The Gold Parties
The economic recession has determined people to look for new methods of making money. Most of them, have decided to sell their goods by organizing garage sales, while some of them have pawned their jewelry. Today there is a better way to profitably resell your gold jewelry and win more money than you would normally do from a regular sale: gold parties.
This will come as a surprise, but in times of recession, the only product that seems not to be affected by market fluctuation is gold. Buying and selling precious metal is a profitable investment because the prices are expected to grow considerately once the troubled period is over. Gold bars and coins may be bought anywhere on the market from specialized dealers, but now, these parties enable people who don’t usually do business with gold to make money out of their jewelry.
Anybody can become the host of a gold party. It’s really simple; all you have to do is gather your friends or relatives at the same table with a gold investor. The guests will discuss the value of their gold accessories with the buyer and negotiate a final price which will hopefully satisfy everyone.
The buyer will examine the surface of the objects and subject them to various tests in order to determine whether they are genuine or not. Each gold investor has its own methods of testing metals, but the safest ones remain acid and magnet tests. Guests are advised, on the other hand, to separately evaluate their jewelry before the gold party in order to make sure that the price they are being offered is correct.
The buyer, in return, wins money by selling the gold adornments to the refinery; however the majority of these investors have their own gold bars where they melt the jewelry and transform them in bullion. In order to make sure that he will be able to cover all the exp