Have you ever seen the gold commercials that want to buy your gold from you. They send you envelopes to put your: gold teeth,chains and bracelets into and give you money for them. I know your thinking this must be a scam but surprisingly it's not a scam. These commercials are not preying on your jewelry they are preying on your ignorance of what hard assets truly are. What is a hard asset? A hard assset is basically a tangible asset like land, machinery,gold ,silver etc. Hard assets are things you can feel live in, or do work with but in the language of investing it usually implies gold and other precious metals. After our little lesson maybe you can begin to understand what these guys on the commercials want with your gold. Now that doesn't mean that you can trade your gold chains on the financial markets,maybe in the pawn shop but not on wall street. To understand how they work you must first know how precious metals[gold,silver etc] are traded on the financial markets let me sum it up as brief as i can.If you trade gold on the glob Ial market it is accepted if it is minted by a national gov't ie USA,Canada,China etc,or by the company who mined it. Gold and silver come in 5000,1000 and 100 ounce bars and 1 ounce coins not in gold rope chains and bracelets.
When you send them your gold they take it to the U.S Treasury who then melts it down and mints it with the treasury stamp. It can now be traded globally and gets its true value. For example if you send them a 10 ounce 14 karat[.99 pure]gold chain they will send you let's say $1500 dollars sound like alot huh. They now mint that gold chain at the U.S treasury into 10 gold double eagle U.S gold coins 1 troy ounce a piece. On the global market gold is worth over $700 dollars an ounce. That gold chain that they paid you $1500 dollars for is now worth $700 x 10 ounces=$7000 on the global market, that's almost 400% return on their money. That's why you keep seeing those commercials begging you for your gold and all the pawn shops in the hood with the big WE BUY GOLD signs on the front. 
Gold is the money of kings,silver is the money of the people. Dollars are the money of the economically illiterate after all it's only paper. Want to know what real money is click some of the links and videos. Remember the Golden rule people he who has the Gold will rule[literally lol].
When you send them your gold they take it to the U.S Treasury who then melts it down and mints it with the treasury stamp. It can now be traded globally and gets its true value. For example if you send them a 10 ounce 14 karat[.99 pure]gold chain they will send you let's say $1500 dollars sound like alot huh. They now mint that gold chain at the U.S treasury into 10 gold double eagle U.S gold coins 1 troy ounce a piece. On the global market gold is worth over $700 dollars an ounce. That gold chain that they paid you $1500 dollars for is now worth $700 x 10 ounces=$7000 on the global market, that's almost 400% return on their money. That's why you keep seeing those commercials begging you for your gold and all the pawn shops in the hood with the big WE BUY GOLD signs on the front. Gold is the money of kings,silver is the money of the people. Dollars are the money of the economically illiterate after all it's only paper. Want to know what real money is click some of the links and videos. Remember the Golden rule people he who has the Gold will rule[literally lol]. 
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