Wednesday, 29 June 2011

Eldora Resources - How to Avoid Scams when Buying Gold and Silver Coins

Know Your Dealer, Resist Deals Too Good to Be True and Avoid Collectable Coins

It is important to research and evaluate each of the gold investment companies under consideration. There are many gold investment scams, fraud, boiler rooms that you should watch for, this will serve as a good warning before investing and only use gold options and companies that are verified, and have a good business reputation. This will minimize the risk of falling prey to any boiler rooms, scams or frauds.

With the rise of gold and silver coins as a hedge against inflation, more people are looking to add precious metals to their savings. However, there are many scam artist ready to take advantage of new buyers. Here's how to protect yourself.

Avoid collectable coins
When you start to buy gold and silver coins, some disreputable dealers will try to sell you collectable gold and silver coins. Usually, these coins cost 50% to 100% over spot. If you are interested in buying silver and gold coins as an investment, then you shouldn't bother with collector coins. And you should not be paying more than 30% over spot price, per ounce.

Avoid people who offer "too good to be true" deals on gold and silver
There is no such thing as a deal when it comes to gold and silver coins. You can not buy a gold nor silver coin for just spot price. And you certainly can not buy a silver or gold coin for under spot price. Anyone who tries to sell you a gold or silver coin for close to spot price is trying to rip you off. Avoid them.

Avoid buying coins on eBay if you are not an expert on detecting fake coins
eBay has many reputable dealers. However, there are many fraud coins on eBay. You are better off avoiding this market. If the gold and silver market becomes overheated, you may find that many dealers will be out of coins. And that the only place that you may find gold or silver coins will be on eBay. Your best move is to simply wait until the coins come back into stock at a reputable dealer. If you end up buying a fake coin on eBay, or get stiffed, you will have a hard time getting your money back.

Stick to U.S. Liberty Eagle Gold and Silver coins if you are new at buying gold and silver coins
There are many fraud gold and silver coins out there. The majority of fake gold and silver coins come from Asia. You can reduce your chance of buying a fake coin by sticking to U.S. Liberty Eagle Gold and Silver coins. Why? Because these are the only coins minted by the United States. And counterfeit gold and silver Liberty coins are investigated by the Secret Service. That makes it more advantageous for criminals to stick to faking non-US gold and silver coins. Yes, you will pay a little more for U.S. Liberty Eagle gold and silver coins, but it will be worth it.

Avoid buying coins at pawn shops if you are not a powerful negotiator
Pawn shop dealers are masters at buying low and selling high. If you are a new gold and silver buyer and you walk into a pawn shop, you will be like a sheep walking into a den of wolves. You are better off to sticking to large gold and silver dealers who have a set above spot price on their coins.

There are many great places where you can safely buy gold and silver coins. My two recommendations are APMEX and Apmex.com and bulliondirect.com. Both companies have been around for over a decade and have a long track record with many long term gold and silver buyers and sellers. With the right kind of research, you will be able to find the best dealer for you to buy and sell gold and silver coins.

Using Gold to Monitor Market's Reaction to QE2: Eldora Gold Resources News

Eldora Gold Resources Canada News- A Wall Street Journal article today on quantitative easing (QE) hints the Fed will take a middle of the road approach in terms of the size and duration of QE2. As we would expect, the stock and commodity markets’ initial reaction is negative. A middle of the road approach to QE seems counter intuitive to the Fed’s own historical analysis of why quantitative easing was ineffective in Japan. In CCM’s July 2010 review of James Bullard’s Seven Faces of “The Peril,” our read between the lines interpretation of Bullard’s take on QE included:
In order for quantitative easing to sufficiently increase future inflation expectations, market participants must believe the Fed will do “whatever it takes for as long as necessary” to obtain the objective of sufficiently positive inflation. This means the Fed must be willing to leave balance sheet expansion in place for as long as necessary to create expectations of higher future inflation by market participants (consumers, investors, companies, etc.). This reminds us of past “bazooka-like” policy moves, where policymakers would say, “You think we can’t create positive inflation? Just watch.
Eldora Gold Resources Canada News- The key to next week’s Fed statement on quantitative easing will be how they address the concept of “whatever it takes for as long as necessary.” We can use gold and the US dollar to monitor the market’s reaction to QE2 and the stock market. On October 11th in U.S. Dollar Could Rally In Coming Weeks, we hypothesized QE2 could be a “buy the rumor, sell the news event” relative to risk assets. Since October 11th, the dollar index has moved from 77.18 as high as 78.36; a move above 78.36 would increase the odds of the US dollar having a multi-week countertrend rally.
On October 13th with the S&P trading at 1,169, we listed 1,196 as a possible short-term upside target. The S&P 500’s intraday high on October 25th was 1,196, which means we have entered a zone where the odds of a short-to-intermediate-term reversal have increased (emphasis on odds). Stock market breadth on October 26th was weak, adding to the list of concerns over the next few days.
Eldora Gold Resources Canada News- We recently mentioned some yellow flags in the gold market. Thus far, gold is holding up well enough that a push to new highs still could be in the cards. From a short-term bearish perspective, a break of the thin blue trendline below would increase our concerns about a correction in gold. The long-term fundamentals for gold remain sound.
As we monitor gold, QE and the dollar, we must also consider the possible impact on "weak dollar assets" such as gold, silver, copper, oil, agricultural commodities, Australian dollar, Canadian dollar, and emerging markets.
Video: What Is Quantitative Easing?
Eldora Gold Resources Canada News- In part three of our six part series on quantitative easing, we examine Fed statements, writings, and publications related to the objectives of, and rationale behind, QE2. The analysis of some key Fed commentary on quantitative easing allows us to better understand the Fed’s perspective relative to QE’s possible impact on the financial markets, investing, the economy, interest rates, asset prices, and the wealth effect. Today’s quantitative easing video also touches on the following:
  • Duration of QE program
  • Consumption
  • Investment
  • Ben Bernanke’s “printing press” speech
  • US dollar devaluation
  • Fiat / paper money system
  • Spending
  • Inflation
  • Dividend-paying securities (video link below)
Disclosure: Author long GLD, UDN, SLV, JJC, DBA, FXA and EEM
About the author: Chris Ciovacco. Chris began his investment career with Morgan Stanley in Atlanta in 1994. With a focus on global macro investing, Chris uses both fundamental and technical analysis to assist in managing risk while looking for growth opportunities around the world in all asset classes.

