Ok, so everyone knows gold is good but not everyone has the money, resources or know-how to buy Krugerrands, gold sovereigns or gold bars.
This is how to do it - picked up from a gypsy.
Buy a simple gold chain (go for 9 carat gold as it is the easiest and cheapest to come by) - start collecting 9 carat gold rings and string them on the chain until the total weight reaches 100g or 3 ½ oz. This is worth around $825 at today's scrap prices. Then I put this one away somewhere secure (a safety deposit box or secure storage recommended) and start a new chain.
Old wedding rings are the easiest and cheapest to buy - on eBay, from auctions, Pawnbrokers, from antiques fairs or jewelers who sell second-hand jewelry. It doesn't matter if they are a bit worn or out of shape as you only want them for weight. Another good one is gold rings that have engraving or people's names on as these are usually difficult to sell and so fetch lower prices.
Gold is very easy to sell in quantity as scrap - many high street jewelers have a sign in their windows asking to buy old gold jewelry and if the rings you buy are any good you may well get a higher price than scrap.
It's a great idea for saving up for a College or University fund for a new baby, a special holiday in a few years time, retirement or emergency fund. This is a simple way to save $40 or $50 every week, month or whenever you like.
