Karat Chat

Category Archives: Buying & Selling Gold

Is Gold Forever Tarnished?

The Federal Trade Commission (FTC) has recently made some major changes to the FTC Jewelry Guides, lowering its standards about what may be sold as “gold jewelry”. Federal law generally prevents marketers from making unfair and deceptive claims about their products. The FTC guides provide instructions to the jewelry industry about what will and will […]

Preparing for the Holidays in the Age of the Robots

With trick-or-treating still on the horizon, it is hard to believe that online retailers like Amazon are already starting to prepare for December’s holiday rush. As witches, vampires, and candied apples are filling the shelves of America’s convenience stores, legions of robots have invaded its warehouses and e-commerce fulfillment centers, the Wall Street Journal reports . […]

The most common mistake people make when buying or selling precious metals and coins, and how it can cost you.

At least once a week at the refinery we come across someone who is unfamiliar with weighing gold or silver. We explain weights to them, and they understand, but there are unscrupulous people out there who do not explain and take full advantage of the confusion.

Weaker Dollar = Corporate Profits Rising = Bullish for GOLD

The Wall Street Journal printed a piece this morning recapping how the S&P 500 rose 14% in the first three months of the year with the second quarter earnings on pace to climb roughly 9%.   In the precious metals industry typically the declining dollar means bullish for GOLD.  In this morning’s piece various corporations comment […]

Disheartening news in our industry

Precious metals refiners are always fighting a bad reputation.  At Pease & Curren we try hard to do the right thing.  We do not accept gold from anyone except legitimate businesses.  We question gold bars and often times do not take them because we are not sure of their origin.  It is disheartening to hear when […]