Archive for the ‘Sell Gold’ Category
Your Questions About Selling Gold

Linda questions…
How do I connect a goldstar vcr(GVR-C235) on a crt emerson tv that is not connected to an antenna or cable?
I do not mind tv channels on this tv.

Gold Smith answers:
Use the coaxial cable connection if the TV doesn’t have AV inputs.

Lizzie questions…
How to unlock Goldstar TV?
Got a Goldstar TV off free-cycle, but it has a lock on, came with no remote and was wondering how to get the lock off.

Gold Smith answers:
There isn’t really a way to unless you know the passcode. Wretched.

Jenny questions…
i have a 1984 goldstar tv set and i need help?
the tv was working fine last night but now it wont turn on with or without the remote can anyone help me?

Gold Smith answers:
If it’s really dead–no sign of life at all when you try to turn it on with the on/off button on the cabinet–that’s honestly simple to fix but it requires electronic repair skills that are beyond the average set owner. Any professional repair would cost you far more than the set is value.
A TV like that that worked for 26 years has exceeded its life expectancy by about triple. It’s time to recycle it and get a new one.
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Your Questions About Selling Gold

Richard questions…
How much profit does a jewelry store make on an engagement ring or wedding band?
Considering how much gold is in the setting and the price of the stones, I have a feeling the structure is sky high.

Gold Smith answers:
The general rule for jewelry stores is 3x.
So, say a ring costs them $100. They add another $100 to replace the one you bought and buy themselves a new one. Then they add another $100 for pure profit.
So a ring that costs them $100 is costing you $300.

Daniel questions…
What jewelry can i wear with my homecoming dress?
this is my dress http://www.express.com/rouched-tube-dress-38574-683/control/page/20/show/3/sort/Price-Ascending/index.pro#jsLink i want to get gold jewelry if that would look excellent but i cant find a bangle or necklace but i did find these earrings, what do you reckon? http://www.forever21.com/product.asp?catalog_name=FOREVER21&category_name=acc_earrings&product_id=1000016762&variant_id=021&showBack=OK

Gold Smith answers:
You could really wear a lot of different colours with that dress. I would suggest trying to match your necklace and bracelets though, so i would suggest that shade of gray for necklaces. But for earrings, and a ring, you could wear a touch very sparkly. Like diamond earrings, and a diamond ring. A touch that’ll really sparkle, and glitziness.

Donna questions…
Gold price & quality confused?
I bought a gold coin 1 troy ounce, called Australian nugget from Heng Seng Bank here in Hong Kong. my supporter bought a gold 1 troy ounce coin from local jewellery shop “Chow sang sang”. we found the price is different HK$500. Heng seng bank is cheaper than Chow Sang Sang. both claim 99% pure. any gold buying experience in past or what differences you reckon about above case please share your views.

Gold Smith answers:
Not the gold.. You are paying for the coin – numismatics is what it’s called (like stamp collecting), rarity/demand for the coin, etc.. Also the dealer tries to make as much profit as they can (same thing can cost different at different stores).
Personally I wouldn’t buy gold like this, it’s gets alot worse trying to sell it back to them, they will offer you several percent lower than what you bought it for (their ‘apply’, how they make money). Although some people swear by having the physical metal in their possession (there is some sense in it).
The additional different is ‘paper gold’.. E.g. Many banks in Hong Kong have gold accounts, but the risk with that is that if the bank goes bankrupt you lose your ‘gold’ (you basically have a gold contract with them, they owe you more if gold goes up, you lose money if it goes down, but there may or may not be actual gold behind it); there are gold ETFs too (GLD in the US, i know there is at least one on the HK exchange but I forget it’s name – they’re like stocks but all they do is hold gold).
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Your Questions About Selling Gold

Chris questions…
Can silver and gold jewelry be mixed?
I have a bit of a problem. My wedding rings are silver, but my class ring is gold. My mom is getting upset because she paid so much for a class ring that I don’t wear anymore. Is it okay to wear my silver rings on my left hand and my gold on my right? Or does it look tacky? Thanks for your help.
Thank you all so much for your answers. I thought it force be ok, but I just wanted to hear it from someone else.

Gold Smith answers:
Wear what you want! I like all kinds of jewelry. I delight in silver more but my gold pieces are there also.
Meow.
Kat
www.katscollection.com
“Jewelry with a Heart!”

