Austin, TX (PRWEB) June 10, 2012
Money for scrap gold is a popular transaction these rough and tumble days, said today’s AbsoluteWealth.com article. In turbulent financial times, people look for any way to generate extra cash. Gold prices are peaking at skyscraper levels, and exchanging scrap or unwanted gold jewelry is helping people pay the bills. But the article said gold dealing is where the real money is being made, and Absolute Wealth is helping explain how.
The “Gold Profit Formula” is a guide and training course that shows people how to become a scrap gold and silver dealer. It’s the industry’s most comprehensive wholesale buying and selling system, said the article, and provides a proven business model for entering the personal jeweler arena.
Gold rings, silver necklaces, watches, outdated pieces, mismatched items, coins, bullion, and silverware can all produce profitable business. As long as people know the percentages and formulas for figuring out their worth, dealers can make educated offers that the customer will be pleased with. The article said dealers will then turn the gold over to refiners and in some cases earn double what they paid for it.
Once someone finds out how to profit from gold, they catch the bug and can’t stop, said the article. It’s an addictive practice, especially when such huge profits can be made on a daily basis. The article said the amount of money that can be made in a day sends people into shock.
The reasons for the scrap gold craze are multifaceted. Last year gold prices hovered around $2,000 an ounce, an all-time high. They’ve since settled, but are still in the $1,600 range, which according to the article is more than enough to be profitable.
Combine that with economic downturns, and the article said it leads to low level income, unemployment, and penny pinching. People are looking in every nook and cranny of their lives for extra income, and they’re finding it in their jewelry cases.
Absolute Wealth is an expert team of real investors and advisors devoted to identifying winning strategies for exceptional returns. Members subscribe to the Independent Wealth Alliance for professional investment analysis and recommendations on the latest trends and progressions. For more information and subscription instructions, visit AbsoluteWealth.com.
The “Gold Profit Formula” provides audio, video, and written training modules to teach people how to cash in on this trend. The article said it is the best way for people to get money for scrap gold because it’s from Absolute Wealth, the experts in financial information.