December 2nd, 2009
Is it worth selling your broken jewelry to a CashforGold company
Considering the latest condition of the world economy and the continuous increasing upward rise in gold and silver prices , it is no wonder people are getting out their broken gold and silver jewelry and are pawning them to cash 4 gold brokers as a method to find some spare income to pay down some bills in an effort to make future bill payments. Maybe you are experiencing the same situation you will need to cautiously do your investigative work before unloading your unwanted jewelry to just any gold buyers for the reasons that there is a large number of unethical cash for gold companies in the gold buying industry who will without conscience prey on your financial situation and reward almost nothing for your gold. Even though this practice isn’t a scam, it is however, very wrong and I want to inform those of you who might be thinking of trading your unwanted unwanted jewelry to be sure to refrain from dealing with gold buyers that are posing as gold brokers and to do business only with precious metal refineries or cash for gold companies that own their own personal precious metal refineries The truth, cash for gold buyers are doing nothing more than acting as brokers between you and a metal refiner and as a result they will reward you about 30% of the true value for your gold jewelry and turn around and unload it directly to a gold buyer themselves and they will be keeping the lions share and in turn you receive a few lousy bucks. In recent days, Fox news put together a kind of undercover operation, where they delivered three exact items of gold jewelry to three individual gold buyers and waited for their check and while all of the companies did in fact deliver a check for the old gold, only one of those cash for gold buyers actually paid the real value of their gold while the other two companies payed about 30% of today’s current value. The 2 businesses that that payed 30% of the real value were acting as a go-between while the third cash for gold company that payed the current market value did utilize their own gold refinery, so it is customer beware in this business and I absolutely suggest that you do your part before parting with old gold or silver jewelry
