All About Gold

March 9, 2010

Why dosen’t the US sell part of its gold reserves to raise the value of the dollar?

Filed under: Economics — Tags: , , — @ 4:42 pm

The price of gold is at an all time high, while the value of the dollar is plummeting, causing horrible repercussions for the US economy. From estimates I’ve heard the US gold reserve has at least $150 billion in gold. Why doesn’t it put part of that (say $50 billion) on the market to simultaneously lower gold prices and raise the value of the dollar? I’m certainly not an economist and just wondering out loud, but it seems to make sense.

Shawnta

January 21, 2010

How do I sell my a class gold ring at a pawn shop?

Filed under: Other - Business & Finance — Tags: , , — @ 9:08 am

I do not have experience at dealing with the clerks at pawn shops. Has anybody ever sold gold and gotten a good deal?
Do you know a system / trick on how to handle your transaction? Thanks a million!!

Louanne

May 31, 2009

How can you tell if gold is real?


Someone is trying to sell me a gold necklace. I do not know the person well and they do not work for any store or anything like that. The person is trying to sell me a 14k gold necklace. I want to make sure that the gold is real before I buy it. What are some quick and simple ways to test the gold to see if its real. Please respond with serious answers. Thanks in advance to all who answer.

Isidro

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