Eldora Gold Boiler News: Potterton Promax combi boilers and Multifit GasSaver aids Aster Group crack the Code in Bristol

Eldora Gold Boiler News – Installation of Baxi Group high efficiency boilers, incorporated with novel Multifit GasSaver heat room recovery devices, has allowed Aster Group to successfully meet Level 3 of the Code for Sustainable Homes on its Narroways Road development in Bristol.
Aster Group who own and manage about 17,000 inexpensive homes in the south west and central south of England has currently opened its Narroways Road system. Built by the Leadbitter Group, Narroways boasts of 12 new two-bed apartments, five retail units and eight houses. For this affordable development, Leadbitter Group specified Baxi Group’s Potterton Promax 28 HE Plus Combination boilers that includes Multifit GasSaver units in the flats to meet the necessary SAP rating and attain Code Level 3.
Meeting SAP economically to attain the right Code Level should be balanced with the need to give an efficient, suitable and high quality heating and hot water solution for a certain project. The Potterton Promax Combi boilers along with GasSavers offers the best solution at Narroways Road. The tenants are familiar with the combi boiler and how it works, and the GasSavers depends on the boiler’s own high efficiency to deliver much better performance. This guarantees that system specification, operation and installation are as uncomplicated as possible.
The Multifit GasSaver can decrease the gas used to heat water by up to 37% annually and is listed as a certified technology under SAP Appendix Q and endorsed for use by the Energy Saving Trust. It is placed neatly between the boiler and its flue, recycling the heat from the flue gases that would otherwise be expelled into the air and wasted. Then this heat is utilized to preheat water coming into the boiler from the cold mains supply.
Potterton Promax 28 HE Plus is a compact, combination boiler that is SEDBUK Band A rated, that has 91.4% operating efficiency. Simple and fast to set up, it has superb flow rates and comes in 24, 28 and 33 kW outputs. Other advantages include built-in frost protection, a range of flueing selections, an optional wireless room thermostat and a pump which automatically runs every 24 hours to keep itself in its optimal condition.
The Multifit GasSavers and Potterton boilers were installed by local supplier M G Plumbing. The Narroways Road development officially opened on July 2, Friday.

Wednesday, 22 June 2011

Barrick Gold Achieves Record Q3 Profit as Gold Prices Rise : Eldora Gold Resources News

Eldora Gold Resources Canada News - Barrick Gold (NYSE:ABX), the world's largest producer of the yellow metal, posted a record profit for the third quarter, as lower-than-expected cash costs and higher gold prices boosted overall production.
During the period, the company recorded net income of $837 million, or $0.85 per share, from a loss of $5.4 billion, or $6.07 per share, in the year-ago quarter, when the company had $5.7 billion in charges related to the elimination of its gold hedging program.
Adjusted for one-time items, profits rose 75% to $829 million in the third quarter, or $0.84 per share, beating analyst expectations of $0.76 earnings per share.
Sales also jumped 40% to $2.8 billion in the period, compared to $2.0 billion a year earlier.
Eldora Gold Resources Canada News - Barrick said that its better-than-expected results were primarily a result of the company's third quarter gold production of 2.06 million ounces, ahead of target on account of lower total cash costs of $454 per ounce, and strong performance at its new Cortez Hills mine in the North American region.
In a statement, the company said its cash margins have reaped the benefits of rising gold prices and lower cash costs, increasing 52% to $783 per ounce. The realized gold price for the quarter was $1,237 per ounce, 27% higher than the prior year period.
Full year gold production is on track, Barrick added, expecting between 7.65 to 7.85 million ounces of gold at total cash costs of about $455 per ounce. It also anticipates producing about 360 million pounds of copper at total cash costs of $1.10-$1.15 per pound, in line with the original guidance.
Eldora Gold Resources Canada News - The giant gold producer expects that its Pueblo Viejo project in the Dominican Republic will begin initial production in the fourth quarter of 2011, while its Pascua-Lama property on the border of Chile and Argentina is on track to enter production in the first quarter of 2013. The company is targeting growth in gold production to 9.0 million ounces annually within five years once both these project come onstream, it said.
Based on the third quarter results, Barrick announced that its board has authorized a 20% increase in fourth quarter dividends to $0.12 per share. At quarter-end, the company had a whopping $4.3 billion in cash and $1.5 billion in undrawn credit, with $3.1 billion in net debt.
Barrick, from its properties across North and South America, Africa and the Australia Pacific regions, has gold reserves of 139.8 million ounces, plus measured and indicated gold resources of 61.8 million ounces and inferred gold resources of 31.6 million ounces.
Eldora Gold Resources Canada News - The company's closing price yesterday was $46.94, up from its 52-week low of $36.01.
Disclosure: No position. About the author: Proactive Investor . Proactiveinvestors is a group of financial websites producing news, comment and analysis, and interviews covering a wide range of subjects across North America, Europe, Asia and Australia.  