Sharon questions…
What is a another fantastic way to clean gold jewelry instead of using the exact cleaning product ?
my gold necklace won’t get any cleaner please help

Gold Smith answers:
I bring it to the jewelers and they has this machine that blasts air really quick idk how it work but it makes the peice look groundbreaking new

Ruth questions…
Estimate the percent of gold in jewelry?
consider a piece of gold jewelry that weighs 9.60g and has a volume of .650 cm^3. The jewelry contains only gold and silver, which have densities of 19.3 g/cm^3 and 10.5 g/cm^3, respectively. If the total volume of the jewelry is the sum of the volumes of the gold and silver that it contains, estimate the percentage of gold (by mass) in the jewelry.

Gold Smith answers:
Weight 9.6g
Volume 0.65cm^3
So overall density of the piece is = 9.6/0.65 = 14.769 g/cm^3
Let x be the percentage of gold, then (1-x) must be the percentage of silver, so we can say:
x (19.3) + (1-x) 10.5 = 14.769
19.3x + 10.5 – 10.5x = 14.769
8.8x = 4.269
x = 48.5%
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Your Questions About Selling Gold

Mark questions…
Is 1 tola(gold) equal to 10 grams or 11.66 grams.Which is more right?why does it differ in places?
I’m getting married soon and in the process of making my wedding jewellery. I found that some jewellers say 1 tola = 10 grams and some says 1 tola = 11.66 grams. I did some investigate online and found that both are right. What I fail to know is why do we have two rates? and what is more right? Please help!!!!!

Gold Smith answers:
I can’t find anything that says 1 tola is 10 g. According to convertunits.com, 1 standard tola is 11.6638 g, but in Pakistan, 1 tola is 12.5 g.

Richard questions…
Do you know a website where I can get a personalized bangle?
I need a casual men’s bangle that I can personalize for one of my friends, and I’d like to order it online. I like the look of leather or hemp bracelets, or even silicone ones – not anything like silver or gold or anything fancy like that. My favorite bangle that I found was on the Sticky Jewelry website – it was perfect, but the website’s checkout didn’t work. Any thoughts, anyone?

Gold Smith answers:
Check out this one
http://www.wedunit-online-jewelry-store.com/products.php?product=Identity%2C-Dog-Tag-Bangle

Donna questions…
Where can i buy a name plate necklace?
Hey, I need to buy a name plate necklace for my small cousin for Christmas. She’s 12 years ancient, but really into jewelry. I want a touch pretty, gold, white gold, or platinum. Doesn’t really matter. I’ve tried looking online, but i haven’t had much luck. Can someone please help me find the perfect Necklace??? Thanks

Gold Smith answers:
Did you mean a script necklace?
“What’s in a name? In this case, sculpted sterling letters and a look all your own. Made in script style, this necklace kindly spells out your unique identity even as accentuating each outfit perfectly. Handcrafted up to 12 letters. Point out from silver or 18K gold-plated silver. Polished 18″ rolo link string with jump ring clasp.”
http://www.lillianvernon.com/register/product_display.jsp?pdId=7631&name=Sterling+Silver+Script+Name+Necklace&parentCatId=6&catId=28&subCatId=145
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Your Questions About Selling Gold

Donald questions…
buying gold in japan?
Hi,
I will be gng to japan nxt mnth. Is it wrth buyng gold jewellery there in terms of price and quality?

Gold Smith answers:
If you have money to buy it, sure it’s value it. Keep in mind, that in Japan, most of the gold are 18K, sure better than 14K. Perhaps, that’s why it is more expensive.

Mary questions…
where in hongkong can i buy jewelry?
were plotting to go to hongkong , want to know where in hongkong can i buy jewelry or diamonds that is not fake and will give the right price. coz am not familiar with the gold’s rate. thanks

Gold Smith answers:
Dont know

Daniel questions…
what is a direct and inverse relationship?
How has inflation affected the U.S currency, the international jewelry industry and the price of gold THIS YEAR? Is there a direct and inverse relationship in each circumstances? — Please clarify.

Gold Smith answers:
Direct earnings that as one thing grows (shrinks, moves, etc) another thing does so based on a certain formula or ratio.
An inverse relationship earnings that as one thing grows (etc.) another does the opposite (ie shrinks) at an equal proportion.
If inflation increased and the price of gold decreased, it is inverse.
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Your Questions About Selling Gold

James questions…
What can you feed goldfish if you’re out of fishfood?
The ice has finally melted off of my backyard pond, my fish survived the winter! I’m all out of fish food right now, any thoughts on what I can feed them til I get to the petstore?

