Karat Chat

Category Archives: Precious Metals

So your small diamonds aren’t worth anything?

It always blows our mind when a company sends in a shipment of overstock jewelry with the largest diamonds taken out but the majority of the other, smaller diamonds are left in.  We make a phone call, to ask if the customer would like us to process their stones. Many times they say “no thanks, […]

Were you too quick to cash out your precious metals last year?

In today’s world convenience is all important. Convenience means quick and easy. The question is how quick is too quick? Are you sacrificing money because you are being too quick with your finances and selling off gold and precious metals at a loss? For example: in precious metals refining, waiting just a couple of days […]

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 […]

Government ban on the export of gold and copper concentrates

Read an article today about “Golden Handcuffs” in the Economist.  Apparently this ban on exporting gold & copper concentrates went into effect back in March. It is a serious stand-off that is certain to affect the supply and demand of gold in the US. https://www.economist.com/news/business/21723427-row-raises-concerns-mining-firms-across-africa-tanzanias-firebrand-leader-takes-its