Category Archives: Interesting News

Interesting News about Gold from around the World

World’s first ever gold jewellery car

MUMBAI: The Tata Group unveiled a Nano car made with gold and silver, and studded with precious stones worth an astronomical 22 crore (that’s over $5,675,123 New Zealand dollars).

Gold CarBut, it’s not for sale – the valuable and fully functional car is a unique branding and promotional initiative by Goldplus Jewellery, part of Titan Industries, a Tata Group company, an official said.

The Goldplus Nano Car is billed as the world’s first ever gold jewellery car and celebrates the 5,000 years of jewellery manufacturing industry in India.

The car’s body is made with 80 kg 22 carat solid gold, 15 kg silver, precious stones – including diamonds, rubies – and other expensive gemstones.

“As many as 14 techniques of jewellery making have gone behind the effort — from the intricate filigree work to the delicate and colourful meenakari work, the stunning kundan to the traditional naqashi…marking the convergence of diverse and culturally distinct jewellery making techniques from around India,” the official told IANS.

Titan Industries managing director Bhaskar Bhat said that since eternity, jewellery made with gold and precious stones has been an integral part of the Indian woman’s life.

“Indian jewellery has been an epitome of innovation and creativity, and carved a niche worldwide for itself for the intricacy of the designs crafted out of the precious metals and stones,” said C.K. Venkataraman, COO, jewellery division.

Nano car made with gold and silver, and studded with precious stones

After its glittering launch in Mumbai, the Goldplus Nano Car will travel to all the Goldplus showrooms at 29 locations around the country.

The car incorporates beautiful designs, made with the precious stones of different colours, set on the gold and silver body of the car.

Original Source:  Times of India

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National plans loan shark clampdown

From the NZ Herald, November 6th 2011.

National will change the law to clamp down on dodgy loans by forcing lenders not to give loans to people who would face significant hardship in repaying them.

A proposed change to consumer credit laws would set up a code of ethical lending, and require lenders to be open and transparent with borrowers. Any lenders who breached the code, such as by charging exorbitant interest, would be struck off if they did not heed warnings.

Mr Key said it would undoubtedly put some money lenders out of business. About one third of current lenders would not comply, and although some could clean up their game others would be forced out.

Mr Key said they were preying on the vulnerable. Read more

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Balazs Kiss and Suspect Emails

It’s frustrating when competitors email and call us trying to find out what makes Gold Smart unique and successful. We posted recently about Balazs Kiss appropriating content, design, ideas, images and other intellectual property from our website. The copyright infringement was so blatant and obvious due to them duplicating large parts of our original copy and even leaving our name in the text.

A few days after making this post we received a call from the marketing manager at Weta Digital. They were concerned that their name was mentioned in our blog post yet avoided challenging us on any of the information presented in the article. They also confirmed that Balazs was working for Weta in Wellington. Their approach was friendly and they mentioned that the post had caught their attention. Naturally our intention was to present the facts and let others decide what they thought of the details.

Weta Digital are known for their amazing Oscar winning visual effects pioneered on Lord of the Rings, King Kong, Avatar and others. We mentioned to Dave that emails and contacts were made from Weta Digital IP addresses, domains and email address. In our minds this would be concerning for any company as the employee had time enough to be sending such contact and doing so while on the company network.

Orginating IP Address from the Weta Digital domain

After talking with the marketing manager we felt it reasonable to remove their name from the post as they assured us he would be forwarding the information to his superiors and someone would be talking with Peter Kiss about the matter. This was nearly a month ago and despite a follow up call and email we have received no further reply from them.

Given the response to the copyright infringement we received when we first became aware that content had been taken, we felt that it important enough to make a blog post about the details.

We’ll keep you updated on further developments.

