Turn Your Old Gold Into Cash!

Gold Buyers Of America

It's never been more important to find the cash for gold buyer who will pay you the most for your unwanted or broken gold jewelry. That's because the price of gold today is higher than it's been in decades and you deserve to get top dollar in these tough economic times.

Which Buyers Pay the Most?

A lot of new gold sellers are asking this question. That's because there has been a literal flood of new companies both on the Internet and advertising on TV. Most of them say the same things. How do you find out who is really ethical, honest and reliable? You'll have to do your homework or check with a gold buyer review site to find out.

Many of today's buyers will only pay you a small percentage of what your property is actually worth. There are also quite a few scammers in this business that will make off with your gold jewelry and never send you a dime. Nevertheless, you'll get the most cash from reliable Internet buyers that do a big volume of business. And, it's easier to locate the best buyers than you may think.

Which Buyers are the Best?

You want to locate an established Internet gold buyer who has a good reputation for high payouts and ethical business practices. If you're going to check out a few yourself, start by entering the company's name in your web browser followed by-'Complaints'. If you're met with a laundry-list of unhappy sellers, move on. You can also check with the BBB-Better Business Bureau to see what unresolved problems they have listed for any buyers you are considering.

The best idea is to check out a reliable gold buyer review site. These folks have done all the checking for you and usually list from 3-5 gold buyers who will give you a good price. They will then make their own recommendation as to whom they rate as the best of the group. Then, it's up to you to choose one that you like. You can also get a rough idea of what the gold jewelry you want to sell will be worth from many buyers by telling them the Karat marks on your jewelry (e.g. 10K, 14K, 18K, 24K) because this determines just how much pure gold each piece so marked actually contains. The higher the K, the higher the percentage of gold and the more money you can expect. The actual market price for gold, however, is a figure that is constantly changing depending upon supply and demand. Right now, it is over ,100/ounce and it hasn't been this high in decades.

Visit the Top 5 Gold Site Reviews and avoid being a victim of any cash for gold scams. Need to know where to sell gold for 3x's more Cash? Read a full Gold Consumer Report and watch a special TV news video by visitinghttp://www.top5bestgoldsites.com. If you are seriously interested in safely getting the highest price for your gold, I strongly suggest that you visit this website before you decide which buyer to sell you gold to.

Frequently Asked Questions

  1. QUESTION:
    Will Midwest Refineries pay more for gold jewelry than Gold Buyers of America?

    • ANSWER:

  2. QUESTION:
    How to we find Gold Sellers in America?
    We are Regal gold buyers, and we buy all forms of gold. How do be find clients online, who are ready to sell their scrap gold to us? We provide the best rate in the whole of America

    • ANSWER:
      I think Online is best for finding a reliable suppliers/buyers contract info for Gold try http://www.hellotrade.com/buyers/ for any buyers info all over the country or research more in Google for finding a better solutions.

  3. QUESTION:
    What is the relationship between Capitalism and Racism?
    Race and Racism Were Created by Capitalism
    When slavery developed in the "New World" in the sixteen and seventeen hundreds, it was a new type of slavery. It was slavery within the capitalist economy. But slave labor is not the usual form of labor under capitalism: wage labor is. So why did slavery develop in the Americas? And why is it that the slaves were Africans?

    When the British began to develop profitable plantations in their American colonies they faced a serious shortage of workers. They also faced the problem of labor discipline because it was easy for workers to leave the plantations or escape to the Indians.

    The British tried several ways of dealing with the labor shortage. The main one, at first, was indentured servitude . Under this system, unemployed people from England were convinced to come to America or were kidnapped. They were forced to work without wages to pay off their passage to America from England, usually for seven years. People were packed like sardines into the holds of ships for two to three months. Sometimes, fewer than half of them survived the trip. When people died, they were tossed overboard. Once they arrived in America, they were auctioned off to buyers. Husbands, wives and children were separated. These were white, English people: racism had nothing to do with it. It was just plain capitalist greed.

