Time to Buy Gold after the 5% fall discount

Matthew Grossman, Chief Equity Market Strategist, Adam Mesh Trading Group believes the 5% fall in gold prices overnight presents an attractive buying opportunity.

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Gold provides no yield because it has no counterparty risk

JAMES TURK : Yes, gold doesn't provide yield because it doesn't have counterparty risk. If you want to put your gold at risk and lend it to someone you can generate yield on that. So right now people don't want that counterparty risk because they don't know whether their gold is going to be returned or whether the euro's they haven't deposited in their bank is going to be returned, if the bank goes belly-up, or the purchasing power of the euros they put on deposit will be returned because of inflation as a result of all the quantitative easing and money printing that's going on around the world. So you can't really look at some of those "straw man" arguments against gold because they don't think they carry any weight. The more important thing is what's been actually happening in over the last 11 years - the gold price has risen in US dollar terms at an average annual rate of appreciation of 17%. Now have you been earning 17% on your dollar deposits or euro deposits every year? You haven't and so gold is going to become more and more attractive as people understand that gold is still undervalued and still very much useful, and you know, valuation is more important than price. They are different things - as long as an asset is undervalued you should continue to accumulate it and by all my historical measures, gold is still undervalued. - in mineweb

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Tie One On! Upcycled and Repurposed Neckties

As all clothes do, neckties go in and out of style over time, so they are often donated to goodwill shops or given away to friends or family who might find a use for them. Other times, we may find ourselves the inheritor of ties when a loved one passes on. 

What do you do with those ties? Why not upcycle them into something brand new or create a unique memory craft in honor of a loved one? Check out this collection of ties that have been upcycled into unique, new items. 

Obi style belt made from recycled men's ties by Senseless Art

Mirrors decoupaged with silk neckties by Podged via Etsy (above and below)

Victorian Steampunk skirt by Krisztina Lazar via Etsy

Chair with woven tie seat by Mag Ruffman 

Check out her wonderful DIY tutorial here

Silk "Tie" dyed eggs DIY instructions by Katie at Foxflat

Recycled necktie camera strap

Button bracelet made with recycled neckties from Annett Malone via Etsy

Annette also makes beautiful clutches with neckties (below)

Available in her Etsy shop Ascothandbags

Sweet upcycled men's tie and dress shirt by Erin Stevens via Etsy

This Gypsy Rose Necktie Bag by Laura at Rickrackruby has great Boho flair!

Woven recycled ties chair by Peter Raphael Russo

Awesome necktie hair bands (above and below) by Nancy Gamon via Etsy

Lampshade made from recycled neckties by Nancy Gamon
You can visit Nancy's Etsy shop here

Cool upcycled necktie vest by Ragz Design House "Ex-boyfriend collection"

Recycled necktie quilt by Quilts by Kate
Click here to read about her process for making this quilt.

These are so unique! Upcycled tie necklaces with DIY tutorial from  Artstar by Althea

Crazy quilt style necktie pillow with DIY instructions from Carol Sews

Recycled tie wreath via Good Housekeeping

Fabulous woven tie memory quilt by Rayela Art

Detail of tie weaving by Rayela Art

Read the full story on this wonderful piece here

Necktie headband DIY instructions from A Red Ribbon

Sweet apron made from recycled neckties and fabric by Michelle Claire Textiles

Necktie ottoman by Meg Jewell

This necktie t-shirt is done just right! DIY tutorial from McKell's Closet

Cute necktie daisy pins by Rickrackruby with DIY instructions 

  Steampunk necktie dress by mercifulmaenad DIY instructions

A final note...

I had to share these beautiful Tangled Forest and Fox neckties from Michael Phipps via Etsy

Check out Michael's Etsy shop Scatterbrain Ties for more awesome artistic ties! (above & below)

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Upcycled Dressers: Painted, Wallpapered, & Decoupaged

What better way to recycle an old piece of furniture than to upcycle it into something brand new? Check out these great examples from some folks who have done just that with dressers and chests of drawers. With some paint, stencils, decoupage and a little imagination, you too can create your own custom furniture masterpiece!

Painted and stenciled dressers...



Hot air balloons

Tree dresser by aoneko. Created with painter's masking tape.

You can never go wrong with red. I love the shiny finish. by Apartment Therapy

Billiard inspired chest






Turquoise with gray

Graduated colors on the drawers give this piece a polished look

Reverse stencil painted dresser with DIY instructions by Pieces of Me via flor.com

This vintage dresser was repainted a serene shade of green. by Country Living

Wallpapered dressers...

Wallpaper covered dresser by Bryoine Porter

by Bryoine Porter

Wallpapered dresser by picnicsunderthemoon

Camoflauged! 




This dresser (above and below) was etched. Awesome! via IKEA Hackers





Decoupaged dressers...

Decoupage dresser with DIY instructions by Annie Sloan

Botanical decoupage with DIY instructions from Martha

Decoupage book pages with Eiffel Tower motif. Would look great in sheet music too.

Map decoupage from Country Living

Decoupage with family photos DIY instructions from seekatesew

Yay for metallic finishes!

Chevron dresser design created with painter's masking tape. DIY by Twice Lovely

Bird and branch design dresser by chichistudio

Another variation of the popular bird & branch motif by gypsy barn

Bright & patterned = focal point of the room

Black and white

Scroll painted design

Eclectic purple

DIY instructions from janiphotography

I love this chest of drawers by junkdrawerdivas

Not a new dresser but a great repainting idea. 
Black on black: Paint dresser with matte black paint and then stencil on design with gloss black paint.

Another great piece by junkdrawerdivas on etsy Vintage... Love the colors! (above and below)

Use a vintage dresser used as a sideboard or buffet

The perfect combination: turquoise and red via etsy

Brightly painted drawers in different colors are perfect for a child's room

This ornate vintage dresser has been painted a regal shade of blue

Reclaimed wood dresser

Handpainted 

Drawer Details....

Old car door handles and window handles as dresser drawer pulls

Awesome salvaged drawer dresser by Elemental
(above and below)

Use leftover wallpaper to line drawers

Wallpaper lined drawers. (This is the green dresser shown above)

Drawer lining paper (or old wall paper or fabric) isn't just for the inside bottoms of drawers. Get this look by decoupaging the paper to the sides of the drawers.

Coordinate drawer lining to dresser color. Fabric drawer liner DIY instructions from blueyedyonder

Mod Podge decoupage medium for paper or fabric

Dollhouse made from old dresser drawers. DIY instructions by nicegirlnotes



Have you done a project like any of these?

What do you think? 

Like this post? You might also enjoy: 

Fresh Ideas for Repurposing Dressers

Old Furniture Upcycled Into Dollhouses & Play Kitchens

Check out my new DIY jewelry instruction book!

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