Monday, 31 January 2022

Val-d'Or-- Québec's Hidden Gem Worth Discovering

When people hear of Val-d’Or, their first thought is often gold mines — which isn’t wrong — seeping in rich gold mining history, Val-d’Or literally means “Golden Valley.” But for the people who live in Val-d’Or, the city means so much more than that. Val-d’Or offers beautifully preserved architecture mixed with up and coming urbanism. Surrounded by protected greenscapes, with its woods and lakes, Val-d’Or comprises close-knit communities of friendly people, rich cultural and heritage sites, and quite a few restaurants popular with locals and tourists alike. Although it is small, Val-d’Or is one Canadian destination worth discovering. And like its namesake, Val-d’Or itself is a goldmine for culture, history, outdoor activities, food, business, and breathtaking scenery. 

Val-d’Or is one of the most well-known cities in the larger territory of Abitibi-Témiscamingue, located north of the Outaouais region and on the border with Ontario. There is no shortage of views, with varied scenery and crystal-clear water lakes in the Abitibi-Témiscamingue.  Located in the 48th parallel, near the Nord-du-Québec region, Abitibi-Témiscamingue is a vast territory ideal for nature lovers all year round, summer and winter.

From late November to early March, Abitibi-Témiscamingue transforms into a magical snow covered wonderland that will make even the most devoted beach lover embrace winter.  Located in the heart of the City of Val-d’Or, The Forêt Récréative (recreational forest), is a 50-square-kilometre paradise for outdoor enthusiasts. Visitors can take their pick from many snowy trails to cross-country ski, fat bike, and snowshoe. The park also features a 2 km ice skating loop where you can take in a picturesque winter landscape surrounded by a forest of snow-covered trees. Open year round, Forêt Récréative offers a lush green space for hikers to explore during the warmer months. It is home to many stunning flower species native to the area, and foragers can even find wild strawberries and blueberries. There are also several dedicated bike trails for cyclists of all levels — don’t have a bike? No problem — mountain bike rentals are available on site.

Many restaurants and quaint cafes help you warm up after a day of winter activities. Le Prospecteur is a microbrewery, boasting an impressive list of beverages on tap for the craft beer connoisseur. They also have a menu with local favourites and comfort foods, including poutine — the most well-known dish in Québéc.

Right behind the brewery, art and mining collide in a mural by Michel Omen, an internationally famous muralist. Titled “The Mining Mural,” Omen emphasizes the critical role of human capital in the mining industry and the significance of mining in the city of Val-d’Or.

Historical Sites in Val-d’Or

La Cité de l’Or, located in Val-d’Or, is home to two historical mining sites, which paved the way for many other mining and exploration companies, like O3 Mining. The Ancienne-Mine-Lamaque is a tourist information centre located underground where you can learn about the history of the mine and (on a high level) live a day in the life of a miner. You can also visit the ground facilities, including the analytical laboratory, where you can learn about ore processing, in addition to this underground experience. The Bourlamaque Mining Village received a Designation of National Historic Significance in 2012. Residents still live in some of the buildings on site, many of which have maintained original architectural characteristics. A dedicated heritage home set in a 1940s residential décor, allows visitors to discover what distinguished the past and current life of miners of the area.

Other historical sites, such as the Russian Orthodox Church, built in 1954 was the first of its kind in the region, and serves as a reminder of the role the Russian community played in the development of the municipality. Abitibi-Temiscamingue Mineralogical Museum, located in Malartic, which has a permanent exhibit about the area’s geology and mining sector. The Mineralogical Museum allows visitors to tour the facilities of the Canadian Malartic Mine, the largest open pit mine in Canada. This visit will provide you with an opportunity to learn more about mining equipment, technological advancements in the mining sector and give you a first-hand look at the magnitude of the Canadian Malartic Mine.

You will find many sites recalling the history of the municipality as the Russian Orthodox Church, built in 1954. A few kilometers from Val-d’Or, you can visit the Abitibi-Témiscamingue mineralogical museum located in Malartic.gold-is-money-gold-business-luxury-gold-7.jpg

Kinawit, located on the beaches of Lac Lemoine, is a community centre and heritage site dedicated to the Acinabe people and their existence in Val-d’Or before colonization. Visitors can walk the Anicinabe Mikana Trail, highlighting four facets of a complicated reality: urbanism, social exclusion, family knowledge transfer, and the hope for harmonious cohabitation.

The City of Val-d’Or is on unceded Algonquin territory, where their presence in the Abitibi-Témiscamingue dates back more than 7,000 years. Currently, the Val-d’Or Native Friendship Centre serves as an urban service centre, a safe place, and cultural anchoring space for Indigenous people who reside in the area. It is committed to the well-being, justice, and social inclusion of Indigenous peoples while encouraging harmonious coexistence as well as providing educational resources for diversity and inclusion.

Val-d’Or has maintained its small-town values, historic charm, scenic beauty, and sense of community throughout the years while supporting a strong economy. One of the secrets to the city’s success is that it is home to a diverse range of individuals in selecting and planning for the future. They also capitalize on their unique assets — architecture, history, natural surroundings, and homegrown enterprises. Val-d’Or has built solid business partnerships not only in northern Canada but all around the world. O3 Mining is proud to call the Golden Valley home and grateful to be part of such an amazing community.

US-%2410000-GC-1934-Fr.2412.jpg

https://www.abitibi-temiscamingue-tourism.org/

https://microleprospecteur.ca/

https://www.thecanadianencyclopedia.ca/en/article/history-of-poutine

http://www.citedelor.com/fr/index.cfm

https://www.pc.gc.ca/apps/dfhd/page_nhs_eng.aspx?id=13338

http://www.museemalartic.qc.ca/en/

https://ottawariver.org/pdf/05-ch2-3.pdf

http://www.kinawit.ca/

https://www.rcaaq.info/en/les-centres/val-dor/

The post Val-d’Or — Québec’s Hidden Gem Worth Discovering appeared first on O3 Mining.


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Truths Concerning Gold-- 37 Fun Gold Truths That Will Certainly Make You Go "Hmmm ...".

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Facts about gold — From adorning royals to stabilizing economies, creating dental pieces, and even making your phone work more efficiently, this highly valued precious metal has been used for a variety of purposes throughout history. Because of its significant influence on the shaping of culture and science, gold is one of the most well-known metals. Gold has been used for much more than just jewelry because of its malleability and lustre, but few people are aware of its interesting history.We did a little bit of digging and compiled this list of fun gold facts. Prepare to wow your friends or takeover trivia night with random tidbits of knowledge that you learn today.