    Indentured servants were brutally exploited. The plantation owners and the colonial government violently disciplined these workers. Runaways were punished by hanging, burning, being staked in the sun or shot. It was also legal to increase their seven-year contract as punishment for various misdeeds. At this stage, most indentured servants did not even live until the end of their seven year contract.

    The shipmasters and merchants who brought white laborers to the colonies also went to Africa to get laborers. Slavery of the early, pre-capitalist type existed in west Africa at that time. When different groups went to war, people who were captured became slaves -- not for life, and not without rights, but still slaves. British and other European merchants offered money to purchase captured slaves, and they found the African slave owning rulers willing to sell.

    "Africans joined whites as indentured servants and went through the same hell..."

    For several decades, the Africans brought to North America joined whites as indentured servants. They went through the same hell, from the boat passage to the auction block to the beatings and harsh conditions. In the colonies, they worked and lived alongside the whites. There was no barrier between white and black servants: their common enemy created an intense solidarity, which overcame the superficial differences in language and cultural habits. They lived, worked, and married together. They often ran away together, and on several occasions they rebelled together.

    In the 1660s all this began to change -- drastically. England cut back on white emigration. The industrial revolution was beginning so more workers were needed in the factories at home. British capitalists also gave massive support to the African slave trade. They had made a decision to base the American economic system on human slavery, and the supply of labor from Africa was cheap and plentiful.

    "British capitalists made a conscious decision to base the American economic system on human slavery."

    The slave trade was immensely profitable. The profits from buying and selling African workers, combined with the rape of gold and silver from South and Central America, provided the capital to drive the engine of the industrial revolution. Europe became the top dog in the world based on the enslavement of American Indians and Africans.

    At this time, the colonial ruling class (plantation owning families like the Washingtons, Jeffersons, Mathers and Byrds: the "fathers of our country") began to legalize slavery. At first, some plantation owners began to hold certain Africans for life, rather than for seven years. Then lifetime servitude for black servants became law. In 1662 came the "principal of heredity," which declared that, legally, if the mother was a black slave, the child would also be a slave from birth.

    But in a society which until then had paid almost no attention to skin color, a number of questions had to be answered: what was a black person? What was a white person? What was a child whose parents were different colors? At this stage, the concept of race needed to be made up. To do this, more laws were passed. The Virginia legislature, in 1672, defined a black person: anyone with one black grandparent. (Hitler used a parallel law to define a "Jew".) This was very significant: if it was necessary to pass a law to define a "race," it is obvious that at that time, people did not think of each other as belonging to separate "races."

    These laws represent the beginning of the idea of racism. The idea was that whites were superior to blacks. This

    • ANSWER:
      That isn't a question so much as a statement.

      But yes. There is indeed a strong correlation between commodification and subjugation.

      For some fun, may I suggest checking out Derrick Jensen. He has some pretty awesome ideas on this kind of thing.

      http://www.endgamethebook.org/index.html

  4. QUESTION:
    When is real estate, a usable hard asset unlike gold, due to roar to life with the dollar's pending collapse?
    In times of uncertainty, hard assets have held their inflationary value, whether, real estate, gold, diamonds, etc. In the total collapse of a nation, real estate was valueless. Just look at Russia 1917 when the Leninists appropriated all private property.

    I'm betting (and hoping) that the US doesn't follow 1917 Russia into a decades long abyss. I have been heavily invested in real estate for a decade and have seen the value of my holdings cut in half while I have seen the value of gold soar. Personally, I am tempted to buy some gold to hedge my chances of financial survival - but I'm afraid that I will be suckered and get gold that is only 60% while paying for the 99.999% stuff.

    The fact that gold has climbed dramatically, leads me to fear that this is being manipulated by government and financial wizards (by running the treasury's printing presses at full tilt for the so called stimulus spending). Besides, gold has all sorts of fee's involved in buying and selling and the middleman makes out quite handily.

    The present day gold rush reminds me of the silver run and bust back in the 1970's. It seems that every gas station was willing to sell gas for 10 to 20 times face value of a silver quarter. You could have topped off your tank for one or two pre-1964 quarters. Then it all went to hell.

