215.345.6630

Tag Archives: precious metal investment

How Will Brexit Affect Gold Investments in PA?

Will Brexit affect gold investments in PA?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?

Why You Should Consider Precious Metal Investments

silver and gold investment PADoylestown 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

What to Expect From a Precious Metal Investment Consultation

 

precious metal investment consultation
Photo by Rick Kintzel

When people come to buy gold at the Doylestown Gold Exchange, owner Greg Glemser offers them a history lesson.

Until 1964, quarters had silver in them. Fifty years ago, a quarter would have been worth, well, a quarter of a paper dollar.

But because of the silver in the coins, quarters from that era have grown in value. A dollar will buy you half a gallon of gas these days. The money from a silver quarter will fetch you nearly twice that amount.

Still, Glemser cautions people who visit him for a precious metal investment consultation that they shouldn’t buy gold or silver with the expectation that they’ll make money.

Continue reading What to Expect From a Precious Metal Investment Consultation