Gold Parties: How to Start a Gold Party Business

Posted by admin | March 26, 2009 .

People all over the U.S.A., Canada, Australia and more are going to scrap jewelry gold parties to solve their temporary financial problems. They’re selling their scrap gold jewelry for top dollar. With gold at nearly $1000 per ounce, people are leaving these gold parties with hundreds of dollars in cash.

The media has been picking up on this new trend with articles in newspapers, TV, radio and YouTube.com. These parties are just like the multi-level Amway, Partylight, Herbalife get togethers. Except at a gold party, everyone leaves with cash rather than spending their cash!

Gold party hosts are really cleaning up. Particularly when they learn how to buy the scrap gold for themselves and then sell it directly to a Refiner.

The parties begin with guests bringing unwanted jewelry, watches and coins to a host’s house. The host either tests and weighs the gold and then sells it direct to a Refiner, or using an “Agent”, partners with a company that tests the gold content and weighs the items, and pays out a certain percentage to guests based on the price of gold that day.

Using the “Agent Model”, a percentage also goes to the party host, the party representative and the refinery that eventually ends up with the gold and melts it down. Again, if the “Host” wants to build a real, on-going, highly lucrative business out of gold parties, then the “Host” learns how to test the gold and sells it to the Refiner directly, in effect, cutting out the middle-man!

In addition to much-needed money, the parties also provide a safe haven, and a social outlet, for consumers looking to cash in on high gold prices but are uncomfortable going to a jewelry store.

According to an Associated Press report of a gold-buying party held in Granby, Conn., one participant said, “It’s terrific because it’s a little bit intimidating to think about walking into the jewelry store, even though they may be heavily advertising it, and, you know, to someone that you don’t know and turning over your valuables to them.”

To learn how to “Host” your own gold party, test gold, and build a fabulous business go to: http://www.GoldPartyProfits.com