12/07 Should you sell your old gold to a dollars4gold broker
Because of the latest state of the North American economy and the ever increasing rise in gold prices , it is no wonder people are rooting out their old gold and platinum jewelry and are unloading them to cash for gold industries as a method to make some spare cash to get rid of their extra financial woes as a way to make their next mortgage payment. If you are experiencing the same situation you will need to methodically do your research before distributing your gold or silver to just any gold dealers in that there is a huge increase in the amount of unethical companies in the precious metal buying business who won’t hesitate to take advantage of your financial situation and reward very little for your gold. I realize that this behavior isn’t a scam, it is in any case, totally wrong and I want to warn those of you who might be considering selling your outdated jewelry to be certain to refrain from dealing with gold buyers that are posing as middle men and to conduct business only with metal refineries or gold buyers that utilize their in-house metal refineries The truth, cash for gold buyers are simply acting as middle men between you and a metal refiner and because of that they will reward you approximately 30% of the market price for your gold and easily resell it back to a gold buyer themselves thereby keeping the larger share while you keep a couple measly bucks. Recently, Fox news implemented a sort of undercover sting, in that they sent in 3 exact same items of jewelry to 3 individual precious metal buyers and waited for their payout and while all three gold buyers did in fact send a check for their broken gold, only 1 of those cash for gold businesses actually paid the current market value while the other two companies payed out one third of the current value. The 2 businesses that fell short were acting as middle men while the 3rd cash for gold company that payed the most value did in fact own their own on site refinery, so it is seller beware in this business and I highly suggest that you do your utmost before parting with old gold, silver or platinum jewelry