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Biting Gold Coins

Champion biting his gold medal

Many people are curious to know why in the old days it was common to bite gold coins – or other kinds of items made of gold – to confirm whether or not they were real. This practical and crude method was used for the authentication of gold, since this metal is very malleable. Thus, it was easily recognized if certain objects, especially the coins as payment or compensation for any service, were made ​​with this metal or just looked like it was. If a person bit a coin and verified that the bite mark was printed in the currency, this meant that the money was real (or soft enough to be gold).

Today the practice of biting gold coins seems unhygienic and imprecise. However centuries ago the technology and processes to accurately determine gold purity was not available to the average person – making identification of real gold a genuine concern.

Modern methods to confirm if jewellery is real gold or fool’s gold is by checking for hallmarks and gold stamps. These are required by law in most countries and will show the gold purity, for example 18k means that the piece has 75% of gold. Gold is also non-magnetic meaning if you put a strong magnet close to the item it won’t be attracted to it.

Another test some people perform is rubbing the gold item in a smooth white wall. If it is real gold the wall will have a dark mark. But who wants to risk damaging their wall or even their jewellery?

Our specialized team at Gold Smart will confirm your jewelry is authentic by checking the stamps on the items, performing a magnet test, making acid tests and several other methods as required.

It’s best not to damage your walls rubbing jewellery on them or biting coins risking getting a broken tooth. If you have some gold or silver pieces you want to sell, bring it to us. We will test it for you and make sure you get a great price for your valuable gold and silver items.

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Golden Food

When asking someone what can be produced by using gold as the material, the most common answers would be jewellery, bullion, coins, it can be used for decoration, in some electronic devices, etc. How about food???

That’s right. The custom of eating gold began with the ancient Egyptians, who thought it would bring improvements in their health. They were right! Experts agree that the consumption of gold brings many benefits to our body, slows the aging of the skin and eliminates toxins, helps fight inflammation and arthritis and osteoarthritis, lowers levels of stress, improves concentration, memory, mood and sense of well-being.

The edible gold can be found in the form of powder, flakes, sheets or spray, but only the purest gold, 23K or 24K, can be ingested. The leaves are produced in vacuum chambers. In this post we will enjoy the world’s most expensive dessert. The so-called “Frozen Haute Chocolate” is made in the restaurant Serendipity in New York – United States, and costs no less than US$25.000. It takes 28 types of cocoa from 14 countries and five grams of edible gold with 23K. The same restaurant also offers the most expensive ice cream, the “Golden Opulence Sundae”, Tahitian vanilla flavor with various toppings and rare 23K gold leaf, all for only US$1.000. Chic, luxurious and powerful.

If you are not into sweets, how about seasoning your food with gold instead of salt?

In the Caspian Sea, off the coast of Iran, there are three types of sturgeon, the fish whose roe caviar is made: the sevruga, osetra and the beluga. Of the three, the beluga sturgeon is the rarest animal – and it’s from the white beluga sturgeon, even rarer, that the ‘Soul’ comes, also known as the diamond of Persia. Only five pounds of it are produced each year and getting it is a laborious operation. The white beluga only produces roe from 25 years of age, when they reach 4 feet long and about 800 pounds. It has to be captured, not harmed. After that, it’s performed a kind of cesarean section in the animal and the roe (pearly white color) is removed with a small spoon. The fish is then returned to the seas. Only about 15 grams of Souls are produced for each operation. Orders should be made one year in advance and caviar comes at a very special packaging: a tin of 24 karat gold design from Maison Cartier.

If until now, everything that was said left you open-mouthed, know that the latest addition to the luxury market is the caviar with edible gold, mixed in 24 carat gold caviar.

In Dubai there is gold everywhere, decoration, clothing and accessories, and hotels there are innovating serving gold in food, beverages and desserts.

Precious goodies, luxury that inspire, arouse curiosity and satisfy the desire are increasingly “popular” in the world.

Will this trend catch on here in New Zealand?

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Beware gold scams from Africa

At Gold Smart we are sometimes contacted by members of the New Zealand public who have been offered large sums of gold in return for sending money overseas to an unknown recipient for shipping. Lured by the possibility of improving their financial situation, internet users are easily falling into a trap engineered by the creative mind of these swindlers.

