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BS: Scrap gold prices rising again

Georgiansilver 20 May 04 - 06:02 PM
Bee-dubya-ell 20 May 04 - 06:13 PM
Rapparee 20 May 04 - 06:24 PM
Dave Wynn 20 May 04 - 07:27 PM
mooman 20 May 04 - 07:42 PM
jimmyt 20 May 04 - 09:58 PM
Little Hawk 20 May 04 - 10:04 PM
Georgiansilver 21 May 04 - 03:49 AM
Hrothgar 21 May 04 - 08:37 AM
jimmyt 21 May 04 - 10:25 AM
Wesley S 21 May 04 - 10:29 AM
Rapparee 21 May 04 - 10:39 AM
Wesley S 21 May 04 - 11:02 AM
Georgiansilver 21 May 04 - 07:33 PM
Georgiansilver 23 May 04 - 06:44 PM
Georgiansilver 17 Aug 04 - 03:44 PM
Georgiansilver 17 Aug 04 - 03:53 PM
Bobert 17 Aug 04 - 03:59 PM
jimmyt 17 Aug 04 - 04:23 PM
Georgiansilver 17 Aug 04 - 04:25 PM
jimmyt 17 Aug 04 - 04:50 PM
Georgiansilver 17 Aug 04 - 04:56 PM
Georgiansilver 17 Aug 04 - 04:57 PM
Little Hawk 17 Aug 04 - 06:51 PM
Georgiansilver 03 Aug 06 - 03:11 AM
JohnInKansas 03 Aug 06 - 03:52 AM
Bill D 03 Aug 06 - 12:59 PM
Charley Noble 03 Aug 06 - 03:01 PM
Peace 03 Aug 06 - 08:49 PM
Stilly River Sage 04 Aug 06 - 06:26 PM
Georgiansilver 04 Aug 06 - 07:20 PM
GUEST,Wesley S 04 Aug 06 - 07:54 PM
The Fooles Troupe 04 Aug 06 - 08:41 PM
Georgiansilver 05 Aug 06 - 06:06 AM
Georgiansilver 24 Jan 08 - 11:31 AM
Georgiansilver 24 Jan 08 - 05:43 PM
PoppaGator 24 Jan 08 - 05:48 PM
Slag 24 Jan 08 - 07:34 PM
Georgiansilver 25 Jan 08 - 02:39 AM
Georgiansilver 06 Oct 09 - 04:58 PM
Sorcha 06 Oct 09 - 05:02 PM
bobad 06 Oct 09 - 05:04 PM
Georgiansilver 10 May 10 - 05:13 PM
Georgiansilver 10 May 10 - 05:17 PM
Ed T 10 May 10 - 05:21 PM
mousethief 11 May 10 - 12:14 PM
gnu 11 May 10 - 02:39 PM
Ed T 11 May 10 - 02:39 PM
Georgiansilver 11 May 10 - 04:11 PM
Ed T 11 May 10 - 04:48 PM
gnu 11 May 10 - 05:01 PM
Ed T 11 May 10 - 06:09 PM
Georgiansilver 25 Oct 10 - 07:19 AM
Little Hawk 25 Oct 10 - 10:04 AM
Jack the Sailor 25 Oct 10 - 02:32 PM
Q (Frank Staplin) 25 Oct 10 - 02:54 PM
Jack the Sailor 25 Oct 10 - 03:24 PM
Fergie 25 Oct 10 - 04:12 PM
Little Hawk 25 Oct 10 - 04:58 PM
Jack the Sailor 25 Oct 10 - 05:04 PM
Little Hawk 25 Oct 10 - 05:11 PM
Jack the Sailor 25 Oct 10 - 05:14 PM
GUEST,.gargoyle 25 Oct 10 - 06:56 PM
Little Hawk 25 Oct 10 - 10:41 PM
Penny S. 26 Oct 10 - 01:07 PM
Georgiansilver 26 Oct 10 - 01:53 PM
gnu 26 Oct 10 - 02:46 PM
Little Hawk 26 Oct 10 - 02:58 PM
Georgiansilver 26 Oct 10 - 04:07 PM
gnu 26 Oct 10 - 05:06 PM
Penny S. 26 Oct 10 - 05:26 PM
Q (Frank Staplin) 26 Oct 10 - 05:39 PM
Penny S. 26 Oct 10 - 05:49 PM

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Subject: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 20 May 04 - 06:02 PM

Having just checked Baird an Co online, I notice that scrap gold is going up again in price, having dropped to a very low price recently.
Good for all of those of you who hoard it.


