Now that we have grown another decade older and ridden the roller coaster of the past ten years, it is time to take a look at the state of the gold market today. As most of us know the precious metals market has grown tremendously in recent times and for several years. Gold has hit an all time high of 1227.00 an ounce in December and has now slacked off some. As I see the market today, I am taking a very guarded look at what is driving the price . Gold is traded with US. dollars and as the dollar moves up and down the scale gold moves along with it. The housing and jobs market along with general negativism and the recession have caused the dollar to drop in value around the globe, causing the metals market to jump in value and remain above the 1000.00 mark for gold. If you look around the web and read some of the other reports that claim to be able to forecast that gold is going to 3 or even 4 thousand dollars an ounce, I for one do not believe the pundits. I have always taken a cautious view due to the volatility of the market place.  The pundits are claiming that if gold had kept up with inflation it would now be at these very high prices, or some claim that the world monetary system is going to fail and gold will be the only real money. Indeed the recovery in the US is going to long and hard, but if we look at other parts  of the world we can see China roaring along and India not far behind. These two countries are the largest gold buyers in the world and for the first time they both have an emerging middle class clamoring for all of the trappings that surrounds that lifestyle, including gold. Gold has gotten to the point where some stores cannot afford to carry it and still be able to offer it at an affordable price for the average consumer. My felling is that gold may well keep on climbing possibly to the 1500.00 dollar mark sometime this year or early next year, but not much higher unless the US economy falters and falls back to 2009 levels or lower. But now as always if you feel that the time is right for you to sell the gold that you have I urge to do so even if the pundits are right and I am wrong or possibly our recovery will be quicker which of course will have a negative effect on price.

It is now almost the middle of September and the holidays are quickly approaching. Gold has recently seen record prices exceeding 1000.00 an ounce. To gather that extra holiday income, Now is the time to sell your unwanted, broken or unused Gold and Silver. Top prices are being paid with no minimum size shipment, assay or other hidden fees. Coastal Gold always pays top prices no matter the size of the shipment. Remember to ship soon to reap the extra holiday benefits.

Even as we speak Gold once again is on track to break  1000.00 an ounce. The resons for this are currently unclear, but it is taking a high flyer. It closed today at 998.00 has since backed off a little but I foresee it breaking the magic number and rising a bit more before it is all over. Oil is currently falling along with other commodities and the dollar is somewhat stable. The felling in the market place is the movers are nervous about conditions and may be hedging their bets with more Gold. We will have to wait and see, but for the time being it is time to Sell.

I have never met a Woman who likes to wear jewelry that does not have a stash of old or broken pieces hidden away.  Where is yours ? In a box, pouch, bag or somewhere else. It is now time to go dig it out. With Gold prices at an all time high it is time to strike while the iron is blazing. You know who you are, the question is what have you got hidden away? Is it a loose earring, broken pieces, twisted herringbones, out of date pieces, old class ring or anything else that is no longer worn. Now is the time to send it off and recieve a wonderful return on these old no longer worn pieces.

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