We’ve got so much goodness on the horizon! Beautiful weather, compliments of G FOX Some people make it rain, we like to think we make it shine! Indeed the weather has gotten amazingly better and we’re all in good working moods.
G FOX GEMS is officially completed the CALIFORNIA INSTITUTE OF JEWELLERY TRAINING weekend MASTER VALUER course, and now we’re off to do the final exams. What this means is – doing master appraisal and master valuing. We are now certified diamond graders, Graduate Gemologists, Fellows of the Canadian Gemological Institute & last but not least, Master Valuers! We have the highest qualifications and are so specialized that really, we could create your jewellery, find the gemstones and diamonds for your jewellery – put it all together & give you a appraisal that is a legal document! All in one! The things you get to know on a tuesday
So UPGRADED is our original MASTER BALLER with a new design, our logo, we’ve branded! It’s big! We’re offering master baller in BLACK RHODIUM sterling silver and stones like never before, Gorgeous full cut BLACK CUBICS!. If you know MASTER BALLER you’ll know the it’s the hottest, most versatile, & most universally worn piece of jewellery in G FOX GEMS history! We’ve only been official online since last AUGUST! We haven’t even been open online for a year and it’s safe to say we’ve sold at least 1 TAG to each and everyone one of our 500 fans! We’re growing, we want you to be part of us! & UPGRADED will be an amazing collection fresh for spring, and PRIDE with all new photography, A COMMERCIAL with a very popular young videographer *who will remain nameless* for now!
SPEAKING OF PRIDE! we have the same booth as last year on WELLESLEY! only closer to CHURCH instead of YONGE! amazing!!!! New banners, amazing new branded product, hats, stickers, cards, & a personal email collection popping all newbies into our MAILCHIMP application for DIAMOND MAIL!
THINGS ARE GOOD!!! THINGS ARE GREAT!! HOW ARE UUU?
Right now we’re selling packages online for PRIDE RINGS – you save some good money when you buy the PART PRIDE PACK! perfect gift for everyone who shares a common love – PRIDE is power.
you can buy TIMEBOMB# in a few stores opening this summer in TORONTO!
but we’ll chat about that later – need to go WORK!
We sent out a text html email to our Diamond Mail recipients so that you can “save the sender’
A lot of our deals and new pictures are going directly to JUNK = our platform for reaching you when we have deals isn’t being utilized. Please click “safe sender” or “NOT junkmail” to ensure all of our future promo’s and deals go straight into your INBOX .
Have a happy monday! If you’re not on our Diamond mail exclusive mailing list, here’s a link you can click to sign up direct
Well, what a fantastic question!
Precious metals have been the best performing asset in recent years with gold and silver outperforming equities, property and most asset classes over a 10 year period. Silver and gold are so expensive today because of macroeconomic, currency and geopolitical issues, for example:
silver and golds historic role as money and a store of value,
the declining and very small supply of silver and gold,
significant industrial demand
and perhaps most importantly significant and increasing investment demands.
Gold, Silver, Oil, and nearly every major commodity, stock indices, and property market surpassed their record highs in recent years.
Favourable supply and demand factors,
continuing macroeconomic and geopolitical risks and concerns regarding the emergence of inflation – alongside the massive global monetary and fiscal reflation, affect the value of flat currencies,
This all points directly to higher silver and gold prices in the long term.
Silver is golds cool and fresh sister- it’s highly correlated to the safe haven of gold and is in effect a leveraged family member to the precious yellow metal therefor investors use gold more for wealth preservation purposes, along with millionaires, billionaires, and silver in order to make a return.
There are only a handful of pure silver and gold mines remaining- many with depleting reserves. This inflexible supply means that we cannot expect significant mine supply to depress the price after silver rises in price. It is extremely rare to find a good, service, commodity or investment that is price inelastic in both supply and demand. This is another super powerful aspect unique to gold and silver.
Gold and silver will become more expensive. Supply and demand + rarity.
The ongoing issuance of the US treasuries and further quantitative easing by the federal reserve inevitably point to our dollar getting weaker.
Dollar is lower, demands are higher.
= crappy for small business consumers like US because we need to buy chains, rings, bracelets, all things that use silver which is basically everything we have.
We used to be able to buy chains for $2.25 a gram
(our most popular seller) a typical 30″ chain that most people wear their tags on weighs 8 grams
8 grams of silver. last year x $2.25 at wholesale for US = $18.00
For those of you who bought these chains- you would have paid no more than $25.00
most of you have paid much less because silver was less expensive and we have really crazy good prices.
Yesterday G FOX went to jewellery district to buy chains for pride.
We sell about 200 chains during pride, and it is nearly impossible to sell a chain, regardless of the weight or link, or thickness, or length for more than $30.00 Nobody wants to pay !
People think outdoor festivals = wholesale.
A 30″ chain today is still 8 grams – however we buy silver for $4.75 a gram IF WE ARE LUCKY
we bought a kilo of silver and it costs nearly $2000,00.
Now how on earth do we make it back?
We basically give our silver for free
The same military style chain @ 30″ – 8.0 grams ,pure 925 silver
for us now at a wholesale level = $38.00
This is very difficult to consider because we are a growing company and even the smallest sales help with everything and maintain our business.
Gold used be bought for $40-$50 a gram, now a 5.0 gram solid gold band could run anywhere from
$400 – $600 at a wholesale level.
These shifts in economic pricing are something that people naturally will adjust to because – like gas, nobody is going to stop driving because oil is climbing in price.
Having silver = having assets.
Having gold = having assets.
The benefit to owning silver and gold is to help you protect yourself against high inflation. The prices will go up, you can always count on your silver or gold jewellery to be an important monetary object.
We love silver! That’s why we are constantly hunting new suppliers to keep our costs down so that your costs can stay down.