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Subject: RE: BS: Scrap gold prices rising again
From: Bee-dubya-ell
Date: 20 May 04 - 06:13 PM

Boy! Is that some good news or what? Now I can get rid of that big old pile of scrap gold out by the woodpile and put the space to better use like storing some old car batteries and broken cinder blocks!


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Subject: RE: BS: Scrap gold prices rising again
From: Rapparee
Date: 20 May 04 - 06:24 PM

I'm a-gonna pull out them teeth I had put in jist a year or so back. Da-gone, but this shore is good news!


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Subject: RE: BS: Scrap gold prices rising again
From: Dave Wynn
Date: 20 May 04 - 07:27 PM

Don't take the P. My hoard of 16 gms of 9 Ct is gonna make rich I tell you.

Spot (the Golden Retriever)


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Subject: RE: BS: Scrap gold prices rising again
From: mooman
Date: 20 May 04 - 07:42 PM

Thanks Georgiansilver!

The Good Lady is away at the moment and there is that nice Larrivee down the music shop...

Peace

moo

(now where exactly does she keep her stash of bling-bling...?)


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Subject: RE: BS: Scrap gold prices rising again
From: jimmyt
Date: 20 May 04 - 09:58 PM

spot gold was down $4.50 today was trading at $75 per ounce higher 2 months ago probably not a good time to be selling!


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Subject: RE: BS: Scrap gold prices rising again
From: Little Hawk
Date: 20 May 04 - 10:04 PM

Nope. Now is not the time to sell.


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 21 May 04 - 03:49 AM

No no don't sell now..it really has started back on a slow upward trend and I believe will rocket in price shortly. Hang on to any you have until the price is right for you.
Be Blessed.


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Subject: RE: BS: Scrap gold prices rising again
From: Hrothgar
Date: 21 May 04 - 08:37 AM

Number 1 bright copper scrap is around $3.00 Australian, up from $2.20 a few months ago. It's the Chinese market.


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Subject: RE: BS: Scrap gold prices rising again
From: jimmyt
Date: 21 May 04 - 10:25 AM

the Chinese are hoarding bright copper? it is a conspiracy!


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Subject: RE: BS: Scrap gold prices rising again
From: Wesley S
Date: 21 May 04 - 10:29 AM

The company I work for sells industrial metals. I can tell you that all of the metals we deal with { iron, bronze, stainless, copper ect } have gone up in price. It was not uncommon to get a quote that was good for 30 days or more - now we're often told that the price is good for the rest of the week.


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Subject: RE: BS: Scrap gold prices rising again
From: Rapparee
Date: 21 May 04 - 10:39 AM

The US shipped over 445 million tons of recyclable iron and steel to China last year. Steel prices here have increased something like 40% since March 1. I understand it's to do with China building cities "the size of Indianapolis for the Olympics."

Copper, etc. would fall in the same category.


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Subject: RE: BS: Scrap gold prices rising again
From: Wesley S
Date: 21 May 04 - 11:02 AM

The stainless the Chinese are making is of questionable quality. But the mills here in the States are trying to make up for lost profits.


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 21 May 04 - 07:33 PM

Gold(9ct) has risen by 2p today


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 23 May 04 - 06:44 PM

Risen by another 3p today...on its way UPPPPPP


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 17 Aug 04 - 03:44 PM

oops, guess the prediction was a little early eh?? try again!!!!


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 17 Aug 04 - 03:53 PM

It IS on its way up....buy scrap gold!!!!!


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Subject: RE: BS: Scrap gold prices rising again
From: Bobert
Date: 17 Aug 04 - 03:59 PM

Heck, I think I'll just ignore that pile of scrap gold in the back yard 'til next spring as the mowing season is just about over with anyway so I won't have to mow around it fir a while...

Bobert


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Subject: RE: BS: Scrap gold prices rising again
From: jimmyt
Date: 17 Aug 04 - 04:23 PM

if you're buyin', Georgian, Silver, I'm sellin' Got a whole pile of it..........if you don't mind it being sort of shaped like teeth.......


