The latest AbsoluteWealth.com article said “You can get money from your gold using the innovative full-scale training system.”
Austin, TX (PRWEB) June 09, 2012
The most recent AbsoluteWealth.com article asked, “When you’re looking to get money for your gold, you probably go to a pawn shop or “Cash for Gold” dealer, right?” It then explained that those businesses are cheating people out of almost twice the money they typically end up offering? That’s more than a little upsetting to people who don’t realize it, said the article.The opportunity to turn the tables on those businesses and start a personal one is a real possibility. The article said it’s achievable by learning the techniques shared in “Gold Profit Formula,” Absolute Wealth’s latest training program. The “Gold Profit Formula” shows ordinary people how to become a gold and precious metal dealer and access the extraordinary profits.
The article said that sometimes profits this high instill feelings of deceit and dishonesty, a scam if there ever was one. But in reality, that’s the way the gold world works. Businesses who give only 40 or 50 cents on the dollar for gold are following typical protocol; they’re just trying to benefit their company, said the article. The “Gold Profit Formula” teaches people how to spot the value in jewelry, coins, and even scrap metal. All the while, they’ll be making cash offers that are fair for the customer and still make them money.
Dealers know how to make money with gold by directly selling it to refiners, who send them cash back based on the current price of the metal. Prices constantly change, but as they creep towards an all-time high, the article said sellers are increasingly happy with their transactions. And the dealer will reap the benefits.
But personal jewelers will be competing with big businesses for customers and profits, said the article. That’s why Absolute Wealth is including an additional three-part training course on starting a business. That way, entrepreneurs can initialize their goals, set forth their marketing tactics, and truly begin to establish themselves as a reputable businessperson. Only then will potential customers take them seriously and be willing to bring them their gold, said the article.
Absolute Wealth is an expert team of real investors and advisors devoted to identifying winning strategies for exceptional returns. Members subscribe to the Independent Wealth Alliance for professional investment analysis and recommendations on the latest trends and progressions. For more information and subscription instructions, visit AbsoluteWealth.com.
There are clear economic reasons why gold buying stores, pawn shops, and TV gold dealers can’t compete with personal dealers, said the article. The “Gold Profit Formula” will show how to get money for your gold and start a profitable business in the process.
Paul Norwine
AW Research Publishing, LLC
512-892-3022
Email Information
Debt crisis: Eurozone finance ministers to discuss Spain request for bank bailout - Daily Telegraph
After talks between the euro working group officials at director of Treasury level, the eurogroup of the single currency's 17 finance ministers will hold another conference call before making a statement.
According to reports, the finance ministers will meet around lunchtime today.
The amount will not be discussed, said EU sources who indicated that the final deal is unlikely to be agreed until the June 21 meeting of eurogroup of finance ministers in Luxembourg. Negotiations will focus on the terms and conditions of the aid from the European Financial Stability Facility (EFSF) as Spain resists a full scale EU-IMF bailout programme such as those in Portugal, Ireland or Greece.
However, they will be guided by an International Monetary Fund report published late on Friday saying while Spain's largest banks had enough capital to withstand further deterioration, several banks would need to increase capital buffers by at least €40bn, adding it could be more with restructuring costs and reclassification of loans. The report had been expected on Monday.
Ceyla Pazarbasioglu, Deputy Director of the IMF’s Monetary and Capital Markets Department, said: “Going forward, it will be critical to communicate clearly the strategy for providing a credible backstop for capital shortfalls — a backstop that experience shows it is better to overestimate than underestimate."
Fitch, which cut Spain’s credit rating by three notches on Thursday, estimates the country's banks will need up to €100bn, while JP Morgan said the full requirement could be as much as €350bn.
Vitor Constancio, vice president of the ECB, said: “It is expected that Spain will make a request for assistance, exclusively for bank recapitalisation ... Spanish banks have recapitalisation needs, therefore a solution must be found quickly to calm the markets.”
The euro's existing EFSF bailout fund allows bailouts to be used for banks without a full austerity programme administered by the EU-IMF's troika, dubbed the "men in black" by Spanish ministers.
While Spain, which is regarded by the EU as on track with its economic policies, will escape an unpopular and intrusive troika programme it will not escape having the EU aid added to its national balance sheet, compounding its fiscal problems.
Yesterday, US President Barack Obama demanded European leaders act “right now” in an impatient and forceful message. He said there was “a path out of the crisis” if only leaders would take the “decisive actions” needed.
While official in Madrid, Berlin and Brussels officials played down talk of a rescue plan for Spanish banks this weekend, Mr Obama added credence to the reports.
“The focus must be on strengthening the banks, like we did in 2008,” he said. “EU leaders are in discussions about that and they are going in the right direction.”
Eurozone finance ministers to discuss 100B in Spain bank support - My Fox Boston
Source: The Wall Street Journal
Eurozone finance ministers will discuss a commitment to provide as much as €100 billion ($125 billion) in support for Spain's ailing banking sector Saturday afternoon, an official from a eurozone country said earlier in the day.The official said senior finance ministry officials spent Saturday morning and early afternoon preparing a draft statement that eurozone ministers will discuss in a conference call.
Spain, which is reeling from a real-estate meltdown, has not requested aid for its financial companies yet, the official said, adding that no disbursements are likely to come before the end of the month, when two independent consulting firms have finished their assessment of the country's banking sector.
However, the eurozone agrees that "quick and radical action" targeted at Spain's banking sector is necessary, the official continued.
He said the draft statement mentions €100 billion as the "top figure" of support that Spain could get, but that the exact size, form and time frame of a bailout for the banks was not yet decided.
"That figure is mostly for the markets and doesn't mean that the actual disbursements have to be that much," he added.
Read More: Eurozone finance ministers to discuss €100B in Spain bank support
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