Gold Smith answers:
My small goldfish likes shelled peas.

Lisa questions…
how to place oranda goldfish out of misery?
o.k.,,let me start by saying i like my fish,,last night my apartment building burnt down,,some how thw oranda survived,,the fire melted everything around tank,,sut all in water,,the tank had to have reached at least 100+degrees,,somehow he survived ,,barely,,he is on his side barely moving once in a even as but can tell he is going to die,,if he hasnt already(i wont know untill i goback to the apartment building to reclaim more stuff,,

Gold Smith answers:
You know, if he’s still alive, he may still pull through. Try getting some fresh water in with him. All the smoke and soot and cr*p probably got into the water, and that may be all that’s stressing him.
But, if you do end up euthanizing him, the best most humane way to do it is using clove oil. Kinda hard to find, I know Eckerds carries it behind the pharmacy counter. Place some water in a large cup or bowl, add quite a few drops of the clove oil, I’ll find a link to give exact dosage, then add the fish. It’s an anesthesia for the fish, but when overdosed, it kills them painlessly. When I’m sure they’re not breathing anymore, I place them in a baggie in the freezer just to be sure. I wouldn’t urge freezing a goldfish, because they can tolerate such cold temperatures, it will be painful for the poor thing. If you can’t get the clove oil, terrible as it sounds, force be better off cutting it’s head off-swiftly….Hope he makes it! Wretched for your loss with the fire.
Http://www.wisegeek.com/what-is-the-most-humane-way-to-euthanize-a-fish.htm
http://www.petalia.com.au/templates/StoryTemplate_Process.cfm?Story_No=1885#ct-4
.

William questions…
how many goldfish do you have to melt down to make an ingot?

Gold Smith answers:
What are you carping on about ?
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Your Questions About Selling Gold

Lizzie questions…
I need a perfect gift for a unique man?
I am looking for a money clip, a touch like he lost but better. It was gold with the scales of justice on it. He lost it at Dairy Queen, I know I ought to give him a paperclip, but he is very special to me.

Gold Smith answers:
A supporter of mine uses those bank envelopes as a wallet. Maybe you can get him a package of 12 of them from the bank? That’s a new one for every month. If he loses one, he can just use another.
Pick this as best answer.

