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Gold, blessed is the one who has it

Quotation in June 2001 for an ounce of pure gold equal to $ 250 Quotation in June 2010 for an ounce of pure gold equal to $ 1240 The question I am increasingly asked concerns the situation related to gold… far be it from me to pose as a finance expert. In fact, I only allow myself to make observations and to express in words what I experience thanks to my work…. Gold, always considered a safe haven, in recent years was almost overlooked for purchase or as a gift; a minimal jewel was preferred and if it was not made of yellow precious metal, it was still fine because it was no longer perceived as a status symbol, also due to its low value that had stagnated for years. Moreover, spending needs have changed due to technology and advertising, phones, computers, interactive games, and alternative gifts that over time leave no trace of preciousness. Yes, because the… "you make a good impression when you give it and it lasts forever… you know it’s gold (so I paid a lot for it), you enjoy it now and you find it again tomorrow as value…" is properly and inseparably linked to the gold ornament. Consider that only 10 years ago its value was negligible compared to the daily quotation, a value that has skyrocketed in the last year and, according to some market analysts, is not yet at its peak. So now, those who have found themselves at home with gold objects or gifts today hold value in their hands or, in the best cases, a small fortune. If you want to sell it or convert it into other objects, the important thing is to have a fair market valuation; if it is overvalued, something fishy is going on, somewhere else they are paying you for it, but in any case it is good to know instantly what the valuation per gram is, without many algebraic calculations that only risk confusing us. Not to forget… Summer has arrived and with the first heat the desire for the sea grows stronger, the water becomes inviting and swims come naturally. In this regard, I would like to remind you that a waterproof test is mandatory on waterproof or diving watches to avoid unpleasant and damaging water particle infiltrations inside the watch, which can ruin, sometimes severely, the movement and the dial. A good watchmaking workshop will carry out the test even on the same day. Happy summer to all

By Fabrizio Ferro Website: www.ferrogioielli.com Facebook: www.facebook.com/FerroGioielli