Buy Silver in America – A Good Idea?

If you are thinking about buying gold, it makes sense to consider all of the available options. Though there is some risk in buying from an offshore provider, you can save some money buying precious metals overseas. Even if the deal goes awry, you will have some remedies at your disposal to retrieve your money or obtain the gold/silver promised. When in doubt, your best option is to stick with a known and trusted provider right here in New Zealand. MyGold products are sold with a full guarantee: your gold is guaranteed to be delivered at the price agreed upon in a reasonable amount of time. Furthermore, MyGold pieces are guaranteed to be brand new and uncirculated. Does It Make Sense to buy Silver in America? If you are insistent on getting the lowest possible price for silver and/or gold, you should consider buying these precious metals from American merchants. The New Zealand dollar recently fell about 2% to $0.6613 US dollars, its lowest level since the spring of 2016. The fall is the result of the Reserve Bank of New Zealand deciding to maintain interest rates at lows across at least the next two years. The decision came in response to an unexpected drop in economic activity. The decline of the New Zealand dollar means it might make sense for some precious metals buyers to consider overseas options. The US dollar is increasing as investors across the globe insist it will continue to gain favour over other currencies amidst the brewing trade war. Though you might be able...

One of many reasons to Buy Gold

New Zealand investors are on edge following the dollar’s significant decline. The New Zealand dollar recently dropped to a two-year low against the greenback. This is terrible news for those holding significant amounts of cash yet it is a fantastic development for those who own gold or looking to buy gold. If the dollar continues to slide, investors far and wide will pour even more money into gold and other precious metals. Details About the Dollar’s Tumble New Zealand’s dollar decreased 1.2% against trading partners. Interest rate swaps also decreased following the Kiwi central bank’s statement that rates would remain at record lows upwards of a full year beyond initially indicated. The dollar’s decline represents its lowest point since the spring of 2016. However, the dollar’s fall is not all bad news; those holding or looking to buy gold will benefit as confidence in currencies continues to decline. Seize the Opportunity to Buy Gold It is time to start thinking of gold as a form of protection or insurance against the seemingly inevitable devaluation of New Zealand’s currency as well as other currencies. There is no sense owning currencies en masse when a trade war looms and geopolitical tensions rise. Investors dump their money in gold and other precious metals during such periods of economic chaos. Though gold spiked following the New Zealand dollar’s slide, there is still plenty of time to ride this train. Donald Trump and other “strong men” around the world seem...

Gold Refiners

The gold you purchase from MyGold does not look exactly like the precious metal in its raw form when initially found. Gold passes through a refining process as it is prepared for sale on the open market. Though most people are aware gold is refined, the average person does not understand what this process entails. Let’s take a look at exactly what happens to gold during the refining process. The Gold Refining Process A number of different techniques are available for gold refining. If you were to visit gold mines throughout the world, you would find their ore processing techniques are unique yet still have some overarching similarities. Some gold mines use highly idiosyncratic techniques to create alloys made of gold as well as silver, commonly referred to as dore. In general, the gold refining process is that which extracts and removes precious metals from mined material. This extraction and separation process is performed with the mined materials, recycled products and dore. The aim is to remove as many precious metals as possible. Refining techniques range from cupellation to the Miller process, the Wohlwill electrolytic process, fizzer cell, inquartartation and parting, the pyrometallurgical process and beyond. Each refining technique removes base metals in its own unique way. The Most Common Gold Refining Methods The Wohlwill process and Miller process are the most popular gold refining methods for extracting pure gold. The Miller process makes use of gaseous...

What is Blockchain?