38 Fun Facts About Gold

  1. The etymology of “gold” finds its roots in the Proto-Indo-European, meaning *ghel- (2), or to “shine.” The term was also used to describe colours like yellow in the context of vegetation.
  2. Humans have mined nearly 200,000 tons of gold since the beginning of civilization.
    Source: gold.org
  3. Bulgaria discovered the world’s oldest golden object. The discovery established that humans were using this material for metalworking as early as 6,500 years ago.
    Source: CBC/Bulgarian Academy of Science
  4. Although historical documentation shows that humans have been using gold for over ~6,500 years, two-thirds of all above-ground gold was mined in the last 70 years. The surge in gold production is mainly due to technological advances and more efficient extraction processes.
  5. It is estimated that there are 10 billion tons of gold in the world’s oceans. However, mining it wouldn’t be an easy task. The concentration of gold in the ocean is so low because it is so dilute.
    Source: National Oceanic and Atmospheric Administration
  6. Gold has been discovered on each of the seven continents, including Antarctica. Source: Welcome to The Scientific Committee on Antarctic Research
  7. The word Carat derives from the Arabic word “qīrāṭ,” which means “bean pod,” which is derived from Greek “keration,” which refers to both the carob bean and a small weight. Initially, a carat was a unit of mass based on the carob seed used by ancient merchants. Early in the twentieth century, the carat weight was set at 200 milligrams or 0.2 grams.
  8. The largest gold nugget in the world is the “The Hand of Faith.” It was discovered with a metal detector in Australia in 1980, and it is now on permanent display at Golden Nugget Casino in Las Vegas.
  9. Until 1912, Olympic gold medals were made entirely of pure gold. They must currently contain at least 6 grams of gold and at least 92 percent silver.
    Source: Olympics.com
  10. The Aztec people referred to gold as “cozteic teacuitlalt,” which means yellow sacred excrement — basically poop of the gods. Tonatiuh, a sun god, is one of the gods from whom the name for gold, Tonatiuh icuitl, is derived.
    Source: Klein, Cecelia. (1993). Teocuitlatl, “Divine Excrement”: The Significance of “Holy Sh*t” in Ancient Mexico. Art Journal. 52. 20. 10.2307/777364.
  11. A gold rush occurred in North Carolina about 50 years before the 1848 California Gold Rush. The first discovery of gold was made by a 12-year-old boy named Conrad Reed, who found a 17 lb gold nugget in the creek that ran past his family farm.
    Source: ncpedia.org
  12. Clothilde Gilbert’s accidental discovery of a famous gold nugget in the Beauce region sparked Quebec’s first gold rush, with the first alluvial gold operation opening in 1847.
    Source: Gouvernement du Québec
  13. Gold is a chemical element. The symbol for gold is Au, and it is element 79. Despite its Anglo-Saxon name, gold comes from the Latin Aurum, which means “shining dawn.”
  14. The melting point of gold is 1,064°C, (1,947°F). The metal with the highest melting point is Tungsten at 3,422 °C (6,192 °F). Can you guess the lowest? It’s mercury, which is liquid at room temperature and has a melting point of −38.83 °C (−37.89 °F)
  15. Because gold is a noble metal, it will not rust, tarnish, or form an oxide film on its surface when exposed to air.
  16. Alchemy was a medieval speculative philosophy and chemical “science” that predated chemistry (real science) to turn base metals into gold, discover a universal cure for disease, and extend life indefinitely. Alchemists believed that they could transform materials, such as lead, into gold.
  17. The current world standard of 200mg metric carat was established in 1907, with the United States adopting it in 1913. Previously, the standards ranged from 187mg to 215.99mg.
  18. Gold is the 58th rarest element among the 92 naturally occurring elements. Platinum-based metals such as osmium, rhodium, and iridium are among the rarest elements on the planet.
    Source: miningtechnology.com
  19. Gold is often melted down, purified, and reused because it is virtually indestructible — this means that your gold ring could contain ancient Aztec gold or (or poop of the gods).
  20. Did you know that it is possible to shape pure gold by hand? Without a doubt, pure gold is soft enough to do this.
  21. Gold Asteroids? Nearly all of the gold on Earth was formed by meteorite impacts 200 million years ago. (Some geologists contest this theory, however.)
    Source: National Geographic
  22. Gold has been used in many medical applications and even as a treatment for rheumatoid arthritis. Patients receive liquid gold injections to reduce joint inflammation.
  23. Gold is one of the most popular precious metals for investment. It holds its value over the long term, is an effective hedge against inflation, and is frequently linked to major economic events.
  24. Until 1971, the majority of western economies’ currencies were on the “gold standard.” Switzerland was the last country to abandon the gold standard when it joined the IMF in 1999. Until that point, 40% of a Swiss Franc was backed by gold.
  25. Palladium, no longer the most expensive metal, surpassed gold’s value in 2018. Currently, the most expensive metal is rhodium.
  26. In 540 B.C., King Croesus of Lydia issued the first pure gold coins. Henry VIII, Diocletian, and Nero were notorious gold debasers who mixed other metals into gold coins, lowering their value.
    Source: Encyclopedia Britannica
  27. Fort Knox held more than 147 million troy ounces of gold as of March 2021 and houses roughly half of the United States’ gold reserves.
    Source: US Mint
  28. The world’s first gold vending machine was unveiled in Abu Dhabi in 2010. The vending machine is made of gold, and the prices are updated every minute to reflect market value.
    Source: Cnet
  29. In 2002, Sotheby’s sold the 1933 Double Eagle $20 coin for $7.59 million, making it the most valuable gold coin in the world. There are only 20 of these coins in existence.
    Source: BBC News
  30. Elvis Presley, a well-known car collector, owned the first Stutz Blackhawk prototype. This vehicle was super lavish, featuring 24K gold plates, bezels, mouldings, and trim.
    Source: Driving.ca
  31. One ounce of gold can be beaten into a 100-square-foot sheet.
  32. Pure gold does not irritate the skin. Reactions are typically associated with mixing other metals (such as nickel or silver) in lower carat gold jewellery.
  33. Because of its purity, it is safe to consume gold in small amounts and is sometimes an additive to high-end beverages and foods. (However, we do not recommend gold as part of a healthy, balanced diet.)
  34. For at least four millennia, gold has been used to strengthen or cap weak teeth because it is durable in the body and highly malleable, and non-toxic.
    Source: Colgate
  35. The average human being has 0.2 mg of gold in their body.
    Source: The Elements, Third Edition, Oxford
  36. According to the World Gold Council, China is the world’s leading gold producer as of 2021. Due to its technological manufacturing, jewelry demand, and central bank reserves, China is also the world’s largest gold consumer.
  37. Astronauts’ visors feature a very thin, transparent layer of gold (.000002 inches) as a protective film to reduce glare and heat from sunlight.
    Source: Smithsonian National Air and Space Museum/ NASA
  38. Gold is an excellent electrical conductor and does not tarnish. As a result, it can be found in nearly every sophisticated electronic device, including smartphones, from connectors to switches to connecting wires.

The post Facts About Gold – 37 Fun Gold Facts That Will Make You Go “Hmmm…” appeared first on O3 Mining.

https://www.goldira.pw/truths-concerning-gold-37-fun-gold-truths-that-will-certainly-make-you-go-hmmm/

Sunday, 30 January 2022

Gold Mining Stocks and the Life Process of a Mine

Gold mining stocks often play a key role in the savvy investor’s portfolio as an alternative way to invest in gold. When investors think of mining stocks, they usually think of gold miners — companies searching for and extracting gold.  Investors often turn to gold mining stocks as a hedge against disaster while also being profitable investments. Uncertainty and fear in traditional stocks, as well as a weak US dollar, can drive gold prices (and, by extension, gold stocks) higher. Because their prices aren’t strongly correlated with the broader market, they can be a valuable source of portfolio diversification.

A benefit of investing in stocks in gold mining companies over direct investments in physical gold is room for growth. One ounce of gold today will still be one ounce of gold a century from now. While physical gold has held its value and buying power over the years, it is essentially unproductive in the sense that it will not multiply or grow.

 

Stocks in gold mining companies

One major disadvantage of a direct investment in gold is that there is no room for growth.  If you put one bar away for safekeeping and retrieve it ten years from now, its value might have increased, but it is still the same bar of gold. The unproductive nature of physical gold is why some investors prefer to invest in gold mining stocks. The value of mining companies tends to track the prices of the commodities on which they focus. However, because miners run businesses that can grow over time, investors can benefit from the increased output. Being able to scale a company and potentially increase share prices provide benefits that investing in physical gold will never offer.

The mining industry is popular with investors because of its consistency — mining companies produce metals and other raw materials for consumer and industrial use where there is a constant demand. The sector is divided into two categories by investors: majors and juniors. 

Junior miners are small, early-stage mining companies that have yet to mine any resources and are still in the exploration and development stage. In our article, Junior Mining Stocks- Potential for Massive Rewards, we dive deeper into junior miners’ benefits and return potential.

Majors are more established mining companies with extensive claims and capital reserves to fund future exploration.

Like companies in any industry, mining companies face risks, including commodity price fluctuations, geopolitical factors in the mines’ locations, and finding profitable geological areas to stake a claim. Overall, gold miners can outperform gold, depending on what’s going on at that particular miner.

Another thing to consider is that the majority of gold miners produce more than just gold. If you want to diversify your investment in precious and semiprecious metals, a miner that mines more than just gold may be a net positive. However, if you are only interested in pure gold exposure, every ounce of a different metal extracted from the ground dilutes your gold exposure.

When deciding which gold mining stocks to buy, potential investors should consider a company’s mining costs, management team, existing mine portfolio, and expansion opportunities at both existing and new assets.

