Where Are Gold Prices Headed in 2022?
“The gold price dropped from $1,783.90 an ounce at the end of October to $1,763.90 on 3 November, as the US Federal Reserve indicated in a statement that it would `begin reducing the monthly pace of its net asset purchases by $10bn for Treasury securities and $5bn for agency mortgage-backed securities.”
“Gold Prices Forecast for 2022 and Beyond: A Buy, Hold or Sell?” by Nicole Willing, Capital.Com, December 9, 2021
Where are gold prices headed in the coming year?
If you invest an hour poking around online, you will find that the general consensus is that investors are hoping that the trading price will rebound by about 15%.
That would be nice. But here at Specialty Metals Smelters and Refiners, we would like to recommend a way to make money in gold that is more powerful that sitting around waiting for prices to increase before you sell your gold . . .
Invest in gold scrap today at low prices and you can count on making money in gold in the coming year
We believe in investing in gold scrap because you can leverage more profit from it as an investment. Here’s an example . . .
If you buy a gold bullion bar you are going to buy the gold it contains at current trading levels or more, and will only be able to sell it for the current trading price, or maybe just a little bit more
If you invest in the right kind of gold scrap, you can buy it for much less than its current trading price, and make a much bigger profit when you sell it
What Kind of Gold Scrap Offers You the Most Profit?
There are many kinds, but keep these in mind . . .
Gold and gold-plated jewelry
Industrial sputtering targets that were used in plating operations
Gold and gold-plated jeweler’s chains and findings
Old cellphones, remote controls and other small electronic devices
Gold-filled eyeglass frames
Gold powders and bench scrapings from jewelry factories and repair facilities
Want to Make More Money by Investing in Gold Scrap?
At Specialty Metals Smelters and Refiners, we are very bullish on investing in precious metal scrap! We know that 2022 will offer smart investors an opportunity to make a lot of money.
Give us a call at 800-426-2344, tell us about your investing activities, and let’s make a plan.