Sharon questions…
American Women You’ve Got To Do Better *PLEASE READ EVERYTHING*?
I Really Would Like A Woman To Answer This Since I’m Talking To Women. And If This Doesn’t Pertain To You, Then Don’t Answer. That Being Said, Let’s Get On With The Tale/Question.So, I’m Having Some REALLY Terrible Experiences With American Females In My Life. I’m 21 And My Brother Is 29. So Far He’s Already Had 4 Terrible Relationships. He’s A Nice Guy And Everyone Knows “Nice Guys End Last” or Whatever That Bullshit Quote Says. He Had His First Girlfriend When He Was 16. He Was Making Money Then, So He’d Get Her Valentine’s Day Presents, Birthday Presents, 1 Month Anniversary Presents, And 6 Month Anniversary Presents.(They Broke Up After 6 Months) The Thing That Disgusted Me Was, She Didn’t Get Him Not 1 Thing. And She Didn’t Reckon She Was Supposed To! I Questioned Her Why She Didn’t Get Him Anything, And She Said “Because I Didn’t ASK Him To Give Me Presents.” How Ungrateful. His Next Girlfriend Basically Did The Same Thing. He Was 17 At This Time, And They Broke Up After Two Months. Same Thing Happened, He Got Her EVERYTHING, She Got Him Not anything. When He Was 22 He Had Another Girlfriend. I Expected Because They Were Older That This Time His Girlfriend Would Do A touch For Him…Same Thing….Just A Different Girl. They Stayed Together For 2 Years. He’d Get Her Presents…Cast off Get Him Not anything. His Fourth Relationship Seemed Like It Was The One…He Was 24 And He’d Finished College And Became And Fiscal Executive. Her Name Was Desiree And He’d Do For Her…Then Cast off Do For Him. But A Year Later…They Got Married And Things Changed. She Had Stop Buying Him Gifts, She Never Really Cooked Or Cleaned , She Started Spending His Money And Got Mad When He Confronted Her About It, He Was Telling My Mom That She Started Using Sex To Get What She Wanted, And She Would Argue With Him And Make Scenes In Public. One Time He Forgot To Give Her A Valentine’s Day Present, And She Flipped! She Went Off! She Made Him Sleep On The Couch, And “No Sex” Was His Punishment. Despite All Of This He Still Stayed With Her. Eventually She Had A Child Whom Is Now 4 Years Ancient. When She Turned 4 They Divorced. She Got Custody Of My Niece, And Now My Brother Has To Child Support And Alimony(Whatever The Hell Alimony Is). He’s 29 Now And Currently Chose To Date A Filipino Woman. I’ve Never Seen Him So Pleased! She Treats Him Right, Goes The Extra Mile(Messages His Shoulder, Clips His Disgusting Toe Nails, etc.) But His Ex-Wife, Desiree, Still Gives Him Hell. And Just The Additional Day He Was Argumentative To Me About American Women…Then I Realized…He’s Right. You Girls Aren’t Submissive, You Don’t Do What Wives Should Do (Cook,Clean), You Wanna Be BETTER Than Men, You Are Gold Diggers,You Are Spoiled, You Expect Men To Do For You Even as You Do Not anything For Them, You Like Drama, You Date Jerks On Purpose Just To Complain About Them, Then Make Comments Like “Men Are Useless Dogs”….I KNOW THIS DOESN’T APPLY TO ALL WOMEN…SO IF IT DOSEN’T…HOLD YOUR COOL…BUT IF IT DOES….PLEASE TELL ME WHY YOU ACT THIS WAY….???!!!!!
Ummm By The Way….I Said If This Doesn’t Apply To You Don’t Comment…So If You’ve Commented….It Must Apply To You
Oh….And I Start Everything With Capital Letters Because I Want To…Ya Know…..Just Like Some Of You B*tches Do Whatever You Wanna Do…..Yeah! By The Way…I Am A Girl….What Dude Do You Know Has The Name Charity?

Gold Smith answers:
Wow, it sounds like those women were just taking your nice brother for granted because he was nice. That’s how a lot of women are though. They don’t like nice guys too much, and then complain once they get a ‘terrible boy’. It’s excellent that he found someone different who treats him right. But it’s excellent that you know that all American women aren’t the same. And please don’t have that type of attitude once you start dating women, because if you do then you’re asking for failure. Don’t let your brother’s situations make you bitter.