When researching mining stocks, many focus solely on the main commodity that the mine produces. Whether it’s uranium, gold, silver, palladium, or any other natural resource, understanding the entire extraction process is essential for appreciating the asset.

Because geological factors create different mining environments, no two mining projects are the same. Because of the complexity of mine planning, the lifecycle of a mining project should be taken into consideration.

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The 5 Stages of a Mining Project:

1.) Exploration 

Exploration of gold mines is difficult and time-consuming. Exploration takes massive amounts of time, money, and expertise in various fields, such as geography, geology, chemistry, and engineering. Modelling the orebody and assessing its feasibility can occur once basic facts about the local geology and potentially viable deposit have been established.

2.) Development

The next stage of the gold mining process is gold mine development. It entails the design and construction of the mine as well as supporting infrastructure. Before beginning construction, mining companies must obtain the necessary permits and licenses. This usually takes several years, though it varies a lot depending on where you are.

3.) Construction

Construction might not be limited to the mine. Mining companies frequently build local infrastructure and amenities to support both logistical and operational needs, as well as employee and community welfare, in addition to potential processing capacity. This development is a significant source of long-term support for local communities, and it is one of the most critical ways gold aids economic development.

4.) Operation

The gold mining operation stage represents a mine’s productive life, during which ore is extracted and processed to produce gold. Processing entails converting rock and ore into a high-purity metallic alloy known as doré, which typically contains 60-90 percent gold.

Several factors, such as the spot price of gold or input costs, will influence which areas of an orebody are deemed profitable (economic) to mine throughout its life. Mining low-grade ore will become profitable in times of higher prices because the higher price will offset the increased cost of extracting and milling larger volumes. When prices are lower or higher costs, it may only be profitable to extract and process higher-grade ores. Mining companies review mine plans regularly as market conditions change and new technical information becomes available.

5.) Decommissioning 

A mine will eventually cease operations, possibly because the ore body is exhausted or the remaining deposit becomes unprofitable to mine. The work then focuses on its decommissioning, dismantling and rehabilitation of the land it was situated. Closing a gold mine is time-consuming and involves many different parties and levels of government. Mining companies must also monitor the mine site long after the mine has been closed to ensure the safe transition back to its normal state.

Every billion-dollar project varies in some way (location, commodity, size) — however, the lifecycle explained form the backbone of mine development and a successful mining company.

The post Gold Mining Stocks and the Life Cycle of a Mine appeared first on O3 Mining.

http://www.goldira.pw/gold-mining-stocks-and-the-life-process-of-a-mine/

Saturday, 29 January 2022

Gold Coins Are An Excellent Investment

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Gold Coins Are An Excellent Investment


If you are looking for coins with definite investment potential, gold coins are an excellent place to start. Though they are expensive when starting out, the investment value of gold itself makes them a very attractive option. And, because gold is bought and sold routinely on the commodities market, it is easy to stay on top of the price of gold, making it easy to follow the price of your gold coins. Which makes gold coins the equivalent of stocks or bonds for the coin collector.

Admittedly, it is not always easy to get into the market for gold coins. After all, gold is expensive, so coins made from gold are going to be pretty pricey. However, there are usually several weights available, so you will be able to find something that will fit your price range. However, when looking for gold coins, it is usually fairly easy to find a dealer. Many coin dealers are attached to the gold coin market and, if they cannot sell them to you directly, they will be able to connect you with someone who can.

There are also several internet merchants who offer gold coins, but it is a good idea to be careful when shopping online. After all, there are a lot of proper merchants out there, but there are also a lot of shady folks looking to make some quick money. So, before purchasing online, do some research and check the vendors out thoroughly. Be especially careful of anyone selling coins for prices that are lower than the market value for gold. This is a case where anything that seems too good to be true absolutely is too good to be true, because nobody is going to sell you anything at a loss – especially not a commodity like gold.

Of course, because gold is a commonly bought and sold commodity, the value of your gold coins can be tracked easily. The price can be found online, in the newspapers, and on the evening news. And, because the prices of gold coins are tied to the price of the gold that it contains, you don’t have to worry about the coin market itself. While collectible coins may have upswings and downswings, gold not only increases in value over time, but it also tends to keep its value very well. Which means that gold coins are a way to stabilize your investments as you place your money into a very tangible resource.

When looking for a solid investment that does not require a great deal of knowledge and research, gold coins are a very good place to start. They are easy to find, their value is easy to determine, and they are steady, reliable investments that will hold their value better than almost anything else. And, let’s face it, gold coins are just plain neat to look at. So, if you are looking for a tangible, sturdy investment that is not only valuable, but attractive as well, gold coins will make you happy every time.

http://www.goldira.pw/gold-coins-are-an-excellent-investment/

Gold Investment Advice - Do Your Homework

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Gold Investment Advice - Do Your Homework


Recently there has been a resurgence in investing in gold and other precious medals. Since no one can predict whether or not your investments will go up or down, getting reliable and sound gold investment advice should be step number 1.

Of course, in order to make money on your gold investment you need to buy right. When buying gold you can either buy gold bars or gold coins.

Of course, when it comes to investing your ultimate goal is to make money when you sell, more money than you paid for the gold when you bought it.

To get the most out of your sale you have to consider when and to whom you will sell when the time comes. Will you sell all your gold in one batch or will you sell it off a little here and a little there? The reason you want to consider these issues now is that it can help you figure out what types of gold you should buy.

If you want to sell off your gold over time, you're probably better off buying coins since you can sell one or all of your coins but if you had only gold bars you can't just sell a portion of the gold bar.

Make sure that you consider your exit strategy when buying your gold. The types of coins you buy will have a lot to do with how easy they are to sell as well. All of this will need to be thought about before you start your investing career.

If possible, you should try to find a reputable local dealer. More than likely you will be spending a lot of time investing in gold. It's always a good idea to have someone close to home who you can ask questions of and learn from.

If you either don't have anyone close to home, or you simply don't trust the people you find locally, you can always turn to the internet to find dealers. While it's always important to ensure that the dealers you work with are reputable, it's probably even more important when finding online dealers.

It can be hard to gauge the trustworthiness of someone you can't actually talk to in person. Do a search on Google and look for testimonials.

Don't ever be afraid to ask for help and ask questions. The best thing you can do for yourself is to take a lot of time to educate yourself. Don't every just turn your money over to a dealer and let them make all the decisions about what type of gold is best for you to invest in. Always be an active partner in your investing.

Investing in gold can be a great way to hedge against certain economic conditions. As with all investing, the amount of success you have will be in direct proportion to the amount of knowledge you have. Take the time to get solid gold investment advice and never be afraid to ask questions.

http://www.goldira.pw/gold-investment-advice-do-your-homework-13/

Facts About Gold – 38 Fun Gold Facts That Will Make You Go “Hmmm…”

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Facts about gold — From adorning royals to stabilizing economies, creating dental pieces, and even making your phone work more efficiently, this highly valued precious metal has been used for a variety of purposes throughout history. Because of its significant influence on the shaping of culture and science, gold is one of the most well-known metals. Gold has been used for much more than just jewelry because of its malleability and lustre, but few people are aware of its interesting history.We did a little bit of digging and compiled this list of fun gold facts. Prepare to wow your friends or takeover trivia night with random tidbits of knowledge that you learn today.

