Monday, June 28, 2010

All Time Highs in Gold Market

Watchers and investors are closely following the rally on the precious metals market, especially Gold. And they should as the upward trend for the past 2 years has made Gold a very good value.

Global investors have been increasingly turning to gold since 2008. Gold traditionally performs well during times of financial distress or in times of US dollar weakness. But this time around the bar has gone up, with all time highs being hit and the level increasing again and again, First it was a high of $1200, then $1225, then $1250 and today $1263.90.

Global investors, led by the US, last year bought a record 228.5 tonnes of gold in the form of bullion coins, up from 77.4 tonnes in 2000, according to GFMS, the London-based precious metals consultancy.That means the demand for gold is increasing rapidly over the supply which we all know is limited.

Will the market hit $1300 this year? Looks possible as we're already at $1263 and it's still June 2010. Let's see where this ride and rally take us. But does it make sense to buy when we are going up, up up? For those whose faith in the Dollar is shaken seem not to care. 

In the meantime, buy now and you will pay high dollars but sell and YOU will get high dollars as payout. What makes more sense?

Wednesday, June 16, 2010

Gold Buyer now open 7 days a week!

Turn It To Cash is pleased to announce we are now open 7 days a week! Our store at 1200 N Arizona Ave, # 4 (1/4 mile north of Ray) is now open for business on Sundays. We will be open and available to serve you from 9:30am till 4:00pm on Saturdays and Sundays.
Hours of operation at the store are 
    9:30am - 5:30pm Monday-Thursday
    9:30am - 12:30pm & 2:00pm - 5:30pm Friday
    9:30am - 4:00pm Saturday - Sunday
    We are closed on all major holidays.

Hours of operation online are 24/7 :)

Hope you will stop by and see us.