Eldora Resources - Certified Gold Coins – Where to Buy Them to Avoid Scam

Eldora Gold Resources tips on buying certified gold coins and where to buy them. It is important to research and evaluate each of the gold investment companies under consideration. There are many gold investment scams, fraud, boiler rooms that you should watch for, this will serve as a good warning before investing and only use gold options and companies that are verified, and have a good business reputation. This will minimize the risk of falling prey to any boiler rooms, scams or frauds.

From the birth of civilization gold coins were considered to be the best and most liquid investment that could be easily sold for profit in difficult economic times. Unfortunately, high demand for gold coins made of precious metals created ground for all sorts of swindlers and scammers trying to make a profit by misleading customers, especially over the Internet.
Buying certified gold coins is perhaps the safest and most reliable way to invest your hard earned dollars into gold since the term “certified” stands for a coin being assessed by a professional coin specialist from one of the four major grading agencies including, NGC, PCGS, ANACS and ICG. Certified gold coins are typically encased with a temper proof plastic seal bearing a mark of grading assurance. The process of coin certification takes the guesswork of buying gold coins and eliminates confusion associated with assessing gold coin pieces purchased over the Internet or through coin dealers.
Though higher priced, certified gold coins exist to protect coin collectors from buying gold plated fakes and to facilitate safer rare gold coins trading. It’s essential to purchase certified gold coins and gold proof coins only from reputable sources that offer highly graded gold coin products along with excellent customer service.
You should definitely avoid buying certified gold coins through TV commercials, gold shows or e-mail offers since these coins are highly overpriced and might lead to potential fakes. Same stands for buying coins through Internet auctions from sellers with no or very little feedback history – you never know what to expect from such transactions. The general rule of avoiding any type of gold coin scams is to stay away from buying very rare or historical coins that are generally not commonly circulated among average coin collectors. The rarer the coin, the harder it’s to research and assess its true value. Start your research from a wide array of online coin investment forums, Google groups or ask another coin collector what place he recommends for buying certified gold coins. If you feel pressured into buying gold coins or your coin dealer can not produce any valid documentation from a reputable grading agency, walk away from this transaction.
Eldora gold resources - One of the most valuable among certified coins that are widely accepted among top coin collectors is gold Vienna Philharmonics coin that represents the finest examples of modern day 24-karat gold bullion coins.




Eldora Gold News: Baxi Group welcomes Welsh Boiler scrappage proclamation

Eldora Gold Boiler News – Baxi Group receives the declaration that Wales is to profit from a boiler scrappage room system like what has been running in England since January 5, 2010. But only people over 60 years old will be eligible for £500 towards the price of replacing an old, G rated boiler under the £2.5 million scheme.
 “We are delighted that another of the devolved countries has devoted effort to help people replace their old and inefficient boilers. The Welsh system will be aiming over 60s, who they consider to be more susceptible to fuel poverty,” said the CEO of Baxi Group UK and Ireland Mark Kelly.
“The plan will help in cutting fuel bills by about £235, all the while reducing household carbon emissions. Homes in off-mains gas areas will have the chance to discard G-rated boilers with new and efficient A-rated LPG boilers or low carbon technologies like biomass boilers.”
The system will take effect on April 1 of this year and the £2.5 million has been allotted for November 2010. Moreover, £1.4 million will be invested in the Welsh Home Energy Efficiency Scheme to aid in combating fuel poverty in households through improving insulation and heating.
About Potterton Products
As one of the leading innovators of the heating industry, Potterton has everything in terms of high efficiency heating. For example, the Potterton Gold Combi HE A has integral clock, a choice of flue systems for absolute freedom of boiler siting and a two-year parts and labour warranty.              
The Potterton brand has a broad range of boilers which operate on LPG or natural gas. A Potterton gas boiler range comes with Potterton Gold Combi 24HE, given a Best But by Which? magazine.
Climate change and global warning are concerns that Potterton is actively working to fight. Because of the increasingly strict environmental standards, we’re developing products like our Solar range to reduce the impact on the environment.
By discarding a boiler that is more than 10 years old, you could save on heating bills and lower your negative effect on the environment.

