Before opening Doylestown Gold Exchange in 2011, you started to see the landscape of what a traditional jeweler was begin to change as the economy hit a down ward turn and effected the buying habits of its’ customers. There were always local competitors, it was generally a family business serving a large, primarily wealthy multi-generational customer base that routinely purchased luxury jewelry. Then, the 2008 financial crisis hit, and a seismic shift in buying habits occurred. While some people continued purchasing new pieces, others were looking to liquidate their precious metal assets like gold, silver, diamonds, and coins. However, many jewelry stores didn’t buy these items and stuck to their traditional model, so their customers were forced to sell them elsewhere. That’s when we knew a new kind of jewelry store had to emerge.
Continue reading Doylestown Gold Exchange: A New Kind of Jewelry Store
Gold and silver have been relatively solid investments for centuries. But like any investment, it pays to go in with a clear picture of what you’re getting into before you buy and sell gold or silver.
We’ve been buying and selling gold for more than two decades now and get all sorts of questions about precious metal investment. Among the most common: Is gold a better investment than silver?
Finding an answer to that question depends on weighing a few different factors:
Continue reading Should I Invest in Gold or Silver?
In a world where money is often just numbers on a computer screen, gold coins offer something tangible.
It’s a way to diversify your portfolio and gain an extra bit of financial security. Among the advantages of investing in gold coins:
- Gold rises when other investments go down, helping to stabilize your portfolio.
- It protects you against inflation.
- You don’t need to pay capital gains taxes on it until it’s time to sell.
If you’re considering investing in gold coins, here are some tips to follow:
Continue reading 7 Tips For Investing in Gold Coins
Voters in the United Kingdom made history June 23 by voting to leave the European Union.
The “Brexit” referendum – as it’s come to be known – could have major implications for the economy in both Great Britain and around the world.
The days following the vote have already seen an equity sell-off that erased $3 trillion in stock market value, considered the worst two-day paper loss in history. Some experts worry the vote will lead to even greater calamity, using words like “stagflation” and “recession.”
So how will Brexit affect gold investments in PA? It depends on who you ask.
Continue reading How Will Brexit Affect Gold Investments in PA?
Doylestown Gold Exchange owner Greg Glemser can remember a time when investing in precious metals just wasn’t something people did.
“You used to seem a little crazy to put your money into silver or gold,” he says.
Now, it’s a way to diversify your portfolio, and one of the key pieces of Doylestown Gold Exchange’s business.
And these days, more and more people are looking to invest in gold and silver. The price of both metals has gone up significantly in recent weeks. Gold has gone from $1000 an ounce to more than $1200 an ounce, while silver’s price has jumped from $13 an ounce to $17 an ounce.
Continue reading Why You Should Consider Precious Metal Investments
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
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
Well the answer is….it depends! Today’s market has many factors that affect the popular gold products available to modern investors. Many people are confused these days and as a result, apprehensive about diverging their investment portfolio with gold. Let’s quickly run through the three main ways you can invest.
First, you have the easiest and most straight forward way. Come down to Doylestown Gold Exchange & Jewelers, buy some gold coins or ingots, and take them home. Simple enough. This is the most common option for the small investor. It is private, secure, and convenient. We give full consultations to anyone who is interested in starting to purchase physical gold and silver.
Continue reading What is the Real Price of Gold?