Showing posts with label gold and silver hallmarks guide. Show all posts
Showing posts with label gold and silver hallmarks guide. Show all posts

Monday, December 5, 2011

What is Black Friday

Black Friday is an important day in the US shopping calendar.

It marks the start of the Christmas shopping season and takes place the day after Thanksgiving in November.

For those not familiar with US traditions, Thanksgiving takes place on the fourth Thursday in November and traces its origins back to a 1621 celebration held in Plymouth Massachusetts by the early settlers to give thanks to God.

Today Thanksgiving is a family celebration and legal state holiday that marks the start of a long weekend off for most people. And after the family turkey feast on Thursday, the following day is available for people to go Christmas shopping on what has become the busiest shopping day of the year.

Because Thanksgiving falls on the fourth Thursday in November, Black Friday occurs somewhere between the 23rd and the 29th of November.

Black Friday is so called because it marks the day when retailers make a profit - that is get out of the red and into the black. There is also a sense for shop workers that it is black because it can be such a long hard working day, as well as the mad crowds and general congestion of the streets and shopping malls.
 
Crucially important, Black Friday shopping performance can set the trend for either profit or loss. It is watched carefully by retailers and economic commentators alike because it is widely believed to set the economic tone for the year to come.



To give customers greater incentive to spend, most shops offer Black Friday sales and there are some fantastic cut-price bargains to be had.

In recent years, shop doors have been opening ever more early in order to be the first with the sales. Some retailers open at midnight of Thanksgiving and recently even at 10pm on the night of Thanksgiving itself in the race to be first.

This move that has not been welcome by some consumer groups and retail staff.

Despite the economic downturn, or possibly because of it - many shoppers are taking more and more desperate measures in order to nail a bargain.

The idea of Black Friday has now made its way out of the US as on line retailers such as Apple and Amazon offer on line sales.





Buy A Jewellers magnifying Loupe for £6.99

 Gold and silver hallmarks main site

Thursday, November 3, 2011

Were You born with a Silver Spoon in Your Mouth?

“It’s alright for him. He was born with a silver spoon in his mouth,”

As you may know, this well-known phrase describes someone who has been born into wealth and has never had to go without.

David Cameron the current British PM and most of his cabinet qualify for this description as do a lot of politicians on both sides of the House of Commons.

However, the phrase itself may have origins in sound common sense. Silver is actually very good for babies when they are teething because a cold smooth silver implement, such as a spoon will sooth the gums and also kill bacteria in the mouth.

In bygone ages when infant mortality was high, sucking on silver would have undoubtedly helped babies fight off infection.

Today doctors are finding that silver has a number of medicinal uses.

Silver can be used to treat infection and kill bacteria. Wound dressings containing silver are being used more commonly these days because so many people have become resistant to antibiotics and are suffering from antibiotic resistant infections, such as MRSA.

Silver kills infection without introducing extra drugs into the patients’ system.

Silver has disinfectant properties so is an ideal material for reconstructive orthopaedic surgery, bone prostheses and cardiac devices.

There is a branch of New Age treatment that advocates using colloidal silver for just about everything, from head colds to cancer.



Colloidal silver is a liquid suspension of silver particles that is often taken orally. However, medical advice is that it should be avoided because there is no real proof of any positive benefits plus the risks of adverse side effects from Argyria.

Agyria or silver poisoning, is a condition caused by over exposure to chemical forms of silver, silver dust or sliver particles and an interesting side effect is that it turns the skin blue.

A Californian man who drank large quantities of colloidal silver per week for years in an attempt to cure his acid reflux problems, made the world news in 2007 after his entire skin turned bright blue.





Buy A Jewellers maginfying Loupe for £6.99

 Gold and silver hallmarks main site

Tuesday, November 1, 2011

First New Gold Mine opens in Scotland for 500 years

First commercial gold mine is to be opened in Scotland after 500 Years!

The Loch Lomond and Trossachs National Park is an area of outstanding natural beauty so it has come as a surprise to some, that the plans to develop a multi million-pound gold mine has gone ahead.

This has not been a smooth ride for the Australian mining company Scotgold Resources who had planning refused first time round in 2010 over conservation concerns. Economically it makes sense.

Scotsgold estimate that they should be able to extract £200 million of gold and silver from the mine over the next 10 years. which is to be constructed at Cononish in the heart of the National Park.

Once the mine is in operation it is expected that the rarity value of Scottish Gold will attract premium prices in an already over inflated market.

