HOLD ON TO YOUR GOLD SCRAPS

Throughout history gold has often been used as money and, instead of quoting the gold price, all other commodities were measured in gold. After World War II a gold standard was established following the 1946 Bretton Woods conference, fixing the gold price at $35 per troy ounce.

Since April 2001 the gold price has more than tripled in value against the US dollar, prompting speculation that the long secular bear market (or the Great Commodities Depression) has ended and a bull market has returned[31]. A World Gold Council report released on February 18, 2009 showed physical gold demand rose sharply in the second half of 2008. Identifiable investment demand for gold, which includes ETFs (exchange-traded funds), bars, and coins, was up 64 percent in 2008 over the year before.[32]
In the last century, major economic crises (such as the Great Depression, World War II, the first and second oil crisis) lowered the Dow/Gold ratio, an indicator of how bad a recession is and whether the outlook is deteriorating or improving, to a value well below 4. The ratio fell on February 18, 2009 to below 8. [33] During these difficult times, investors tried to preserve their assets by investing in precious metals, most notably gold and silver.

Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a hedge or safe haven against any economic, political, social, or currency-based crises. These crises include investment market declines, inflation, war, and social unrest. Investors also buy gold during times of a bull market in an attempt to gain financially.

Central banks and the International Monetary Fund play an important role in the gold price. At the end of 2004 central banks and official organizations held 19 percent of all above-ground gold as official gold reserves.[13] The Washington Agreement on Gold (WAG), which dates from September 1999, limits gold sales by its members (Europe, United States, Japan, Australia, Bank for International Settlements and the International Monetary Fund) to less than 400 tonnes a year.[14] European central banks, such as the Bank of England and Swiss National Bank, have been key sellers of gold over this period.[15] Although central banks do not generally announce gold purchases in advance, some, such as Russia, have expressed interest in growing their gold reserves again as of late 2005.[16] In early 2006, China, which only holds 1.3% of its reserves in gold,[17] announced that it was looking for ways to improve the returns on its official reserves. Some bulls hope that this signals that China might reposition more of its holdings into gold in line with other Central Banks.[18]

In March 2008 the gold price reached above $1000[7], reaching an all-time nominal high of $1002.80 which, in real terms was still well below the $850 peak in 1980. It then fell, going as low as $709.50 in November, then resumed its upward trend, temporarily breaking the $1000 barrier again in late February 2009.

Investors generally buy gold for two main reasons: to financially gain from increasing gold prices, and/or as a hedge or safe haven against any economic, political, social or currency-based crises.

Investment in gold can be done directly through bullion or coin ownership, or indirectly through gold exchange-traded funds, certificates, accounts, spread betting, derivatives or shares.

Note;

you see all over the television that you can get money for your gold, why is this ?

Companies are feeding on the financial problems of the country and enticing you with promises of "BIG MONEY" for your gold scraps, and many people needing the money jump at the opportunity with out knowing the price of gold for the day or any other aspect in the procedures for buying and selling gold. "HOLD ON TO YOUR GOLD SCRAPS" and any other gold that you can get your hands on. Start investing your gold, any chance you get to buy gold, buy it. If the Dollar ever looses total value, no matter how much money you have in the bank, invested, or even under your mattress it will all be worthless! As stated above gold has always been and will always be worth something.

Rasheed shabazz

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Keys to success with Network Marketing

If you're going to succeed in network marketing you've got to be very selective about the company or companies you endorse. Here are some guidelines:

1. is the company positioned for consistent long-term growth?
2. does it have a large, growing market?
3. are its products something that people must have (or merely something extraneous)?
4. will people have to reorder the products at regular (say monthly) intervals?
5. are the products being sold conveniently available at lower prices elsewhere?
6. are there lots and lots of competitors, or does the company have a good secure "niche" market?

One thing that astonishes me is just how witlessly so many people approach the business of selecting a company to promote. They seem to act like it doesn't matter which company they select; that all companies are equal, and that all they have to do is throw a dart at a list of what's available to make an admirable selection. Stupid!
Don't even think of making a company selection unless:

1. it's financially stable and secure
2. its leadership is going to stick with the company long-term
3. it features a solid, growing product line
4. it offers an attractive price for its products
5. people really like the products
6. people have to continually reorder the products (no one-time sales, please)
7. the industry isn't plagued by over-competition, thereby cutting prices and profit margins.
One other thing. Don't even think of working a network marketing "opportunity" unless the company offers:

1. prospect leads. You're going to run out of your own leads. The company you support needs to be sufficiently bright and well organized to assist you to get the prospect leads you need.
2. easy, duplicatable system. Is it easy to get people to sign up into your "opportunity," or is it endless drudgery? Make sure you know, because either way you're sure to find out!
3. ongoing marketing tips and help.

A good MLM company understands that you're no marketing expert. Thus, they go out of their way to provide ongoing marketing assistance, including all kinds of technical assistance designed to recruit and maintain a profitable downline organization. Make sure the executives at your "opportunity" know this and act accordingly.

Rasheed Shabazz