Wednesday, 15 June 2011

Benefits of Public Bank Gold Investment– Eldora

It is important to research and evaluate each of the gold investment companies under consideration. There are many gold investment scams, fraud, boiler rooms that you should watch for, this will serve as a good warning before investing and only use gold options and companies that are verified, and have a good business reputation. This will minimize the risk of falling prey to any boiler rooms, scams or frauds.

Gold stock investments are often included in the portfolio of investment companies which specialize in gold and other precious metals. Because the gold investment companies are simply the managers and investment advisors for the pooled funds of the investors, each investor will share in any gains seen in their share of the portfolio. For some investors using a gold investment company makes great financial sense, while other investors should steer clear of these choices.
A public bank gold investment offers many benefits that are attractive to a wide range of investors, although these options may also have some disadvantages as well, depending on the public bank chosen. This is a great way to invest in gold bullionwithout having to turn your home into Fort Knox or pay excessive storage fees. The bank stores the gold for you, in the amount equal to the value of your gold bullion securities account.
When you choose a public bank gold investment then quality is another benefit. You are assured that only investment quality gold is used to secure your account, such as PAMP Suisse gold bullion and other well known types. This is important because the gold is a guarantee of your capital, and if low quality metal is used then the value of the metal may be significantly less than what is shown on paper.
If you are going to open a public bank gold investment account, you have the choice of two types, allocated or unallocated. Allocated is the better choice for almost every investor, because these accounts offer more benefits. The amount of gold equal to your account balance is specifically allocated to you, and can not be used for any other purpose. Credit Suisse gold bullion or another top quality and name gold product is usually used with these investments, and you can take possession of the bullion at will.
If you are thinking about a public bank gold investment, there are several benefits. These accounts allow you to buy gold conveniently, without worrying about security or storage. Many investors prefer these accounts, and consider them the best gold investment possible. Some investors avoid a public bank gold investment account though, preferring to hold the metal personally. These investments can be a fantastic choice for many investors, but they are not right for everyone or every situation. 

Eldora Gold Resources News - Willow Creek Signs LOI to Acquire Historic Gold Property in Prestigious Walker Lane, Nevada