Scotgold Resources are expecting to extract around 20,000 ounces of gold and 80,000 ounces of silver each year and are delighted with the decision to go ahead.



This will be the first time in 500 years that Scottish gold will be mined commercially but it has become a viable proposition now because of the record high prices of gold.

The Cononish Gold mine is expected to create jobs for around 50 local people and have promised to restore the landscape back to its natural condition following the 10-year lease.

The National Trust who granted permission in October 2011 weighed up both sides of the argument and decided that the temporary loss to the special character of Glen Cononish would be offset by the long time conversation benefits and much needed economic boost to the local area and Scotland.

A legally binding agreement ensures that once the mine reaches the end of its 10-year tenure and the landscape is restored, the landscape will actually be improved from its current state.

The news of the gold mine has not been received by everyone quite so positively. Mountaineers are concerned that the workings will undermine the approach to Ben Lui and ruin the view for over 10,000 people who walk and climb the mountain, and the RSPB and Scottish National Heritage have also opposed the decision.

As one objector said,  
“I thought the point of creating the national park was to protect the area against the sort of development that destroyed the areas outstanding natural beauty!”



























gold and silver hallmarks main site

Thursday, October 27, 2011

Is my gold Rolex a fake a simple test

Is my gold Rolex a fake?

If you have been on holiday in any tourist resort in Europe, chances are you’ve been offered a fake gold Rolex watch for around 15 € They look quite good from a distance.

Once you get home, you can enjoy wearing the watch until the battery runs out which seems to take around 2 weeks.

These are fun items and you would have to be pretty gullible to believe that you have the real thing made of 18k gold. However, there are plenty of convincing fake gold Rolex watches on the market that can fool even the experts.


So how can you tell them apart from real thing?
There are many small details that only an expert would notice but here are a couple of quick clues to spotting a fake gold Rolex watch.

Tick

Rolex watches do not tick and the second hand sweeps round the face in a fluid movement. Most fakes will tick at one second a time. This is because a fake is battery operated unlike the genuine Rolex. In fact, genuine Rolex watches do tick but at a faster 8 seconds per minute which gives them this smooth movement.

Weight

Most fake gold Rolexes feel lightweight in the hand. Gold is heavy and feels solid. However, a convincing fake Rolex also feels heavy, making it hard to tell the difference by the weight alone.

Screws and links

A genuine Rolex has solid gold links in the bracelet that are held in place by screws. Fake Rolexes have hollow links and generally are fixed with pins, although fakes that are more convincing can also have screws.



Hall marks 

Rolex watches are made in Switzerland. All gold, silver, palladium and platinum watches must bear the Swiss hallmark, which since 1995 is the head of a St Bernard dog. Before 1995, the hallmark was a side view of a woman’s head.

Watch cases should display a number which designates the purity of the metal and the maker’s responsibility mark which is the word Rolex and a crown – the official Rolex trade mark.



























gold and silver hallmarks main site

Tuesday, October 25, 2011

The Style of Antique Jewellery

The Style of Antique Jewellery

Antique jewellery is popular with collectors and people looking to wear something unique and stylish.

You can find a great selection of antique jewellery at most antique fairs and there is always a chance to pick up a valuable piece that has been missed by the experts.

Generally, an item is classed as an antique if it is over 100 years old. You can date silver and gold pieces manufactured in Britain by checking out the hallmark.

The style of antique jewellery varies a great deal depending on its age and is characterised by the fashions and trends of the day.

Georgian period 1714-1837
This period produced high quality and individual jewellery with a high level of craftsmanship. Style often draws on natural elements such as birds, leaves, flowers and feathers and often features added embellishments of bows and pear shaped drops. Georgian jewellery tends to be expensive owning to its age and the quality of materials used. Gemstones are popular in this period.

Victorian period 1837-1901
Romanticised natural shapes, personally engraved silver pieces and grisly memorial jewellery such as lockets with the hair of a loved one, typify the Victorian age. The influences of the far-flung empire also gave some jewellery an oriental flavour. This style called Japonaiserie was very popular and was produced in Britain.













Edwardian period 1901-1915
An affluent period for many, platinum was used for the first time in jewellery. Diamonds and pearls had become more readily available in the early 1900s and became popular. In general, Edwardian style jewellery is light and delicate and sometimes draws on Art Nouveau and Japanese inspired designs. Tiffany and Faberge produced high value pieces much sought after today.

