From Trash to Treasure: Selling Gold and Silver

Photo credit: Reuters.com

Timing can be everything when selling precious metals.  After the January dip in prices and subsequent peak in February, the volatility of the price of gold seemed to be looming over investors.  However, reports from New York earlier today noted a sharp rise in gold prices this morning, and these prices have held up very well over the entirety of the past week.  Silver has also remained stable since it hit a 31-year high price earlier this week.  These reports have put investors at ease and are making it the perfect time to for anyone to sell old jewelry.

Considering selling your old gold?  Why not now?  Holding onto old gold and silver can be detrimental if you want to maximize your profit with the unpredictability of price fluctuations.  While predicting the price of gold can be a seemingly impossible task, analysts agree that now is an excellent time for the price of gold.

Your gold ‘trash’ can become treasure when you sell it for cash.   Let the old, unused gold and silver collecting dust in your jewelry box work for you today while the price of these precious metals remains high.  What you can do with all of the cash you get for your gold?

Gold Prices Spiking: Time to Trade Gold for “Mad Money” for Your Summer Vacation?

On Wednesday morning, March 30, gold prices reached an unbelievable rate of $1,429.75 per ounce. Analysts believe the latest jobs report might be partially responsible for this "high water mark." How much longer will gold, silver, and other key commodities sell at high value? The answer is uncertain; some experts suggest that, as the economy improves, the stability of gold prices will falter. Other economists make opposite predictions.

What do these complicated economic trends mean for you? Essentially, if you own gold jewelry, artwork, or collectibles that you have been considering trading in for cash, now may be THE time to pull the trigger, assuming you want to optimize your return on investment.

By liquidating gold for cash now, you can use your freed-up funds to pay down any federal or California state taxes you might owe, pay off credit card debts, and stock up your IRAs for 2010 (while there's still time) to minimize your 2010 tax consequences.

On a more fun note… the money you get from trading gold for cash can be used to buy “treats” for yourself and your family over the summer. For instance, maybe you can use the proceeds you collect for selling mismatched jewelry, broken chains, estate jewelry, and scrap gold to pay for a well-deserved vacation to Belize.

Or perhaps you can trade in antique silver teapots, gold flatware, or even dental gold to pay for two weeks of summer camp for your children (i.e. two weeks of blessed “free time” for you and your spouse).

At Joe’s Gold and Silver, a family owned and operated business with a terrific reputation, we guarantee to pay more for your gold and silver than anyone else. Call us today at 818-JOE-GOLD, or visit any one of our four California locations in Encino, Hawaiian Gardens, Lawndale, or Beverly Hills.

Liquidate the gold you find during spring cleaning to fund a dreamy summer of 2011!

A Shockingly Powerful Spring Cleaning Resource: Sell Old Gold to Generate Cash Flow

Gold prices are going up again. But for how long?

With Spring 2011 about to bloom, homeowners (and renters) around the country are facing that age old question: when are we going to get the “spring cleaning” job done?

Decluttering is a natural part of emerging from the hibernation of winter. It gives us the opportunity to refresh, renew, get rid of old junky things, and trade in things that we’ve let accumulate in our lives for new, more enriching things. To wit, spring cleaning is an awesome time to locate and purge old jewelry, accessories, pocketbooks, knickknacks, and other notions. Many of these pieces may contain gold, silver, platinum, jewels, or other precious ornamentation – so you certainly don’t want to just throw them away. But can you make use of these “spring cleaning finds” to generate spare cash?

The answer: yes. Here’s the three-step process:

#1. Purge and set aside any jewelry, bags, or other pieces that you’d be willing to sell or trade.

#2. Get those pieces appraised at Joe’s Gold. Our professionals can make sure that you get top dollar for any gold (or other metals) you trade-in. Learn more about our process, history, and credentials at www.joesgold.com.

#3. Take the money you’ve earned from trading in your gold for cash to invest in spiffing up your home, buying a present for a loved one, or treating yourself to some indulgence that you’ve been putting off all winter (such as a day at the spa or a night on the town).