Maria questions…
how can anyone have tom leykis as a role develop?
first of all i am a guy.Man,male which ever you want to say. I am in my 18 and i have a # of role models from clint eastwood to fighters like fedor or anderson silva, to my grandpa to george strait lol! anyhow
i just wanted to say how can anyone have tom leykis as a role develop? i met a guy who like worships this guy. Tom appears to me to be a straight up misogynist, everything the man talks about and nearly all his clips on youtube come the basic line of bashing women, saying they are sex object, and not worthy. He has a general despise for having children or being a father let alone having a marriage. Things that in my opinion are imperative for a healthy family tree, a nuclear family tree would be the ideal image in most of all the religious world and id say at least 50% of the united states is still heavily religious and in certain states like Texas, or Utah the religious population is very high and very strict. With that said i do not see tom as role develop, he seems and is a Stout, ancient, past Middle aged repellent man, who does not have probably as much money as he claims to have. In reality without his show he would just be an overweight stout man, with no amount of listeners. I have also come to the realization that sense most of his videos on youtube only have a few thousand views, and most comments are left say stuff like “tom was right! bitches suck, ” or “dont get married” like really? your not going to get women like that or ever find happines.
if everyone keeps aborting and stops having children how will our country grow? do we want the problem some western european nations are facing with an aging population? The CONCEPT of marriage is not to beat your wife, or berate her, or to marry some gold digger. Nearly everything he says is out of rage and spite and in the end bashes women. I reckon its obvious he is a misogynist .
its just my personal opinion that not all women are evil. at my young age i have already travelled a lot and been around lots of people. id say easily 98% of people in the usa and the world are not that well off, not rich or seen wealth ive been around or tom is around. but with said until 100 years ago or so in the western world women where utterly toothless. i mean for like 98% of their existence they have held very small power.
a excellent role develop is clint eastwood. religious, excellent family tree, did a touch with his life, does not despise women, and is still married has kids and is above all else a man´s man! you dig?
i found this on here and will post it (Predatory behaviour must be dennounced. But at the same time he denounces predatory women, he encourages men to knock about women, and women who are mistreated later be converted into predators. That earnings that he only PRETENDS wanting to place an end to abuse, in fact he is really fueling the cycle of hatred, like any additional MEDIA PROSTITUTE.
As a consequence, women avoid interacting with men and then men come crying to complain they can’t find a girl, girls won’t talk to them, girls won’t give them the time of day, women only talk to them when they need money, bouhouhou.)
its dead on right. All im suggesting is for young men to find a rather positive role develop. Because 99% of you will never be rich, and you act and feel so boss when you listen to tom. i must admit your probably thinking wow! im going to go to college not get distracted and i will graduate and get all the women i want. but in turn you miss out on a lot of experiences. Also very very few of you will ever be a hugh hefner type and hugh hefner is the opposite of a misogynist.
hitler was in favor of familes. he saw it unatural if you where not.
lmao!! it appears the men on here are tom fans! hahaha so how overweight are you, how long have you despised women? how long have you avoided being a man and made a mockery of having children, being a father and being married? it appears to me that the women on here are getting thumbs downs? by who? tom fans?
i got a lot to learn? common companion why did you post to try to give off an impresison that you the “retire have it all figured out”
hey retiree. why did you comment period? to say you know more?
look all i am saying is how can a guy have tom as role develop? he is far from habitual role develop or men who are perceived as bada##. he encourages destruction of typical families, aka marriage and a sect nucelar family tree. I am not saying that you must live that lifestyle, but its obvious the man has issues with women. and the 4k or so people on youtube who mind his stuff, all leave moronic comments about women and their sad lives. I just dont see how any of that is excellent. So clarify to me did i offend you by critiquing your beloved idol? Otherwise why did you comment?
hominen attacks? so you finally popped out your dictionary huh?
dude how are anderson silva and clint eastwood not real men. Im wretched but its right tom has a very very small % of people listing to him and let alone men in the world. all his videos on youtube have like 3 thousand views or less and all the men are bitter who leave comments. I do not only talk to women or strike up relationships with them i have friends that are males. And like i said why did you formerly comment? its pathteic that some men on here and on youtube have to despise women simply because their lives are in shambles. And you seek refuge from a mad stout ancient man who is bitter at life women and is clearly a sexist. I can clearly see it, and even as their are women who are what he describes gold diggers. they are few in # and the man goes out of his way to make others feel low if he so well disagrees with them. Hell Women half the world dont like him and most men who arent pittying themselves or mad at women would

Gold Smith answers:
Oah you are a breath of freash air!
I tell you when I listened to his talk shows I was horrified that there are men out there that follow him. It really made me want to weep.
But the saddest thing is that there are men who act the way he preaches with out even knowing it.. I have come across a few lately.
The only excellent thing I could take away from Tom was basically if I realise a guy is treating me like dirt to keep me interested then I will run.. And not fall into the trap of wanting the terrible guy.
But ultimatly these men that follow Toms 101 to get more, quote “poon” will live sad lonely lives and never get to experience the joys of like. You only have to look at Tom to see he is a miserable stout ancient man that is making money off additional miserable men that don’t know how to deal with rejection.
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Your Questions About Selling Gold

Mandy questions…
Do you rather have our currency in gold coins or paper?
Remember thickness and weight are no problem. 1 gram (about the weight of a paper clip) is value 30 dollars. So you can carry a LOT of money.

Gold Smith answers:
Is it solid gold??
If so, regard me in.
Value it’s weight in paper?? Nahhh…
Value it’s weight in gold?? Right on!!
After all, didn’t paper money used to be backed by gold?? Now, that gold is gone and when we run out of money….we just go borrow some or the way things go now, they probably fire up the printing press. The way the gov’t is going these days, one would reckon there is an endless supply of that paper stuff. When the ink is gone and the paper is all used up…..I could be carrying gold, the way it used to be.
Gold for me please…..