Art Nouveau style 1890-1915
Art Nouveau style runs alongside much of the Edwardian period but can be classified as a style of its own.
Both natural and mythical subjects are popular in Art Nouveau jewellery. Butterflies, dragons, dragonflies, insects and sea creatures, stylised women with long flowing hair are typical subjects. The art Nouveau style looked to nature for inspiration and semi precious stones such as pearls were very popular.

Art deco style 1920-1935
Strong angular cubist shapes and bold contrasting colours epitomise the jazz age. High quality jewellery pieces made of platinum and palladium could be decorated with diamonds and contrasted with the new plastic material Bakelite or onyx jet for dramatic effect. Cartier were the leaders in art deco jewellery design




gold and silver hallmarks main site

Thursday, October 20, 2011

Why is the price of gold so high?

Why is the price of gold so high?

The price of gold is at an all time high and looks set to keep going up.

The simple reason for this is because gold prices always rise at times of uncertainty such as war or economic crisis or depression.

Nobody wants to be left holding paper money and building kites out of their savings.

Keeping a pot of gold buried under the floorboards might seem archaic but in times of economic uncertainty, it might be the safest financial option!

Investors see gold as a stable asset that will hold value when other currencies have become worthless. This creates a greater demand for it and causes the price to rise.

The property market and interest rates of the banks also affect the gold market. Generally when property and real estate prices fall and confidence in the banks is low, the demand for gold and stable commodities rises.














In addition, for the investor, dealing in gold becomes the only game in town guaranteed to get a return.
With the current economic uncertainty, this trend seems unlikely to change. Today the standard used to price gold throughout the world is based on the London Gold Pool and the Gold Fixing.
 
The London Gold Pool was set up in 1961 and is the pooling of gold reserves held by eight central banks in the USA and seven European countries.

The Gold Fix or the Gold Fixing is a twice-daily meeting held by five members of the London Gold Pool, conducted by telephone. It takes place at 10.30 GMT and again at 1500GMT.

The original reason of these daily meetings was to settle contracts and accounts between the members of the Gold Pool. Although this is still the case, the Gold Fixing now sets the price of gold throughout the world

Gold is a unique natural mineral. Because of its high value throughout history, it is estimated that most of the gold ever mined in the World is still in existence and could enter the market at any time. This would have a potentially disastrous affect on the World economy.



gold and silver hallmarks main site

Tuesday, October 18, 2011

There’s gold in them hills! - Gold prospecting in the UK

Although the idea of gold prospecting seems to belong to a bygone age of American history, you might be surprised to know that plenty of people find gold in Britain.

The best places to find gold in the UK are in the rivers of Wales and Scotland but many people have also been successful in the rivers of Cornwall and Devon.

One experienced UK prospector has reported finding gold in 58 rivers throughout the Britain.

Scotland is particularly rich in gold and it can be found in many areas, particularly in the Lowther Hills around Wanlockhead and Leadhills where gold panning has been popular for centuries.

In North Wales, gold panning has become restricted. Gold panners in North Wales have been told they could face a £20,000 fine or a jail sentence if they look for the precious metal in the region's rivers, after damage to the rivers Mawddach and Wen near Dolgellau, Gwynedd.

If you are planning to prospect for gold in North Wales you need to contact the British Gold panning association and find out about obtaining a licence.

Devon is a popular location for gold prospecting. You should approach the landowner for permission before you start.














Many people find that a quick training course in gold panning is a good place to begin and there are short residential courses on offer in Scotland.

Alternatively, why not visit Dolaucothi in Dyfed Wales?  This is the site of the earliest gold mine in Britain and now, no longer used commercially it is a visitor’s centre run by the National Trust.

You can rent the pans and equipment and enjoy a taster session for a day.
Although you probably will not get rich gold prospecting in the UK, it is a fun and enjoyable hobby in the great outdoors.

You never know what you will find and people have been lucky.

The British streams and rivers still contain gold and every year winter storms bring more to the surface. It is still there for the taking, and the gold pan is the best way to find it!



gold and silver hallmarks main site

Thursday, October 13, 2011

Calendar List of yearly wedding aniversary gifts

A wedding anniversary is a good excuse to enjoy a special day with your loved one and recapture some of the old romance with a gift. However most of us do not really bother with it until there are few years under the collective belt.

 The 25th anniversary is the first significant anniversary that most people celebrate but all the anniversaries can be special if you want them to be.

Lists of wedding gifts vary from country to country but here are just a few of the most well known.

