Record High Gold Prices in India Attracts Investors
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Gold prices in India are at record highs. More investors are entering the gold markets trying to hedge against rising inflation while the traditional gold jewelry markets are on the decline.
In India, gold increased to a record high of about $497 per 10 grams following a global surge. This has triggered purchases from investors looking to protect themselves against rising inflation while scaring traditional consumers away from the markets.
In New Delhi’s jewelry market of Karol Bagh, the shopkeepers are worried about losing their long-time customers whose numbers have dwindled following a prolonged increase in the price of gold.
[Rakesh Saraf, Gold Society of Delhi]:
“There are more investors in the market and they are buying bullion bars and less of jewelry sale is there. Only a compulsive (compulsory) buying is there in the market where there is a marriage in the family and you have to buy.”
India is the world’s largest consumer of gold, and for centuries, gold has held an allure for Indian women.
It also forms an integral part of an Indian wedding where parents of the bride give their daughter gold jewelry as her dowry and a means of financial security.
But the high prices at the moment are worrying some traditional consumers.
[Swati Malhotra, Jewelry Buyer]:
“They are increasing so high I was thinking that when my son will grow up how will I manage his marriage? So I am investing right now for him.”
[Monica Suri, Jewelry Buyer]:
“Right now we are postponing that our budget is not so much that we can buy right now, let us see.”
Gold traditionally benefits from a weak dollar, times of political and economic uncertainty, and periods of rising inflation. Prices have doubled since the lows of 2008.
Duration : 0:1:47
ebay sales week ending 6.30.12.wmv
Here is a video of my recent sales on eBay from yard and garage sale finds. The week started slow and ended with a bang. Two nice sales.
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Duration : 0:0:57
Is this the box with the gold and silver in it? Sure it is! Garage Sale Pickups Video
Visit me on ebay http://stores.ebay.com/Vintagelandenberg
Some of my finds today, lego soccer, 9/11 Ikea Twin Towers Photo, Mar Trains, Twilight books, hot rollers, Garfield mug, US Duffel bag, Italian coin bracelet 925 sterling silver. I only spent $13.00 today and should see $200+ return. Slow day for yard sales, met some nice people and did alot of driving. Just too hot out there for many I guess. Thanks for all the great tips guys and gals!
Duration : 0:4:21
“How To Find Gold at Garage Sales & Estate Sales A Few Tips!! by Glendon Cameron”
Special of the week- http://tiny.cc/yyy8bw GOOD STUFF UNDER THE FOLD!! if you want to get in contact with me , connect with me or learn more about me. All the links are below from my Facebook page to the various social media platforms I use. My videos are all about my life as a full time storage auction buyer and all of the crazy stuff that has happened to me in the storage auction game! I have written 5 books in the resale space. Making Money A-Z with Self Storage Auctions, Pimping Craigslist and the Ultimate Garage Sale
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My first book interview- http://www.sellingbooks.com/glendon-cameron-author-interview/
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Are you looking to get into the storage auction business but have no clue to where to get started? Do you want to earn extra cash, replace or even create income for your family? Written by Glendon Cameron, a serial entrepreneur that made a six figure income for years from selling the contents of storage units bought at auctions. This book will take you step by step on how to make money with storage unit auctions. You will learn how to find the auctions, buy the good stuff and have fun with storage unit auctions * Learn how to make thousands of dollars per month using storage unit auctions. * Where to buy, what to buy and how to move it. * How to use eBay, craigslist to make money and find even more customers. * How to save thousands on your own personal expenses using storage unit auction. * How to get start today with no financial investment Whether you want to make a few extra dollars a month or open up your own store this book will set you down the right path. This is the most comprehensive storage auction book on the market! There are many tools enclosed on how to make it in the business!
storage unit auctions, public storage , gold, silver, storage auction book, storage auction training, storage auction business, storage auction tv shows, storage auction tips, entrepreneur
Duration : 0:14:12
How To Cancel Any Auction
http://www.twitch.tv/nl_Kripp
Game not finished: round 1.
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Duration : 0:1:56
STORAGE UNIT AUCTION FINDS SELLING ON EBAY AND BIG THANKS AND SHOUT OUT!!!
http://www.youtube.com/user/bluegeno Huge thanks to everyone! Came across a couple of finds while sorting thru some cd’s. Dont disregard the small stuff. Always be checking prices and sales in what you have. You never know!!!
About me and my Channel: Like some of you reading this I have been involved in the reselling business in one form or another since early childhood. I like to use the term entrepreneur. One of my first ways to make money as a kid was mowing lawns. I worked very hard one summer to save up for a VCR (when they used to be very expensive!). I have always enjoyed yard sales, garage sales, auctions, etc even as a kid. I used to tag along with my father to auto auctions, estate sales, and the occasional storage unit auction. The older I got the more involved I became at making money for myself. I loved the idea of being self-employed, buying, selling, meeting people, and basically hunting for treasure! Fast forward to today I am primarily involved self storage unit auctions, yard sales, estate sales, making money, selling on ebay, selling on craigslist, and any other way to make an extra income. I say extra income because I do currently have a full time career which pays the “bills”. My true passion however is everything mentioned above. When you are doing something you love then it is never work! I started my channel out of pure entertainment for myself and quickly got hooked into the youtube community. I enjoy making videos and sharing with everyone pages out of my life in the storage auction, picker, reselling, and make money world.
Thank you for all the love and support you have given me thus far!
Chris-
Duration : 0:6:18
Ebay Sales Techniques
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