Bullion India


wealthymatters.comHere is my new discovery for today:Bullion India.I tried it out today and found the sign up easy and customer service good.I find it an excellent way to buy gold and silver at good rates.Given the tiny units in which you can buy the gold,it is the place to go to make token purchases on auspicious occasions when the prices of precious metals generally rise.Also this site is an excellent way to accumulate precious metals a little at a time as there are no storage costs and commissions.

Diamond Jewellery Buying Tips


wealthymatters.comDiamonds can be good investments for the people who know what they are doing and have a means of cashing them in on favourable terms.However investing in gold is a lot easier than investing in diamonds.So even at times like this, when the rapid rise in gold prices, tempt many people to look towards diamonds,there is a tendency to think of diamonds as valuable fillers and focus on the gold content of jewellery. So if you don’t want to spend too much on diamonds,here are some tips to help economize and still get good results.

(1)For the best value in what would appear to the naked eye as a colorless diamond, look for G-J diamonds. Because color is easier to detect in larger diamonds, opt for G-H in diamonds over 1 carat, and I-J for those under 1 carat. Once set in a ring, these diamonds will look just like higher color grade diamonds. Instead of investing in higher color, invest in higher cut, the most important factor in a diamond’s brilliance.

(2)Because diamonds with more facets reflect more light, they tend to hide color better than other shapes. So, consider round, princess or other modified brilliant cuts over step cuts such as emerald or asscher if you are concerned about color.

(3)If you are concerned primarily about carat weight, and are on a tight budget, consider a yellow gold setting and a round diamond in the K-L color range. A lower color diamond with a higher cut grade will have more sparkle and visual appeal than a higher color diamond with a lower cut grade.

 

The Pros And Cons Of The Gold Standard


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The 500 per cent rise in the gold price since April 2001 prompted gold bugs to speculate about a new age of gold

Return Of The Barbarous Relic

Despite Gold’s Rising Popularity, Central Reserves To Continue Using Paper Money

John Milton wrote, “Time will run back and fetch the age of gold.” In the 19th and early 20th centuries, gold played a key role in international monetary transactions. The gold standard was used to back currencies, values were determined by its fixed relationship to gold and the precious metal was used to settle international accounts. Imbalances ininternational trade were settled by physical transfers of gold bullion. Read more of this post

Nota Bene


wealthymatters.comCompared to other asset classes, gold has historically outperformed in a wide range of uncertain economic scenarios: deflation (falling prices accompanied by low or negative growth), stagflation (high inflation and low growth as seen in the US in the 70s) and in potential hyper-inflationary outcomes while it tends to lag when the global economy is booming.

Gold Smuggling


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Here is a fact I came a cross about a week ago.If you are trying to decide which way the price of gold will move short term, remember this fact.India’s official gold purchases might be down but consumption has probably not reduced as much as many pundits are positing, despite the high prices in Rupee terms.Mumbai gold prices are about Rs 1,500 per 10 grams higher than international prices