1st Anniversary is an important romantic date. In the US this is traditionally marked with paper gifts or clocks and in the UK we celebrate with cotton. You don’t get much for a year. You have to earn the more expensive stuff.

2nd year, Traditionally cotton in the US or chinaware. The UK celebrate this one with paper.

3rd year, Leather – maybe the need to spice things up a little. Or you can give crystal or glass

4th year,  Linen, silk, fruit and flowers or appliances if you are in the US.

5th year Traditionally wood or you can try the modern US recommendation of silverware

6th year Iron in the US or sugar in the UK – this anniversary is not great for gifts.

7th year Wool, copper and bizarrely desk sets.

8th year, Bronze, salt linen and lace.

9th year, Pottery copper or leather goods.



10th year, Tin or if you wish to follow the Americans, a Diamond!

15th year, Crystal is the traditional gift in both the UK and US with an added option of watches in the US

20th year, China or you could go for platinum because you’re worth it!

25th year, A major anniversary that everyone can agree on both sides of the pond. The Silver wedding anniversary should be celebrated with silver gifts.

30th year, The Pearl Wedding anniversary.

35th year, Coral or Jade.

40th year, Across the board it’s the Ruby Wedding. After all this time you deserve something extra specially nice for your efforts.














45th year, Sapphire.

50th year, Golden Wedding anniversary. Something to be celebrated after 50 happy years.

55th year, Emeralds.

60th year, Diamonds are forever. It probably seems like it.

65th year, Blue Sapphire

70th year, Platinum.

Tuesday, October 11, 2011

Where to find Welsh Gold?

Welsh Gold – there’s lovely!

The British Royal Family have been using Welsh Gold for their wedding rings since 1923. The custom began with the marriage of Elizabeth Bowes Lyn, the Queen Mother, to the Duke of York later King George VI.

More recently, Kate Middleton’s wedding ring was also made from Welsh gold.

However, Welsh Gold goes way further back in time than that. The Celtic chieftains and early Welsh Princes wore Welsh gold as a mark of rank, over 2000 years ago and it was prized by the Romans invaders who began mining it in 75AD.

Welsh gold was relatively easy to extract by hand because it forms like coal, in pure seams making it easy to see and process without advanced machinery.

Welsh gold is found in both North and South Wales and there are three gold mines in Wales today.



In North Wales, the gold producing region forms a narrow band that starts in Barmouth and reaches to Snowdonia.  Here you can find Gwynfynydd Gold Mines in Dolgellau and Clogau Gold Mine in Bontddu, near Barmouth.

There is only one gold mine in South Wales. This is Dolaucothi, near Pumpsaint Dyfed. This mine was operated by the Romans until 300AD and was subsequently abandoned until the 1800s and finally closed in 1938.

Today none of the welsh gold mines operate commercially. The Gwynfynydd mine stopped full production in 1998 and although it is believed that there is a high level of gold still to be found under the hills of Snowdonia, environmental issues prevent this happening.

The Clogau Mine used to be a high producing gold mine until it fell into neglect. It was bought by a private company called Midas Exploration in 2010 who aim to make it fully operational in the future but so far this has not happened.

The National Trust purchased Dolaucothi in 1941 and today you can visit the workings of the mine and buy gold pieces from the shop. Many visitors also enjoy trying their hand at gold panning





Thursday, October 6, 2011

Did Shirley Eaton die during the making of Goldfinger

Goldfinger is many peoples favourite James Bond movie. Made in 1964 and starring Sean Connery in the role of 007, it has Bond investigating a global gold smuggling racket run by magnate Auric Goldfinger and his plan to attack the Bullion depositary at Fort Knox.


However, the thing that most people remember about Goldfinger is the woman who was killed after being covered from top to toe in gold paint and died from skin suffocation.

Goldfinger is such an old film, that many people now cannot remember if this was part of the plot or really happened during a tragic accident in filming. In fact, if you ask most people, the latter is the most believed version of events and the story of the gold paint death has achieved urban myth status.

Happily, for the actress, it was just part of the plot. In the film Bond girl Jill Masterson played by British actress Shirley Eaton was cast in the role as the evil Goldfinger’s girlfriend who unfortunately fell far the charms of 007.

Because of this betrayal, Auric Goldfinger had her covered in gold paint so that she died through skin asphyxiation. As usual in Bond films, important characters are rarely shot or hit over the head and this certainly was a memorable way to go. And of course, she looked fabulous so for this reason many of the films publicity shots feature a nude golden Shirley Eaton.