Jewelry photo courtesy of LaurenK and Colleen B jewelry. Email info@gosocialnow.com for editorial information or pricing.

Free iPad 2 Giveaway from Joe's Gold & Silver

Joe’s Gold and Silver boasts locations in Lawndale, Encino, Hawaiian Gardens, and Beverly Hills, California – as well as Honolulu, Hawaii and Las Vegas, Nevada. Our Beverly Hills location is a terrific place to trade in your old unwanted jewelry, such as high-end bags and accessories, to free up funds to purchase new jewelry to buy at luxury outlets on Rodeo Dr.

Given the state of the national and California economies, gold, silver, and other precious commodities are in high demand. Now may be the perfect point in the market cycle to leverage your gold and silver jewelry and accessories for maximum investment effect. The commodities markets will almost certainly change course soon – so you want to strike while this “perfect storm” continues to hold.

Even if you have a diverse and well-stocked collection of high-end hand bags, jewelry, and other accessories at home, you may not have the liquid capital right now to spend on your collection. Or perhaps you're bored with some of the pieces you currently have.

At Joe’s Gold and Silver – located at 239 South Robertson Boulevard #10 (310-652-0255) – you can count on our trustworthy, experienced team to help you maximize the value of your property and put cash in your hand immediately to purchase luxuries or essentials. Do you own accessories, jewelry or other pieces that may or may not contain gold? Would you like to know for sure? Our staff can test each piece, weigh your gold, and provide a customized quote. The prices that we pay for our gold jewelry are extremely competitive – other jewelers and pawn shops around the area do not provide the thorough, customized process that we do. We offer guarantee to beat any competition in Beverly Hills and the surrounding area and get you more money for your gold. 

One more thing - the new iPad 2 comes out on March 11, 2011 and you know we are giving away iPads to people who sell 200 grams of gold or more - come to us - sell your gold for cash and we will give you a free iPad too !

Learn more about us at www.gold2cashexchange.com, or call us at 310-652-0255.

Photo credit - Wired.com

3 Scenarios Where Trading Gold for Cash is a "No-Brainer"

Your goal is to make your home finances work efficiently and maximize your return on any investments. Trading your gold for cash is not for everyone. But it can be a surprisingly important, and often overlooked, strategy that can save you serious time, effort, and headaches.

Let's take a look at three common scenarios in which trading gold for cash makes perfect sense -- you might even call these situations "no-brainers."

Scenario #1: You collect a surprise inheritance during a time of personal financial turmoil.

Say your great aunt Terry passes away and leaves you a generous inheritance, including gold and silver jewelry and keepsakes. This windfall comes at a crucial time for your family: you're behind on the mortgage and knee-deep in credit card debt. You could save the gold and continue to plow through your financial headaches without relief. But why bother? Sell the jewelry, at least the pieces that don't have major sentimental value, and leverage the cash influx to wipe out your debt and pull away from the brink of foreclosure.

Scenario #2: You sell gold to further your financial education.

It took Warren Buffet decades to grasp the intricacies of business investing and build up Berkshire Hathaway to its current preeminent status. Learning about money takes time, effort, and careful experimentation. If you're at all interested in exploring gold or silver commodities trading, it helps to practice buying and selling. You don't have to sell your great great grandma's treasured ring that she brought over from the Old Country to get started. Use non-sentimental pieces. But get started! Cash for gold trading can lead to lucrative and exciting adventures.

Scenario #3: You trade gold to finance a new business.

Start-up enterprises -- be they new Internet companies or mom-and-pop "brick-and-mortar" shops -- require a jolt of investment capital during the early days. Where do you get this money? Maybe a generous family member will underwrite your endeavor. Or maybe you can convince a venture capitalist to fund your dream. Here's a great alternative: trade gold for cash, and avoid taking out a massive loan or racking up credit card debt. Leverage your assets to manage some of the risk of starting up your business.

To find out more about selling your gold  - call us at 818 Joe Gold. We are located in Southern California, Las Vegas, and Hawaii. Check out our site for locations at www.cash2goldexchange.com.