These illegal businesses, according to estimates from US websites, generate billions per year in revenue.

The schemes that attract the majority of unwitting victims are those in which there are promises of participation in large fortunes. These fabricated stories invariably appeal to the emotional and religious. They all say they have lucrative accounts, and that for reasons not always explained, are blocked. This is usually where the victim is asked to make an advance payment, with the justification given for using the money to pay attorney costs, incentives and fees or even the trip to retrieve the gold.

There are thousands of posts available online that tell similar stories. The common theme is that there is always millions of dollars available to share. The figures quoted range from 8 to 700 million dollars. They will say they have in their possession diamonds, cash and hundreds of pounds of gold and that for some reason the valuables will be sold to the recipient for a price much lower than that practiced in the free market.

The origin of the gold is always doubtful so to give credibility to this source there are all kinds of stories; that it was stolen from a corrupt dictator in Ghana or from a “mean sergeant in Nigeria”. In most cases, the messages claim the origin of the gold or diamonds is legitimate and will have paperwork to prove ownership and purity.

Gold scams are dangerous and you should not make contact with these criminals under any circumstances – least they find out your identity, steal your money, hold you to ransom or make you complicit in their crime.  You would be surprised how many people in New Zealand fall for these scams every year.

Be alert and vigilant and don’t fall for the trap.

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Balazs Kiss Engaged in Ghostwriting

It’s disappointing for us to see another person attempting to copy our hard work and creativity. We have become aware that “Balazs Kiss” also known as “Peter Bal Kiss” (Wellington, New Zealand) was advertising on Freelancer.com for ghost writers to rewrite original copy and the design of our Gold Smart website.

Balazs KissBalazsK states on Freelancer.com, “I need to rewrite the texts on the following website: http://www.goldsmart.co.nz most of (90%) of the texts needs to be re-written to the extent that it does not resemble to the original text. English native speaking only please…” And he goes on to say,I need something similar design, pictures, icons, everything what makes it similar site.

A ghostwriter is normally a professional writer who is paid to write articles, text, reports etc that are officially credited to another person. According to Wikipedia, “A consultant or career-switcher may pay to have a book ghostwritten on a topic in their professional area, to establish or enhance their credibility as an ‘expert’ in their field.”

balazs3d

Above: An extract from the freelancer.com website where Peter Balazs Kiss sought a ghost writer to re-write the Gold Smart website.

He’s classified the job under “easy website job, replicate website, rewrite all texts on a website, ghostwriting, and easy/fast job”. The only conclusion we can come to from the above advertisement is that there is a deliberate and calculated effort to leverage our original ideas and content. It’s frustrating to see someone do this rather than create something original and worthwhile themselves.

If you work hard, it’s not expensive or difficult to create your own ideas and content. However by using low paid ghost writers and designers they can save time and money to replicate our website and content.

A quick search of Google reveals on his LinkedIn profile that Balazs Kiss is currently a Senior Lighting Technical Director at Weta Digital in Wellington and has worked on many major motion pictures. His personal website states, “Balazs uses a variety of software programs in his work. Most of the time he uses Autodesk Alias Maya with Mental Ray or Pixar Photorealistic Renderman for his own work. He also uses Apple Shake for compositing and Adobe Photoshop or Right Hemisphere’s Deep Paint for texturing.”

balazs3d_02

Peter appears to be working closely with a Georgina Lany who runs a social media company called “Wicked Social Media” and “The Facebook ATM” promoting coaching, get-rich-quick style seminars and guidebooks that teach people how to make money from Facebook.com using her “21 fail-proof strategies and campaigns“, she also claims “I promise you that if you download the guide right now, and you get started right away, you will see money flooding onto your Facebook ATM account in less than 24 hours… You can too achieve financial freedom in a couple of months, while maintaining a sustainable financial freedom.

