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Showing posts with label How To Make Money Buying and Selling Gold. Show all posts
Showing posts with label How To Make Money Buying and Selling Gold. Show all posts

How To Make Money Buying and Selling Gold

How much can I make buying gold?

Unscrupulous gold dealers like the ones that advertise on radio and TV ask you to mail your gold in to them. They typically pay between 10% and 20% of the value of gold. Most pawnshops pay about 30% to 35%.
Legitimate dealers pay between 40% and 65%. 40% to 65% may seem low to you, but remember, the gold you buy has to be smelted, refined, assayed and poured into ingots before it can be resold. Refiners who do this will pay you between 85% and 92% of the spot price of gold.
Lets look at a typical sale. The average person tends to bring in three or four items that altogether weigh about 2 ounces. Most items people bring me are 14K gold which is 58% pure gold and the rest is alloys to lend gold its color and hardness.

Where do you find people with Gold to sell?

I live in a small town of about 12,000 people. I was driving to the supermarket on a recent Saturday and saw several signs that said: “Cash for Gold and Silver Today at the Majestic Hotel.” After I left the market, I drove over to the Majestic Hotel to see what was going on.
There was a gentleman in one of the meeting rooms off of the lobby with a table, a scale and calculator and a cash box. He was meeting with a lady while two more people waited their turn. I didn’t want to bother him, but the lady who works at the reception desk is a friend of mine, so I asked her how he was doing. She told me he has had a steady stream of customers all day. Imagine if each person brought in just one ounce of gold and he saw 20 or 30 people that day. That is a huge amount of money

Gold Parties are a booming business

One of the things I show you how to do with my system is throw gold parties. You have all heard of home parties for Tupperware, cosmetics or cooking gadgets. Well at those parties people spend money. When people attend a gold party they make money! If you can get 10 people to a gold party you can buy several ounces of gold, -potential profit of up to 45% on each ounce And the hostess, who put on the party, will get 10% of what you make. Now that’s what I call a “win-win.”

What kind of gold do you buy?

Here is a list of some of the gold pieces I see every day:
  • Outdated jewelry
  • Broken or bent items
  • Gold chains
  • Class rings
  • Bracelets
  • Pins
  • Broaches
  • Wedding or engagement ring from an ex-spouse
  • Retirement pins
  • Watches
  • Tangled bracelets and chains
  • Wedding bands
  • Items with missing stones
  • Single earrings
  • Those giant earrings from the 80′s
  • That promise ring from the ex-boyfriend you would like to forget about.
scrap gold and silver

Skip: What does your system include?

Here is what you get:
  • 50 page eBook, How to Make Money Buying and Selling Gold. – My book contains everything you need to get started. Please Note: My eBooks are set to allow printing. You can print it out on your computer printer, or you can send the file to a local copy shop and they will print and bind a copy for you.
  • Bonus Resource – A bonus package that contains all of the ads, flyers and invitations you need to market your business. It would cost you hundreds of dollars to create these from scratch.
  •  Bonus Resource – My personal list of refiners who will pay between 92% – 96% for your gold 
  • Bonus Report  – Tools of the Trade
  •  Bonus Report – Sandwich Board Advertising
  •  My No Questions Asked, 100%, 60-day Money-back guarantee!

OK– How Much does it cost?

My complete Gold Buying Training System only costs $37!