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 17 Aug 04 - 04:25 PM

Don't mind how it comes friend....I buy scrap gold when it is on the up!but would recommend anyone else to also!


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Subject: RE: BS: Scrap gold prices rising again
From: jimmyt
Date: 17 Aug 04 - 04:50 PM

How do you determine your price? I sell mine from time to time, and I am sure I take a bit of a beating from the company that I sell to. WOuld be happy to get a decent price. Let me know


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 17 Aug 04 - 04:56 PM

Hi jimmyt try http://www.goldline.co.uk/goldlinedev/GC/Global/GLHomeFrame.ghtml
Best wishes.


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 17 Aug 04 - 04:57 PM

P.S click on Scrap Prices......


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Subject: RE: BS: Scrap gold prices rising again
From: Little Hawk
Date: 17 Aug 04 - 06:51 PM

I took the liberty of removing that pile of scrap gold that was in your back yard, Bobert, because you obviously didn't want it. Man, was that stuff a mess. I've got it kind of cleaned up now, though. I still wonder if I should've charged you a nominal fee.


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 03 Aug 06 - 03:11 AM

Resurrected thread....since this thread was active...gold has almost doubled in price. Still goes up and down but is steadily rising..good investment?
Best wishes, Mike.


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Subject: RE: BS: Scrap gold prices rising again
From: JohnInKansas
Date: 03 Aug 06 - 03:52 AM

Most of us in my neighborhood don't get too excited about the price of gold 'cause we ain't got any; but the price of other metal scrap has been up enough that criminals are stealing the power lines off the poles - while they're hot. Any building with an industrial strength air conditioner that doesn't have a 24-hour watchdog risks having the roof units stolen for the copper coils. And a few (unoccupied?) houses have been broken into, with someone breaking out the wall panels to pull the wire out, and air conditioners have been stolen from a few private homes.

Copper seems to be the favorite, although there have been some rather large heists of aluminum and stainless steel scrap piles from industrial places.

One paving contractor claims his guys dropped off several tons of rebar for a street project that all disappeared over night.

All the reports I've heard have been local stuff; but one would suspect similar problems anywhere people have got a beater truck big enough to haul a useful amount.

Our local gendarmes recognized the problem, so they set up a sting by taking a few loads of "simulated stolen scrap metal" to several dealers. They arrested people at three different dealers for "short weighing" their scrap, but no charges for "dealing in stolen goods" were filed. (Apparently it's really important that the thieves get full value for what they steal.)

John


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Subject: RE: BS: Scrap gold prices rising again
From: Bill D
Date: 03 Aug 06 - 12:59 PM

sounds like we're gonna end up melting down all the metals we have so we can sell it elsewhere, then re-buy it at higher prices and re-manufacture everything we need at MUCH higher prices.....

what? My economic theories sound too much like reality? I guess I just don't have a head for commerce.


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Subject: RE: BS: Scrap gold prices rising again
From: Charley Noble
Date: 03 Aug 06 - 03:01 PM

Wonder what the value of my stockpile of used banjo strings would be?

Cheerily,
Charley Noble


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Subject: RE: BS: Scrap gold prices rising again
From: Peace
Date: 03 Aug 06 - 08:49 PM

You put strings on bongos?


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Subject: RE: BS: Scrap gold prices rising again
From: Stilly River Sage
Date: 04 Aug 06 - 06:26 PM

There's a place I heard about on the radio, and out of curiosity visited their web page. You're supposed to send away for their kit, get all of your scrap gold trinkets and pop them in a special envelope and mail it. They will weigh it and mail you a check. Yeah, right, that sounds like a real good way to get an accurate reading and a fair price (not!) I wonder how many people actually fall for that?

SRS


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 04 Aug 06 - 07:20 PM

Stilly...In the UK we have such a place....Baird and Co of Hatton Garden, London..they actually pay more than the advertised price on the site..... www.goldline.co.uk click on 'scrap prices' and they are the best in the UK....took me a long while to find that out but it has paid off.
Best wishes, Mike.