38 Fun Facts About Gold

  1. The etymology of “gold” finds its roots in the Proto-Indo-European, meaning *ghel- (2), or to “shine.” The term was also used to describe colours like yellow in the context of vegetation.
  2. Humans have mined nearly 200,000 tons of gold since the beginning of civilization.
    Source: gold.org
  3. Bulgaria discovered the world’s oldest golden object. The discovery established that humans were using this material for metalworking as early as 6,500 years ago.
    Source: CBC/Bulgarian Academy of Science
  4. Although historical documentation shows that humans have been using gold for over ~6,500 years, two-thirds of all above-ground gold was mined in the last 70 years. The surge in gold production is mainly due to technological advances and more efficient extraction processes.
  5. It is estimated that there are 10 billion tons of gold in the world’s oceans. However, mining it wouldn’t be an easy task. The concentration of gold in the ocean is so low because it is so dilute.
    Source: National Oceanic and Atmospheric Administration
  6. Gold has been discovered on each of the seven continents, including Antarctica. Source: Welcome to The Scientific Committee on Antarctic Research
  7. The word Carat derives from the Arabic word “qīrāṭ,” which means “bean pod,” which is derived from Greek “keration,” which refers to both the carob bean and a small weight. Initially, a carat was a unit of mass based on the carob seed used by ancient merchants. Early in the twentieth century, the carat weight was set at 200 milligrams or 0.2 grams.
  8. The largest gold nugget in the world is the “The Hand of Faith.” It was discovered with a metal detector in Australia in 1980, and it is now on permanent display at Golden Nugget Casino in Las Vegas.
  9. Until 1912, Olympic gold medals were made entirely of pure gold. They must currently contain at least 6 grams of gold and at least 92 percent silver.
    Source: Olympics.com
  10. The Aztec people referred to gold as “cozteic teacuitlalt,” which means yellow sacred excrement — basically poop of the gods. Tonatiuh, a sun god, is one of the gods from whom the name for gold, Tonatiuh icuitl, is derived.
    Source: Klein, Cecelia. (1993). Teocuitlatl, “Divine Excrement”: The Significance of “Holy Sh*t” in Ancient Mexico. Art Journal. 52. 20. 10.2307/777364.
  11. A gold rush occurred in North Carolina about 50 years before the 1848 California Gold Rush. The first discovery of gold was made by a 12-year-old boy named Conrad Reed, who found a 17 lb gold nugget in the creek that ran past his family farm.
    Source: ncpedia.org
  12. Clothilde Gilbert’s accidental discovery of a famous gold nugget in the Beauce region sparked Quebec’s first gold rush, with the first alluvial gold operation opening in 1847.
    Source: Gouvernement du Québec
  13. Gold is a chemical element. The symbol for gold is Au, and it is element 79. Despite its Anglo-Saxon name, gold comes from the Latin Aurum, which means “shining dawn.”
  14. The melting point of gold is 1,064°C, (1,947°F). The metal with the highest melting point is Tungsten at 3,422 °C (6,192 °F). Can you guess the lowest? It’s mercury, which is liquid at room temperature and has a melting point of −38.83 °C (−37.89 °F)
  15. Because gold is a noble metal, it will not rust, tarnish, or form an oxide film on its surface when exposed to air.
  16. Alchemy was a medieval speculative philosophy and chemical “science” that predated chemistry (real science) to turn base metals into gold, discover a universal cure for disease, and extend life indefinitely. Alchemists believed that they could transform materials, such as lead, into gold.
  17. The current world standard of 200mg metric carat was established in 1907, with the United States adopting it in 1913. Previously, the standards ranged from 187mg to 215.99mg.
  18. Gold is the 58th rarest element among the 92 naturally occurring elements. Platinum-based metals such as osmium, rhodium, and iridium are among the rarest elements on the planet.
    Source: miningtechnology.com
  19. Gold is often melted down, purified, and reused because it is virtually indestructible — this means that your gold ring could contain ancient Aztec gold or (or poop of the gods).
  20. Did you know that it is possible to shape pure gold by hand? Without a doubt, pure gold is soft enough to do this.
  21. Gold Asteroids? Nearly all of the gold on Earth was formed by meteorite impacts 200 million years ago. (Some geologists contest this theory, however.)
    Source: National Geographic
  22. Gold has been used in many medical applications and even as a treatment for rheumatoid arthritis. Patients receive liquid gold injections to reduce joint inflammation.
  23. Gold is one of the most popular precious metals for investment. It holds its value over the long term, is an effective hedge against inflation, and is frequently linked to major economic events.
  24. Until 1971, the majority of western economies’ currencies were on the “gold standard.” Switzerland was the last country to abandon the gold standard when it joined the IMF in 1999. Until that point, 40% of a Swiss Franc was backed by gold.
  25. Palladium, no longer the most expensive metal, surpassed gold’s value in 2018. Currently, the most expensive metal is rhodium.
  26. In 540 B.C., King Croesus of Lydia issued the first pure gold coins. Henry VIII, Diocletian, and Nero were notorious gold debasers who mixed other metals into gold coins, lowering their value.
    Source: Encyclopedia Britannica
  27. Fort Knox held more than 147 million troy ounces of gold as of March 2021 and houses roughly half of the United States’ gold reserves.
    Source: US Mint
  28. The world’s first gold vending machine was unveiled in Abu Dhabi in 2010. The vending machine is made of gold, and the prices are updated every minute to reflect market value.
    Source: Cnet
  29. In 2002, Sotheby’s sold the 1933 Double Eagle $20 coin for $7.59 million, making it the most valuable gold coin in the world. There are only 20 of these coins in existence.
    Source: BBC News
  30. Elvis Presley, a well-known car collector, owned the first Stutz Blackhawk prototype. This vehicle was super lavish, featuring 24K gold plates, bezels, mouldings, and trim.
    Source: Driving.ca
  31. One ounce of gold can be beaten into a 100-square-foot sheet.
  32. Pure gold does not irritate the skin. Reactions are typically associated with mixing other metals (such as nickel or silver) in lower carat gold jewellery.
  33. Because of its purity, it is safe to consume gold in small amounts and is sometimes an additive to high-end beverages and foods. (However, we do not recommend gold as part of a healthy, balanced diet.)
  34. For at least four millennia, gold has been used to strengthen or cap weak teeth because it is durable in the body and highly malleable, and non-toxic.
    Source: Colgate
  35. The average human being has 0.2 mg of gold in their body.
    Source: The Elements, Third Edition, Oxford
  36. According to the World Gold Council, China is the world’s leading gold producer as of 2021. Due to its technological manufacturing, jewelry demand, and central bank reserves, China is also the world’s largest gold consumer.
  37. Astronauts’ visors feature a very thin, transparent layer of gold (.000002 inches) as a protective film to reduce glare and heat from sunlight.
    Source: Smithsonian National Air and Space Museum/ NASA
  38. Gold is an excellent electrical conductor and does not tarnish. As a result, it can be found in nearly every sophisticated electronic device, including smartphones, from connectors to switches to connecting wires.

The post Facts About Gold – 38 Fun Gold Facts That Will Make You Go “Hmmm…” appeared first on O3 Mining.

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Gold: A Solid Investment

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Gold: A Solid Investment


Make no mistake, the currency crisis is coming.

Rather than sitting back and letting it happen, protect yourself and profit from an economic upset that could basically render your dollars about as worthless as the paper they're printed on.

We saw a preview of this kind of debacle quite recently. In early 2006 a currency plunge triggered an avalanche of sell orders in emerging markets from Brazil to Indonesia. The Icelandic krona plunged nearly 10 percent in only two days, dragging down Icelandic stocks and bonds with it and subsequently spread to Brazil, Mexico, Poland and Turkey.

A precursor to this was the Asian Currency Crash of 1997, which sent stocks south like ducks in winter. Banks, insurance companies, real estate and bonds also fled the scene. The only viable option left was gold.

In the event of another such decline in currency values, gold will be worth at least 10 times its current value.

How is this possible?

Simple: Since gold cannot be made or printed at the whim of greedy politicos, it can't be devalued as quickly as the paper money that is printed whenever need arises.

When a currency is backed by gold, $1 in paper money has to be backed by approximately one dollar's worth of gold. Once a currency is no longer backed by gold, governments can print as much as needed. Naturally, most world governments have gone off the gold standard and that is why paper money has no intrinsic value.

As a result, most major institutions only speculate short term between those currencies and associated local values, such as stocks or bonds, and then they convert their profit into gold.

This is where we at Forex Super King excel. We specialize in global trading and diversification.

Our money is made in both currency trading, where we average 1,000 pips (price interest points) per month, and U.S. small stocks that recently acquired dual listings with the European exchange.

As a result, our clients can experience a short-term windfall from 50 percent to 400 percent by tapping into the heavy buying power of European investors with holding time from a day to a month. We then convert half of our profit every month into gold.

We'll show you how to get set up so that you can hold your funds in several currencies, even if you only have $500 to start.