    Real estate was depressed and stagnant in the 1970's. Having been in Chicago, the Old Town area was a depressed area inhabited by the drug ridden left over hippies from the 1968 era. You could have bought a property there for -50K. Jump forward one or two decades and this area became one of the hottest real estate markets where you couldn't touch a property for less than high 6 figures.

    Patience is a virtue, at today's prices, I would be a buyer - not a seller. I had a tough time holding onto several vacant properties over the years - but I continued to pay my loans (never late even once) and am now, for the first time sitting on 100% occupancy. The carrying costs still exceed the income from rent, but the tax writeoffs help offset my income a bit (thankfully I still have a job - but I am UNDER employed because of the economy).

    I guess what I want to hear is that maybe I am not the only person who thinks this way. I would like to hear from anyone who has viewpoints, pro and con, with a logical explanation of why or why not I am either going to do OK or I am living in a fantasy world.

    Trust me, I am ready to leave the US at the drop of a hat if any kind of revolution, civil war or attempt at socialist takeover begins. Come what may, I would rather be alive with only the clothes on my back in a foreign land than a victim of violence, like those in Russia 1920's-1950's or Germany 1930's-1940's.

    My parents escaped communist and nazi tyranny and came to America penniless. They worked like beasts, became citizens and raised a family, never asking for any help or aid along the way. As a kid growing up, I was derisively called a DP by the local kids. I studied hard and got out of that neighborhood, moving to Florida where I continue to have a respectable job (even if only half the income that I used to have).

    I fear that all my hard work and saving may not pay for itself. I'm hoping the country straighten's itself out and that my real estate will see a resurrection in value. But I keep a wary eye on DC and hope I don't have to repeat my parent's epic exodus.

    Thanks if you have read all this and gotten this far. I had to vent.

    Now, it's your turn.

    • ANSWER:
      Having been around a loooong time, I believe gold is grossly overpriced. In the metals mania of the late 1970's when gold topped 00 per ounce, silver was at or a ration of about 17:1. When the metals market crashed gold dropped to less than 0 per ounce and silver to about . Lately gold has been running over 00 and silver only about , that's a ration of 60:1. Either gold is overpriced or silver is underpriced. I think gold is a very bad LONG term investment because I've seen the market do this before. In three years time gold will be 0 - 0 per ounce again. As far as real estate investments go it's location, location, location. I have lost zero value on mine. I live in a rural area that did not see the job losses and foreclosures that metropolitan areas did. There was also very little speculating going on in rural America, that was a big city problem.

  5. QUESTION:
    Why american companies don't operate like the chinese do?
    The chinese are building infrastructures,sky scrapers, telecommunication lines in developing nations. They are selling their products to every corner of the world from clothing, electronics to furniture. The chinese are the top buyers of mineral resources like Gold and Tantalum from countries like Ethiopia. It is an irony that the money these developing nations invest is coming from the generosity of American tax payers, IMF, and European Union. The Americans borrow money from the chinese and giving it to these developing nations, but the hard working chinese go to these developing nations and build their infrastructures and get the money back. Obviously, more debt to the Americans. My question is why American companies do the same thing to grow the economy here in America and save future generation from sky rocketing deficit and debt? Love you America!

    • ANSWER:
      other little details --

      the 25 largest companies in China are all majority owned by the state or army. all of them borrow massively from state owned banks on terms that amount to never having to pay back. That's a huge subsidy of essentially zero cost money and all of it essentially stolen from the depositors.

      online sources report the existence of entire cities that are nearly deserted in China. The second largest shopping mall in the world is in China and it has an occupancy rate under 20% of floor space.

      There are entire high rises of apartments all sold for cash but with fewer than 20% of units occupied in many major Chinese cities. They are owned by speculators all waiting to sell to someone else but there aren't enough people with the cash to buy who need a place to live due to crushingly low wages.

      Investment in fixed assets of this dubious sort was over 15% of Chinese GDP last year -- and that's higher than their reported GDP growth rate.