Eldora Gold Resources Canada News-Willow Creek Enterprises Inc. (OTCBB: WLOC) ("The Company," "Willow Creek") Willow Creek is pleased to announce that it has signed a Letter Of Intent to acquire the Hercules property from Minquest, which is located in the prestigious Walker Lane Mineral Belt in Nevada, USA.
The historic Walker Lane Mineral Belt, western Nevada, is a highly mineralized trend that contains several world-class epithermal precious metals deposits, such as: the Comstock Lode (estimated production of 8.6 million ounces of gold and 192 million ounces of silver), Round Mountain (Barrick / Kinross)(over 10 million ounces of gold produced since 1906), Rawhide, Aurora, Goldfield mines, as well as porphyry copper deposits: Yerington (1.75 billion pounds of copper produced from 1953-1978 by Anaconda Copper Company),
Eldora Gold Resources Canada News - The Hercules property gives Willow Creek (OTCBB: WLOC) access to one of the most prolific mining areas in the world. According to a report made by Global Geological Consultants (GGC)* in 2003, The Hercules prospect has direct analogies to the historic Comstock Lode deposit, which is located less than 10 miles to the north. While the Comstock Lode produced approximately $670,000,000 worth of gold and silver from 1860 to 1880, the Hercules Mine, located on the "Hercules" property, is estimated to have produced 5,000 oz of gold and 20,000 oz of silver during early, turn-of-the-century mining efforts. In more recent years, modern exploration has been conducted on the property by companies such as Pioneer Mining Corporation, Phelps Dodge Corporation, and Horizon Gold. The GGC* report further states that the potential for the discovery of thicker, mineralized veins within the Hercules is very good, and that recommended drill tests could identify a deep-seated mineralized deposit for which the Walker Belt is known. Further support for exploration of the Hercules was given by Joseph Tingley** in an annual compilation of major precious metal deposits in Nevada, where he noted a resource for the Hercules deposit of approximately 260,000 oz of gold and 1,950,000 oz of silver.
"The company believes the Hercules property contains one of the most significant untested Comstock-type vein systems in the Western United States. With gold prices hovering well over $1,300.00 an ounce, and silver prices steadily climbing, the Hercules property offers a tremendous opportunity to our shareholders as we move forward," stated Terry Fields, President Willow Creek.
Eldora Gold Resources Canada News - Management believes that in addition to its proximity to other major discoveries, the Hercules' physical location makes it an ideal property for exploration and development. Existing infrastructure, including manpower and accessibility for the Hercules property, is supported by the nearby city centers of Reno and Carson City. State highways and paved roads provide easy access, while moderate temperatures allow for year-round physical work on the property. As we approach the colder months, this physical attribute will allow us to continue our work as many others are forced to shut down their operations until the spring.
Political support for the mining industry enjoyed by the state of Nevada was another determining factor for management when selecting the Hercules property. Favorable laws, positive safety regulations, and the lack of political unrest seen in many other parts of the world are among the main reasons that Nevada's gold production accounted for more than 79% of total U.S. production and 7.2% of the world's gold production in 2009 (Economic Overview of Nevada's Mineral Industry report; Nevada Mining Association). Nevada State Geologist and Director of the Nevada Bureau of Mines and Geology Jonathan Price recently stated that Nevada is still in its biggest mining boom, one that produced more than 200 million ounces of gold in Nevada from 1981 to last year. With the addition of the Hercules prospect to our portfolio of properties, Willow Creek (OTCBB: WLOC) hopes to contribute to Nevada's production numbers in the years to come.
* Summary Report and Exploration Proposal on the Hercules Gold Prospect. Lyon Nevada, published January 24, 2003 by Geoffrey Goodall, P. Geo
** Nevada Bureau of Mines and Geology - Special Publication MI-2005
Eldora Gold Resources Canada News - This news release contains "forward-looking statements", as that term is defined in section 27a of the United States Securities Act of 1933, as amended, and section 21e of the United States Securities Exchange Act of 1934, as amended. Statements in this news release, which are not purely historical, are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, except for the historical information presented herein, matters discussed in this news release contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from any future results, performance or achievements expressed or implied by such statements. Statements that are not historical facts, including statements that are preceded by, followed by, or that include such words as "estimate," "anticipate," "believe," "plan" or "expect" or similar statements are forward-looking statements. Risks and uncertainties for the company include, but are not limited to, the risks associated with natural resource exploration and development and needs for funding as well as the risks shown in the company's most recent annual report on form 10-k and on form 10-q and from time-to-time in other publicly available information regarding the company. Other risks include risks associated with the regulatory approval process, competitive companies, future capital requirements and the company's ability and level of support for its exploration and development activities. There can be no assurance that the company's development efforts will succeed and the company will ultimately achieve commercial success. These forward-looking statements are made as of the date of this news release, and the company assumes no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although the company believes that the beliefs, plans, expectations and intentions contained in this news release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consider all of the information set forth herein and should also refer to the risk factors disclosed in the company's periodic reports filed from time-to-time with the United States Securities and Exchange Commission.
This news release has been prepared by management of the company who takes full responsibility for its contents. Finra, the sec and the OTCBB neither approves nor disapproves the contents of this news release. This news release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. 

Eldora Gold Boiler News: Market leader - heateam bags Field Service Award

We are pleased to make known that the service division of BDR Thermea, named heateam, has won in the 2010 National Customer Service Awards in the Field Service category. Get the most recent boiler technology from Potterton to avoid falling into scams, elaborate boiler room speeches, online salesman caution and fake boilers and heateam. Eldora News Resources online newspaper will keep you updated with the latest technology news.
Heateam triumphed over other finalists Rentokil, Thames Water and Royal Mail to get the prestigious award after a presentation to the judges, demonstration how we give customer service, training and quality with zeal, passion and professionalism.
 “We were amazed with the prominence of teamwork from this entry and how each person is encouraged to take responsibility for customer service. It resulted in more efficiency for the business and a better encounter for the customer, which is what this award is all about. A worthy winner,” said the judges.
The accomplishment was declared during the awarding ceremony in London on December 7, hosted by comedian Kevin Bridges. The award was presented to the Field Service Manager of South region, John Orris.
“Our field service engineers work diligently to keep our customers happy and warm. A typical day may see them carrying out repairs, carrying out routine boiler service, working with a contractor or installer to explain our products or just presenting the homeowner how to get the best out of their system,” said Customer Service Director Lee Robinson.
 “They sometimes call when the homeowner is upset or angry, and always try to leave them relaxed and happy. The recent weather conditions have been hard for everyone in the heating industry and our engineers have been affected by the ice and snow like everybody. But they have pulled together and worked for long hours under difficult conditions to try and get to people in the soonest time possible.
“I am so proud to add this accolade to our recent service centre success where we’re ranked seventh in the 2010 Top 50 Call Centres for Customer Service.
Lee adds, “I want to thank everyone in heateam for their commitment and hard work that made us the best service provider in the heating industry.”
heateam, BDR Thermea’s in-house service department has a national network of more than 280 professional Gas Safe registered field service engineers. They offer support and service for all Potterton, Baxi, Remeha and Main domestic boilers, Heatrae Sadia and Santon hot water merchandise and Valor fires. The service centre based in Warwick is open 363 days a year.
For more information visit the heateam website or call 0844 335 2266.

