We’re gold buyers. We mostly buy gold, often the scrap kind. But occasionally we’ll tell you that your gold is more valuable as a piece…then we’ll tell you what your options are. We can help you sell it, show you how to sell it if you want to do it yourself, or refer you to [...]
Archive | April, 2012
Expect Gold to Climb in the Next Few Weeks
Channel stuffing, the practice that GM uses to give the appearance of increased sales is a subject which I’ve written about several times. Recent revisions by the GAO indicate that channel stuffing is responsible for 1.2% of the 2.3% anemic growth last quarter… That means the economy is not only NOT recovering, it’s stalling. Buy [...]
Are We a Cash For Gold Store? Well yes…and no.
I’m constantly getting calls where I’m asked if this is the “Cash for Gold” place. And truthfully, it’s not. That’s NOT our name. We are Houston Gold Merchants, of course – and giving cash for gold is what we do, but that’s not WHO we are. That name actually belongs to another business. And because [...]
The Price of Gold
Today is Thursday, April 19th, 2012. The price of gold is 1645 per ounce, up slightly for the day and a gram of pure gold is worth $52.89. If you come in to Houston Gold Merchants, we’ll show you the prices, give you good advice and tell you how to maximize your profits, whether that [...]
Trouble in Europe, Part Deux…or Trois? Tres?
Friend of mine just got back from Europe…he’s married to a woman who’s from Spain and they went back to visit the in-laws. Had a nice trip, but he related a story to me that was pretty interesting. It involved the behavior of his Spanish in-laws. He said it was a bit weird. Apparently, mom [...]
The price of gold today.
Today is April 18, 2012. It’s tax day! And the price of gold today is $1644. If you brought your 14 karat gold in to Houston Gold Merchants today, you’d receive $22.80 per gram.
Sell My Gold
The price of gold right now is 1651.00 per ounce, and if you’re wondering if now is a good time to sell your gold – then read on, because now might just be the best time to wait…European debt is continuing to mount…Spain is the next country to have bond issues…they’re borrowing at record high [...]
We Buy Gold and the Price of Gold is…
Yes we buy gold and today is April 14th, 2012…if you sold your gold today you would receive $25/gram for 14K at Houston Gold Merchants
Jobs Numbers Are Out – And It’s Not Great.
I’m not optimistic by nature. But when the government is involved, I’m more skeptical than ever. The Bureau of Labor Statistics released the new job numbers this morning and only 120,000 jobs were created last month. Not so good. But here’s the great news, the unemployment rate STILL went down. Just like Obama needs it [...]
GM Channel Stuffing…Still Stuffing.
A few weeks ago, I blogged about the “improved economy” that included GM’s channel stuffing, the process by which they force dealers to take cars from the manufacturing plant and accept them as inventory. GM gets to “book” these cars as sold, but in reality, they’re just being transferred from the plant to the dealer’s [...]
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