What You Need to Know About Selling Your Gold

Should you be selling your gold? As worries over the recession have
now given way to worries about inflation, rates for selling gold remain
at a high. Consider this: Just 10 years ago, a troy ounce of gold fetched
sellers around $300 (click here for data on gold price history across the world).
That same amount today now puts around $1,300 directly in
people’s pockets. Excess jewelry and watches, once the material signs
of wealth and status, are more and more becoming unnecessary items.
If the recession taught us anything, it’s that in times of financial duress,
people naturally tend to downsize. What’s most important to downsizers
is establishing a secure future and, right now, gold is helping sellers
of all ages earn extra cash to put towards college tuitions, mortgages,
debts and retirement funds. But even if your jewelry box isn’t full of gilded
adornments, broken/bent jewelry and gold coins are also common sources
for potential cash.

At the last close of today’s market, gold was fetching $1,348.40 per
troy ounce. Now, that doesn’t mean that your gold earrings or cufflinks
alone will earn you that much. Because pure gold is too soft for everyday
use, gold jewelry is alloyed (blended) with copper and nickel in order to
strengthen it, as well as to alter its color and ductility. You’ll find copper
and zinc in yellow gold, while nickel and zinc is added to white gold. The
most common gold jewelry is 14 karat; pure gold is 24k. This means
buyers pay for the percentage of pure gold found in the jewelry, which
averages 55 percent. But the more gold you have to sell, the better your
odds are for earning beaucoup bucks. And the trend doesn’t seem to be
slowing down.

A recent Wall Street Journal article cites a Citigroup forecast that gold will continue to rise this year by 7 percent to reach $1,445 per ounce.
The same article cites that JP Morgan now accepts physical gold as collateral
against securities lending. Even the latest uprising in Egypt bears a direct
uptick in gold’s value. So whether you have outdated, old jewelry lying
around or you simply want to de-clutter your environment, selling gold is
a common and effective means for money. Wouldn’t you know it, you’ve
been sitting on a goldmine all along!

Come see us at Joe's Gold & Silver to get a free appraisal on your old unwanted jewelry. We have 4 locations in Hawaii, Las Vegas, Beverly Hills, and Encino. Call us at 818 Joe Gold for more information or visit us at www.cash2goldexchange.com.

Superbowl Parties - How To Have a Great Party

Who are your rooting for on Super Bowl Sunday? Are you a Pittsburgh Steelers fan or a Green Bay Packers fan? Either way you will be watching the game. In Dallas, they are still trying to clear the snow from the stadium and many fans are still trying to get to the game despite cold and snowy weather and canceled flights. If you are watching from the comfort of your home and having a Super Bowl party, here are some tips to having a successful Super Bowl party.

1.) Have lots of great food and drinks on hand
2.) Have a few televisions on the game in different rooms if you have kids and different age groups coming for the party
3.) Set up crafts tables for the kids to keep them busy
4.) Pick a team you want to win
5.) Download a free NFL iPad app
6.) Have a gold party

That's right, have a gold party in another room while the game is going on in the living room. While your husband is watching the game, have the wives or girlfriends come over with their old gold jewelry, watches, platinum, silver, and broken jewelry and invite Joe's Gold & Silver to come to your party for about 45 minutes to an hour and we will pay you a 10% referral fee of everything that is sold at the party. You will be happy you hosted the party and made some extra money for spending on what you want for Valentine's Day and your friends will be happy that they got rid of their old broken jewelry.


Phone us at 818 Joe Gold or at our Beverly Hills location at (310) 652-0255. Check us out on our site at www.cash2goldexchange.com to see all of our locations in Los Angeles. You can come in and see us or simply call us to set up a time for us to come to your home for a gold party. We have locations in Encino, Hawaiian Gardens and Beverly Hills. We also have locations in Honolulu and Las Vegas. 

If you are in Las Vegas for the Super Bowl or Valentine's Day come see us at the entrance of Caesar's Palace to sell your old gold and broken jewelry.