I'm Going to Cottonwood Arizona To Help Open a New Gold Store

My friend Greg is opening a new gold and silver store in Cottonwood, Arizona. The new store will sell gold and silver coins, we'll be buying scrap gold, silver, and platinum.


Here is the new web site: Cottonwood Gold and Silver Home

We're working to be open by July 1, 2011

Stopo by and let me know what you think of the new web site I'm building.

Darryl

Saving On Food in the New Economy

We are seeing rising food prices worldwide. It seems that almost all commodities have risen, and will continue to rise. Certainly this is due to Worldwide weather disruption, and the fiat currencies imploding. It becomes imperitave to find ways to secure foods at a better rate. Here's one way I save on breakfast:

Stock Market is Manipulated - And so are Commodities

We have massive unemployment in the USA, and yet stocks are up. The earnings that are reported are coming from dumping employees. Consumer demand may be the same, but consumer buying power, and confidence are at an all time low. Real unemployment ranges from 20% to 30% depending on where you are.

Here in Florida we see 20% to 25% unemployment. I don't see how any company can be booming with these numbers. This is really evident as Goodwill becomes the new Wal-Mart.




I buy silver and gold at Honest Gold Guy of Sarasota. I see people selling gold and silver for extra cash. This lack of jobs has people liquidating many of their possessions to meet daily expenses.

My Silver Seller Client Who Wouldn't Sell

I had a customer bring in a huge, heavy sterling silver necklace the other day. It was much bigger and gaudier than the one in the picture. I weighed it and gave her a price quote. Off the top of my head I believe it was 266.00 or therabouts. She immediately said I couldn't sell it for that! I paid $400.00 for it in a Mexican Tourist Hotel several years ago.

Of course when we buy silver jewelry we're paying for the silver, the craftmanship, and the retail markup. At a tourist hotel I would expect the markup to be great. The necklace was so big and gaudy that no one in the family would wear it, and she wants to hold it to get her $400.00's back.

I just scratch my head sometimes. Some lucky?? heir will inherit a huge, gaudy necklace I guess!