According to Michael J. Kosares, one of the country’s foremost gold experts and the author of numerous books on the gold market, gold should essentially be thought of as ‘wealth insurance.’
“You cannot approach [gold] the way you approach stock or real estate investments,” Kosares says. “Timing is not the real issue. The first question you need to ask yourself is whether or not you believe you need to own gold. If you answer that question in the affirmative,” he goes on to say, “there is no point in delaying your actual purchase, or waiting for a more favorable price which may or may not appear.”
In other words, gold is one of the most secure financial investments available, and if you’re ready to diversity your investment portfolio with the addition of gold, there’s not much point in waiting for prices to fall, which tends to happen during times of economic crisis. There were periods during the height of the 2008 financial crisis, for instance, during which demand for gold was so great that actual shortages occurred.
So yes, now certainly is a good time to buy gold, which, aside from its positive relationship with the US dollar, has been performing well in other currencies for a few months now.
Continue reading Is Now A Good Time To Buy Gold?
Unless you happen to be a fairly economically secure individual—someone, for instance, with a broad range of financial investments—you’re probably not in the habit of staying up to date on the fluctuations in the gold market.
And if you don’t have a few dozen gold bullion bars stashed away in a security vault somewhere, why should you, right?
Well … that’s not necessarily the case. And here’s why: Gold has lately been trading at record highs. And if you’re like most people, you may have more access to potentially valuable gold items than you realize.
Of course, as is the case with the rest of the world’s major commodities markets, the price of gold fluctuates on a daily basis. But since 2010, the price of gold has barely dropped below $1,200 an ounce, which is roughly what it’s trading at right now.
When Gold Is Overpriced, You Might Want to Sell
At the time of this writing, gold’s price per ounce was exactly $1,192.23. At various points over the past two years, the per-ounce rate has risen as high as $1,800. For just one ounce!
Continue reading Is Now A Good Time To Sell Gold?
Gold is a great way to get ahead financially, and it makes a marvelous investment that you can appreciate wherever you are. For a lot of people, owning gold can be one of the most satisfying types of investments, bar none. When you want to get ahead and grow your wealth, gold can be a great way to do so.
The Price of Gold Generally Rises
The biggest problem with a lot of “investments” over the past few years is that their prices have fallen instead of risen. This isn’t so bad when you’re ready to buy them. But when you’re looking to cash out and use some of the money you’ve waited so long for, this can be a serious heart breaker.
The big problem with investments that tend to stay where they are—or worse, go down in value—is that you might actually need that money someday for something important. Your kids need to go to school, and you need to retire some day. It almost seems as if some investments assume you just want them for fun, instead of as a way to grow your wealth.
Continue reading Why You Should Seriously Consider Investing In Gold
It may be tough to admit, but the holiday season can be a stressful time of year.
There are office parties to plan for, and family gatherings at home to cook and clean for.
If your kids have school events to attend during the season, you’ll probably find yourself needing to pick up at least a few extra presents or party supplies.
And if you’re traveling out of town to spend Christmas, Hanukkah, Kwanzaa or New Year’s with family, you’ve either got plane tickets to buy or gas tanks to fill up.
Continue reading How to Make Extra Cash for the Holidays: Tips for Selling Gold and Silver
If you’ve lived in the Bucks County or Montgomery County areas for any length of time, you’re probably familiar with the Best of Bucks readers’ choice contest that’s organized annually by the Bucks County Courier Times. Our local Doylestown newspaper, The Intelligencer, runs its own readers’ choice contest each year as well — it’s known as the Best of Bucks-Mont.
Every autumn, both papers list the community’s favorite businesses, products and services, and this year, Doylestown Gold Exchange & Jewelers came out on top in not one but two different categories. To say that we’re both humbled and incredibly grateful would be a huge understatement.
In The Intelligencer’s Best of Bucks-Mont poll, we were honored as “One of the Best Jewelry Stores” in the two-county region. Which isn’t bad for a shop that’s been in business for less than three years! Some of you may remember we actually won the very same honor in last year’s contest.
