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  #16  
Old 12-20-2012, 01:52 AM
whimsical whimsical is offline
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Default Re: Gold Investment

Quote:
Originally Posted by rockymountain View Post
suggestion for gold business:
Setting Up Your Gold Business
The first and one of the most important steps is to register your business as an LLC or corporation. This will prevent you from having any personal liability, instead all of the liability will be on the gold business. Typically this only requires a minimal amount of paperwork, if you are unsure how to do so in your state look at our guide on how to setup an LLC.
Setting Up the Connections
The next step is to ensure that you have ways to appraise, manage and sell the gold. Any business, gold or not needs to be able to turn assets into revenue. In order to buy the gold you have to know what it is worth, thus being able to purchase at a price that allows you to turn it at a profit.

Typically you need at least:

A person to appraise the gold
A person or company to purchase the gold
A person or company to sell you the gold (this may be consumers with gold)

The best way to find connections is to look locally. You can try and find wholesalers online but with the fluctuation in pricing of gold it is best to work with someone you can look in the eye and haggle with. Otherwise you will get significantly less for your gold when you go to sell it.
Creating Your Gold Business Plan

Once you have setup your connections so that you know your gold business is feasible, the next step is to develop a plan of how you are going to run your business. There are several different ways that a gold business can be profitable. If you can get loads or have financial backing then using gold as investing can be very effective.

Typically the appreciation of gold is greater than well performing stocks on wallstreet. If you can purchase gold at a discount from consumers, hold on to it and then sell it you will maximize your profits.

Of course not everyone can hang on to gold with out selling it, as this requires a fair amount of capital to cover expenses. A more common gold business plan is to buy gold from consumers at a discount and sell it to a gold wholesaler.
Advertise and Market your Gold Business

After you have spent the time to plan, register and setup your gold business you need to build awareness of it. This typically means advertising and marketing, which can be done in many low cost and affordable ways. I recommend looking into search engine marketing, radio advertising and TV advertising.

Gold businesses tend to perform the best in mid to low income areas, especially areas that heavily depend on manufacturing. So you may want to target your marketing and advertising efforts to areas that have these demographics.
Profit from your Gold Business

You really could get a gold business setup and running with in a matter of weeks. It is a great way to start a successful and low work income, it just takes some effort and faith. Good luck and great gold.

Thank you. Thank you. Thank you. You basically told me everything I need to know to start.

I may have to find connections locally, no luck yet but I have been doing research and asking people. There are a lot of people though suggesting online wholesalers.

Do you know of reliable online wholesalers?
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  #17  
Old 12-30-2012, 09:58 PM
Fredy Atwater Fredy Atwater is offline
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Default Re: Gold Investment

Gold May Be Down but Bulls Aren't Counting It Out

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By Javier E. David | Special to CNBC.com | CNBC Sat, Dec 29, 2012 12:08 PM ES

As investors collectively wring their hands over the outcome of the U.S. "fiscal cliff" negotiations, one asset in particular has emerged as one of the biggest losers: gold.
Both safe-haven and risk asset, the yellow metal had no shortage of fans up until very recently. Washington's efforts to rein in its budget deficit has forced gold's (Exchange:XAU=)nearly 12-year rally to hit the craggy rocks.
If the current trend continues, gold will see a relatively meager 5.7-percent gain this year - its lowest return since 2008 and just a fraction of its nearly 30 percent yield in 2010. On Friday, gold traded around $1660 an ounce - well below the record high of $1920 reached in September 2011.
Some say the correction is largely due to uncertainty over the fiscal cliff, when tax increases and spending cuts kick in.
Despite the correction, gold bulls say key fundamental factors still argue in favor of gold resuming its uptrend next year,with government policy at the top of that list.
"Since 2008, gold has correlated the best with our national debt ceiling," said Edmund Moy, chief strategist of Morgan Gold and a former director of the U.S. Mint from 2006 to 2011. He expects bullion to make a new run next year.
"Whenever gold has been above or below the debt ceiling, it will normalize to wherever that debt ceiling is," he said, explaining why the correction had been so deep. "If Congress lifts that debt ceiling to $18 trillion, I see gold rising to $1800," he said.
Gold's safe-haven properties are also expected to reassert themselves after the fear of higher taxes abates and worries about global instability come back into focus.
"Gold prices have been an economic and political barometer for the well being not just of the economy, but of the world,"said George Gero, vice president of global futures at RBC Capital Markets told CNBC's "Street Signs" this week.
"There have been plenty of problems,and we're going to return back to basics after the fiscal cliff," he said. "Sometime after January, people are going to take a second look at the world and say 'you know what, I do need someplace to put my money'."
As a result, the outlook for gold is "still positive," Dominic Schnider, head of commodity research at UBS Wealth Management, told CNBC's "Squawk Box" earlier this week.
"All of the elements for higher precious metal prices are here. The Fed is continuing its stimulus, balance sheets are exploding around the world, and real interest rates are in negative territory."
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  #18  
Old 01-01-2013, 01:53 PM
Thoram Thoram is offline
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Default Re: Gold Investment

I think it,s always nice to invest money in Gold, as it's always expected to get some profit out of investment, as the prices of gold keeps on increasing rapidly in almost every where. And is also nice and safe way to save your money.
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  #19  
Old 01-01-2013, 11:27 PM
st jacob st jacob is offline
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Default Re: Gold Investment

I would like to say that investment in Gold is the best investment plan. In this current situation investment in Gold can give you a lot possibilities of profit. You should go with it.for mor info you can visit this website below.
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  #20  
Old 01-02-2013, 12:48 PM
whimsical whimsical is offline
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Default Re: Gold Investment

Nice to hear people who thinks gold is a good investment. I was wondering if you have know any reliable sites or online wholesalers? I have been browsing a lot of sites but I want to make sure they are reliable before I go and purchase.
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  #21  
Old 01-03-2013, 03:00 AM
Alex0 Alex0 is offline
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Default Re: Gold Investment

Guys today i want to ask here about investment yesterday my friend comes to me and persuade me that i will invest my money in fencing business because he is the owner of this business he promise that he will give me a handsome amount of profit today i have to ask here that is it good or not ...?
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  #22  
Old 01-07-2020, 04:01 PM
Valz Miky Valz Miky is offline
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Default Re: Gold Investment

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  #23  
Old 01-20-2020, 12:02 PM
ColomboMan ColomboMan is offline
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Default Re: Gold Investment

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  #24  
Old 02-11-2020, 05:53 PM
Valz Miky Valz Miky is offline
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Default Re: Gold Investment

Gold investment can be extremely beneficial but it needs to be done wisely to be able to benefit from. I feel super cool and comfortable with FreshForex broker, as they are amazing with having all the major benefits that one can think about from tidy spreads, to bonuses and much more. It’s just picture perfect with them. I love their 200% Deposit Bonus, which obviously makes Gold trading even easier.

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