What goes up.....

Will come down.



Ugh. As of today gold has dropped.



Yesterday the market closed out at $1,207.50. As of this very moment, gold is at $1,160. Which is where were were about a month ago. Its not horrible, but it does make a difference.



Why does this happen? Well, this mornings drop was caused by the speculation that the unemployment rate was not that low and that the dollar is getting stronger. Here is an article that is worth reading.

Graph: Courtesy of www.Kitco.com

Whats up?

Aside from Gold? Well, these next three weeks, I am super busy and I am super thrilled. What makes this even better is that everyday that I wake up, it feels like Christmas.

Everyday the GOLD prices go up and go down. More so going up, but today we hit a bit of a down turn for Gold. Not to worry though.... (as of right now, Gold is down $13.20)

If you are watching the Gold Prices then you want to tune into to Kitco.com daily, perhaps two three times a day.

So the other day I did a party at the Whitestone Stone Tavern. It was pretty cool! The hostess did not have an overwhelming amount of girls but she still made $420.00 for having the party. That rocks!
Here is how she made $420.00

• $150.00 - food reimbursement (if you have 10 or more girls)
• $ 50.00 - Because she booked at a party
• $ 220.00 - she had 11 girls who sold over $200.00 of gold
• Which totals $420.00 and we were there for two and a half hours!!

Ready to Book?????? Aske me how.

Market News..

(Picture courtesy of kitco.com)

Gold closed today at $1168.20.

Look at the 10 year chart. 10 years ago on this date GOLD was barely worth $300.00

Have you had your party yet? BOOK TODAY!!

Ready to join my team???

Did Gold Really DROP??

Technically - yes. But actually - no.

This morning the GOLD once again, took off as the market opened but as the closing bell rang -GOLD dropped. On Friday the GOLD closed at $1150.90 and today it closed after some sporadic raising and dropping at $1159.30.

What does all this mean?

More speculation.

You can google any article about the GOLD market and 99% will tell you that as the dollar weakens the GOLD goes up and visa versa - when the dollar is strong, GOLD is low. Makes sense? Not really. But once again we are entering another bubble, this one just happens to be the GOLD BUBBLE.

Its sort of a catch 22.
Do we want GOLD to stay high? Of course. Alot of people are cashing in and making a few dollars for items that just sat in their junk drawer but on the flip side, we all want our economy to turn around.

So it comes down to what you feel comfortable with. IF you don't want your old GOLD anymore then why not sell it and put that money to use? I know selling my Gold helped me. Will I regret it? Probably not - I could not even tell you what I sold but I know what I did with the money I got.

Ready to Host a Party???

Holy Hat..

This morning GOLD hit the ALL time high.

Its amazing and scary at the same time. It almost feels like we are in the housing bubble again and no one can predict if the prices are going to continue to rise or if Gold will just fizzle out.

I would like to inform you that if you book a party or join our team you are taking part in something that I think is so great. As of today, (as I am writing this) Gold has hit the HIGHEST amount that I have ever seen. I am hoping that these prices continue through the New Year!

As we all know (look at the economy now) that what goes high can't always stay that high. It must come down, we saw this with the housing market and I hope that this bubble wont burst with GOLD. But, again - there is a possibility. So I want to let you know that during the month of December there are a few dates still open to book a party if you want to book with us.

Our incentives are great:

• $150.00 for booking party with 10 guests (or bags of gold)


• $ 50.00 bonus because I want to give it to you..


• PLUS - $20.00 for every person or bag of gold turned in over $200.00.

So think about it. If you have 10 guest that sell over $200.00 you just made $200.00. PLUS add the $150.00 for food and the extra $50.00 you just made $400.00 for the night.

**Most of my hostess make over $400.00.

Oh - and btw, anyone who is interested in joining our team - let me know... We are hiring and you get PAID training. Just ask me how!

Earn some Holiday CASH.....

THINKING OF HOSTING YOUR OWN GOLD PARTY?

Here are some things you might like to know:

*Most parties run between 2-4 hours long: depending on the number of guests with gold.
*Invite as many people as you can - the more guest the higher your hostess payout is.
*If a guest can not make it: offer to take her gold to cash in. We will provide them with a receipt for what was paid out. Bags of gold do count as a person.
*We take 10k, 14k, 18, 22k, 24, platinum and white gold jewelry. It can be broken, mismatched, tangled - whatever.... we take it all.
*Tell your friends to bring a friend.....

GOLD is at the highest it has ever been. Host a party and earn CASH! Here is how:

$150.00 for food allowance (with 10 guest or more)
$ 20.00 for every person or bag turned in, over $200.00
$ 50.00 to the hostess for mentioning my blog.

For more information or to book your party

Call:
Christine Forgione (917)939-1086

I kid you NOT.........

Gold has hit the ALL TIME HIGH!!!

I think you should book a party. TODAY!!

Now I get it....

I have a confession to make. I recently came in contact with a girl who was going to be having a gold party - Unfortunately, it was not with me. When I asked her what her benefits were for having the party she told me that she was going to get 10% of all gold paid out.