We can also show you how to not only diversify internationally but how to trade the international markets as well as currency markets to realize substantial profit, short term.

https://www.goldira.pw/gold-a-solid-investment/

Thursday, 27 January 2022

Gold Investment Versus Alchemy – Turning Dross Into Gold!

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Gold Investment Versus Alchemy – Turning Dross Into Gold!


I’m often asked if Gold is a good investment and I invariably answer that gold may well be a good long term investment for an investor but I am a wealth creator and the very word “investment” is simply not part of my wealth creation vocabulary.

This statement usually results in a very perplexed look on my questioner’s face.

And so it was with Walter. Walter is a financially struggling bank employee and came to me to learn about wealth creation. (Yes I assure you, there are tens of thousands of financially struggling bank employees out there.)

‘Charles, so you are saying that if you had a spare $25,000.00 you would not even consider exchanging it for gold bullion?’

‘My dear chap, why would a wealth creator swap one asset (money) valued at $25,000.00 for another asset (gold) also valued at $25,000.00? Rather pointless exercise don’t you think?’

‘But gold may rise in value and your money might devalue – isn’t gold a hedge against such occurrences?’

‘Yet equally, gold could go down in price and the currency strengthen – surely what you are contemplating is just a form of gambling, is it not?’

‘On that logic all investment is a form of gambling, as prices of any share or commodity can go down as well as up. That is why one needs to weigh the risks.’

‘Exactly so – and that is why I am a wealth creator and not an investor or speculator. Investors and speculators hope and pray for some future event to occur, whereas a wealth creator insists on increasing one’s wealth at the point of purchase.’

‘But Charles you can’t buy gold bullion at wholesale rates – as you well know the spot price is fixed daily.’

‘Who said anything about paying wholesale price for it – I would prefer to be an alchemist and turn dross into gold.’

Walter’s young moon face went red with frustration. ‘Oh come Charles, please be serious with me and stop toying. I truly want to be wealthy one day and on a bank teller’s salary alone, I can’t see that happening.’

‘Oh but I am being serious. Turning dross into gold is a very enjoyable hobby – the challenge is not whether one can accomplish the task – merely how quickly one can accomplish each stage of the goal one sets for one’s self.’

‘An enjoyable hobby! … But how on earth do you do that?’

‘Simply by making the conscious decision to become a wealth creator – develop your own part time wealth program and stick to it. Besides my book The Secrets Of Wealth Creation Revealed, I’ve written many free articles that are now all over the web. Study them and then begin your wealth program ASAP! There are a thousand and one ways to accomplish the task of turning dross into gold. It’s a matter of first knowing the principles, secondly establishing an easily managed workable plan - then thirdly, having the fortitude to stick at it.’

‘You mentioned setting “goal stages” could you give me an abbreviated example of how one goes about the process?’

‘Well if your desire is to amass gold then if I were you, I would have a clean out boot or yard sale of all superfluous items in my possession (dross) to raise some initial capital. I would take that small amount of money and taking my time (because time is virtually immaterial to the success of this endeavor) haunt charity shops, other peoples yard and boot sales, auctions etc and buy items that I know I can resell at several times the price I paid.

I would keep a list of the expected realizable value of such items (wealth total) and keep buying and selling till that list total becomes about $9,000.00 in value. Now I know to you that may sound difficult to achieve right now but please understand, if you are working on 200% minimum mark up, this can be accomplished so quickly. That is $150.00 in sales becomes $450.00 which becomes $1,350.00 which becomes $4,050.00 which becomes over $12,140.00 and so on.

Now as I said, once that total of goods on hand passes $9,000.00, stage 2 of my wealth plan would come into effect. That is, I would then save the proceeds of the next approx $3,000.00 of sales (depending on current spot price) and purchase a 5 ounce gold bar.

The realizable value of the remainder of stock would still be a minimum of $6,000.00. My next task would be to quickly increase this total back up to $9,000.00 and then repeat the gold purchase. You can continue this process until you feel you have amassed enough gold.

You will find as you learn and gain experience, wealth creating will become your second nature. Opportunities will materialize all around you. Soon you will be running in and buying gold bars at least twice a month. People will think you have the Midas touch and you will be able to say ‘No it isn’t that at all – It is all the result of Alchemy and my dear old friend Charles Goodwin!’

Do not worry about the spot price fluctuating. Merely stay detached and consider that you are simply turning dross into gold and of course that is exactly what you are doing. If you have any doubts in your own abilities divide all the figures by 5 and initially buy an ounce of gold at a time. I can assure you the journey is both exciting and interesting. You will learn so much upon this journey and then one day the penny will drop and you will suddenly realize that the world is now your oyster. You can create as much wealth as you desire.’

‘Charles, forgive me – but may I ask the obvious question. You have shown me a fool proof way to amass great wealth, what do I do about taxation?’

‘I am a wealth guru as well as a mystic! Would I leave you floundering without a tax plan equally as simple and equally as effective? No of course I wouldn’t. But at some stage you will simply have to beg, borrow or steal a copy of (or dare I say it – even buy a copy!) The Secret Of Wealth Creation Revealed and truly – all will be revealed!’

http://www.goldira.pw/gold-investment-versus-alchemy-turning-dross-into-gold-13/

Buying Gold As An Investment And Trading Gold

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Buying Gold As An Investment And Trading Gold


With the economic state we are currently in: even more unpredictable stock market returns, evaporating retirement nest eggs and the weakening of the dollar, it's more difficult than ever to find a good long term investment. A lot of people only think of gold in terms of a piece of jewelry, but buying gold as an investment can be a very smart move.

As with all types of investments, your overall success will be closely tied to how much time you're willing to put in. To make the most out of your investment you must be willing to do your homework. If not, you may not realize the outcome you were hoping for.

Take some time to learn all you can about buying and selling gold. Find out the history of trading gold as well as what the potential is for you as an investor. Ask questions and don't just follow along blindly with what some 'guru' says to do. Knowledge is power, knowledge can also be profit.

You'll also want to decide what type of gold to buy. For the smaller investor buying gold coins can be a good options. These coins can be bought in smaller numbers and since they are literally quite small they are easy to buy, move, store and you may even be able to sell them for more than just the price of the gold if the coin is older and more rare. Instead of just selling the gold you can get more money from the sale and value of the coin itself.

Next you will need to locate a dealer. Make sure that it is a good reliable and honest dealer. Many times you will have better and more options online, but it's very important to only deal with someone you know and trust and sometimes having someone local can be a great idea. That way you can easily contact them if you have any questions or concerns.

If you don't have a local dealer, it doesn't mean you have to give up on your dream of investing in gold. You can easily find a dealer online. It's even more important for you to carefully check out any dealer before you do business with them. There are many reliable and reputable dealers online, unfortunately there are also many scammers on the internet.

Make sure you do searches and only deal with the most reputable dealers around.

Don't go overboard. Only invest what you can afford. Since you can buy gold in small sizes, as small as 1/20th of an ounce, you don't have to pay big to get your foot in the door and become an investor. Since you can buy such a small size, you can start investing with only a small amount of money.

The small size of these coins does make it easy for them to be stolen. Make sure that you keep them in a safe place (and don't blab about all the gold you have). Get either a safe or use a safe deposit box at your bank.

Buying gold as an investment can be a great hedge when stocks are not doing as well. Gold will almost always go up in value, just be willing to wait and don't expect to make a killing overnight.

https://www.goldira.pw/buying-gold-as-an-investment-and-trading-gold/

Wednesday, 26 January 2022

E Gold Investment - Real Value

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E Gold Investment - Real Value


Now more than ever we are becoming aware of the limitations of a currency system that is not based on any real asset. Using a credit card to make a purchase is just a 'paper' transaction. It isn't backed up by tangible goods. If the person who initiated the purchase doesn't pay, the vendor is out of luck in most cases. Using e gold investment is different since all transactions are backed by the equivalent value in gold.

Think of it like this, when you make a purchase with a credit card the person you buy the product or service from doesn't actually have anything of value backing up that purchase. They are essentially allowing you to back it up with a 'promise to pay'.

If you don't pay your bill, they simply won't get paid. If that happens in a wide spread manner, such as it is in the economy right now, that means a lot of companies don't have any money coming in.