      China is a vast house of cards -- waiting for the earthquake that will bring the economy tumbling down.

      No one knows what that earthquake might be, or when it might happen -- but the wary are scared and setting aside hard assets for an uncertain future. [Chinese consumers are the world's largest net buyers of gold and gold jewelry -- traditional Chinese hedges against the collapse of the government's money.]

  6. QUESTION:
    US history pertaining to the birth of the slave trade?
    Which of the following was NOT part of the royal african company's slave trade?
    A)slaves from africa to the carribean
    B)sugar from the carribean to england
    C)tobacco and rice from north america to africa
    D)textiles and iron goods from england to africa
    E)gold from africa to england

    The first europeans to engage extensively in the african slave trade were the
    A)Dutch
    B)French
    C)Italians
    D)Spanish
    E)Portuguese

    By the 1730's ______ ships controlled the largest share of the african slave trade were the

    A)Dutch
    B)Portuguese
    C)Spanish
    D)British
    E)French

    The first European outpost on the sub-Saharan African coast was

    A)Accra.
    B)Timbuktu.
    C)Goree.
    D)Gambia.
    E)Elmina

    Europeans enslaved Africans through

    A)trade with Arabs.
    B)raids deep into the African interior along the major rivers.
    C)African merchants along the coast.
    D)raids on small coastal villages.
    E)treaty arrangements with local rulers.

    Forty percent of the enslaved crossing the Atlantic came from

    A)the Congo-Angola hinterland.
    B)Senegal.
    C)Yoruba.
    D)Calabar.
    E)the Slave Coast

    The ultimate decision when to begin the Atlantic crossing of a slave ship was made by

    A)officials of trading companies.
    B)contracts with potential slave buyers.
    C)local African rulers.
    D)the ship's captain.
    E)African traders.

    Of the various stages from freedom in Africa to slavery in the Americas, the highest mortality rate came during the

    A)initial phase of capture.
    B)long journey from captivity inland to slave castles on the coast.
    C)middle passage of crossing the Atlantic.
    D)close confinement of the coffles.
    E)adjustment to the harsh conditions of plantation labor.

    The largest number of slaves went to

    A)Brazil.
    B)North American colonies.
    C)Jamaica.
    D)Guadeloupe.
    E)Haiti

    The smallest concentration of slaves was found in

    A)Barbados.
    B)Colombia.
    C)Spanish colonies.
    D)Brazil.
    E)North American colonies.

    At the time of the American Revolution, ________ percent of the population were of African origin.

    A)10 B) 20 C) 30 D) 40 E) 45

    By 1700, race slavery

    A)barely tolerated in Europe.
    B)was accepted throughout the mainland colonies.
    C)was practiced widely, but still was not fully accepted as legitimate.
    D)had been rejected by the New England colonies.
    E)survived only where cash crops were an important part of the economy.

    The highest proportion of enslaved workers occurred in

    A)Maryland.
    B)South Carolina.
    C)bustling seaports like New York or Philadelphia.
    D)Virginia.
    E)Georgia.

    "The Ellis Island of black America" was in

    A)Delaware.
    B)Maryland.
    C)Philadelphia.
    D)Virginia.
    E)South Carolina.

    • ANSWER:
      C)tobacco and rice from north america to africa
      E)Portuguese
      D)British
      E)Elmina
      C)African merchants along the coast.
      E)the Slave Coast

  7. QUESTION:
    Probability and Statistics homework help?
    I have no idea how the book came up with this answer, hopefully someone can help me out. Here's the question, "Fewer luxury car buyers are choosing "neutral" colors (silver,white,black). Here is the distribution of the most popular colors for 2005 model luxury cars made in North America."

    Silver= 20%
    White,pearl= 18%
    Black= 16%
    Blue= 13%
    Light brown= 10%
    Red= 7%
    Yellow,gold= 6%

    What percent of vehicles are some other color?

    the book says 10% and I have no idea how they came up with that figure.
    your right, thanks a bunch. i knew i was making it harder than it actually was.