Wednesday, 8 June 2011

Eldora Gold Boiler News: Potterton Gold product range expanded

Eldora Gold Boiler News – The famous Potterton Gold boiler range has been extended to include system and heat only models, and a combi boiler dedicated for LPG. The latest Gold Cylinder completes the collection.
From the success of the Potterton Gold Combi HE, a 2010 Which? Best Buy, the latest products offer installers a high quality choice of products appropriate for virtually every application.
The Potterton Gold System HE comes in outputs of 24, 28 and 18 kW, has SEDBUK 2005 rating of 91.2% and is NOx Class 5 (the highest). It is available with a one piece pre-plumbing jig and integral filling loop to make installation simpler and quicker, saving both money and time.
Flexible and compact, the Potterton Gold H heat only boiler is small enough to fit in an ordinary kitchen unit. It comes in outputs of 18, 24 and 15 kW and is modulating fully to ensure first-rate fuel efficiency. To save even more time installing it, there is no wiring between the boiler and the pump.
The Potterton Gold range of unvented cylinders are intended to complement the latest range of boilers. It comes in capacities of 300, 250, 210, 170, 150, 120 and 100 litres that’s why there is a model for every heating system.
The cylinders, which are approved by KIWA, have a stainless steel inner vessel and thermoplastic coating to guard against corrosion and prolong life expectancy. They are insulated with a 50mm layer of polyurethane CFC-free foam, providing enhanced heat loss performance. They are easy to maintain and install with all the connections and controls easily accessible at the front. The coil-in-coil heat exchanger guarantees quick heat recovery and better efficiency.
The Potterton Gold range of heat only, system and combi boilers are all SEDBUK 2005 <90% efficient and are backed by a 2-year warranty. The Gold Cylinder has a 25-year warranty on the stainless steel vessel and one-year parts and labour warranty. All warranties are subject to registration and annual service, where suitable.
For more information please visit http://www.pottertongold.co.uk/ or call 0844 871 1560.

Eldora Resources - How to Avoid Scams when Buying Gold and Silver Coins

Know Your Dealer, Resist Deals Too Good to Be True and Avoid Collectable Coins

It is important to research and evaluate each of the gold investment companies under consideration. There are many gold investment scams, fraud, boiler rooms that you should watch for, this will serve as a good warning before investing and only use gold options and companies that are verified, and have a good business reputation. This will minimize the risk of falling prey to any boiler rooms, scams or frauds.

With the rise of gold and silver coins as a hedge against inflation, more people are looking to add precious metals to their savings. However, there are many scam artist ready to take advantage of new buyers. Here's
how to protect yourself.

Avoid collectable coins
When you start to buy gold and silver coins, some disreputable dealers will try to sell you collectable gold and silver coins. Usually, these coins cost 50% to 100% over spot. If you are interested in buying silver and gold coins as an investment, then you shouldn't bother with collector coins. And you should not be paying more than 30% over spot price, per ounce.

Avoid people who offer "too good to be true" deals on gold and silver
There is no such thing as a deal when it comes to gold and silver coins. You can not buy a gold nor silver coin for just spot price. And you certainly can not buy a silver or gold coin for under spot price. Anyone who tries to sell you a gold or silver coin for close to spot price is trying to rip you off. Avoid them.

Avoid buying coins on eBay if you are not an expert on detecting fake coins
eBay has many reputable dealers. However, there are many fraud coins on eBay. You are better off avoiding this market. If the gold and silver market becomes overheated, you may find that many dealers will be out of coins. And that the only place that you may find gold or silver coins will be on eBay. Your best move is to simply wait until the coins come back into stock at a reputable dealer. If you end up buying a fake coin on eBay, or get stiffed, you will have a hard time getting your money back.

Stick to U.S. Liberty Eagle Gold and Silver coins if you are new at buying gold and silver coins
There are many fraud gold and silver coins out there. The majority of fake gold and silver coins come from Asia. You can reduce your chance of buying a fake coin by sticking to U.S. Liberty Eagle Gold and Silver coins. Why? Because these are the only coins minted by the United States. And counterfeit gold and silver Liberty coins are investigated by the Secret Service. That makes it more advantageous for criminals to stick to faking non-US gold and silver coins. Yes, you will pay a little more for U.S. Liberty Eagle gold and silver coins, but it will be worth it.

Avoid buying coins at pawn shops if you are not a powerful negotiator
Pawn shop dealers are masters at buying low and selling high. If you are a new gold and silver buyer and you walk into a pawn shop, you will be like a sheep walking into a den of wolves. You are better off to sticking to large gold and silver dealers who have a set above spot price on their coins.

There are many great places where you can safely buy gold and silver coins. My two recommendations are APMEX and Apmex.com and bulliondirect.com. Both companies have been around for over a decade and have a long track record with many long term gold and silver buyers and sellers. With the right kind of research, you will be able to find the best dealer for you to buy and sell gold and silver coins.

Eldora Gold Resources News - Correction in Precious Metals Likely to Set Stage for Further Run Ups

Eldora Gold Resources Canada News - China is the world’s largest producer of gold, but it has plenty of other precious metals and rare minerals as well. Some in the world are already worried about so much power concentrated in one place.

