Watching the metals market move up, down and sideways is like going to the nearest amusement park and seeing all the people screaming as the ride flips, twists and turns. What is funny is that some people are screaming because they have no idea as to what hangs around the next corner and others are laughing because they have no idea of the next twist or turn but cannot wait to see what happens. The metal commodities market is not for people with weak stomachs!

The price of Platinum has really jumped in the last 3-4 days and Gold has followed to a several week high. The mysterious metal, Silver, has not performed in such a dramatic up and down fashion but is still enjoying lofty heights considering Silver was $4.00 per oz. in late November 2000.

Scrap gold continues to come through our doors in waves, nothing one day and then, like today, every other customer in the store had scrap gold and silver to sell. Most people are taking advantage of these record prices to unload some of the “junk” jewelry they have accumulated over the years….herringbone chains, rope chains, one earring, class rings, charms, and add-a-bead necklaces continue to top the list of Must Items to sell for cash.

Please stop by J.Staples Jewelry with your “junk jewelry” and see how much that little handful of gold is worth. Check out our newest website dedicated to the Modern Day Gold Rush….www.louisvillebuygold.com and http://www.webuygoldlouisville.com for up to the minute metal quotes and other info regarding the Gold Rush! 

Dan Staples

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