Gold Investors Either Have Gold Bullion

Gold traders either have gold bullion, or “paper gold” in the form of gold Exchange Traded Funds (ETFs). There is a ready market for these, nearly every day as yellow metal is purchased and sold. The gold can be sold at close to selling price (there are usually some small transaction fees), and with gold ETFs you can sell your units and get the money within two days. It really is far more frustrating and expensive to market jewellery. Generally, you shall have to visit a pawn shop; otherwise, you use jewellers.

Whatever the case, it’s likely you’ll sell baffled. Most jewellers will only offer half the purchase price or less, or sell on the consignment basis. This means you leave the piece with them, and they shall get a commission if and when they sell it for you.

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Furthermore, the resale price of jewellery is at the mercy of the whim of whoever will the valuation. This is why two pawnshops might provide you two different prices for your gold jewellery. This raises the possibility of making a bad deal, as you can compare prices easily. Gold investments, however, have well-charted prices. They can be purchased on regulated platinum exchanges (or the stock markets in the case of gold ETFs), which means you would know if you’re getting cheated.

Then there is certainly urban design – remember the Government’s response to the Land for Housing report stating that high quality developments should get a assisting hand -well urban design is not actually spillover materials either. The next rationale is core local body stuff, even though statement says ‘make decisions about’ local goods, not provide local goods. Will there be another door starting here in conditions of higher ‘contracting out’ of local general public goods?

The third rationale could very well be a step forward from an extremely small interpretation of metropolitan planning (“just stick to the externalities”). At least it mentions co-ordination of different infrastructure investments with land development. This implies at least some role for the sequencing and staging of growth, but that is a tentative bottom line at best.

Again there is a useful list of recommendations relating to infrastructure funding. But you get the feeling that like the prior reports, these ideas will not far progress very. What irks would be that the Commission’s ‘three main and well-founded rationales for urban planning’ are this impoverished view of planning. There appears to be a large irony here. The RMA was often seen as a tool to keep planning centered on the spill-overs and no more. For 20 years the quarrels have raged that planning hasn’t stuck to the house keeping as intended; that metropolitan planning should work within the neo-liberal paradigm of ‘more market, less authorities’ .