With E gold, on the other hand. You are buying goods or services and it's like you're handing over the exact amount of gold to cover the purchase price.

It's a lot like how things used to be in the past. Think of the old west where someone would go into the general store and pay for their goods with a certain number of ounces of gold. That had real, tangible value and that is the concept behind e gold.

Today's paper currency is only as good as the government behind it. It isn't directly tied to an actual gold reserve like it used to be. In the past when the government printed up a billion dollars in currency they had a billion dollars of gold stored away in a vault. They didn't print more money than what they had in actual gold reserves.

It doesn't work that way anymore, at least not in the U.S. Our current system of currency is based off of a debt mentality. The treasury can print more money when and if they think it's necessary and they don't have to worry about tying it to any actual gold standard.

Many people believe that it's inevitable to move back to the gold standard method for determining the amount of currency in circulation. Part of the current economic meltdown is due to the fact that there is nothing 'propping' up our currency.

Investing with gold backed currency is a growing trend since virtually every country in the world recognizes the value of gold. Again, when you are investing worldwide and with the currencies of different countries being worth different amounts, it can be a challenge.

But when you are using egold to invest you are relying on a set value since there is actual gold bullion backing up that investment.

To learn more about e gold investment just go online. There you will be able to find all the information you need to explain the concept as well as explain the advantages of making investments which are backed up with actual gold reserves.



https://www.goldira.pw/e-gold-investment-real-value-13/

Gold Coins Are An Excellent Investment

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Gold Coins Are An Excellent Investment


If you are looking for coins with definite investment potential, gold coins are an excellent place to start. Though they are expensive when starting out, the investment value of gold itself makes them a very attractive option. And, because gold is bought and sold routinely on the commodities market, it is easy to stay on top of the price of gold, making it easy to follow the price of your gold coins. Which makes gold coins the equivalent of stocks or bonds for the coin collector.

Admittedly, it is not always easy to get into the market for gold coins. After all, gold is expensive, so coins made from gold are going to be pretty pricey. However, there are usually several weights available, so you will be able to find something that will fit your price range. However, when looking for gold coins, it is usually fairly easy to find a dealer. Many coin dealers are attached to the gold coin market and, if they cannot sell them to you directly, they will be able to connect you with someone who can.

There are also several internet merchants who offer gold coins, but it is a good idea to be careful when shopping online. After all, there are a lot of proper merchants out there, but there are also a lot of shady folks looking to make some quick money. So, before purchasing online, do some research and check the vendors out thoroughly. Be especially careful of anyone selling coins for prices that are lower than the market value for gold. This is a case where anything that seems too good to be true absolutely is too good to be true, because nobody is going to sell you anything at a loss – especially not a commodity like gold.

Of course, because gold is a commonly bought and sold commodity, the value of your gold coins can be tracked easily. The price can be found online, in the newspapers, and on the evening news. And, because the prices of gold coins are tied to the price of the gold that it contains, you don’t have to worry about the coin market itself. While collectible coins may have upswings and downswings, gold not only increases in value over time, but it also tends to keep its value very well. Which means that gold coins are a way to stabilize your investments as you place your money into a very tangible resource.

When looking for a solid investment that does not require a great deal of knowledge and research, gold coins are a very good place to start. They are easy to find, their value is easy to determine, and they are steady, reliable investments that will hold their value better than almost anything else. And, let’s face it, gold coins are just plain neat to look at. So, if you are looking for a tangible, sturdy investment that is not only valuable, but attractive as well, gold coins will make you happy every time.

http://www.goldira.pw/gold-coins-are-an-excellent-investment/

Tuesday, 25 January 2022

Gold Investment Advice - Do Your Homework

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Gold Investment Advice - Do Your Homework


Recently there has been a resurgence in investing in gold and other precious medals. Since no one can predict whether or not your investments will go up or down, getting reliable and sound gold investment advice should be step number 1.

Of course, in order to make money on your gold investment you need to buy right. When buying gold you can either buy gold bars or gold coins.

Of course, when it comes to investing your ultimate goal is to make money when you sell, more money than you paid for the gold when you bought it.

To get the most out of your sale you have to consider when and to whom you will sell when the time comes. Will you sell all your gold in one batch or will you sell it off a little here and a little there? The reason you want to consider these issues now is that it can help you figure out what types of gold you should buy.

If you want to sell off your gold over time, you're probably better off buying coins since you can sell one or all of your coins but if you had only gold bars you can't just sell a portion of the gold bar.

Make sure that you consider your exit strategy when buying your gold. The types of coins you buy will have a lot to do with how easy they are to sell as well. All of this will need to be thought about before you start your investing career.

If possible, you should try to find a reputable local dealer. More than likely you will be spending a lot of time investing in gold. It's always a good idea to have someone close to home who you can ask questions of and learn from.

If you either don't have anyone close to home, or you simply don't trust the people you find locally, you can always turn to the internet to find dealers. While it's always important to ensure that the dealers you work with are reputable, it's probably even more important when finding online dealers.

It can be hard to gauge the trustworthiness of someone you can't actually talk to in person. Do a search on Google and look for testimonials.

Don't ever be afraid to ask for help and ask questions. The best thing you can do for yourself is to take a lot of time to educate yourself. Don't every just turn your money over to a dealer and let them make all the decisions about what type of gold is best for you to invest in. Always be an active partner in your investing.

Investing in gold can be a great way to hedge against certain economic conditions. As with all investing, the amount of success you have will be in direct proportion to the amount of knowledge you have. Take the time to get solid gold investment advice and never be afraid to ask questions.

http://www.goldira.pw/gold-investment-advice-do-your-homework-13/

How To Invest in Gold

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How To Invest in Gold


The diversified portfolio has a small position in the gold market. For some investing in gold means holding gold coins. Some speculators buy gold contact futures on the commodity exchange. Future contracts are risky because you are betting that the price of gold will go higher in the future. The contract requires a relatively small up front payment, but there can be daily fluctuations that require you have funds to back the dips in the price of daily gold.

The reasons investors have been interested in gold is that the old reasoning was that if the stock market was down the gold market was generally up. This reasoning has become a possibility, but not an axiom of the current marketplace. The weakness in the dollar generally brings a surge in the price of gold. The current price for gold is in the range of $670. Prices have fluctuated within a range of $664 and the current high of $672. Traders think gold could easily go as high as $1,000 an ounce.

Investing in gold stocks and precious metal index funds can be purchased through a stock broker. A stock broker specializing in this area is very important because the investment needs savvy investment advice. Most of the larger brokerage houses have individuals that are specialized in the area of commodities and precious metal stocks.

There are certain international gold stocks that are noteworthy. A Canadian based international player in the gold market is Agnico-Eagle Mines. It trades on the New York Stock Exchange and the Toronto Stock Exchange under the stock ticker AEM. The stock is also sold on the Frankfurt Stock Exchange. This company has more than a thirty year history in the production of gold. Since the 1970s AEM has produced over four million ounces of gold. The company is international and has operations in Canada, United States, Mexico, Sweden and Finland.

Other noteworthy gold stocks include; Barrick Gold Corp, Goldcorp Inc., Kinross Gold Corp., and Newmont Mining. All of these gold stocks are currently trading on the upside, but it is advisable for all investors to make sure these stocks fit your investment risk potential.

In recent years the price of gold has been as low as the $450 an ounce range. Since the late 1970s gold has made huge profits for holders of gold. The key to owning gold is to know the various resistance points and to assess the global market for the use of gold. It is used primarily in jewelry manufacturing and other types of manufacturing. Currently in India there is a small slow down in the use of gold for jewelry making. The same applies to a degree in China. Whether it is enough of a slow down to effect the price of gold is uncertain.

Investors who trade in gold should seek the advice of an analyst that can factor in all the various aspects that effect the price of gold. If you own gold as a hedge against a weak dollar you should look for any strengthening in the dollar. The important thing to remember is to gage your investment in gold to a level that you are comfortable. If you bought spot gold at $600 an ounce, you might consider a rise to $720 a good profit. The ride to $1,000 an ounce may be bumpy and there is no telling when it will reach that level if it does as speculators have gambled.