    • ANSWER:
      You add up all the colors that you are given i.e
      20+18+16+13+10+7+6= 90%
      The total number of cars adds up to 100% and since we already have 90%.....
      100%-90%=10%

  8. QUESTION:
    Have I been scammed by Trilegiant and my bank? How do I stop it?
    I've been researching issues on credit card scamming and bank scamming. (Some people are cashing checks and being charged mysterious fees, others are enrolling for credit protection, and some have no clue why these extra monthly fees are popping up on their cards). I received the following information about how to stop a Trilegiant scam. (I hope this helps).

    And I was wondering has this happened to you? And how did you stop it?

    Details: Trilegiant is behind more consumer abuse. Take action and contact Freed & Weiss - info @ freedweiss (dot) com (No Spaces), or call, toll free 866.779.9610

    Here's more information:

    Customers of websites like 1-800-Flowers.com, Travelocity, Shutterfly, and Orbitz are reporting mysterious monthly reoccurring charges to their credit cards.

    Thanks to marketing tactics (i.e., those pop-up windows) used during check out, without proper consent consumers are accidentally joining club memberships and having to pay for them monthly!

    Most people don't even realize they are being charged every month for a service they never ordered!

    Is this happening to you? Have you made a purchase for travel, work, or fun using any of the following sites:

    1-800-Flowers.com,
    Hotwire.com,
    Orbitz,
    Classmates.com,
    Barnes&Noble.com,
    Ticketmaster.com,
    Avon.com.
    Budget,
    Staples.com,
    Travelocity,
    Expedia/Hotel.com,
    Columbiahouse,
    Buy.com,
    FTD,
    Intelius,
    Gamestop/
    EB Games.com,
    Airtransholdings.com,
    Continental Airlines,
    Shutterfly Inc.,
    US Airways
    Vistaprint USA
    Redcats USA
    Pizza Hut
    Movie Tickets.com
    GMAC Mortgage

    Join this cause to learn more and stop the consumer abuse from Trilegiant.

    AND PLEASE CONTACT FREED & WEISS IMMEDIATELY if you - or anyone you know - has reoccurring charges after purchasing from any of these companies.

    Contact Freed & Weiss by emailing: info @ FreedWeiss (dot) com (No Spaces), or calling: (312) 220 - 0000, or toll free (866) 779 - 9610

    Help Spread the Word to Your Friends!

    What should I look for? Mysterious charges involving the business practice of Trilegiant/Affinion and Verture include the following membership programs:

    LiveWell,
    Great Fun,
    Shopping Essentials,
    Privacy Guard,
    Shoppers Advantage,
    Travelers Advantage,
    Buyers Advantage,
    Privacy Guard (or Credit Alert),
    HealthSaver,
    Netmarket.com,
    CompleteHome,
    Great Options,
    Everyday Values,
    Auto Advantage,
    Complete Savings,
    HealthSaver,
    Just For Me,
    Everyday Privileges Gold,
    IdentitySecure,
    CardCops,
    PC SafetyPlus,
    and Hot-Line

    Banks issuing the credit cards and processing unauthorized charges on your account include: Visa, MasterCard, Discover, American Express, Chase, Bank of America, US Bank.

    CHARGES WILL APPEAR ON YOUR CREDIT CARD BILLS WITH CRYPTIC DESCRIPTIONS SUCH AS: TLG*LIVWEL15130916JUL 800-7932318 CT."

    What can I do?

    Contact us immediately, if you or someone you know has been charged mysterious monthly recurring fees after making purchased as any of the online companies.

    • ANSWER:
      Eliz

      Don't call or join! Just look at your bill monthly, if you see an unusual item call the company OR do as I do, I file a dispute through your bank or card company... the charge is reversed, and I never hear from them again!

      Soccerref

  9. QUESTION:
    Is there any way to contact A crime unit anonymously?
    Hi there, i play a video game called Minecraft and i was on the official Minecraft forums trying to find mods (I know this doesn't help but still) and i found a topic where they was selling bank PIN's ect. ect. Here is what it says.