WOW. 10%? That is incredible.

So my curiosity got the best of me and as a spoof I walked into a local "Cash for Gold" center and I inquired about having a party. The "miner" told me that if I booked a party right then and there that I would also get the 10% and if I had a party that paid out over $12,000.00 I would get a 22" TV.

Sounds great to me and had I not been a miner and have a bit of an education about selling gold and doing Gold parties, I would have booked!

I was lucky that day because in my bag I had some gold that I took with me to the St. Agnes fair. I had it so I could show people what I was paying out for that tiny bit of gold (23.3 dwt). When I did the St. Agnes fair our gold payout was high but yesterday our gold payout went up even HIGHER.

I asked the woman at the GOLD stop to test it, weigh it and let me know what my payout would be.

Are you ready for this?

Seriously - are you ready?

IT WAS $150 LESS. $150.00 LESS than what I would pay out.

Here is why: "OVERHEAD" The woman told me that they have overhead. This is what covers the 10% that they offer their hostess. So BOTTOM LINE: WHEN you get paid a 10% fee for having a GOLD party in your home: YOUR. GUESTS. ARE. LOSING. MONEY!

We offer:

$150.00 for food reimbursement.

$ 50.00 IF you book at a party or mention my blog!

Plus - for every single guest who sells $200.00 or more of gold - the hostess gets $20.00.

*On average, a hostess makes $450+ at her party without selling any GOLD.

What are you checking for??

At some point in time jewlers started to "mark" jewelery indicating the quality of metal. Checking the markings is one of the first things I do. Sometimes and it has happened, a piece of jewelery is marked but does not pass the acid test.

Here is what the markings mean and what I will take:

Decimal equivalents of karat ratings:
.375 = 9K (England and Canada)
.417 = 10K
.583 (.585) = 14K
.625 = 15K (never seen this)
.667 = 16K (never seen this)
.750 = 18K
.833 = 20K (Asia)
.917 = 22K (Asia)
.999 (1000) = 24K pure gold
KP = Karat Plumb (exact amount of gold)

I do not take:

K.P. = Karat Plate
GF = Gold Filled (heavy plating), usually has a fraction, i.e., 1/20 10K GF
GS = Gold Shell
HGE = Heavy Gold Electroplate
.500 = 12K
.333 means 8K
PT950 means Platinum
925 means Sterling Silver
(RGP) Rolled Gold Plated
(RP) Rolled Plated
(EP) Electroplated

A Penny What??

Gold turned into any jeweler is weighed by the pennyweight (DWT). There is an actual formula to figure out how to convert from gram into pennyweight, I would try to explain it here but I think I would look foolish so I found a site that tells it pretty much in English and you don't need a college degree.

"A pennyweight (abbreviation DWT) is one of two measures jewelers use to determine the amount of gold in jewelry. The other is the gold karat, which is a measure of how much of the metal in an item is gold. If you want to figure pennyweight of gold in jewelry..." Click here to continue to read.

Its worth HOW much?

Gold went up. Again.

Will it continue? No one knows and if someone tells you they do then ask them for this Fridays Mega Million lotto numbers because they would be guessing on that also!

If you are watching what the prices are doing, refer to this site. Its live and will show you up to the minute prices.

St. Agnes: College Point, NY

Yesterday, I was at the St. Agnes Craft Fair. It was cold and rainy. There were about 35 vendors who were also there and I have to tell you some of the crafts that people do, amaze me. For me it was a good day. I got two party bookings with a third possible (You know who you are and if you are reading this - call me!), so I was more than happy!

You know its funny in Queens NY - these GOLD parties are just now hitting the surface. Two women this weekend told me that they were also having a GOLD party, unfortunately not with me, but there is interest in hosting and for me that is good as well as the ones who will or do host a party.

My last hostess made $520 just for hosting a party! here is how;

$150.00 Food Reimbursement.

$ 50.00 for booking at a party that she was at (*new incentive)

$320.00 (14 guests sold over $200.00 worth of GOLD and two bags). (Bags count as guests)

*For anyone who books and holds a party prior to December 15th, 2009 will get a $25.00 bonus!! You must mention this blog to receive.

We are RICH!!!

Some of the women at my Party that was held in Whitestone on Friday night were screaming: WE. ARE. RICH!

I will tell you this WHITESTONE, NY ROCKS!!! I had 13 girls attend Fridays party and they BROKE my bank. I paid out over $14,000.00!! Of course, gold is at an all time high so that makes a huge difference...

The hostess that night made $450.00 for hosting my fabulous party!

One of the hostess' guest (who made $2,200)was planning on buying her kitchen set. Another woman (made $1,700) is buying her boots that she had her eye on AND a new outfit. How cool is that?

One of the things that I love to do is to have the guest guess what they THINK they are getting paid. I LOVE IT when a guest under estimates and I get to surprize them with a huge amount.

Why wait? Book a party today and get paid for all the jewelery that is broken, mismatched, gaudy or that ole ex's jewlery. . . . .

How is it done??

