Email Inquiry MyGoldParty Homepage

My Gold Party - Blog

Going for Gold, Idol-Style

January 28, 2011 by: January Thomas

America’s next shining star will be determined by American Idol viewers and a trio of

judges — some old, some new. This season, there’s veteran Randy Jackson, joined by Golden

Girl Jennifer Lopez and Rock ‘N Roll Veteran, Steven Tyler. Will the judges be a little less

harsh, now that Simon Cowell is on Oprah’s OWN channel in “Master Class?” Tune in and find out. Visit People.com

or check out facebook.com/peoplemag.

American Idol

Golden Grill: Adventures in Dentures

September 27, 2010 by: January Thomas

One of the best parts of being a rep for My Gold Party is seeing the unique items guests bring in for cash.

I once had the privilege of purchasing the dentures of the first black school superintendent in the state of Michigan, or so I was told.

An older woman attended one of my parties and was selling a pair of really old gold teeth. They were willed down to her, and she was willing them to her granddaughter. Instead of leaving her granddaughter the dentures, she decided to attend this gold party and see what she could get for them. They yielded her between $750-$850!

Those dentures ended up helping her granddaughter through medical school, which no doubt would have made her ancestor proud.

Gold as currency, gold as cash

July 28, 2010 by: January Thomas

The appeal of gold is obvious. Its bright yellow color and shiny luster have been considered dazzling since the dawn of civilization. It’s also the most malleable and ductile pure metal known to man and doesn’t oxidize in air or water.

Gold has served as a symbol of wealth throughout history. As such, many countries have tied their currency to a “gold standard,” meaning all its currency is backed by reserves of pure gold bricks.

However, the amount of gold in the world is finite and production has not grown in relation to the world’s economies. Most countries, including the U.S., have gone off the gold standard, because there just isn’t enough of it to back all our currency.

All these factors have created the perfect storm for those wanting to sell their gold. The price of gold has nearly doubled just in the last five years. So, now is the time to get rid of any gold jewelry that you don’t either wear or want to keep for sentimental value.

The good news is that it’s easy and fun to sell your gold and platinum jewelry. My Gold Party has local reps ready to help you throw your own home gold party. You supply the guests and the old gold jewelry, and you’ll all go home a little richer. Just for selling the gold jewelry you’re never going to wear again anyway!

Just go to MyGoldParty.com to learn more about how to host your own gold party or become a My Gold Party rep.

Get your ex-boyfriend to pay for your next vacation!

July 26, 2010 by: January Thomas

You may think I’m kidding when I say that your ex-boyfriend can make you enough money to go away for the weekend. But I’m not kidding.

Just look in your jewelry box. You’ve probably got a gold necklace, a couple bracelets, a ring, maybe a few pairs of earrings that your ex (you know, the one who wore white socks with sandals?) gave you. And the one thing they all have in common is that you never, ever wear them. Maybe it’s because you don’t want to be reminded of him, or maybe your new boyfriend or husband wouldn’t want you wearing jewelry you got from another man. Or maybe the stuff is just plain ugly. You might even have a piece that you didn’t even like when he gave it to you, but you wore it anyway, just to be nice.

Well, here’s the amazing part. The other thing all those gold items in your jewelry box have in common is that you can sell them for cold hard cash. And you can do it with the support and company of all your friends.

Rather than sending your gold into some as-seen-on-TV company that you know nothing about, why not throw a “gold party” with people you know? It’s just like other jewelry parties that you’ve been to, except instead of shelling out cash for new jewelry, you get to leave with a check for getting rid of the old.

Your local rep from My Gold Party can help you with everything. All you need to do is get some friends, family and co-workers together and tell them to bring all their unwanted gold and platinum jewelry items. You can share funny stories about the ex (or exes) who gave them to you as you talk, laugh, mingle – and earn real money!

Just go to MyGoldParty.com to learn more about how to host your own gold party.

How to Sell My Gold

June 7, 2010 by: January Thomas

There are 2 easy ways to sell your gold with My Gold Party.

1.  Host a Gold Party. Everybody loves a party – especially one where you can LEAVE with money instead of having to spend it! Gold home parties are a convenient (and profitable) way to get together with your friends. Click here to find a My Gold Party representative in your area.