So can you die from skin suffocation? The simple answer is no. Ian Fleming invented the condition and made the whole thing up.



Shirley Eaton was a glamorous actress who featured on the cover of Time magazine. She was in many films throughout the 1950s and 1960s and achieved a cult status through Goldfinger. She retired from acting in 1969 to raise a family.

She did appear in a film in 2000 called Mythbusters – to dispel the urban myth that she died during the filming Goldfinger.


Tuesday, October 4, 2011

Is eating gold good for you?

Is eating gold good for you?

Although it seems unlikely, you can eat small quantities of gold and some people believe that it has medical benefits.

In the Middle Ages, gold leaf was sometimes added to food and drink for honoured guests at noble banquets. This was a status symbol for the host but was also done in the belief that something so rare and valuable should also be good for the body.

A famous German drink called Goldwasser (literally gold water) is an herbal liqueur that became fashionable a few years ago and you can still find it in some shops off licenses and pubs.

You can find gold on the menu as a food garnish in expensive restaurants and buy in it in some delicatessen and it even has its own E number 175.

Edible gold comes in the form of gold leaf. It is real gold but has been flattened into a very thin sheet. In fact, gold leaf is only around five millionths of an inch in thickness. Because gold is so malleable, one ounce of gold could be hammered into a sheet of gold leaf that measures over 300 square feet.



So is there any point to eating gold?
It does not have any taste and no nutritional goodness. It is biologically inert and has no discernible effect on the body even if you eat it in large amounts and not the more usual gold leaf.

Your body cannot break gold down and it passes through your system in exactly the same state as it entered the body. This lack of interference with your system is why it can be used for gold teeth and fillings.

Some New Age treatment recommends that gold helps improve mental capacity and can regenerate your organs. There has also been investigation into the benefits of gold injections that supposedly protect against arthritis and rheumatic conditions.




Thursday, September 15, 2011

BBC Bargain Hunt Tim Wonacott quotes Blooper CUT

How many times have you wondered what BBC Bargain Hunts presenter Tim Wanacott is going to say next?



This is one of Tims many quirks along with his other oddities.

Here are a few other Tim Wanacott quotes:

"Looks like Shed Work"
"Barely a sheet of Bronco between them"
"It's up to your jugs now"
"Orf to Oction"
"Lets go Bargain Hunting"

Ah Tim Wonacott, The Leslie Phillips of Antiques Programmes!




Tuesday, September 6, 2011

BBC Bargain Hunt - Mark Stacey biography

http://www.markstacey.co.uk

Bargain Hunt Expert Mark Stacey is probably one of the most flamboyant characters on the BBC Bargain Hunt antiques show. 

The slow and clear vowels in his vocal delivery and strange (but unconnected) resemblance to another great bargain hunt expert David Barby have earned him the nicknames “Son of Barby” and “Wooooster.”

Mark Stacey was born in Neath, South Wales in 1964, where he grew up with his brother and two sisters. Later he moved to London where he started to work in the care profession.

However Marks interest in antiques began with his love for history where he found he had a passion for Blue and White transfer printed ceramics.

In London mark started his own successful antiques business before his expertise was noticed landing him a position in Bonhams Hove office in 1995. From here he moved to the auction houses of Sothebys specialising in ceramics and valuations for 5 years. 

(Mark has also been the Honorary Secretary of the “Friends of Blue”. The well known Ceramics collectors club).

Mark also worked for Hamptons/Dreweatt Neate Fine Art, where as well as being a successful valuer he was head of Decorative Arts, and was later made a Director.

But what of the man himself, I hear you ask?

Mark likes:

Ceramics, Lalique glass, theatre, and 50's and 60's collectables. He also has a passion for Spain where he likes to relax and read.

On his dislikes Mark has much to say!

There are so many but here are a few, BMW drivers, motorcycle riders who speed and push past you anywhere, rude people, bureaucracy, traffic lights that can always change to red when I get there, supermarket queues, my lottery numbers not coming up! . .

And on his resemblance to David Barby!

“He was a real "Father" figure to me when I filmed my first Flog It in Ipswich and no we are not related but he is an inspiration to us all.”

With over 20 years experience and his individual humour on Bargain Hunt, Flog it, Antiques Road trip and more recently Put your Money where your Mouth is Mark Stacey is a well known and high profile TV and Radio antiques expert.