There are numerous gold mining stocks on the market and if you are interested in a small investment you can find these stocks in the $5 to $12 range The smaller gold mining stocks do carry a risk because a great deal of overhead goes into making a mining company profitable.

The range of risk and amount you decide to invest in gold is a personal choice. It is always advisable to seek the expert advise of a stock expert or commodity expert before leaping into this market. Another sage piece of advise I learned is to trust my sense of cashing out before the price of gold drops significantly due to outside pressures or manipulations.

https://www.goldira.pw/how-to-invest-in-gold-3/

Monday, 24 January 2022

Gold Investing

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Gold Investing


Gold investing is a low-risk type of long-term investment.
Gold is slightly more risky than bonds, so you should be careful to pay attention to this. The reason for this is that while gold is used in some industries, it does not necessarily need to be worth as much money as it is. Also, part of the reason that gold is worth so much money is due to its comparative rarity. If the markets were to become flooded, chances are good that you would lose money. However, gold has a tendency to stay relatively stable, or to increase its value, over time.
How stable is gold investing? Well, the demand for gold is much higher than its supply. As you can tell, this is already good for people who are thinking about gold investing. Once there is more supply than demand, the price starts to rise. Since the demand for gold is almost twice the amount that is actually mined, the prices for gold are likely to go up steadily.
This also means that it is still a good time to invest in gold. The reason for that is that prices for gold need to go up so that there is not a gold shortage in the world. (After all, the increase in prices will decrease the demand until finally, there is no more gold shortage).
The first thing that you should keep in mind about gold investing, is that you should not put all of your money into one type of gold investment. You should also not just go out and buy a bunch of physical gold. While this is a good way to build a solid and insured foundation, you should also be investing in some of the other parts of the gold industry. For instance, if you invest in gold mines that are not producing at their top amount yet, or in potential gold mines, you stand a chance of making more money in the future.
Since gold is in such high demand, it is likely that any gold mines that are not producing much will start trying to produce more - so that they can cash in on the high demand and higher prices as well.
A good reason for investing in gold mines instead of just in physical pieces of gold, is that if you only invest in physical gold, it's more likely that it can be stolen from you, at which point you will lose your entire investment.

http://www.goldira.pw/gold-investing-13/

Investing In Jewelry

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Investing In Jewelry


To the serious and single-minded investor Gold, Platinum and Silver jewelry items are unlikely to come near the top of the potentially profitable opportunities that he or she will research.

It is reasonable to propose, that before venturing into this market, a tremendous amount of investigation should be carried out and knowledge assimilated that is not relevant to other investment vehicles.

Reliable contacts and dealers in the jewelry trade must be sought out and cultivated.
Perhaps most importantly the investor should treat jewelry as an all-consuming hobby so collecting aesthetically pleasing items that may, or may not, show a profit will still give pleasure.

This is as good a reason as any to explain why many savvy female investors take an interest in this market.

Silver jewelry as an investment, unless in the specialized antique market, is unlikely to provide serious investment opportunities unless sufficient volume can be purchased to produce a profit on the melt down value of the metal.

Investing in Gold Jewelry

Gold Jewelry as an Investment Vehicle.

Points to consider

Gold jewelry has been around for thousands of years, it has never gone out of fashion, never dates or fades. As a consequence there is a choice of two investment paths to take, antique or modern.

Antique jewelry with or without gemstones follows the pattern of other antique items in so far as age is not by any means the overriding factor.

There will be items of 100 years old or more that may not have a scarcity value to attract buyers into paying a premium over the basic value of the metal and gemstone content.

Entering this end of the market will therefore require an additional specialized knowledge of antiques and hallmarks. This will also apply to the antique silver jewelry market.
2700 tonnes of Gold is used annually in manufacturing jewelry.

Gold has a tendency to wear away over time and decrease in volume and weight when in use. It can also be subject to scratching resulting in loss of weight.

It is important to be familiar with the hallmarks and the symbols denoting purity. 18K means that the item is 75% pure, 14K = 58.5% pure. 1K is one twenty fourth part of 100% pure metal.

The balance is made up of other ingredients to make the item more durable or whiter.

It is believed that half of all the gold sold in the United States is stamped with a false

Karat weighting so only deal with established, reliable and registered merchants.

Trust is paramount; it is easy for jewelers to take advantage of unsuspecting investors who are not fully versed in the pitfalls of the market.

Investing in Platinum Jewelry

Platinum Jewelry as an Investment Vehicle.

Points to Consider.

Unlike Gold, Platinum has not got a long history of use in jewelry, anything earlier than 1900 is rare indeed.

Examples of Edwardian Platinum jewelry, often rings set with gemstones, can be purchased but beware of modern antique style platinum jewelry.

Studying antique platinum jewelry will need less application than studying gold antiques but it is essential to have a sound knowledge, particularly of the hallmarks, before entering the market.

Platinum is over thirty times more rare than Gold.

Approximately 85 tonnes of Platinum is used annually in the manufacture of jewelry.
Most of the Platinum used in jewelry is between 90% and 95 % pure.

The content is indicated in parts per thousand and not in Karats as in gold.

The properties of Platinum allow for more intricate and finer jewelry designs than possible with Gold.

Platinum is considerably more durable than Gold and will wear better and last longer in use.

Platinum is more resistant to scratching than Gold and if this occurs the metal is displaced and can be restored by a specialist and not lost, as is the case with Gold.

Platinum jewelry has become extremely fashionable and could be considered as the preferred jewellery of choice amongst the ‘glitterati’

In the US during the II world war Platinum was designated as a strategic metal and supplies were cut off from the jewelry trade.

Items that can be guaranteed as sourced from this period will have a considerable rarity value.

As with Gold, find a trusted and established dealer before parting with your money.

Bear in mind that the current value of the metal content of the piece and a view on the future direction of the price of the metal becomes an intrinsic factor in determining its’ potential as an investment.

Probably the best known of all diamonds is the Koh-I-Nor.

This gem is part of the British Crown Jewels and is set in Platinum.

It can be said that you get more for your money when investing in Platinum.

Palladium, which is recognized as a Platinum Group Metal (PGM) has overtaken

Platinum in the amount used in jewelry manufacture.

Both metals have considerable use in industry, particularly in automobile manufacturing where they are often interchangeable, so that usage can become dependant upon any price/supply differences.

When one has a price or supply advantage over the other a buying opportunity may occur in the jewelry market.

Summary

Investing in precious metal jewelry is to enter a highly specialized market with many hazards for the unwary and ill equipped.

Trust and integrity are priorities when buying or selling through a dealer in the market place.

There is no substitute for intensive research into all aspects, not only in the jewelry application, of the metal under consideration as an investment.

As an investment guru once said, “ If in doubt, stay out”.

http://www.goldira.pw/investing-in-jewelry/

Sunday, 23 January 2022

Why You Must Invest In Gold Today

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Why You Must Invest In Gold Today


Gold. Rare, beautiful, and unique. Treasured as a store of value for thousands of years, it is an important and secure asset. It has maintained its long term value, is not directly affected by the economic policies of individual countries and doesn't depend on a 'promise to pay'.

Completely free of credit risk, although it bears a market risk gold has always been a secure refuge in unsettled times. Its ‘safe haven’ attributes attract wise investors. Gold has proved itself to be an effective way to manage wealth.

For at least 200 years the price of gold has kept pace with inflation. Another important reason to invest in gold is its consistent delivery within a portfolio of assets. Its performance tends to move independently of other investments and of key economic indicators. Even a small weighting of gold in an investment portfolio can help reduce overall risk.

Most investment portfolios are invested primarily in traditional financial assets such as stocks and bonds. The reason for holding diverse investments is to protect the portfolio against fluctuations in the value of any single asset class.

Portfolios that contain gold are generally more robust and better able to cope with market ncertainties than those that don't. Adding gold to a portfolio introduces an entirely different class of asset.

Gold is unusual because it is both a commodity and a monetary asset. It is an 'effective diversifier' because its performance tends to move independently of other investments and key economic indicators.

Studies have shown that traditional diversifiers (such as bonds and alternative assets) often fail during times of market stress or instability. Even a small allocation of gold has been proven to significantly improve the consistency of portfolio performance during both stable and unstable financial periods.