2. Mail your gold direct to My Gold Party. Click here to request your free scrap box.  Fill out the form on the website and a pre-paid box will be sent to you along with complete instructions on how to send in your gold for cash.

We offer 100% satisfaction guaranteed and are a member in good standing with the Better Business Bureau. Visit our website today for more information about our growing company!

888-44-MYGOLD
info@mygoldparty.com

Gold Vending Machine

May 24, 2010 by: January Thomas

Do you believe your eyes?? YES! It is a gold vending machine! Read below on where you can find a gold vending machine.

ABU DHABI (AFP) – There’s no mistaking what’s in this vending machine. The well-heeled in the Gulf can now grab “gold to go” from a hotel lobby in the United Arab Emirates, when the need for a quick ingot strikes.

On Thursday, a day after its inauguration, the shiny machine attracted spectators of many different nationalities who gathered to watch whenever an enthusiast was struck with the urge to splurge on a bar of the precious metal.

Abu Dhabi’s Emirates Palace Hotel became the first place outside Germany to install “gold to go, the world’s first gold vending machine,” said a statement from Ex Oriente Lux AG, the German company behind the vending machine.

“In addition to one-gram, five-gram and 10-gram bars of gold, the machine also dispenses gold coins,” it added.

Gold rates are constantly updated inside the shiny machine — itself gold-plated — in the hotel’s lobby, courtesy of a built-in computer connected to a dealer which sells gold online.

“This eliminates the risk premiums usually associated with precious metal trading,” the German company said.

Hotel general manager Hans Olbertz said they wanted the hotel to be the first in the world to offer guests what he called “this golden service.”

The Emirates Palace is often used by visiting foreign dignitaries, and its top floor is reserved for the rulers of the UAE federation’s seven emirates, each of whom has his own suite.

Source: http://news.yahoo.com/s/afp/20100513/od_afp/uaegoldoffbeat_20100513120103

Gold Jewelry: Real or Fake?

May 21, 2010 by: January Thomas

People always seem to have a few pieces of jewelry that they aren’t sure if the piece is real gold or not. Here is a quick test to help you determine if your jewelry is real gold or costume jewelry.

Take a magnet and run it over the piece of jewelry. If the piece clings to the magnet, the piece is not real gold. Sometimes it helps to have a heavier magnet for larger pieces of jewelry.

Please know that there will be some pieces that will not cling to the magnet and those may still be fake or “costume jewelry.”

If you would like to have a My Gold Party Representative evaluate your jewelry or to host a gold party, please click here to find a rep in your area. For more information on how to sell gold please click here.

Book your gold home party now!

May 19, 2010 by: January Thomas

When gold prices turn skyward, like they did for the past two weeks before some recent flattening, some mix of greed, fear and uncertainty are likely ruling the market. What better time to remember what really drives prices over the long-term: market fundamentals. Through that lens, gold might not be such a hot investment.

The gold market works much like any other, with supply and demand eventually equalizing, and runaway prices returning to long-term averages. Since 1980, the price of gold has averaged about $440 an ounce in U.S. dollars. But much like U.S. home prices over this decade, it can take some time for prices to return to normal.

Barclays Wealth in London predicts gold will fall to a fair value of $800 an ounce by 2012, as investors eventually dump it for riskier trades; Societe Generale, the French bank, in April 2009 predicted $800 gold by the end of 2010, though it has reversed its stance since then. Analyst John Nadler of gold deal Kitco predicts gold will fall to $900 in 2011. (See editor’s note below.)

Their reasoning is simple: investors are keeping prices high even as demand from non-investors is cratering.

Take gold jewelry, which accounts for more than half of the world’s gold market. Demand there fell 8% in the fourth quarter of 2009 and is likely to continue to fall amid high prices that turn off shoppers. For example, in India, the largest gold buying country, high gold prices this week kept Indians from purchasing metal for the gold-buying festival of Akshaya Tritiya, which in turn drove down prices.

Then there’s price pressure from the supply side. Higher gold prices mean miners work overtime. The supply of mine gold around the world jumped 7% last year to 2,572 tons-the second largest increase in history.

Gold bullion dealer Kitco says places like China and Russia will help boost the amount of gold from mining by 4% to 6% a year through 2014. Because it costs miners about $480 on average to extract an ounce of gold, they plow ahead when prices are high, eventually leading to an oversupply situation.