On her YouTube channel she says, “I guess you know right now that to be successful in your niche you need to be connected with your targeted group, you need to be loved, trusted and need to provide free content so people will like you, trust you and at the end purchase from you. It’s a really hard work and takes a really long time.

The actions described in this blog post are in conflict with the above statements made on their website. It appears as though the shortcut option has been taken by ghost writing content and replicating brands/websites that others have taken years and invested lots of capital to develop. We wouldn’t trust seminar advice from a couple that conducts themselves in this manner – would you?

LEGAL ACTION

Lawyers on behalf of Gold Smart contacted the owners of ‘FastCash4Gold’ to notify them of the copyright infringement on the 22 September 2011.

Here’s an extract from our letter: “The fastcash4gold.co.nz website infringes our client’s copyright because it substantially reproduces our client’s website notwithstanding that some minor changes have been made.  The layout, headings and much of the text/images have been copied almost identically.  Any changes that have been made are not significant enough to avoid infringing our client’s copyright.”

We received a response from a “Mr John McMartin” (perhaps the famous actor is now working for them): “Thank you very much for your letter. With deep regret we need to inform you that the FastCash4Gold website due to personal circumstances is now shut down. It has no connection what so ever to your email or your various accusations whats are without merit.”

Other claims from their reply include:

  1. “No pictures were used on the website whats (sic) are in the ownership of GoldSmart.”
  2. “The FastCash4Gold website is taken down, and due to personal circumstances it stopped (sic) every kind of gold/silver trading operation.”
  3. “We wish it is satisfactiory (sic) by you. In our opinion this matter is now concluded!”
  4. “If you wish to take it to Court, feel free to do so.”

Let’s look at these claims in a little more detail, we have also included images to illustrate our points.

Here’s the home page for ‘Fast Cash for Gold’ (right). You’ll notice the sections and navigation of the website are a direct copy of the Gold Smart website (below).

Please click on the images if you’d like to view the samples as higher resolution images.

SPECIFIC EXAMPLES OF COPYRIGHT AND TRADEMARK INFRINGEMENT

Navigation from both websites (identical):

Internal navigation from both websites (substantially similar):

Navigation, layout and content from both websites (similar):

Content from both websites (substantially similar):

Specific examples of copyrighted text (identical/substantially similar):

More examples of copyrighted text (identical):

Oops, they even forgot to change the company name (identical):

Copyrighted gold bullion photos taken from www.goldsmart.co.nz (identical):

SUMMARY

We could continue ad nauseam with many more examples, however I think you can see how our website including text, images, layout and our registered trademark have been appropriated for use on the ‘Cash4Gold’ website.

  1. Mr Kiss’ claims that “No pictures were used on the website whats (sic) are in the ownership of GoldSmart” is false.
  2. The claim that the ‘FastCash4Gold’ website was taken down due to personal reasons is more likely that they realize they have been caught and couldn’t honestly say they have not breached our copyright or the Fair Trading Act.
  3. Their statement that “We wish it is satisfactiory (sic) by you. In our opinion this matter is now concluded!” is not only arrogant but does not meet our requirements for redress.
  4. We suggest they consult a Barrister of the New Zealand Courts before challenging us to take the matter further. “If you wish to take it to Court, feel free to do so.” They have attempted to deceive New Zealand consumers into thinking their website is our website and we have evidence (as sampled above).

It’s our opinion that it’s clear from the above that ‘FastCash4Gold’ and Mr Balazs Kiss were alert to copyright issues but thought that those issues could be avoided if their new website “does not resemble to (sic) the original text”.

The fastcash4gold.co.nz website infringes Gold Smart’s copyright because it substantially reproduces our website notwithstanding that some minor changes have been made.  The layout, headings and much of the text/images have been copied almost identically.  Any changes that have been made are not significant enough to avoid infringing our copyright.

We will keep you updated on further developments.

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Wedding season

Spring is finally here, after the cold of the winter months… and so begins another exciting New Zealand Wedding season.

