Two Massive Trends Collide! Precious Metals And Penny Auctions

BidWealth.com Enters the Penny Auction Scene Allowing Customers to Purchase Pure Gold and Silver for PENNIES ON THE DOLLAR. End Quote

We understand that a lot of the participants in penny auctions are re-selling the items for a profit

(1888PressRelease) July 15, 2011 - You can hardly turn on the TV anymore without hearing some celebrity telling you; you NEED to purchase Gold and Silver. We all know that precious metals are a safe haven asset; we do not need to hear some actor tell us this. The problem most of us have in purchasing Gold and Silver is the cost to do so. Enter BidWealth.com
BidWealth.com launching July 25 2011 is a penny auction DEVOTED to tackling that very issue. Rather than $1500.00 ++ an ounce for Gold, how does $20.00 an ounce sound?

Penny Auctions exploded onto the internet about 2 years ago. The savings are perhaps what drive most penny auction participants into the bidding action. With each bid, a participant will alter the take home price, and extend the bid end time to give others an opportunity to answer. Sniping, a technique loathed in the traditional online auction marketplace, will not work in penny auctions because the act of placing a bid extends the bidding end time. Last second bids are a thing of the past.

Despite the fast and furious action taking place during penny auctions, the results are tangible and the savings substantial. Often, highly prized items, particularly electronic products and now Gold and Silver are won at a total take home price that is much better than any special offer available elsewhere. The incredible savings have naturally spawned a cottage industry of entrepreneurs that bid and sometimes win items they resell on sites like Craig's List or eBay. "We understand that a lot of the participants in penny auctions are re-selling the items for a profit," Adam Kanter media consultant for BidWealth.com stated. "The problem they run into with PRODUCTS is, let's say you score a $1000.00 flat screen or $500.00 iPad, you CAN'T compete with Wal-Mart and Best Buy, you are not going to sell it for NEAR retail. Gold and Silver have a TRUE VALUE. $1000.00 in Pure Gold or Silver is WORTH $1000.00 whether you're in Peoria IL, or Outer Madagascar, it's WORTH its market value, unlike STUFF."

"We are nearing our launch date, and the anticipation has been mounting ever since we announced that we were going live. The participation in our pre launch festivities has been overwhelming to say the least, and we look forward to a successful opening, as we strive to provide all the requisite services in our quest to be the most profitable penny auction site for our users," said Adam of BidWealth.com.

With this new model for a penny auction users stand to profit enormously. Gold and Silver represent an incredible investment when purchased at market value. The opportunity to, for the first time in history, purchase precious metals for over 90% UNDER current market value presents bidders with unheard of investment potential

About:

BidWealth.com is poised to launch on July 25 2011, and when it opens its doors, it will auction off loads of coveted Pure Gold and Silver.

###

Visit Bid Wealth Inc Website

space