Should you trade your broken jewelery to a dollars 4 gold company

 

When you consider the current state of the American economy and the continuous increasing surge in precious metal prices , it is apparent why people are digging out their damaged gold jewelry and are getting rid of them to cash 4 gold refineries because they need to acquire some extra income to lower their financial woes and to make ends meet.

 

Maybe you are in the same situation you will be wise to cautiously do your homework before distributing your unwanted jewelry to just any gold brokers because there is a huge increase in the amount of fraudulent gold buyers in the jewelry buying industry who will gladly take advantage of your desperate situation and pay almost nothing for your jewelry.

 

I realize that this way of doing business may not be fraudulent by definition, it is in my opinion, immoral and unethical and I am here to make it known to those of you who may be considering trading your unwanted gold, silver or platinum to be certain to avoid companies that are acting as middle men and to deal only with metal refineries or gold buying companies that own their own gold refineries

 

The truth is, cash for gold companies are simply acting as a go-between, between you and a metal refiner and because of that they will reward you approximately 30 percent of the market price for your fine jewelry and instantly sell it back to a gold refiner themselves therefore keeping the lions share and in turn you keep a couple measly bucks.

 

In recent days, Fox news put together a sort of undercover sting, where they submitted 3 exact pieces of jewelry to three individual cash for gold companies and waited for their payout and while all of the companies did in fact forward a payment for their old jewelry, only one of those companies actually submitted the current market value while the other two companies payed about 1/3 of the current value.

 

The two 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 current market value did own their own metal refinery, so it is customer beware in this business and I absolutely recommend that you do your research before selling your broken gold jewelry so that you won’t fall prey to the cash 4 gold scam