [date_updated] => 2018-12-26 06:42:19 [status] => pub [tag] => Array ( [0] => Selling Diamonds ) [comments] => Array ( ) ) [2] => BlogArticle Object ( [_table:protected] => blog_articles [validations:protected] => Array ( [title] => Array ( [required] => Please provide a title. ) [content] => Array ( [required] => Please enter the article contents. ) [date_published] => Array ( [date] => A valid date is required. ) ) [_db:protected] => [_validator:protected] => [_loaded:protected] => [_guarded:protected] => Array ( ) [_allowed:protected] => Array ( ) [_query:protected] => Array ( [primary] => id [fields] => * ) [_changed:NiftyEngine\Model:private] => Array ( ) [id] => 1697 [title] => Selling Silver Jewelry is a Good Idea [slug] => selling-silver-jewelry-is-a-good-idea [content] =>

The U.S. Economy is still looking pretty weak. A dismal growth rate of 1.3% during the second quarter, along with the fact that a resolution still has not been reached regarding the debt ceiling means that things aren't looking great.

At the time this blog post went to press there was no resolution for the debt, which if not resolved by Tuesday, will severely affect the United States' credit rating.

While that could be bad for the economy at large, it could be good for you if you're considering selling silver jewelry, selling silver flatware, or even selling silver coins. The value of silver increases disproportionately to the rising of the stock market, and with the market continuing to dip as I write, silver is on the up and up.

And even if that debt deal is reached, which at this point, with so many divided Republicans and Democrats threatening to move on with their own plan, looks pretty grim, silver is still a safe way to  make some extra cash.

So if you want a quick windfall, all you have to do think about selling your silver. Scrounge around the house, I'm sure you have plenty. That translates into quick cash at a time when that's hard to come by.

 

[author_id] => 2 [date_published] => 2011-07-30 09:43:00 [date_added] => 2011-07-29 18:43:20 [date_updated] => 2018-12-26 06:43:33 [status] => pub [tag] => Array ( [0] => ) [comments] => Array ( ) ) [3] => BlogArticle Object ( [_table:protected] => blog_articles [validations:protected] => Array ( [title] => Array ( [required] => Please provide a title. ) [content] => Array ( [required] => Please enter the article contents. ) [date_published] => Array ( [date] => A valid date is required. ) ) [_db:protected] => [_validator:protected] => [_loaded:protected] => [_guarded:protected] => Array ( ) [_allowed:protected] => Array ( ) [_query:protected] => Array ( [primary] => id [fields] => * ) [_changed:NiftyEngine\Model:private] => Array ( ) [id] => 136 [title] => Gold Climbs With Debt Ceiling Uncertainty [slug] => gold-climbs-with-debt-ceiling-uncertainty [content] =>

How many "Gold Hits A Record High" articles can be written? I mean it seems like literally week to week gold will not stop climbing the economic charts. Gold is the biggest thing in money right now for a few reasons but with the fears of a looming crisis as a result of political foot dragging on the debt ceiling it is hitting heights that would have been unimaginable just a few years ago. If the government does, as many fear, default on it's debt gold is going to become even more of a powerful currency indicator.

Investors worried about the United States government defaulting on it's debt are buying gold at record levels because it is a sure fire way to keep their investments locked into a safe area. Of course this philosophy has been maintained by gold refineries in New York for years now, it seems the world is catching.

Some folks continue to snub their noses at the every NY gold refinery preferring to put their confidence in the fact that a deal will be reached. Still, even if said deal occurs it will do so at a great cost and inevitably these issues will once again creep to the surface.

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Michael Phelps just earned himself yet another gold medal. He has fourteen gold medals solely for the Olympics and countless others for world championships (both gold and silver). I'm starting to wonder where he's finding the room for all of these awards and just how much they're worth. For a 26-year old he has an astonishing track record. It surely won't stop now.