Blockchain is all the rage these days yet few people understand what it actually is. There is no shame in not understanding the nuances of this emerging technology. The blockchain is poised to change digital security as we know it. This is part of the reason why MyGold buys and sells the blockchain-based Bitcoin. An Explanation of Blockchain Plenty of people have attempted to obtain an understanding of blockchain technology only to be inundated with technical jargon that leaves them even more confused. To put it simply, blockchain makes it possible for digital information to be transmitted without being copied. Some are going as far as claiming blockchain technology is the structural foundation for an emerging form of the internet. It is clear the blockchain will remain regardless of the fate of Bitcoin and other cryptocurrencies. The fact that Bitcoin is backed by the blockchain should bolster the confidence of all Bitcoin owners as well as prospective buyers. The Value of the Blockchain Financial analysts who study and report on the success of Bitcoin primarily point to the cryptocurrency’s Blockchain technology for its stratospheric rise in value. Yet the blockchain’s value extends beyond securing Bitcoin transactions. The blockchain produces all sorts of other digital value as it serves as a universally applicable electronic ledger of transactions that cannot be breached by outsiders. If you had the ability to travel through time a decade or so into the...

Best Place to Buy Gold In New Zealand

New Zealand gold-seekers need not look any further than MyGold for the best precious metals around. MyGold is the family owned precious metals seller revered by Kiwis far and wide. Our business is beloved throughout Auckland as we source the best gold and silver, provide fair prices and treat customers with the utmost respect. MyGold has the Precious Metals You Desire MyGold is proud to provide diverse gold and silver bullion. We are trusted by everyday precious metals buyers as well as institutional investors. Whether you are in search of a single piece or several to add to your portfolio or collection, we have got you covered. Even if you were to shop around, you would find our rates are better if not comparable to the rest. You can save yourself plenty of time by making a bee-line for MyGold. All we ask is that you call ahead to schedule an appointment. We have a diverse array of gold and silver bullion to suit your unique budget and tastes. Simply tell us what you are looking for and we will find it. You can do Business with MyGold in Full Confidence We go to great lengths to please our customers. Our mission is to provide you with the gold or silver you desire at the lowest price while making you feel completely comfortable. You will not feel even the slightest bit of stress while visiting us in-person or speaking with us on the phone. Take your time, think over the transaction and make a decision when you feel comfortable. Take a look at our online reviews and you...

How to Buy Gold with Bitcoin

It is now possible to buy gold and silver with bitcoin. There is no need to use fiat currency when you buy your gold or silver from MyGold. Simply pay with your bitcoin and you will be on your way with your gold or silver. It really is that easy. There is no need to carry any cards or currency. You simply use bitcoin from your smartphone to pay for your gold or silver from MyGold and the transaction is complete. This is the dependable, safe and fast means of purchasing precious metals you have long hoped for. You pay directly through your bitcoin wallet so your order is completed in mere seconds. It does not get any easier than that. Bitcoin Background Bitcoin is convenient as it serves as a digital currency you can store in a digital e-wallet directly on your phone or other web-connected device. This form of cryptocurrency can now be used to purchase gold and silver through MyGold. Bitcoin functions on a public ledger referred to as a blockchain. The blockchain stores a decentralized record of transactions that are updated by network users. New bitcoins are made through digital mining. It is extremely easy to buy bitcoins online. A limited number of bitcoins can be made to ensure there is an inherent value. Each bitcoin is tracked on a digital log that records all transactions. This is the secure and flexible alternative form of payment and investment you have been looking for. Use bitcoin to buy gold and silver and you will maximize its utility while simultaneously...

How to Buy Platinum in New Zealand?

Do not be fooled by the name. MyGold sells much more than gold. We are proud to provide Kiwis with the highest quality platinum in all of New Zealand. Platinum is quickly gaining favour amongst precious metals collectors and investors. Though gold and silver have been and likely always will be desired by the masses, platinum is becoming more coveted with each passing day. A Platinum Merchant Worthy of Your Trust If you are hesitant to invest your hard-earned money in precious metals like platinum, do not assume the purchasing process is overly-complicated or laden with traps. MyGold goes to great lengths to ensure the exact opposite occurs. We make the platinum purchasing process simple, quick and easy. Our business is conveniently located in gorgeous Auckland, New Zealand. If you cannot make it to our brick-and-mortar headquarters, you can still purchase platinum and other precious metals through our website. Do business with MyGold and you will support a family owned company that reinvests every dollar you spend right back into the local community. This is your chance to invest in a precious metal that appreciates in value as time progresses. The best part is you can trust our team to keep your best interest in mind every step of the way. Our aim is to secure your business across posterity rather than a one-time purchase. Buy platinum and other precious metals from MyGold and you will almost certainly be pleased to the point that you recommend our group to friends,...