Choosing the right jewellery and accessories is an essential part of the details that make an unforgettable day. The items should be delicate and discreet and complement, never ‘overpower’ the dress. Keep an eye out for more wedding related posts as we progress through Spring and Summer.

We’ve found from experience with our customers that an easy way to obtain some extra money to help with expenses is to sell your old unwanted jewellery that has been forgotten in storage for ages. It gives us a great feeling to help couples facilitate the purchase of items for their very special day.

We at Gold Smart make selling your old jewellery an easy and fast process. You will be surprised how much you can get from selling unwanted gold and silver items, even broken items, and you’ll be glad you did!

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Is gold a bad investment?

Gold does not always shines, but you wouldn’t know that from surging worldwide interest that has turned the yellow metal red-hot.

Gold has become highly prized bling, as anxious and astute buyers alike, from hedge-fund players to central bankers, flock to the “currency of fear.”

Gold’s feverish run has made a lot of people a lot of money, and though the rally has taken a breather in the last few months, there’s no shortage of flag-waving supporters who claim gold is on a march to US$2,000 and beyond. After all, gold is still well below its 1980 peak, when it was worth around US$2,300 an ounce in today’s dollars.

Certainly there are reasons to own gold in a diversified portfolio. Yet gold isn’t like a stock or a bond. It offers no income, no dividend, and no earnings. It is considered a store of value, an alternative currency that’s safe beyond reproach, but it is not cash in the bank, or even the mattress. Gold has no untapped intrinsic value; it is worth only what people are willing to pay for it. And lately, many people have been only too willing.

Original Source

http://www.marketwatch.com/story/why-gold-is-a-bad-investment-2010-11-12

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EzyCash Gold Buyers Engaged in Copyright Infringement

Ezycash Loans and Gold Buyers, Panmure, Auckland – www.ezygoldbuyers.co.nz have been found illegally copying content from our website. “Ezycash Gold Buyers” based at 30B Jellicoe Road, Panmure, Auckland East, have taken text from our website, changed our company name to theirs and called the information their own.

See the below image for an example taken from their website showing copyright infringement by “Ezycash” of our website text and articles:

ezycash goldbuyers copyright theft

It’s disappointing when gold buying competitors decide to copy our original content and it has been mentioned before on our blog, yet this is the most blatant infringement of copyright we’ve yet seen from another New Zealand gold buying company.

Copyright infringement is a serious issue and one we consider dishonest, illegal and unethical. We have written to “EzyCash” to make them aware of our ownership of this content, and the appropriate responses expected.

This is the same company that offers to lend money at 360% interest per annum (so are we surprised?) – see their “Lending Terms & Conditions” for more details.

It’s quite hard to find any clear information about who “Ezycash Gold Buyers” are. Even with a search of the Companies Register and their website there is a lack of clarity as to the legal ownership of this business – very strange.

See here for an example of the various “EzyCash” entities that have been registered in New Zealand – Search the New Zealand Companies Office If you have any information about the ownership of www.ezygoldbuyers.co.nz website, we’d be keen to hear from you as we have a case to take further action against these mysterious individuals.

As Gold Smart customers will be aware, “Pawn Shops” are known know for being places that most people don’t like to go and there’s a very negative public perception about the type of business that lends money at predatory rates. You need to listen to your “gut” and if you feel uncomfortable then there’s probably a very good reason to avoid places that make you feel that way.

Be smart, ask around, check out our testimonials from customers that have already done the research for you and found Gold Smart to be the best choice.

EzyCash” decided that it was easier to copy our original content and ideas than to create their own.  Would you want do business with people like that? If someone is comfortable acting in this manner, what else are they capable of?

We have suggested all illegally taken content be removed immediately and will keep you informed as to “Ezycash’s” response to our notice to cease and desist from infringing on our copyright.

It’s our strong advice that gold sellers do homework on who are the legitimate, honest and reputable traders that exist in New Zealand.

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