The Process:

Check all gold with magnet. This is done because all gold contains alot of metal. IF a piece of GOLD gets picked up by our magnet, we give it back to the owner. All gold contains metal and even though a piece could be marked for either 10K, 14K, 18K or higher it could have more metal than actual gold.

Check For Markings: We take each piece and check to see what it is tagged as. Again, a piece could be tagged 14K but not test for 14K, it might test for 10K. "Mistakenly tagging" was a common practice years ago by jewelers, today I don't this this happens that much.

Acid Test: I will always start with the highest tagged pieces first. I will take all the 18K Gold (or higher) and test those pieces. If the piece of gold passes the acid test it goes into my bucket. I do the same for each level of gold. One by One. Some pieces are not tagged at all and these will be tested for the 14K first and if it fails the 14K test I will re-test for 10K.

Remove Stones: I will always try to remove any and all stones and return them to the owner. But there are some pieces that are OGCG (Only God Could Get) and at that point it is up to the owner if they want the piece back or sell with the stones still in. Class rings are a big culprit, I can not remove those stones, in fact I am not sure anyone can.

Weighing: Once all the jewelry has passed the acid tests the pieces that go into my bucket get weighed: 10K, 14K, 18K, 22K, and 24K all get weighed separately. We weigh on the Penny weight and depending on the market value for that day will determine what you will get paid.

Fork up the dough: Not much to tell here: I pay you handsomely and you leave happy!!

Last night was........

A SUCCESS!!!

My hostess from last nights GOLD party - Michelle did great. She wound up having ten girls and nine of them sold more than $200.00 each. Michelle made $330.00 for hosting a GOLD Party!!

Total Gold paid out was over $4.400.00!

The girls were very shocked when we told them what they made. When I cashed out the first guest, I asked her to guess what her gold sold for. She guessed $150 - $200.00 . Close but no cigar. She made $550.00 on her gold!! Her plans for today were to get her hair done, a pedicure and manicure and put some away for Christmas shopping!! Woohoo!!

Heading out..

Heading to a party tonight in the Bronx. This hostess has cancelled three times and she is concerned today will not be a success. I will let you know how my hostess did.


In the past my hostess have made:


Lisa - Little Neck NY- 13 girls sold jewelry 11 were over $200.00. Lisa had her party on a Wednesday night so she got paid:

$150.00 for the 10 guests

$50.00 bonus for the Wednesday Night party.

$220.00 for the 11 girls that sold over $200.00

Her GRAND Total without selling any gold herself she made: $440.00.

In June, I did a party for a woman Doris. Her party broke my bank - not once but TWICE. Let me tell you, I LOVE it when I run out of cash and a manager has to come out and replenish my funds. This has happened twice so far and it is great. Doris made over $770 for hosting a party and we paid out over $23,000 that night!

Fran, my other bank buster made over $630.00 the night of her party and that night we paid out over $10,000!

Way to go ladies, enjoy your cash!!

Hello World!!

Yup - we have come into a time where having a GOLD PARTY is better than having a tupperware party!

Let me start by telling you a bit about myself. I am a local resident of Whitestone and have two boys that attend Catholic schools. I own a home and work full time but that is just not enough. I was always living week to week, pay check to pay check and its frustrating.

A few months back a girlfriend of mine invited me over to her home to a GOLD PARTY. A what? A Gold Party. She told me to go through my old jewelery and pick out the stuff that is broken, old or things that I just don't wear anymore. I honestly did not think I h ad that much but when I started to go through my old stuff I had more earrings that I had lost the other one too and bangle bracelets that I always hated, broken chains, pieces that had missing stones that I would never replace and rings that just did not fit me right. I went to this party hoping for at least $600.00 thinking I could pay the balance of my sons tuition to school. Well - I did not make $600.00. Not even close. I was shocked when the miner told me my JUNK jewelery that I would have tossed or sold in a garage sale was worth $2,970.00!

...that number is not a typo! I made $2,970.00 in less than 15 minutes with this miner. HOLY HAT! I was hooked.

I thought about hosting a party of my own the incentives were great: By being a host I would earn:

$150.00 for having a party and having 10 guests.

$50.00 IF I had my party on a Monday, Tuesday or Wednesday Night.

PLUS - for every guest that sells over $200.00 of GOLD, I would earn $20.00 for each one.

So I figured I would host my own. But then the miner went one step further and asked if I would be interested in joining their "team". She told me that it costs me almost nothing to join (few supplies) and that all my mining tools and funds to pay out would be supplied by the company, I had nothing to lose. For every party that I worked I would earn 4% of total GOLD paid out. So on a $10,000 party - I would earn $400.00 just like that.

There is more: I would be paid for my training (yes, you need to be trained) and I would be guided through the process of becoming a miner. I decided right then and there that this is a new craze and I could get some friends to host a party for me and I could USE THE MONEY - so this was a no brainer for me. I joined that night. I became a miner and I love it.

Through this blog, I am going to talk more and more of each aspect of being a miner, being a hostess and what GOLD is worth and why you should either join me or host a party of your own.