Archive for the ‘Precious Metals’ Category

Do mail-order gold places even know what they’re doing?

Thursday, August 6th, 2009

ChristianPF discussed how badly some mail-order cash-for-gold places pay.  The linked showed proof of a wide range of payments, ranging from peanuts to tiny peanuts.  While a pawn shop would pay $50 for a particular amount of gold chain, the three mail-order cash-for-gold companies paid $37.67, $11.50, and $5.70. But even ...

How much is that gold jewelry worth?

Saturday, June 13th, 2009

Short answer:  Probably less than you think, but more than you'll get from a gold-to-cash place. Pinyo over at Moolanomy asked whether Cash4Gold.com is a scam or not.  Cash4Gold.com, and places like it, will pay you for your jewelry based (mainly) on its precious metal content.  You ask them for a ...

Bread for gold

Monday, March 23rd, 2009

I was introduced to this video after reading about it on Gary North's site.  It's a short documentary on what  a village in Zimbabwe is doing as its currency thrashes in hyperinflation.  Merchants have stopped accepting the Zimbabwe dollars and will accept only gold. If you view only about 20 seconds ...

Why does my 10-ounce silver bar weigh more than 10 ounces?

Thursday, September 4th, 2008

As I was surfing around some other money blogs I ran across an investor who just bought some silver.  He weighed a 10-ounce silver bar and found that "strangely" it weighed 10.9 ounces. His scale is fairly accurate -- probably better than a tenth ounce.  What he actually measured ...