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Subject: RE: BS: Scrap gold prices rising again
From: GUEST,Wesley S
Date: 04 Aug 06 - 07:54 PM

The company I work for is a distributor of industrial metals - iron, bronze and stainless steel mostly. We've had several folks arrested who have pulled up their trucks to our lot and jumped the fences to load up on bars of material. We've lost several thousands of dollars of stock. We've been forced to add tougher security measures. It really pisses you off after awhile.

There was even an armed robbery of copper tubes at a construction site nearby. In broad daylight.


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Subject: RE: BS: Scrap gold prices rising again
From: The Fooles Troupe
Date: 04 Aug 06 - 08:41 PM

The problem with putting all your spare readies into gold, or any other such 'valuable' is not whether the value will increase over time (it definitely will!), but

1) the value having increased, just WHEN do you sell it - if the value goes up again, you have got off the merry-go-round, haven't you?

2) what do you live on while you are waiting for the value to increase?


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 05 Aug 06 - 06:06 AM

It is possible at Antique Fairs, Car Boot sales and Estate sales to buy gold at under scrap value....take an eyeglass and a digital gold scale....then scrap it in at the highest paying gold scrap merchant you can find....can be very profitable. Or if you can afford to you can store it until gold has gone up in price considerably.
Best wishes, Mike.


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 24 Jan 08 - 11:31 AM

When I started this thread in 2004.....the scrap price for 9ct gold was around £2.30 per gram. Check it out now.
Baird & Co, Hatton Garden, London. Scrap prices.

I guess it was a really good investment eh? Gold prices have risen steeply in recent months.
Best wishes, Mike.


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 24 Jan 08 - 05:43 PM

Don't you wish you had invested in gold?


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Subject: RE: BS: Scrap gold prices rising again
From: PoppaGator
Date: 24 Jan 08 - 05:48 PM

If "scrap" gold is so valuable, what about the good stuff?

;^)

Seriously, though, does gold jewelry, coins, etc., go up and down in value along with the melted-down stuff?


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Subject: RE: BS: Scrap gold prices rising again
From: Slag
Date: 24 Jan 08 - 07:34 PM

Spot price is what determines it's value. Here Spot, here boy. Come and tell me what gold is going to be worth.


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 25 Jan 08 - 02:39 AM

Poppagator...that is correct....all jewellery etc in fact anything made of gold has that scrap weight value. Broken rings, chains, brooches.etc etc can be 'weighed in' for cash.
Best wishes, mIke.


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 06 Oct 09 - 04:58 PM

Prices are rising yet again......


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Subject: RE: BS: Scrap gold prices rising again
From: Sorcha
Date: 06 Oct 09 - 05:02 PM

The ONLY gold I have is my wedding ring and I'm not selling that. Such a thin band it wouldn't help any at all.


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Subject: RE: BS: Scrap gold prices rising again
From: bobad
Date: 06 Oct 09 - 05:04 PM

Gold hits record high on 'plan' to ditch dollar

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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 10 May 10 - 05:13 PM

Gold still on the way up and just look at the last year.      The graph shown is on a US site.... Best wishes, Mike.


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 10 May 10 - 05:17 PM

When I started this thread in 2004.....the scrap price for 9ct gold was around £2.30 per gram. Check it out now. All other carats have gone up proportionately.
Baird and Co, Hatton Garden London.. scrap prices.


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Subject: RE: BS: Scrap gold prices rising again
From: Ed T
Date: 10 May 10 - 05:21 PM

Time to get the grave digging pick and shovel, and miners hat out.


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Subject: RE: BS: Scrap gold prices rising again
From: mousethief
Date: 11 May 10 - 12:14 PM

I keep going to healing services at penty cost all churches and waiting for my fillings to turn gold so i can sell them. But they keep staying silver.


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Subject: RE: BS: Scrap gold prices rising again
From: gnu
Date: 11 May 10 - 02:39 PM

Where is my wedding ring? It's scrap.


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Subject: RE: BS: Scrap gold prices rising again
From: Ed T
Date: 11 May 10 - 02:39 PM

I have three gold dental bridges and four gold crowns....but I am not saying where I live, or sleep.


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 11 May 10 - 04:11 PM

Ed T... do you sleep with your mouth open??


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Subject: RE: BS: Scrap gold prices rising again
From: Ed T
Date: 11 May 10 - 04:48 PM

I don't know, was never awake to see it?
But, just in case, I am cautious.


