When you consider the live state of the American economy and the ever increasing rise in gold,silver and platinum prices , it is no wonder people are rooting out their old gold and platinum jewelry and are pawning them to cash 4 gold refineries as a way to come up with some more dollars to pay down some extra financial woes to to make their next mortgage payment.
If you are experiencing the same situation you will be wise to cautiously do your investigative work before unloading your precious metals to just any gold dealers because there is a large amount of unscrupulous cash for gold companies in the precious metal buying industry who will gladly prey on your desperation and give almost nothing for your gold, silver and platinum.
Although this way of doing business isn’t a scam, it is in any case, totally wrong and I feel it necessary to warn those of you who may be thinking of getting rid of your old gold jewelry to be certain to stay away from gold buyers that are acting as middle men and to deal only with precious metal refineries or cash 4 gold businesses that utilize their own personal precious metal refineries
The fact is, cash for gold companies are doing nothing more than acting as middle men between you and a metal refiner and because of that they will give you in the neighborhood of one third of the value for your gold jewelry and turn around and unload it directly to a gold buyer themselves and they will be obtaining the larger share while you get a few measly dollars. (more…)