A Bloomberg Report this week stated that silver exports from China, one of the world's largest, may drop about 40 percent this year as domestic demand from industry and investors climbs. China is the third-largest producer after Peru and Mexico. It is expected that reduced exports will boost prices. Industrial applications for silver, including electrical conductors and batteries, represent about half global demand. Silver has rallied 44 percent this year, outperforming gold and copper.
Eldora Gold Resources Canada News - In addition, China, which has been blocking shipments of crucial minerals to Japan for the last month, has also halted some shipments to the United States and Europe. These rare earth minerals are crucial to manufacturing many advanced products such as radar, cell phones, high-powered magnets and mini-hard drives in laptop computers. China’s control of them and its willingness to flex its economic muscles seem certain to further intensify trade and currency tensions. The bad news is China mines 95 percent of the world’s rare earth elements. If restriction on exports of these minerals continues, it could force multinational companies to produce more of their high-technology goods in China.
Speaking of mining, let's take a look at the long-term XAU chart. The XAU (gold and silver stocks index) Index failed to break into new highs - as visible on the very-long-term chart above. Although we see it presently at a declining support level, we don't expect this level to hold given declining gold, silver and stock prices.
Eldora Gold Resources Canada News - Support levels such as the lower border of the trading channel, previous local tops, and multi-year support levels are also in play. The declining, short-term trend line has been broken recently most likely due to the USD Index rally. The area around the 170 level appears to be the probable bottom for the current decline.
In a recent Market Alert sent to our Subscribers, we discussed the possibility for Traders to bet on lower prices using options. Lower prices in mining stocks may be the way to go due to their lower volatility. Their close trading range has caused a decline in option premiums.
Eldora Gold Resources Canada News - In the research section of Sunshine Profits website, Predicting and Taking Advantage of Corrections in Gold is an essay, which is perfect for our current situation. Options traders should be sure not to miss this instructive piece.
Summing up, it is likely that mining stocks will eventually rally but we will probably first see a corrective period. Lower prices are likely to be seen in the short-run with a rally to follow perhaps before the end of the year.
Disclosure: No positions
About the author: Przemyslaw Radomski. Przemyslaw Radomski is the founder, owner and the main editor of SunshineProfits.com. Being passionately curious about the market’s behavior he uses his statistical and financial background to question the common views and profit on the misconceptions.

Wednesday, 1 June 2011

Eldora Gold News: Potterton Gold Combi Boiler 24 HE remains a UK Best Buy

Potterton Gold Combi 24 HE is deemed a Best Buy by the top consumer resources magazine Which? for four years in a row. It garnered five-star ratings for easy installation, uncomplicated use, features and NOx emissions, with an total score of 74%.
According to the report, it is very efficient, with hot water output and highly durable. A Which? expert called the boiler “remarkably easy to service with lots of room to work inside the boiler”.
 “We are glad with the current recognition this great boiler is receiving. The Potterton Gold Combi HE is created from high quality components and go through thorough quality tests to make sure that it meets our challenging standards of reliability,” said Paul Haynes, Head of Potterton Product Management.
 “It comes with a pre-plumbing jig, a filling loop fitted as regular and extensive flue options for flexibility of sitting to make the installation simple.”
Potterton Gold Combi HE range is available in outputs of 24, 28 and 33 kW, along with a dedicated 28kW LPG model.
For homeowners, a boiler’s superb energy efficiency translates into lower gas bills and reduced carbon emissions. The Potterton Gold Combi HE range is all Energy Saving Trust Recommended merchandise. A timer is included and the controls are very easy to use. Also, there is a digital display and bright neon lights that shows the boiler’s current operational status. The instructions are also inside the cover of the controls, which is very convenient.

About Potterton

Potterton is a well-known British company with reputable credentials. As a matter of fact, we have a track record dating back for around 150 years, which makes us a trusted name.
Potterton history. For more than 150 years, the Pottertion brand has been committed in providing high quality and unrivalled service in the design and production of boilers. Actually, Potterton has made more than 5 million boilers over the years.

We have brand values in place that are included in the Potterton ethos.

User-friendly. Whether it is for installers, specifiers or customers, we work out problems. Thus, our boilers are easy to fit and easy to use daily.

Reliability. Our name is almost synonymous to reliability which makes it the top reason to purchase Potterton. It applies to all our products, service and staff. In short, Potterton is all about dependability.

Trust. We strive to make it known to everyone that they can depend on us and on our products. We do not make false claims or promises.

Customer-focused. We create products that are essential to people. Our customers are always top priority and our products are too important to work any other way.

Relaxed. We do not create needless fuss for we are decent people to do business with. So whatever you require, you can count on us to listen with an open mind.

Mainstream. We are not niche; we are for everyone. Our services and boilers are intended to meet the needs of just about everyone out there.