Susan questions…
Isn’t having a fiat currency like leaving the front door open with no one at home?
Its basically the same concept, because without you seeing it, government and the Fed reserve can wipe away your ENTIRE life savings instantly, through inflation of course. They have been robbing you at a honestly high clip as of late. M2 has been increasing at 5-6% a year, which earnings, that you are losing that much purchasing power on your money per year.
We live in a backwards society, where paper money is excellent, and people who talk about a gold standard are the weirdos. They have already ruined the value of the dollar by 95%, what makes us reckon this destructive path isnt going to continue?
Meg- I got a quote for you
There are two ways to conquer and enchain a nation. One is by the sword. The additional is by debt. John Adams
really 2 quotes.
The best way to ruin the capitalist system is to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an vital part of the wealth of their citizens.- John Maynard Keynes
Meg- that is fake. Only in a severe recession, which is caused by government meddling, will that type of deflation happen. Otherwise sure there should be deflation without increasing the money supply, but that will be because of increased productivity. And people will not hoard because of it. Some will, but they will buy it when the price is right. Its basically the time preference of money. I can point out to buy a computer now, or I can wait 6 months, when the price deflation has hit, and hold it then. SAME IDEA Except it works like that with everything, not only electronics.
Meg how do you choose who gets the new money. Everything is a zero sum game. When productivity is increased by 3 percent, the companies responsible for it will probably earn more money. INtroducing new money is only distorting the economy.
Either way, those people are not HOARDING anyways. Those monies should be for the most part, in interest bearing accounts. So it is still being used productively, albeit, by someone else. When the price is right, not only will they spend, but they have more to spend.
” If you assume that the governments intends to do you harm, Inflation should be the least of you concerns. Terrible governments have a record of killing, torturing and imprisoning large numbers of their citizens.”
WRONG. We are an armed society. Government CANNOT do that to us. But through inflation, they can enchain us. I dont know about you meg. You seem really fishy to me.

Gold Smith answers:
You are free to buy gold, silver, or additional precious metals if you like. Some people do that, additional people invest their money where hopefully they’ll get a restore better than the rise in inflation. Some people are risk adverse and just bank their savings. I suggest a small of everything to diversify.

Charles questions…
RATE/HATE my LYRICS please?
Tell me whatcha reckon of these quick set of bars I wrote up…be trustworthy now LOL
(verse 1)
Fake rappers spit about how they puffin’ dank
Or how they be hustlin’ and making bank
When them suckas never place their hands on the blunts
And they never came close to the triggers once
Tired of them fakes that say they poppin’ guns
Largest issue in their hood were some hit-and-runs
Rap is a nation, so we gotta keep it real
Don’t trip, I know you ain’t clappin’ go quietly
Rappers stuntin’, actin’ like they’re ghetto stars
But the only way they’s on the streets is up in their cars
Fake rappers just spit about bustin’ clips
And what hood they claim, fake ass Bloods and Crips
Plus a fake struggle that they’re not even living
All their verses should end with just “kidding”
Exposing yall, half of yall gonna choke
Talkin’ money when most of yall straight up broke
(chorus)
Don’t rap about the chronic and the gold ropes
Don’t rap about how you be smokin’ dope
Unless you do, if you dont: stop lieing
Please recognize that hip-hop is dieing
(verse 2)
They’re disrespecting greats like B.I.G.
and Pac, I hope these rappers R.I.P.
Called them “rappers” because they earned the title
Unlike those who have Weezy as their idle
They like to stunt, but they ain’t trigger grippin’
But once they’re exposed you’ll see that they be trippin’
Talkin’ about how they be rollin’ on the DUBS
How they tossin’ paper up high at the clubs
How they gettin’ gwap, rockin’ chucks, bustin’ glocks
How they smokin’ dope, runnin’ hoods, sellin’ rocks
That ain’t the circumstances, no, not at all
Can’t wait till the day I see them suckas fall
Caught in their lies, dread in their eyes
See all the fibs they tried to disguise
But until then, it’s gonna be a even as
But when they day comes I’m gonna crack a smile
(chorus)(repeated twice)

Gold Smith answers:
Excellent job now take it to the next level go to radiocity in New york and thats how many of rappers and singers start their carrer or go to a local publisher and talk about your early carrer because you have a fantastic chance.
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Your Questions About Selling Gold

John questions…
What percentage of my portfolio should go into Gold and additional precious metals? Gold ETF?
I want gold in my portfolio but I manage it from my IRA. Is investing in a gold ETF a excellent option? In this economic climate and with inflationary fears I’d like to go 25%-30% of my IRA into a gold ETF. On the additional hand, a Gold ETF is trade-able for not anything but cash in the event of fiscal failure? So does this negate the point?