Gold as $1,200 also brings out the sellers and resellers. In 2009, scrap supply-all those gold pendants, necklaces and coins people have lying around-hit an all-time high of 1,700 tons. All those “we buy gold” signs, Internet advertisements and late night television commercials? Well, they’re starting to work.

That scrap supply high is actually a 27% rise from 2008, according to Kitco. “So long as prices remain above $1,000-$1,100 we will continue to see a river of secondary gold actually starting to compete with mine production,” says Jon Nadler, a Kitco analyst.

The real reason for the drop: stabilization in other markets

That’s not to predict an immediate gold crash. The “fear premium” it commands as a store of value during uncertain financial times could support higher prices indefinitely.

As traders sort out the effects of Europe’s $1 trillion bailout and whether inflation or deflation creep up in the U.S., investors will probably continue parking in gold as long as they can. Gold has slumped just a bit as a sense of some stability has returned to the markets in Europe.

But some of the smart money is betting that gold keeps rising. Hedge funds and other big speculative traders boosted their gold bets by 2% last week, according to data from the U.S. Commodity Futures Trading Commission.

The thing is, no one knows how long their bets are for. Fast money from hedge funds and speculators can get out while prices are high. In fact, one of the prevailing themes among speculators seems to be: ride the momentum while it lasts. Often times their ownership of gold lies in futures, never even taking physical delivery of the yellow stuff.

Essentially, it’s the Rabbit Angstroms (and now Glenn Beck watchers) of the world that have to fear the gold Krugerrands in their safe deposit boxes could slowly shed all the value they have picked up over the last year.

Dennis Gartman, a hedge fund manager and newsletter editor who is betting on gold, wrote last week that “the public is selling gold not buying it, as evidenced by the fact that there are as many advertisements on television touting the opportunities one might have in selling one’s gold … as there are touting gold as an investment.

“Until … the latter advertisements dwarf those of the former, the Bubble has not yet been blown.”

In other words, bubbles and semi-bubbles rarely last-the market fundamentals are just too powerful to ignore.

Source: http://money.cnn.com/2010/05/19/news/economy/gold.price.collapse.fortune/

Pad your income by going to parties and looking at jewelry

May 17, 2010 by: January Thomas

They say the economy’s coming back, but a lot of us just aren’t seeing the proof in our wallets. If you’re like most women I know, you need another source of income to keep your bill payments going out on time, and your bank accounts from getting too close to a zero balance.
One new way to earn money in your spare time is by throwing gold parties and becoming a local My Gold Party™ representative. My Gold Party™ is a fast-growing company that throws fun shindigs where women can mingle with friends while selling their old, unwanted gold jewelry. MGP reps find party hosts – who are responsible for inviting all the guests and providing the refreshments – and then attend the parties and buy gold from the guests.
At the party, the MGP rep tests and weighs each item, then writes each guest a check for their gold. But, of course, you as a rep make money, too! MGP reps take a percentage of all the gold they buy, to compensate them for the time and effort they put in networking and planning parties, as well as their investment into gold testing supplies.
Selling gold is becoming more and more popular as the price of gold soars, and My Gold Party™ is the inventor of the gold party. By becoming an MGP rep, you would be joining a fast-growing business that’s fun, as well as profitable. The formula for earning money by selling gold at parties has already been developed by MGP’s founder January Thomas – all you have to do is take advantage of it!
For more information on becoming a My Gold Party™ rep, visit www.MyGoldParty.com and click on “Become a Rep.”

The time is right for gold home parties!

May 13, 2010 by: January Thomas

Gold was seen topping the charts today at $1,245 (and the day isn’t over yet!) It has also held steady over the $1,200 mark for a straight week now. Every article I read poses two great, but differing views. The first is that “the bottom will fall out…at some point.” The second view, (perhaps I’m biased, but it’s my favorite) is that gold will rise over the $1,500 mark!

If gold topping the charts at $800 or $900 didn’t float your boat – well then now is the time – Get your friends together and host a home party! What could be better than a gold home party where your friends and family get to leave with money – no obligation and FINALLY you aren’t asking them to attend a party where they have to purchase something.

We have representatives all across the U.S. who are ready and willing to assist you on how to host a gold party. Click here for more details!

Cheers!