excelsiorbiz.com

When you take into consideration the present condition of the US economy and the forever increasing spike in gold and silver prices , it is apparent why people are rooting out their broken gold and silver jewelry and are pawning them to cash 4 gold industries as a way to make some extra income to lower some bills in order to meet their next payments.If you are in the same situation you will be wise to cautiously do your homework before unloading your gold,silver or platinum to just any gold dealers because there is a large number of unscrupulous companies in the precious metal buying industry who will happily take advantage of your desperation and give very little for your jewelry.Even though this way of doing business isn’t a scam, it is in any case, immoral and unethical and I want to make it known to those of you who are thinking of getting rid of your used unwanted jewelry to be sure to refrain from dealing with businesses that are posing as middle men and to conduct business only with gold refineries or cash 4 gold buyers that own their own personal gold refineriesThe truth is, cash for gold buyers are being brokers between you and a gold refinery and therefore they will give you approximately one third of the market price for your fine jewelry and easily resell it back to a gold buyer themselves therefore obtaining the larger share and in turn you keep a couple lousy bucks.Not so long ago, Fox news put together a sort of undercover sting, in that they submitted 3 replica amounts of gold to 3 separate precious metal companies and waited for their payout and while all of the companies did in fact send a check for the broken gold, only one of those cash 4 gold companies actually gave the real value of their gold while the other two companies payed out one third of today’s current market value.The 2 gold buying companies that gave so little were acting as middle men while the third gold buyer that payed the current market value did in fact own their own in-house refinery, so it is consumer beware in this industry and I highly suggest that you do your part before trading in your broken gold, silver or platinum jewelry so that you don’t fall prey to the cash 4 gold scam