Fake Sterling Silver Jewelry

Recently I purchased some jewelry and it was stamped 925, which normally means that it is sterling silver, and you might already know I am a collector of silver. The jewelry was very heavy and even though I don't have a good knowledge yet of the industry I felt that at the time the price was right so I bought some of it. I take it to a local dealer that i know and he ends up buying it, with the knowledge that it is sterling silver jewelry. One week later he informs me that the jewelry is counterfeit sterling silver, I was shocked because I purchased over $100 of it. I then do some research and find out that there is a lot of fake sterling silver jewelry going around, and even though it is stamped 925 it doesn't mean that it is real sterling silver. There are a few tests that you can do to prevent yourself from falling for the same scam that I fell for, the first is not to buy silver from China, especially if the price is well under the spot price of silver. The second test is the acid test, you have to buy a silver test kit. Please do not buy jewelry if you feel that the price is too low because chances are that it is not real.

Stock Market

I am sure that there are a lot of investors on the internet so I have decided to share some of my thoughts on the stock market. I invested 2 years ago in the stock market and I got hammered on the fees to buy and sell my stocks, I ended up losing my job halfway through the year and decided that I would just get killed with fees so I got out while I still had some money left. The stock market is like the casino, the house always wins, no matter if you do or not. My knowledge of the stock market gained over the months that i was investing and held some mining and oil stocks before retiring from the stock market to pursue the silver market, which has been doing very well lately. Bottom line is that there is no such thing as easy money, if you think that you are gonna invest in the stock market and win big, you are in for a surprise. If it is too good to be true chances are that it is.

What is going on with Silver?

Is anybody seeing what is going on with Silver? It is up over $26 an ounce as of Friday and boy am I glad that I have invested in Silver over the past 2 years. I got into it around $13 an ounce and on most of my investments I have doubled, but is it bound for more. Experts believe Silver to be over the $50 an ounce range in the near future and with the fear of inflation more and more people are going towards gold and silver as a hedge against inflation. Another big reason why Silver is going up is the industrial demand that this commodity has. It is used in hospitals, clothing, and even computers and cell phones. If you have not jumped on the Silver bandwagon I would suggest that you jump on.