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Why do people want to buy scarce items?
The single word answer is: Speculation. People buy scarce items hoping they will become valuable in the future. Gold is scarce considering only 2% of all gold that exists in the earth has been dug up. With that in mind, consider the people who bought gold in 2001 when it cost about $270 per ounce. They speculated gold prices would increase over time. Their speculation earned them an increase in price of about 518%, and they made $1150 for each ounce they bought. That is a huge increase. So buying scarce items now just might these people rich, or at least they will make some increase on their speculation.
What is meaning of 918 kdm in gold?
KDM 918 stamped on an item of jewelry means that the piece is 91.8 percent pure gold. These gold items have been soldered with cadmium.
Can soldered rings be separated?
Yes they can. Solder is always a lower karat gold than the object being soldered. This ensures that the solder will always melt at a lower temperature than the gold itself. If the rings are carefully heated until the melting point of the solder has been reached, the rings should be able to separate. WARNING...whoever is separating the rings must be very aware of what they are doing because the application of too much heat can cause the gold itself to warp or completely melt, thus permanently damaging or destroying the rings themselves. A reputable jeweler should have no problem separating the rings for you. take care.
What is the name of the song in which the end of the chorus is theres people out there turning music into gold?
'Gold' by John Stewart from 1979.
What music do they play at the opening Olympic ceremony?
The national anthem for the country represented by the gold medal winner.
What is the origin of gold ore?
i do know gold has been around forever and people are always trying to find it. and it's valuable and shiny. but thats it. sorry
Are all gold necklaces stamped?
Not always although they should be. I have seen many that have not been. Also even though an item is stamped that does not always mean it is gold.
When did gold miners go gold mining?
From the earliest days of civilization to the present day. Gold has always been a desirable commodity.
How did the gold from the gold rush get to California?
The gold was always there in the earth and streams. The people got their by ship, by wagon train, or by horseback. pluse they always suck on a stick like a dick
Why were people coming to Alaska at the turn of century?
Gold had been discovered.
What color gold is trendy in earrings?
Any kind of gold is always classic and in style. In the past few years white gold has been popular but the however the new trend has been towards yellow gold once again.
Why is gold alloyed with copper rather than iron?
ladey gaga is a boy and always has been
Why did huge numbers of people move to California in 1849?
John Sutter discovered gold.
What type of fish live in Persian golf?
I think you mean the Persian Gulf. That area of the world has always been inhabited by the Arabic or Arabian people.
Why were people coming to Alaska to turn of the century?
Gold had been discovered.
What date did the California gold rush start?
The California gold rush started in 1849 after people in the east learned that gold had been discovered there in 1848.
What is black gold other name?
Its the Oil, that's the black gold and that's why Iraq was occupied and it's people have been killed for...the black gold !