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Subject: RE: BS: Scrap gold prices rising again
From: gnu
Date: 11 May 10 - 05:01 PM

Camcorder with night vision. Let us know, eh? I shall not sleep soundly until you report.


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Subject: RE: BS: Scrap gold prices rising again
From: Ed T
Date: 11 May 10 - 06:09 PM

I shall report back agape.


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 25 Oct 10 - 07:19 AM

When I started this thread... 9 carat gold was £2.30 per gram...... from 2004 to 2010... six years... it is today £10 a gram.................. Gold prices today.    What else could you have invested in to make so much profit???


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Subject: RE: BS: Scrap gold prices rising again
From: Little Hawk
Date: 25 Oct 10 - 10:04 AM

It's a very good way of gauging just how fast the paper currency we all use is losing value.


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Subject: RE: BS: Scrap gold prices rising again
From: Jack the Sailor
Date: 25 Oct 10 - 02:32 PM

I think at the present time it as just as much a gauge of hysteria and fear mongering.

Beck and Limbaugh have gold sellers as major sponsors. I suspect their audience is vulnerable to hysteria and fear mongering.

I don't know exactly when the bubble will burst, but if when unemployment rate in the US starts to seriously trend down, If I were sitting on gold, I would sell it.


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Subject: RE: BS: Scrap gold prices rising again
From: Q (Frank Staplin)
Date: 25 Oct 10 - 02:54 PM

Copper in Jan. 2000 c. $85; in 2010 c. $350.
Relative silver price c. $5 in 2000; now above $20.
Oil in 2000 at $20/bbl; now about $80.
Try rice futures, etc.


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Subject: RE: BS: Scrap gold prices rising again
From: Jack the Sailor
Date: 25 Oct 10 - 03:24 PM

It is interesting that your basis point is from when Clinton left office.

But by all means keep your gold when unemployment starts to drop.


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Subject: RE: BS: Scrap gold prices rising again
From: Fergie
Date: 25 Oct 10 - 04:12 PM

Another bubble being consciously inflated to make the rich richer.


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Subject: RE: BS: Scrap gold prices rising again
From: Little Hawk
Date: 25 Oct 10 - 04:58 PM

Gold, silver, copper, rice, and houses are all real. Money isn't. Money, as it exists now (meaning paper and digital money), is just an artificial idea created by banks and governments, and people act like it's real, but the banks create vast new amounts of it out of thin air simply by making loans to governments, businesses, and individuals. In this way the banks get richer, they basically run the show, we mostly get poorer, and the currency steadily loses value, simply because there's a lot more of it in circulation every year, while the rest of the world (the real stuff) remains finite...or even grows scarcer.

Money isn't really worth anything....unless people think it is. Then it's worth whatever they think it's worth. Like I said, it's an idea. People will kill and die for an idea. They'll fight a war for an idea that they themselves made up. The history of the human race has proven that time and time again.

The Indians took paper money off dead soldiers after Custer's demise. They could see it was only little pieces of colored paper, so they used it for ornamentation and for starting fires. ;-) They were a bit less crazy than the people they took that money off. They could see what it really was. It's worth nothing to people who don't believe in it, and you can't eat it when you run out of food.

Nor can you eat gold. ;-) But it's still a profoundly useful and beautiful substance, whether for making fine jewelry or fine quality electronics or fillings in your teeth. It does not tarnish, and that makes it quite valuable.


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Subject: RE: BS: Scrap gold prices rising again
From: Jack the Sailor
Date: 25 Oct 10 - 05:04 PM

Gold is real but intrinsically it is not more valuable than any other metal.

The difference in value between gold and copper is no more real than the value of money.

Its a bubble, it will pass. I'm not saying that gold will drop to the price of copper, but it will drop. It will drop a lot.


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Subject: RE: BS: Scrap gold prices rising again
From: Little Hawk
Date: 25 Oct 10 - 05:11 PM

No doubt. It always does if you wait till the right time. And then it rises again.

All metals are valuable for certain specific purposes. I don't know how we could establish which is the most valuable...that would depend upon the purpose you had in mind, wouldn't it?