    Hello every body am capoorravip and am given fresh stuffs to any good vendor i was away but am here now will still up my website so does who know about me please tell the rest am here now one more thing please don't contact me if u don't know me or trust me don't have time to talk or waste n my service no minimum order any real buyer must have at least 5$ to test seller lol contact me if u need me thanks

    Selling fresh cvv USA UK CA EU ASIA bank longins track dumps track 1 and 2 bank to bank Wu transfer .

    Western Union Deals Available (Transfers) WU Transfer - 10% upfront of whatever amount you want me to Transfer for

    you eg: if you want 00 you will have to pay 0 upfront..availble countries for fast cash out below(

    italy,asia,nigeria,india,usa,uk,arab,south africa,russia,dubai,isereal,australia & some other countries.i make

    western union transfer with western union card is safe and fast 30mins mtcn will be authorized omline available.pm

    me for any mentioned deals below and also Shipping Service is available for all countries!!

    1 Sock 5 live = 5$/5sock live
    1 US visa= 3$
    1 US master 4$
    1 discover cc
    1 amex cc
    1 usa cc+ dob
    1 ca cc + dob
    1UK = 8$
    1UK CC WITH BIN =12$
    1UK CVV with DOB = 20$
    plantium 40$
    gold 30$
    classic 30$ with good balances from 00USD-,000usd

    Track2: 4888603138520663=07091011203159907082
    track1:
    B4888603138520663^Coy-Bailey/Dionne^070900000000001011203159907082000000
    Pin: 3699

    track 1 %B4388576030389152^MOORE/S
    TERRY~^10101011000011000000
    0116000000
    track 2 438857603089152=101010110000

    usa tracks1 and 2 +Atm Pin with good balance ,000Usd i sell 0...without
    Atm Pin 0

    uk tracks1 and track2 +Atm pin good balance 1,700GBP i sell 0...without Atm
    Pin 0
    Eu tracks 1 and 2 sell all + Atm Pin 0 with good balances

    Avaliable bank logins
    Alliance & Leicester
    Lloyds TSB Bank
    Northern Bank
    Jodrell Bank
    abbey bank
    Wamu
    RBC
    First Trust Bank
    Banque Nationale
    HDFC Bank
    royal bank of scotland
    hsbc
    Credit Union
    halifax
    barclays
    natwest
    welsfargo
    citibank
    Postbank
    M&T
    ICICI Bank
    Chase Bank
    wachovia & bank of america.

    Pm me for available Eu bank logins (Italy,spain,netherland,germany and south-africa bank logins)

    1 Ca CVV = 10$/CVV
    1 CA CVV(Amex,dis) = 15$/cvv
    1 EU CVV = 20$/CVV
    1 EU CVV(Amex,dis) = 30$/cvv
    1 US CVV full info = 50$/CVV
    1 UK CVV full info = 60$/CVV

    Paypal with pass email = 100$/paypal
    Paypal don't have pass email = 50$/Paypal
    belgum cvv
    asia cvv
    ger cvv
    spain cvv
    italy amex
    italy master and visa cvv
    germany cc
    netherland
    france
    arabia cvv
    kuwait cc
    middle east & ireland cvv each

    available amex cvv
    italy
    south-africa
    nehterland
    brazil
    arabia
    and some middle east

    inbox webmail
    inbox smtp webmail installed directly on your pc with instructions
    usa & uk leed 0 per 1mb
    email and password for usa and uk email leeds
    email links for usa ,eu and uk countries available

    Fulls come with this info
    Firstname, Lastname, Address, City, State, Zipcode, Phone, SSN, Mother'sMaidenName, DOB,
    Driver's License # and state, Email pass , Verifiedbyvisa pass, Cardnumber, Expiry Date, CVV2,
    Employment, Position Held
    Bank pass, number, name, account number and Routing Number and other infoz.
    cc fullz info us =
    cc full info uk & eu & asia =

    nation wide bank login 0 (£68,000.00GBP)
    halifax bank login 0 (£30,000.00GBP)
    lyods bank login 00 (£122,070.000GBP)
    I have Paypal verifi balance > 20.000$
    sell 2000$

    N/d: i selling fresh and valid stuff dumps,tracks,bank logins,cvv eu,usa and uk countries ,inbox webmails and

    tracks+ atm pin database,email leeds and MoneyBookers Account :Verified And Full Access MoneyBookers Account,usa

    fullz and uk fullz,Ebay Login :Fresh And Verified And Unlimited Ebay Account.
    With Ful information And Full Accessavailable.i accept payment via western union and liberty reserve only !!!

