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  • China Driving Gold Jewelry To Double Digit Profits

    Published on October 27, 2009 · Filed under: Economy, Gold; Tagged as: , , ,

    Jewelry sales are climbing to double digit profits in China according to gold company Hong Kong Resources Holdings, Ltd. The Chinese middle class is driving the shopping spree. The nation’s economy grew 8.9% in the third quarter alone, and these real, actualized profits are allowing the middle class to grow larger than ever when most countries are losing their middle class and seeing huge wage gaps between the very rich and the very poor.

    Every year, 10 million couples marry in China, and analysts are expecting even more jewelry purchases in the fourth quarter because it coincides with the wedding season. Jewelers have been speaking to the press about expanding their retail store presence by the hundreds in mainland China. Gold and silver jewelry sails in China have gained 16% already this year, despite record highs for the price of bullion.

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  • Scrooge McDuck - Gold Investor

    Scrooge McDuck - Gold Investor

    Are you thinking about investing in gold. Great! But STOP and don’t go any further until you read our top 10 gold coins investment questions. We’ve answered all of the most important questions you need to consider before investing in gold, gold bullion or gold coins. If you have any more questions please comment below!

    • #1 – You hear gold is a good “hedge” or “insurance” what does this mean?
    • #2 – What type or kind of gold should you buy?
    • #3 – When should you buy?
    • #4 – Shouldn’t you just wait to buy gold, when it becomes necessary?
    • #5 –  How much should gold should you own?
    • #6 – What is the typical gold investor like?
    • #7 – Who or where should you buy gold from?
    • #8 – If the time comes to sell, where do you sell your gold?
    • #9 – What is the biggest mistake gold investors make?
    • #10 – Should you invest in gold stocks?

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  • Gold is hot right now (rightfully so!), and a question we often get asked is “How do I buy gold?

    Well before we begin to answer that question I want to highlight a few things about gold coins, gold bullion, gold bars (all of which we specialize in) as well as gold jewelry. Compared to other commodities such as other precious metals, organic materials, oil, etc. there is relatively little gold in the world. And, it is getting harder and harder to find gold and more and more expensive to dig further and further. The finite-ness (is that really a word? scarcity sounds better) as well as the physical beauty of gold lends itself to its value (both as an investment device as well as something to simply be admired and cherished). Despite the advent of new technologies to locate and mine gold, it continues to be one of the most precious, and amazing precious metals on Earth.

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