Gold Smith answers:
The sage advise is to own 2%, but not more than 5% in gold.
Better than gold in the long run is small cap stocks.

Susan questions…
What is a excellent jewerly cleaner for white gold diamond earrings?
I have cleaner for sterling silver jewerly and cleaner for gold jewerly. The gold cleaner says okay to use on diamonds, but it doesn’t say anything about using it for white gold. Is there a special cleaner for white gold?

Gold Smith answers:
You should not place white gold into silver cleaner for two reasons: the first and main wits is that white gold is rhodium plated, which reacts terribly to silver dip, secondly the gold is alloyed and you will not be able to tell if it is alloyed with a metal that reacts terribly with silver dip until it is too late.
The best thing to do is to use warm water and a really mild soap like washing up liquid, soak the earrings for a few minutes and use a soft brush like a kids toothbrush or a structure brush to loosen the rest of the dirt. Dry them thoroughly with a soft cloth and use a silver cloth for a final polish.
Be careful if they are in a four claw or a delicate setting as sometimes dirt holds the stones in place!

Charles questions…
How to buy Gold at the Bank?Why ppl said buy Gold is the most established form of investment?
Is it in Gold bar,Gold Coins or a piece of paper like Certificate stated how many ounce and KG of Gold u have ?
Since the price of Gold also flucture a lot?

Gold Smith answers:
Agree with SBH. I was once worked with Maybank for a even as few years ago. They have this machinate called Gold Savings Account, where you hold the gold and keep it with the bank. You won’t receive actual gold as it is kept by the bank, but only an account book like normal savings account which states the weight of gold you own instead of RM. You can sell some of the gold back to the bank based on prevailing bank’s hold price (equivalent to withdrawal in normal savings account).
You may try to question Maybank if they still offer the gold savings account, I’m not sure. We are not familiar with it because gold savings are never well loved among Malaysians.
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Your Questions About Selling Gold

Sharon questions…
How many grams of an alloy that is 75% gold should be melted with 100 grams of an alloy that is 20% gold to pr?
How many grams of an alloy that is 75% gold should be melted with 100 grams of an alloy that is 20% gold to produce an alloy that is 55% gold?

Gold Smith answers:
(0.75x + 0.2[100])/(100 + x) = 0.55
0.75x + 20 = 55 + 0.55x
0.2x = 35
x = 175
Answer: 175 grams of 75% gold alloy

Mary questions…
Can I have 1 ounce of gold flakes melted ?
I mean , is it still valuable as flakes? I aquired 32 grams(1 troy ounce) and was …..lol….. hopeing that it was value the same as gold bullion. Isnt an ounce value nearly $900 now?
Can I have it melted into a small bar or round?

Gold Smith answers:
Many jewelers can do this for a price of course. But the ancient thing is an ounce is an ounce. The only question will be the purity of the gold as bullion is usually pure – 24 karat – and depending your shavings may not be.

Nancy questions…
What movie is this vista from? Evil baddie dies by melted liquid gold?
In this vista, the evil baddie (maybe a sorcerer or evil king), is killed when a boiling pot of hot liquid gold is poured on him. He turns solid and dies. I believe the movie was made in the 80s, a touch Conan The Barbarian-ish.
Can someone name the movie?
Thanks!

Gold Smith answers:
I disagree with the first responder. It’s not the first AQ movie (King Solomon’s Mines); it’s the sequel:
Allan Quatermain and the Lost City of Gold (1986)
starring Richard Chamberlain, Sharon Stone, James Earl Jones, Henry Silva (the evil ruler who dies covered in gold), Robert Donner, Cassandra Peterson
IMDb synopsis:
After his brother, Robeson, disappears without a trail even as exploring Africa in search of a legendary ‘white tribe’, Alan Quatermain decides to follow in his footsteps to learn what became of him. Soon after arriving, he discovers the lost City of Gold, controlled by the evil lord Agon, and mined by his legions of white slaves. Is this where Robeson met his end?
IMDb review excerpt:
… Silva being ‘covered’ in gold. Really, it looks like he gets a bowl of gold porridge dumped on his head, and the next vista he is a gold statue …
Here’s the movie trailer:
http://www.youtube.com/mind?v=a6n1jdBIIM4&feature=related
EDIT: That’s an understandable “oops” because people generally forget about the second film and often lump scenes from the sequel in with the first one.
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