Thanks for your replies. I have been feeling a bit under the weather, please forgive my silence. I found this.
http://www.needledoctor.com/Technics-Ground-Wire. What do you think of this? If this works, how do I connect this? I also checked out the phono-preamps, looking at those prices I might as well buy another turntable. I have had this turntable for a long time and it did work without me buying a phono preamp. It never got a humming sound.
Thanks.
You HAVE to HAVE RIAA correction. There are lots of preamps at the Needle Doctor for less than $100. A new turntable will need RIAA correction unless you buy one with a phono preamp built in, most don't have. Without RIAA correction LPs sound awful, plus you have to advance the volume and get hum. I doubt a grounding lead will solve you problem. You can easily test to see if it will stop the him. Get any piece of wire. Touch it to the turntable chassis and the metal of your receiver case. If that does not do it, then touch the wire from arm base to receiver chassis. If the hum does not stop with either of those then the grounding wire will not stop it either.
Do you have a multimeter? If so check the continuity of the grounding from cartridge pin connectors to the RCA output jacks. Also check that the arm is grounded to the jacks.
I suspect in addition to you having improper gain and no RIAA correction, you have a ground interruption from one of the two cartridge grounding pins, the pickup arm, the turntable chassis or a combination.
LPs can sound very good, but you have to do it right.