For the last 15 years Mark has provided his services as an auctioneer and adviser to many charities within the UK and overseas, raising over £500,000 in the process.


Jackson's Hallmarks: English, Scottish, Irish Silver and Gold Marks from 1300 to the Present Day - Save £1.39 (20%) £5.56 from Amazon

This handy-sized guide is the most accurate and up to date on the market. and has been the bible for for scholars, dealers and collectors, selling in hundreds of thousands.

This edition contains complete cycles of silver marks for all the important Assay Offices, with variations shown for gold, platinum, Britannia Standard, import marks, etc, and has been updated to 1991 to include current assay marks.  See on Amazon UK





Tuesday, July 5, 2011

How to buy Silver Cutlery

Whether you want to display your wealth or simply show off your good taste, nothing impresses your dinner guests more than an attractive dining table laid with matching plates and silver cutlery.

Stylish entertaining never goes out of fashion and today dinner parties are more popular than ever and are enjoyed by just about everyone.
You only have to look at the TV show Come Dine With Me to see that;

Staying in and having dinner parties is the new going out! 

For this reason, many people are smartening up their tableware and good quality silver cutlery is back in fashion.

So what type should you buy?

You can choose between silver or silver plate cutlery and whether to buy new, antique, or second hand. If you decide to buy new silver cutlery the value will depreciate the moment you buy it, and only rise later when it has some age! However buying antique or second hand silver cutlery will only rise in value and could cost you much less than buying new.

See more about gold and silver

Sterling silver holds its value much better than silver plate but may initially be more affordable.

A full canteen of cutlery consists of 12 place settings complete with the correct knives, forks and spoons. You can also find double canteens of 24 place settings and a half canteen of only six settings.
Check out antique fairs and auction sites to find the best second hand bargains. Often you can find good quality sterling silver cutlery canteens on sale for very reasonable prices. Check for tarnishing before you buy and always check the age of your set by the hallmark.



If you look after your silver cutlery, it will last several lifetimes. Remember to keep your silverware dry and as air tight as possible to avoid tarnish and always wash up by hand rather than in the dishwasher. This will maintain the good appearance of your silver cutlery and keep it looking good each time you bring it to the table.

Thursday, June 30, 2011

How to understand the silver market?

Silver has been a valuable hedge for wealth for a very long time. As a trading source it has been used for longer then gold.
Silver is used in many industries and has a strong impact on its value.

Supply and demand control its market value, so for example when silver was used in photographic development the need for silver was high.
More recently the proliferation of digital cameras has reduced the demand for silver and the price dropped with this.

Silver can be a volatile market and for two hundred years it remained of stable value.
In the early 1970s it started to rise and several attempts were made to corner the market. These have involved buying up a large proportion of the silver and reacting to the price rise.

One attempt was successful up to the point that India released its huge store of silver jewellery onto the market causing the rapidly rising silver prices to drop quickly.

A second try was made by Warren Buffet who bought literally millions of ounces of silver. This caused a huge rush of silver buying and the price rose rapidly. At this point Warren Buffet sold all his silver stock and has never entered the market again.

Whether this was real or trickery, the volatility of the silver market is shown clearly!

Over all prices for silver have continued to rise from 2003 and successful investors seem to like silver. The safe long term value of silver looks assured and silver has taken on some of this from the perceived long term safeness of gold.

See more about gold and silver

Choices for investing are growing. With mutual funds, exchange traded funds, certificates, options, silver bars and broker organised buying plans.

And just in case you forgot there is always silver jewellery. This can be worn and used so even if the price isn't what you would have liked its still pretty useful.

Thursday, May 19, 2011

Buying Gold for beginners

Gold has been sought after for its unique blend of near indestructibility, beauty, rarity and because of its status as a means of exchange and universal currency par excellence for centuries.

Empires and nations have sought to possess gold as a medium of international exchange, as a store of wealth and in order to increase and preserve power. Individuals have used gold as a store of wealth and as insurance against the fluctuations and depreciation of paper money and to protect against other macroeconomic and geopolitical risks.

Throughout history, perhaps no other asset in the world has had the universal appeal of gold and this appeal has increased in recent times due to the very significant macroeconomic, geopolitical, monetary and systemic risk facing our modern global financial system and economy.

Successful investing is about the diversification and management of risk. In layman's terms this means not having all your eggs in one basket. We know from history that markets can and do crash and if you are not properly diversified your nest egg can be severely affected.