But much to our surprise, both papers awarded us the top prize in a brand-new category, Best Gold & Precious Metal Buyers.
Continue reading It’s Official: We’re the Best Gold & Precious Metal Buyers in Bucks County!
In today’s market, it is very difficult to find a gold exchange and jewelers company that actually pays you in cash the money you rightfully deserve. Thankfully, though, if you live in the Bucks County area, we’re here to help. When you visit us at Doylestown Gold Exchange & Jewelers, we will provide you with a one-of-a-kind experience, while buying, selling or trading your valuables.
If you’re wondering who we are here at Doylestown Gold Exchange & Jewelers, we we are a family owned company that offers high quality services. In fact, we are one of the few businesses in this field that has both the experience and expertise to back up their actions. That’s right, when you come into our store you’ll see that we have the knowledge and years of service to handle your needs. In fact, our staff members all have a thorough background in coins. In other words, we specialize specifically in this area. Besides that, we even have a Graduate Gemologist on hand, who can offer wisdom in this field that you cannot find anywhere else. That’s why when you come to us at Doylestown Gold Exchange & Jewelers you’ll end up with a detailed appraisal of either your jewelry or coins that actually accurately matches up with the fair market value of today. Remember, here it is not our mission to make the one sale. Instead, we care more about forming a real relationship with you. It’s important to us that you know that you can count on us. Here, the customer is and will always be our main priority.
Continue reading Getting the Most Out of Buying, Selling & Trading Your Valuables
Doylestown Gold Exchange is more than a jewelry store or precious metal shop. It’s a family owned and operated business with over 20 years of experience in the gem and precious metal industry. Every day customers come into to sell items, gain knowledge, and purchase fine jewelry.
We aim to serve the local Doylestown community, and that’s why we have worked hard to offer a large array of services. We are a one-stop shop for buyers and sellers alike. Whether you’re selling gold, looking to repair a beloved watch or reset a precious stone, our staff is ready to utilize their expertise so customers can leave happy. Continue reading We Do It All at the Doylestown Gold Exchange
Doylestown Gold Exchange & Jewelers will be on the weekly Bucks County radio show, “What’s it Worth?” with Michael Ivankovich on WBCB 1490AM, Friday, August 1, from 9-9:30 am. Greg Glemser, graduate gemologist from Doylestown Gold will be talking with Michael about selling precious metals.
Doylestown Gold Exchange focuses on serving their community with high-quality jewelry services including: buying gold and silver, expert jewelry repair, buying or selling coins, watch batteries, and custom diamond engagement rings. They also offer the option for customers to host their own gold parties from their homes or for an organization fundraiser.
Continue reading Doylestown Gold Exchange to Speak about Precious Metals on Bucks County Radio Show
Our economy is often uncertain and unstable. We’ve seen what were once considered solid assets crumble and devalue in front of our eyes. And yet over the years, we’ve also seen consistent growth and business from individuals looking to learn how to invest in precious metals.
Gold is hitting record levels, and investing in gold has grown in popularity across the globe. Even after the financial crisis in 2008, gold held its value and then some, growing while most other economic investments collapsed.
Unlike stocks or mutual funds, precious metals are tangible and can be stored and managed yourself. We want any customers who are interested in preserving their wealth to come in store and meet with our professionals to learn about their investment options. Whether you want to buy gold or silver to sell in case of an emergency, or invest in gold or silver as a part of a long-term investment portfolio, at Doylestown Gold Exchange we can teach you how to invest in precious metals. Maybe now is the time to start buying gold and silver. Here are some tips to get you familiar with the practice.
Continue reading How to Invest in Gold and Silver
You may think of Doylestown Gold Exchange as just the place to sell your old gold and jewelry ―but we are so much more than that! Entrust us to repair your valuable and treasured jewelry and watches as well.
Expert Watch Repair
Do you find yourself overlooking a beautiful or sentimental watch simply because it has stopped working? Let the experienced watch repairman at Doylestown Gold Exchange & Jewelers put this worthy time-piece back on your wrist where it belongs!
Continue reading Expert Jewelry and Watch Repair at Doylestown Gold Exchange