How to Buy Gold for Investment – Eldora Tips

Eldora Gold Tips on How to Buy Gold - Lack of knowledge about how to buy gold can hamper your aspirations of investing in this precious metal and be able to stay away from scams and investment frauds of boiling room callers. Going through this article will help you in getting the basics of gold investment right, and thus make some profit by trading in gold.
Eldora Resources Tips: The price of gold in the international market has increased manifolds over the last decade or so, thus making it the first choice among the precious metals when it comes to investing money. Buying gold for investment generally refers to buying gold bullion. (Gold bullion is a collective term used for gold bars and gold coins.) Though buying precious metals, especially gold, is one of the best available investment option, it differs from buying stocks and bonds to a significant extent. That tends to leave people confused about how to buy gold and silver bullion for the purpose of investment. If you are planning to opt for gold investment, there are certain options you can choose from.

How to Buy Gold for Investment

Buying gold helps in improving your asset base, and also offers financial security from problems such as inflation. Gold bullion, i.e. gold coins and gold bars come in various sizes and weights. Before investing in gold, you need to study the current prices of this metal, as well as the trend of the rise and fall in gold price in the past. You will also have to follow some simple tips for buying gold bullion: the bigger gold bars you buy, the lesser per ounce premium you have to pay. Let's move on from the generic information and get into the details of the buying gold coins and gold bars.

How to Buy Gold Coins?
These gold coins are priced on the basis of their weight. Some of the most popular standard gold coins include the American Gold eagle and the South African Krugerrand. You can either buy these coins from the government or from the private firms, the former is much more trustworthy though. However, there is an advantage of buying these coins from a local dealer as it helps in establishing a relationship between with them, which can be helpful when you would want to sell these coins. Even though there wouldn't be much of difference in the value of gold coins with two different dealers, it is ideal to compare the prices before opting to buy from a particular source.

How to Buy Gold Bars?
When we talk about how to invest in gold, gold bars is bound to be the first thing to strike our mind. In some countries gold bars can be bought from the major banks, while other countries have licensed dealers for the same. Generally, the preferred sources to buy gold bars from are gold dealers, mints and foundries. Other methods of purchasing these bars include auctions and individuals. Whichever source you buy gold bullion from you need to make sure that they are established and, more importantly, accredited. It is always better to take some efforts and check the history of the source. Don't forget to check for the shipment charges. You can either hold these bars in your own possession, or keep them in a safety locker of a bank on your behalf.

Other than these methods you can also invest in gold by investing in precious metal mutual funds, an ideal option for high investment as far as precious metal trading is concerned. Even having the basic idea about how to buy gold for investment can help you in minimizing the risks associated with the process. Investment is a part of your future planning, and therefore these gold investment vehicles need to be chosen wisely. That being said, it is always an advantage to take advice from a stalwart of the field, who is well versed with financial planning and the ups and downs of the market.  By Abhijit Naik

Eldora Gold News: Potterton Gold Combi Boiler 24 HE remains a UK Best Buy

Potterton Gold Combi 24 HE is deemed a Best Buy by the top consumer resources magazine Which? for four years in a row. It garnered five-star ratings for easy installation, uncomplicated use, features and NOx emissions, with an total score of 74%.
According to the report, it is very efficient, with hot water output and highly durable. A Which? expert called the boiler “remarkably easy to service with lots of room to work inside the boiler”.
 “We are glad with the current recognition this great boiler is receiving. The Potterton Gold Combi HE is created from high quality components and go through thorough quality tests to make sure that it meets our challenging standards of reliability,” said Paul Haynes, Head of Potterton Product Management.
 “It comes with a pre-plumbing jig, a filling loop fitted as regular and extensive flue options for flexibility of sitting to make the installation simple.”
Potterton Gold Combi HE range is available in outputs of 24, 28 and 33 kW, along with a dedicated 28kW LPG model.
For homeowners, a boiler’s superb energy efficiency translates into lower gas bills and reduced carbon emissions. The Potterton Gold Combi HE range is all Energy Saving Trust Recommended merchandise. A timer is included and the controls are very easy to use. Also, there is a digital display and bright neon lights that shows the boiler’s current operational status. The instructions are also inside the cover of the controls, which is very convenient.

About Potterton

Potterton is a well-known British company with reputable credentials. As a matter of fact, we have a track record dating back for around 150 years, which makes us a trusted name.
Potterton history. For more than 150 years, the Pottertion brand has been committed in providing high quality and unrivalled service in the design and production of boilers. Actually, Potterton has made more than 5 million boilers over the years.

We have brand values in place that are included in the Potterton ethos.

User-friendly. Whether it is for installers, specifiers or customers, we work out problems. Thus, our boilers are easy to fit and easy to use daily.

Reliability. Our name is almost synonymous to reliability which makes it the top reason to purchase Potterton. It applies to all our products, service and staff. In short, Potterton is all about dependability.

Trust. We strive to make it known to everyone that they can depend on us and on our products. We do not make false claims or promises.

Customer-focused. We create products that are essential to people. Our customers are always top priority and our products are too important to work any other way.

Relaxed. We do not create needless fuss for we are decent people to do business with. So whatever you require, you can count on us to listen with an open mind.

Mainstream. We are not niche; we are for everyone. Our services and boilers are intended to meet the needs of just about everyone out there.