At some point in his life he's going to look at his gigantic showroom and say, "I am just too darn talented. I have no more room for all of this gold." That, my friends, is the day he probably should sell gold NYC style and go to some gold buyer. I bet he can have them consigned and purchased by a super wealthy person for display in their penthouse. Instead, he'll probably submit the best of the best medals to a sports museum or annex and we'll all be disappointed they weren't available for sale or auction.

Such are the worries of the sports champions. For we average folk the concerns pertain mostly to how valuable good old great aunt Millie's gold necklace may be worth. I guess you'll have to settle for that when you visit your NYC gold buyers. That is, unless you train for years to beat Michael Phelps.

 

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Out of all the scenes from the hit movie Titanic, I think the one that sticks out in people's minds the most is when old Rose Dawson "accidentally" drops a gorgeous diamond necklace into the ocean. Everyone in that movie theater went a little crazy after that scene. Rose had a stunning, and gigantic, blue diamond necklace (which was supposed to resemble the Hope Diamond) given to her on that fatal night by her fiancee.

Everyone assumed the diamond was lost at sea, buried with the ship. However, we realize the necklace was safely tucked into her coat pocket and someone stayed in there despite running through a collapsing ship and nearly drowning. I can't even begin to fathom on how that diamond would have been worth. Even if Rose didn't care about the money, she could have given it to her children and grandchildren! I'm sure they wouldn't have minded a few million dollars in their bank accounts.

Rose, I don't understand your mentality. Maybe you were traumatized by the whole ordeal but you don't throw away perfectly good diamonds. If you don't keep them, sell them. You can sell diamonds for cash and make a fortune. Don't do as Rose does! Sell diamonds instead.

 

[author_id] => 2 [date_published] => 2011-07-26 11:47:00 [date_added] => 2011-07-25 20:47:30 [date_updated] => 2018-12-26 06:46:57 [status] => pub [tag] => Array ( [0] => Selling Diamonds ) [comments] => Array ( ) ) ) )

Why I Want to Sell My Silver

With gold at record highs thanks to the re-emergence of what looks to be a debt crisis, would it make sense to revert to a bimetallic standard? First off, why silver and gold, over, say, rubies or diamonds?

Read more →

Oops, She Lost Diamonds Again

Last week I talked about the movie Titanic and how the old Rose must have been senile when she dropped that huge diamond necklace into the ocean. It was quite possibly the worst decision ever made.  But in the land of fantasy and make believe, the Heart of the Ocean wasn't lost forever. A few years later, the diamond necklace made it's way into the hands of a Martian, Ms. Britney Spears to be precise.

Read more →

Selling Silver Jewelry is a Good Idea

The U.S. Economy is still looking pretty weak. A dismal growth rate of 1.3% during the second quarter, along with the fact that a resolution still has not been reached regarding the debt ceiling means that things aren't looking great.

Read more →

Gold Climbs With Debt Ceiling Uncertainty

How many "Gold Hits A Record High" articles can be written? I mean it seems like literally week to week gold will not stop climbing the economic charts. Gold is the biggest thing in money right now for a few reasons but with the fears of a looming crisis as a result of political foot dragging on the debt ceiling it is hitting heights that would have been unimaginable just a few years ago. If the government does, as many fear, default on it's debt gold is going to become even more of a powerful currency indicator.

Read more →

Should Michael Phelps Start Selling Gold in NYC?

Michael Phelps just earned himself yet another gold medal. He has fourteen gold medals solely for the Olympics and countless others for world championships (both gold and silver). I'm starting to wonder where he's finding the room for all of these awards and just how much they're worth. For a 26-year old he has an astonishing track record. It surely won't stop now.

Read more →

Dont Sink Your Diamonds With the Titanic

Out of all the scenes from the hit movie Titanic, I think the one that sticks out in people's minds the most is when old Rose Dawson "accidentally" drops a gorgeous diamond necklace into the ocean. Everyone in that movie theater went a little crazy after that scene. Rose had a stunning, and gigantic, blue diamond necklace (which was supposed to resemble the Hope Diamond) given to her on that fatal night by her fiancee.

Read more →

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