How to Buy Silver in New Zealand?

Buying silver in New Zealand is easier than most assume. MyGold has gone to great lengths to facilitate the silver buying process to provide you with the perfect new silver for your portfolio. Here is a quick look at our silver buying process. MyGold Makes Silver Buying Quick, Easy and Rewarding Our silver buying process is as simple as it gets. All you have to do is let us know what you are looking for and we will email you a purchase order. Send payment and you can pick up your silver from our Auckland office in person. Alternatively, we can ship your silver right to your doorstep so you do not have to invest your time or money on traveling to our office. If you are concerned about the safety or efficiency of this process, do not fret! We will fully insure your shipment regardless of where you are located in New Zealand. It is important to note those who are insistent on locking in the current price must submit full payment on that day. Delay one or several days and the price of silver will change. You can do Business with MyGold Without Worry About Legitimacy Buy silver from MyGold and you will rest easy knowing your information, silver and money are handled with the utmost care. Your information is kept completely confidential throughout the silver buying process. Discretion is fully assured. If you elect to have your silver sent to your door, it will be traced and insured from the moment it departs our Auckland office to the moment it is delivered to your residence. It...

How to Buy Gold in New Zealand?

MyGold makes gold buying in New Zealand easy, fast and lucrative. Our Auckland-based business is completely independent in all facets. We do not answer to a corporate entity of any sort. Buy gold from MyGold and you will do your part to support a family-owned business that keeps your money in the local community. More importantly, you will invest in top-quality gold that boosts your personal wealth. MyGold Background MyGold makes and sources gold for New Zealanders. We provide a wide array of gold products for your selection. Institutional buyers and everyday people trust our precious metals experts for their gold purchases. MyGold provides highly competitive rates to suit budgets of all different sizes. Gold has been and likely always will be coveted for its utility. Just as important is the fact that gold represents a hedge against stock market and economic downturns. We are proud to provide New Zealanders with gold products of varying types. Meet with our team and you will find we are the antithesis of the stuffy corporate precious metals dealers. We are cordial, respectful and more than willing to answer your questions. Our mission is to make the gold buying process as easy as possible, set you up with the perfect gold and ultimately increase your personal wealth. Why New Zealand Residents Select MyGold MyGold’s products have a Metal Purity Guarantee so you do not have to question the legitimacy of your purchase. We keep our store overhead to a minimum, so your...

What is the Different Between Cryptocurrencies?

Bitcoin is by far the most popular cryptocurrency yet there is growing interest in other alternative currencies. Ethereum, Litecoin and Ripple are a couple examples of cryptocurrencies on the rise. If you are a bit confused as to what the difference is between cryptocurrencies, you are not alone. Most people are unsure as to what distinguishes Bitcoin from Ethereum, Ethereum from Litecoin and so on. Our precious metals and cryptocurrency experts are here to clarify the differences to help you understand each of these unique cryptocurrencies and make a prudent investment. Bitcoin Bitcoin has been around for nearly an entire decade yet it did not reach a mainstream tipping point until a few years ago. With a market cap in excess of $275 million, Bitcoin has emerged as the premier cryptocurrency. Bitcoin was originally invented as a peer-to-peer form of electronic cash that permits online payments to be transmitted from one person to the next without the oversight, fees and regulation of a financial institution. Bitcoin operates on the blockchain, an impenetrable digital ledger that lists activity that cannot be accessed by others. Bitcoin is completely decentralized, meaning it is not dependent on the government or central banks. Rather, “miners” keep Bitcoin going with powerful computers that work in unison to verify the legitimacy of transactions and produce additional Bitcoins. Ethereum Ethereum is the blockchain company that has formed the digital token known as ether....
TESTIMONIAL
“I initially telephoned MyGold and I was welcomed by a cheerful, helpful and understanding voice. I was directed to the website to pursue various types of bullion. The site was easy to use, clear and informative.  Once we had decided how much bullion to purchase, we were talked t...”
Natasha
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