Did the headline of today’s post make you think, “That headline must be a mistake… why would anybody be happy if gold prices fell into the basement?” But there might be reasons for gold traders to rejoice if gold prices fall. We will explore some of them in today’s post.
Read MoreThe GoldRefiners.com editorial team had a very busy 2016, writing a total of 45 blog posts on a variety of topics. Some posts contained only nuts-and-bolts advice on finding gold. Others covered politics and trends. And some were a little wacky. Yet we did our utmost to deliver practical, usable advice in every post we wrote. In today’s post, we’ll organize those 2016 posts by topic, so you can quickly find the information you’re looking for.
Read MoreUnless you’ve been hiding in the mountains for the last six months, you know that we have been experiencing a period of political and economic uncertainty in our United States. And do you know what? Now that the election is over, that uncertainty is not going away. It is settling in for a nice long stay and we had better get accustomed to it.
Read MoreDid you ever have a best friend you relied on through thick and thin? We’ve all had friends like that. And as recent news stories have documented over just the last few weeks, gold serves as that kind of steady friend for investors. Just look at a few recent headlines…
Read MoreIn the few days since Britain’s referendum vote to leave the European Union, we’ve seen headlines like these about gold: “Investors Move to Buy Gold as Hedge against Brexit Losses” and “Gold Prices Rise after Britain Decides to Leave the EU.” Do you notice anything funny about those headlines? If you consider them side-by-side, you see a problem: It the price of gold has already surged, why buy it now?
Read MoreThe good news is that you found a lot of gold. The bad news is that you probably have to declare the value of the gold as income when you file your taxes and then pay income tax on it. That’s the lesson we learn from a now-classic court 1969 case called Cesarini v. United States. We’ll tell you all about that court case in a minute, but for now let us say that we’re only telling you about it for informational purposes and are not offering you legal advice.
Read MoreDuring the great gold rush, some prospectors were fooled by fool’s gold. It doesn’t happen often these days but sad to say, people continue to make other foolish mistakes about gold – and lose money. Let’s take a look at some of costly blunders people still make when buying or selling gold today.
Read MoreNonetheless, we still get to ask a “what’s next?” question about gold prices when our next president, whoever that may be, takes office. Today, we’d like to look at only two candidates – Hillary Clinton and Bernie Sanders. What could happen to gold trading prices if Hillary or Bernie wins?
Read MoreWhat will happen to gold prices if Donald J. Trump becomes our next president? We don’t have a crystal ball and we don’t know for certain. But it is still interesting to look at the platform that he has posted on donaldjtrump.com, his campaign website. He lists a number of actions that he says he will take if he gets elected. Let’s see how they might affect gold markets.
Read MoreMost gold investors tend to be pretty conservative investors. They hold onto their gold and think, “it’s a quiet market right now...prices are stable and relatively low...and not much is happening...I can relax and just wait until something changes.” But they’re wrong, because unexpected things do happen in the precious metals markets. We’ve just learned that from the recent strong uptick in gold trading prices that was triggered by instability in the Chinese stock market. Who saw that coming? Everyone was motoring along and thinking that nothing much was happening and then suddenly something unpredictable really did.
Read MoreIt is no secret that gold has been trading for low prices over the last few years. But as we enter a new year, let’s remember that gold is finding its way into a growing number of new applications. As a result, we believe that demand for the metal is sure to increase, followed by rising trading prices. Let’s review some of the new ways that gold is being used today, which point to a very positive market for your gold investments in the future.
Read MoreIf you’ve already made a list of resolutions for the new year, please take it out and get ready to add some more. We’d like you to add the following to your list. If you do, we predict you will make a few thousand dollars – maybe a lot more – by finding and recycling gold in the coming year.
Read MoreHave you ever visited a museum and marveled at the ancient gold coins on display? You might have seen some with the images of Julius Caesar, Ptolemy, Alexander the Great, or even Pontius Pilate. Chances are that you looked at them in and thought, “This stuff must be extremely rare – it’s for museums, not private collectors like me.” It’s logical to think that way, but actually incorrect.
Read MoreGold bullion offers one of our favorite precious metal investments. If you read that last sentence, you’re probably thinking, “Hey, you’re a precious metal recycling company, aren’t you? So why are you writing about investing in bullion bars? You don’t have to test, refine and recycle them, right?” We have a simple answer. When we see a good investing opportunity, we want you to know about it. And then there’s the fact that we can help you select, buy, store and sell gold bullion bars. So we’re happy to share this advice with you.
Read MorePrivacy | Legal/Terms | Shipping | Contact Us | Blog
Copyright © 2023 Specialty Metals Smelters & Refiners LLC
Office/Shipping Address: 2490 Black Rock Turnpike, Fairfield, CT 06825