Gold improves the stability and predictability of returns. It is not correlated with other assets because the gold price is not driven by the same factors that drive the performance of other assets. Gold is also significantly less volatile than practically all equity indices.

The value of gold, in terms of real goods and services that it can buy,has remained remarkably stable. In contrast, the purchasing power of many currencies has generally declined.

Traditionally, access to the gold market has been through: investment in physical gold, usually as gold coins or small bars,or, for larger quantities, by way of the over the counter market; gold futures and options; gold mining equities, often packaged in gold-oriented mutual funds.

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How To Cash In On The Upcoming Gold Boom (And Make 400% ROI Using This Unknown Tactic)!

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How To Cash In On The Upcoming Gold Boom (And Make 400% ROI Using This Unknown Tactic)!


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.

The average investor keeps piling into stocks, real estate & bonds - completely unaware that certain types of gold have been outperforming their risky holdings every year since 2000 (and the last couple of years have seen double returns over stocks). And as you're about to discover, we're right at the start of something very big...

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.

Why Investing In Gold Now Could Make For Spectacular Returns – The Facts Don’t Lie And This Is Why The Resurgence In Gold Prices Could Mean Big Things For Those Who Invest Early

Right now the U.S. government is desperately trying to fight deflation (lower prices) and it has categorically stated that it will look to prevent this at any cost. The long and short of this is that more “paper money” becomes available while the amount of gold stays constant. Can you think what this means?

The same amount of gold costs more paper dollars (or “money”) to buy.

So as the amount of money being printed goes up – so gold prices strengthen. It’s expected that a significant amount of money will be printed over the next years, and you don’t need me to tell you what that means for where gold prices are heading.

Sadly, there are even more reasons why the current gold run could well be the start of a huge bull run. Traditionally, gold has always performed strongly during times of uncertainty. I say “sadly” because as the long running war on terrorism sees no end in sight the amount of paper money needed to pay for conflicts etc rises. This huge increase in paper money will only continue to peg up the gold prices.

The Gold Shortage – One Of The Biggest Investment Banks In The World Is Predicting A Gold BOOM Caused By A Fundamental Shortage, A Glut Of Government Printed Paper-Money & Other Factors.

Credit Agricole, a leading French investment bank recently released a SHOCKING report (Cheuvreux report, named after the equity research department of Credit Agricole) that has highlighted the very real possibility of a coming gold boom.

“We are raising our mid-cycle gold price estimate to USD900/oz from USD750/oz and see the possibility of a spike to USD2,000, or higher. Covert selling (via central bank lending) has artificially depressed the price for a decade."

At the time of writing, gold prices were at the mid $500 levels per ounce, and many experts are predicting that the price could soar past $2000 per ounce. Why? The report highlights the basic shortage of gold stock – world governments are desperately short of gold bullion (possibly by levels higher than 50%). Demand for global gold remains high, yet world supply is highly limited (only 2,500 tonnes produced worldwide). In addition the over-supply of paper money and artificial suppression of gold prices over the last decade means that gold could well explode to as much as $2,000/oz – potential upside gains of almost 400%!

http://www.goldira.pw/how-to-cash-in-on-the-upcoming-gold-boom-and-make-400-roi-using-this-unknown-tactic/

Saturday, 22 January 2022

Favorite Gold Coins To Collect For Investment

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Favorite Gold Coins To Collect For Investment


Why Gold American Eagle Coins are Popular among Collectors

Gold coins are a favorite of coin collectors with an eye toward investment. Not only are golden coins lovely to behold, but they also have a value that is guaranteed, due to their precious metal content. The value of gold coins is usually higher than the value of their weight in gold bullion, making them a better investment than the gold market alone.

Many countries produce gold coins for collectors or for commemorative purposes. These coins oftentimes emphasize unique aspects of the country’s culture. Australia reveres its national animal with the Gold Kangaroo, for example, while China has a Gold Panda with a lovely design that changes every year. Canada’s coin features a powerful national symbol with the golden Maple Leaf, and South Africa mints the Krugerrand. One of the world’s best selling coins, the Krugerrand features the South African national animal, the Springbok. Taking its place as one of the most popular gold coins among investors and collectors, however, is the American Gold Eagle. The American Gold Eagle stands out among other bullion coins because of its lovely design, and because its value is backed by the full strength of the United States government.

The Beauty of American Eagle Gold Coins
The Gold Eagle features a representation of Lady Liberty striding with torch in hand through a field of light rays on its front side. This image is inspired by a golden coin designed by Augustus Saint-Gauden and minted from 1907 to 1933. The Augustus Saint-Gauden Double Eagle is widely considered to be one of the most beautiful coins America has ever produced. On the flip side of the American Eagle gold coins is a nest full of bald eagles, the national bird of the United States. The nest represents the American dedication to unity and family. Furthermore, a special die is used when minting these coins, to bring the gold to an especially high shine and to make it easier to see small details in the design.

American Eagle Gold Coins have Guaranteed Value
American Eagle gold coins are valuable not only for their lovely appearance, but also because they are the only bullion coin whose gold content is guaranteed by the United States government. Each American Gold Eagle is stamped with its exact gold weight, as well as its face value. They are minted from 22-karat gold, which by law must be pure gold bullion mined from within the United States. This guarantee of the authenticity of the precious metals used to make American Eagle gold coins is highly valuable to investors.

Buying American Eagle Gold Coins
Golden American Eagles were first produced in 1985 and come in a variety of sizes and values, ranging from the 1/10th oz American Eagle coin with a face value of $5, all the way up to full ounce gold coins with a face value of $50. Remember that most gold coins are worth more than their legal tender amount. Although they re not available for purchase directly from the U.S. Mint, American Eagle can be commonly found for sale in coin shops, on the internet, by gold dealers, and at coin shows. There are also variations on the American Eagle that are minted from silver or platinum instead of gold.

https://www.goldira.pw/favorite-gold-coins-to-collect-for-investment/

Gold Investment Coins - Do You Know Your Stuff

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Gold Investment Coins - Do You Know Your Stuff


To hedge against the falling dollar many smart investors are turning to a more tangible asset, gold. There are many ways you can invest in gold, you can actually purchase stocks in gold mines, gold bullion, and of course you can buy gold investment coins.

Before you pull out your wallet you want to know a little more about the process of buying gold as an investment. For the purpose of this article we're going to talk strictly about buying gold coins as an investment.

No matter what you invest in, there is always a direct correlation between the amount of knowledge you have and the amount of success you see with your investments. For that reason, it's very important you do your homework.

The price of gold has been going up for some time now and is at an all time high. Many coin collectors have begun to sell of their collections and they are being melted down just for the value of the gold. If this practice continues gold coins might become even more valuable since there won't be as big of a supply of them.

When you are ready to buy your first gold coin(s), make sure that you only purchase government made coins. These tend to have a higher value since their quality is well known amongst investors. Stay away from a privately minted coins.

Make sure that you will take possession of your coin as soon as you buy it. This may sound dumb, but it's not uncommon for people to let the investment company or the coin company to hold the coin for them. It may seem more secure but if the company is dishonest or goes out of business your investment will likely be gone too.

When you do bring home your new investment, make sure you have a safe place to keep them. It's best to either invest in a good quality, bolted to the floor safe at home, or get a safe deposit box at your local bank. It's probably also a good idea to not talk about all the expensive gold you have in your home... unless you want to be robbed.

Go online to find out what the current price of gold is before you make your purchase. Again, knowledge will help you make a smarter investing decision.

You've probably heard the investment advice: buy low, sell high. Collecting gold coins is no different. The lower you can buy a quality coin for, the higher potential for a big pay out down the road. I hate to sound like a broken record, but do your research.

One last point: no matter how much education and knowledge you gain, there is always some risk involved in investing (you can greatly reduce your risk if you are knowledgeable but it won't go away entirely). For that reason never invest more than you can afford to lose. Don't put yourself in the hole financially by investing more than you should.

Starting an investing career is always a good idea. It won't happen overnight and you shouldn't be pulling out your credit card anytime soon, but buying gold investment coins can help protect you against a falling dollar. These coins are not only a good investment they are beautiful and fun to collect too.
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