    So i am English and i need to contact a high crime police office, i was thinking crimestoppers but i was wondering if thats the wrong company?

    Regards, Ollie

    • ANSWER:
      http://www.sfo.gov.uk/

      http://www.soca.gov.uk/

  10. QUESTION:
    When is real estate, a usable hard asset unlike gold, due to roar to life with the dollar's pending collapse?
    In times of uncertainty, hard assets have held their inflationary value, whether, real estate, gold, diamonds, etc. In the total collapse of a nation, real estate was valueless. Just look at Russia 1917 when the Leninists appropriated all private property.

    I'm betting (and hoping) that the US doesn't follow 1917 Russia into a decades long abyss. I have been heavily invested in real estate for a decade and have seen the value of my holdings cut in half while I have seen the value of gold soar. Personally, I am tempted to buy some gold to hedge my chances of financial survival - but I'm afraid that I will be suckered and get gold that is only 60% while paying for the 99.999% stuff.

    The fact that gold has climbed dramatically, leads me to fear that this is being manipulated by government and financial wizards (by running the treasury's printing presses at full tilt for the so called stimulus spending). Besides, gold has all sorts of fee's involved in buying and selling and the middleman makes out quite handily.

    The present day gold rush reminds me of the silver run and bust back in the 1970's. It seems that every gas station was willing to sell gas for 10 to 20 times face value of a silver quarter. You could have topped off your tank for one or two pre-1964 quarters. Then it all went to hell.

    Real estate was depressed and stagnant in the 1970's. Having been in Chicago, the Old Town area was a depressed area inhabited by the drug ridden left over hippies from the 1968 era. You could have bought a property there for -50K. Jump forward one or two decades and this area became one of the hottest real estate markets where you couldn't touch a property for less than high 6 figures.

    Patience is a virtue, at today's prices, I would be a buyer - not a seller. I had a tough time holding onto several vacant properties over the years - but I continued to pay my loans (never late even once) and am now, for the first time sitting on 100% occupancy. The carrying costs still exceed the income from rent, but the tax writeoffs help offset my income a bit (thankfully I still have a job - but I am UNDER employed because of the economy).

    I guess what I want to hear is that maybe I am not the only person who thinks this way. I would like to hear from anyone who has viewpoints, pro and con, with a logical explanation of why or why not I am either going to do OK or I am living in a fantasy world.

    Trust me, I am ready to leave the US at the drop of a hat if any kind of revolution, civil war or attempt at socialist takeover begins. Come what may, I would rather be alive with only the clothes on my back in a foreign land than a victim of violence, like those in Russia 1920's-1950's or Germany 1930's-1940's.

    My parents escaped communist and nazi tyranny and came to America penniless. They worked like beasts, became citizens and raised a family, never asking for any help or aid along the way. As a kid growing up, I was derisively called a DP by the local kids. I studied hard and got out of that neighborhood, moving to Florida where I continue to have a respectable job (even if only half the income that I used to have).

    I fear that all my hard work and saving may not pay for itself. I'm hoping the country straighten's itself out and that my real estate will see a resurrection in value. But I keep a wary eye on DC and hope I don't have to repeat my parent's epic exodus.

    Thanks if you have read all this and gotten this far. I had to vent.

    Now, it's your turn.

    • ANSWER:
      I feel you are correct in all the areas. The only but is real estate has hit is lows over the past 50 years and has some how come back to it high, it just takes time. If the country does go into collapse what are you going to do with gold? I am thinking someone would just kill you for it, so I would not put much into gold or silver no more then you would on a normally given basses.


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