There is little debate as to the primary cause of the recent price drop in gold and silver. One clear explanation says it all – it is due to margin call liquidation by people holding long future contracts on precious metals. What Happened? Those who have been holding future gold and silver contracts were forced [...]
Every once in a while, a clever feller comes along who thinks they can dupe a gold buyer. Of all the people to sell fake gold to, don't you think a gold buyer would be a last resort? In a recent shenanigan in London, a certain Mr Silentbill attempted to sell a bunch of 1 ounce [...]
Did you know... During the mid 1960s, laborers in Canada earned a minimum wage of $1.25/hr or 5 silver quarters. Doesn't sound like much, or does it? Today, the melt value for the same 5 silver quarters comes to a whopping $22.25! If only it were true of Canada's minimum wage, too. This is one example of [...]
Image courtesy of www.goldalert.com For gold buyers, there are two times of the day that are more important than any other time, including lunch and dinner. Those times are 10:30 am and 3:00 pm, London time. So what happens at these times? This is when the London Bullion Market Association (LBMA), comprised of [...]
What sets Toronto Gold apart from the rest of the "Cash For Gold" businesses in Toronto? It's our upfront, haggle-free approach to buying gold that makes our store feel so refreshing. Whether you are the beneficiary of gold jewelry that has been handed down to you or just looking to take advantage of today's remarkably [...]
Image courtesy www.decktheholidays.blogspot.com Throughout history, gold has been one of the most precious resources known to man. It was no different then than it is now. The gift of gold is a supreme gift, and there's no better time to give the gift of gold than special occasions like Christmas and New Years. [...]