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.

A short while ago, Fox news implemented a sort of undercover sting, in that they delivered 3 exact pieces of gold jewelry to 3 separate precious metal businesses and waited for their check and while all of the gold buyers did in fact give them a pay out for the used jewelry, only one of those cash for gold businesses actually paid the current market value while the other cash for gold companies payed out one third of today’s true value .

The two cash for gold companies that that payed out 1/3 of the market value were acting as a middle man while the third cash for gold company that payed the most value did have their own gold refinery, so it is seller beware in this industry and I absolutely suggest that you do your homework before unloading your used gold jewelry so that you shouldn’t fall prey to the cash 4 gold scam

let’s say you are experiencing the same situation you will need to carefully do your investigative work before trading your precious metals to just any gold buyers in that there are an ever increasing number of scam cash for gold companies in the precious metal buying business who won’t hesitate to prey on your desperate situation and reward very little for your gold.

The fact that this practice may not be fraudulent by definition, it is in any case, not in your best interest and I want to warn those of you who are considering selling your old gold, silver or platinum to be sure to refrain from dealing with gold buyers that are acting as gold brokers and to do business only with metal refineries or cash 4 gold buyers that institute their own personal metal refineries

The truth is, cash for gold buyers are simply acting as a go-between, between you and a precious metal refinery and because of that they will reward you approximately 30% of the true value for your gold or silver jewelry and easily sell it back to a precious metal dealer themselves and they will be obtaining the larger share and in turn you receive a couple measly bucks.

Not so long ago, Fox news conducted a sort of undercover operation, in that they sent in 3 exact pieces of gold jewelry to 3 individual cash for gold dealers and waited for their payout and while all three businesses did in fact forward a payment for the used gold, only one of those companies actually submitted the real value of their gold while the other cash for gold companies payed about 30% of today’s current market value.

The 2 gold buying companies that that payed out 1/3 of the market value were acting as a middle man while the third cash 4 gold business that payed the true value did own their own precious metal refinery, so it is seller beware in this industry and I absolutely suggest that you do your research before parting with used family jewelry so that you should not fall for the cash 4 gold scam

If you are experiencing the same situation you will want to carefully do your research before unloading your precious metals to just any gold buyers in that there is a huge increase in the number of scam gold brokers in the gold buying industry who will without conscience take advantage of your desperate situation and reward almost nothing for your gold, silver or platinum jewelry.

The fact that this behavior isn’t illegal, it is in any case, immoral and unethical and I am here to inform those of you who might be thinking of parting with your broken unwanted jewelry to be certain to refrain from dealing with gold buyers that are acting as middle men and to conduct business only with metal refineries or cash 4 gold companies that have their own personal metal refineries

The truth is, cash for gold companies are nothing more than a go-between, between you and a precious metal refinery and as a result they will reward you approximately 30 percent of the true value for your fine jewelry and turn around and sell it back to a gold refiner themselves and they will be obtaining the largest share while you receive a couple lousy dollars.

In recent days, Fox news put together a sort of undercover operation, where they delivered three exact items of gold to three individual cash for gold dealers and waited for their payout and while all three companies did in fact deliver a check for the unwanted gold, only one of those cash for gold companies actually submitted the real value of their gold while the other two companies payed about 30 percent of today’s true value .

The 2 gold buyers that gave so little were acting as a middle man while the 3rd gold buyer that payed the most value did have their own precious metal refinery, so it is consumer beware in this industry and I absolutely recommend that you do your research before selling your broken precious jewelry so that you do not fall prey to the cash for gold scam

If you are in the same situation you will need to methodically do your investigative work before unloading your unwanted jewelry to just any gold buyers because there is a large number of unscrupulous cash for gold companies in the gold buying industry who will without conscience take advantage of your financial situation and reward a small percentage for your precious jewelry.

I realize that this practice may not be a scam, it is however, not in your best interest and I feel obligated to make it known to those of you who may be considering selling your defective unwanted jewelry to be sure to refrain from dealing with businesses that are acting as gold brokers and to conduct business only with metal refineries or gold buying companies that utilize their in-house metal refineries

The truth is, cash for gold companies are simply acting as a go-between, between you and a gold refinery and as a result they will reward you in the area of 30 percent of the market price for your gold, silver or platinum and instantly unload it directly to a precious metal dealer themselves thereby pocketing the largest share and in turn you keep a few measly bucks.

Recently, Fox news implemented a sort of undercover sting, where they brought in 3 exact same amounts of jewelry to 3 separate precious metal dealers and waited for the payment and while all of the gold buyers did in fact forward a payment for their broken gold, only one of those cash 4 gold companies actually paid the true value while the other cash for gold companies payed approximately 30 percent of the current value.

The two cash for gold companies that that payed out 1/3 of the market value were acting as middle men while the third gold buyer that payed the real value did in fact own their own metal refinery, so it is customer beware in this industry and I surely recommend that you do your research before selling your unwanted gold or silver jewelry so that you do not fall for the cash for gold scam