The precious metals market today is volatile and competitive. A price at 11:00 am is obsolete by 11:05. How are people to judge if a quoted price is fair? Consumers have learned that it’s smart to convert old jewellery to cash and use it for something productive. The challenge today is for consumers to choose [...]
Just when I thought I had heard every scam there is in the gold business, I just heard a new one. I pass it along here in the interest of public awareness in the hope that someone else will avoid being victimized. In this case the victim was approached by a legitimate seeming business person [...]
Group selling events, also known as , can be the best way to maximize your return when you sell old gold. There are cost efficiencies that can translate into more money for you and your guests, but there are also some cautions to be aware of. When you host a Gold Party with 6 or [...]
Congratulations to Dorothy Akitt from Kanata! She is the winner of our draw prize of a Kobo e-reader during The Jewel’s Ladies Get- Away Weekend. Dorothy was thrilled! She just damaged her old e-reader and so a new one was in perfect timing. During the Ladies Get-Away Weekend we cleaned rings, tested gold, bought some [...]
We often hear that gold is a “safe haven” investment in times of crisis, and yet in the recent crisis in Japan the price of gold dropped sharply, along with every other type of investment and most of the world’s currencies aside from the Yen and the US dollar. So is gold really a safe [...]
GoldSmart will be at the Jewel FM Ladies Getaway Weekend at the Chateau Cartier April 1,2 and 3 and is offering the exclusive GoldSmart Gold Party service throughout the Ottawa area. Jewel FM recently interviewed Angela Best, Partner in The GoldSmart Network, on both subjects. Click here: [Audio clip: view full post to listen] to [...]
There’s an old saying that says if something sounds too good to be true it probably is, and it was never so true as in the gold business. Over the course of my thirty years in this industry I think I may have heard them all, from schemes to recover gold from sea water to [...]
If you have ever tried to sell a gold bar or coin on eBay, you know that the listing fees and final valuation fees make it all but impossible to make any money yourself. In response, GoldSmart has established The GoldSmart Exchange at www.GoldSmartX.com as a peer-to-peer auction site with no listing fees and no [...]
Crime as old as time. In the news today we hear of 75-100 oz gold bars which were purchased using a fraudulent bank draft for about 1.9Million. The purchase price in itself seems a little fishy since the price for gold today hit $1,440/ troy ounce, the seller sold these bars in mid Feb. for [...]
At last night Gold Party we had 2 types of people; those that were able to let go and those who were not. Many of us have pieces of jewellery that have been in the family for years or even generations. We recognize them when we see them. The pieces have lost their luster, have [...]
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