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Subject: RE: BS: Scrap gold prices rising again
From: Jack the Sailor
Date: 25 Oct 10 - 05:14 PM

Few metals are hoarded like gold is.


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Subject: RE: BS: Scrap gold prices rising again
From: GUEST,.gargoyle
Date: 25 Oct 10 - 06:56 PM

As it has been throughout the ages...the BEST investment is:

Good Health
Strong Work Ethic
Continual Lifelong Education
Debt Free is the way to be.

Sincerely,
Gargoyle

And NO SPECULATION on borrowed capital!


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Subject: RE: BS: Scrap gold prices rising again
From: Little Hawk
Date: 25 Oct 10 - 10:41 PM

I certainly wouldn't argue with that!


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Subject: RE: BS: Scrap gold prices rising again
From: Penny S.
Date: 26 Oct 10 - 01:07 PM

I've been amazed at the number of little stalls that buy any gold which have popped up. And the flyers through the door. And the ads for people to whom you mail your gold so they can mail you money back.

Can anyone explain if it is possible to get the pure gold out of the nine carat stuff?

I once spent part of a lesson explaining what nine carat meant to some children who thought it must be wonderful. Oh the light fading in their eyes, and I hope the future decision not to buy it.

Penny


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 26 Oct 10 - 01:53 PM

9 carat gold is only 375 parts gold to 625 parts other metal...... if heated to the right temperature..... which is what happens to most gold scrapped nowadays...... it will become pure..... incidentally... 18 carat is 750 parts gold 22 carat is 916 parts gold.


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Subject: RE: BS: Scrap gold prices rising again
From: gnu
Date: 26 Oct 10 - 02:46 PM

I got CDN$34.23 for my wedding ring. Cost me a LOT more than that.


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Subject: RE: BS: Scrap gold prices rising again
From: Little Hawk
Date: 26 Oct 10 - 02:58 PM

Yes, I'm sure they give you WAY less than the stuff is worth. After all, they're businessmen, right? ;-)


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Subject: RE: BS: Scrap gold prices rising again
From: Georgiansilver
Date: 26 Oct 10 - 04:07 PM

Yes gnu... buying gold from a retailer in the form of rings, bracelets, necklaces, cuff links, ear rings etc etc.. is problematic inasmuch as you pay maybe three times the scrap value. If anyone is looking for items of gold jewellery I suggest you look in your jewellers shop to spot the item you are looking for, note the price... then search for the same thing on Ebay.... where it will be bought for around or just above scrap value.


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Subject: RE: BS: Scrap gold prices rising again
From: gnu
Date: 26 Oct 10 - 05:06 PM

I am certainly NOT looking for another wedding ring. >;-)


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Subject: RE: BS: Scrap gold prices rising again
From: Penny S.
Date: 26 Oct 10 - 05:26 PM

What I didn't explain, not knowing, was what the other metals are. I was using parts out of 24. Big numbers and small children don't work well.

Penny


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Subject: RE: BS: Scrap gold prices rising again
From: Q (Frank Staplin)
Date: 26 Oct 10 - 05:39 PM

Selling your gold to one of those companies advertizing cash for gold, you are lucky to get 1/3 the scrap value.

Old jewelry of good design is way up in price over what it was ten years ago. Do not sell your antique jewelry to the 'cash for old ...' but try and find a reputable antique dealer who will help or pass it on to your favorite young'un.
Old gold-case watches, if the movements are quality and are still repairable sell to collectors for very good money. A good Hamilton or other good pocket watch in gold case makes a collector drool- and pay much more than the gold value..

Be careful of buying at Ebay or anywhere else on the net unless you know values. Occasional bargains, but many out there who know how to pitch their stuff to get the highest return.
Cheaper jewelry has the largest percentage mark-up.

Simply heating 9 carat to get purer gold doesn't work; the copper or other alloy metals must be separated out.
This site has workable methods of refining your gold, but they are messy, and some are toxic if care not taken.
http://shorinternational.com/refining.htm#Simplicity


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Subject: RE: BS: Scrap gold prices rising again
From: Penny S.
Date: 26 Oct 10 - 05:49 PM

That's interesting - not that I had any intention of refining any 9 carat any time soon. But I was concerned that if it wasn't easy, we were losing a valuable resource by turning it into tatty earrings.

Penny


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