Entrepreneurs have tried to learn how to start a scrap gold business ever since the price hit sky-high levels. Never has the value of broken earrings, unwanted chain necklaces, or even the dust under a jeweler’s workbench been so overwhelmingly great.
The experts at Absolute Wealth, along with one of the most experienced men to come out of the jeweler business, have released an advanced gold dealing guide. It will help anyone learn the secrets behind a successful jeweler business. The “Gold Profit Formula” training program delivers expert advice for getting into the personal gold buying trade.
And as a bonus, those who access the “Gold Profit Formula” program will also obtain a three-part training system for starting a self-owned business. They include start-up funds, marketing skills, and planning a business launch. More expert tips from Absolute Wealth are always going to give an advantage.
People are finding out how to profit from gold using smart business techniques and savvy customer-relation methods. Only then can individual gold dealers outperform the “Cash for Gold” stores and pawn shops of the world. As unlikely as that might seem, today’s environment makes it completely possible.
That’s because it’s an environment of extremely high gold prices. Even after a recent downturn, gold currently sits at over $1,600 per ounce. While that doesn’t mean thousands of dollars can be made off a few gold rings, it does mean that people are happy to sell dealers their gold for good prices.
In turn, the dealers are flipping that gold to refiners for much more than they paid. That’s just simple mathematics at work. Income is waiting to be made in the money for scrap gold business, and “Gold Profit Formula” proves it.
Scrap gold has been a popular trade in the United States as well as China, due in great part to their struggling economies. More recently, Italy has joined the trend. Reuters reported that “Italy, Europe’s biggest maker of gold jewellery, is set to be a leading global supplier of recycled bullion in the next few years as economic crisis and high metal prices push Italians to sell their family jewels.”
The article went on to say that “Italy emerged in 2011 as the world’s third-largest source of gold scrap, with 116.5 tonnes of recycled gold, behind the US and China.”
The writer added that, to cope with a weakening currency system, Italy “is expected to supply a similar amount of gold scrap [this year] as its economy plunges deeper into recession.”
Recession, economic struggle, weakened currency system… Sounds a little too close to home, doesn’t it? While Americans look for profitable opportunities in every jewelry box and bedroom drawer, scrap gold dealers are reaping the benefits. Find out how to start a scrap gold business with the “Gold Profit Formula” from Absolute Wealth. Learn more here.