I am sure there is such a thing! Let’s all remember; the karat value of gold
is purely a percentage. Pure gold is 24
karat and 12 karat would be half or 50% of 24 karat.
The reason this question has been posed to me MANY
times during the course of me buying
gold is
because I get a 12kt reading when testing some rings. The first explanation could be that someone mixed 10kt and 14kt evenly and got 12kt. The only reason why I can see this happening is for increased profits. I would doubt the thought process of the producer of this 12kt had anything to do with providing a more valuable product when selling 10kt.
because I get a 12kt reading when testing some rings. The first explanation could be that someone mixed 10kt and 14kt evenly and got 12kt. The only reason why I can see this happening is for increased profits. I would doubt the thought process of the producer of this 12kt had anything to do with providing a more valuable product when selling 10kt.
In my experience, it seems that there was a rash of
12kt gold prior to 1976 being put mostly into gold rings. Why this happen I can only speculate. Maybe it had something to do with Richard
Nixon refusing to back greenbacks with gold in 1971 and the inability to
balance the quantity of gold with the value of money.
How do you feel about the exodus from gold backed dollars?
How do you feel about the exodus from gold backed dollars?
Suggestion: Buy gold coins and silver coins
Kevin Robbins, Gold
Solutions http://www.goldsolutionsoffortmyers.com/contact.html#.USTuKFojpws
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