Will you get a fair price if you sell your gold to a dollars for gold broker

IRS Mileage Deduction

When you consider the latest state of the world economy and the forever increasing upward rise in precious metal prices , it is apparent why people are digging out their old gold and platinum jewelry and are getting rid of them to cash 4 gold refineries because they need to find some more dollars to lower some financial woes in an effort to get out of debt.

let's say you are in the same situation you will be wise to cautiously do your research before distributing your gold jewelry to just any gold dealers in that there is a huge increase in the amount of unscrupulous cash for gold companies in the gold buying industry who will gladly prey on your financial situation and give a small percentage for your precious metal.

Although this behavior may not be a scam, it is however, immoral and unethical and I am here to tell those of you who are thinking of getting rid of your unwanted gold, silver or platinum to be certain to avoid gold buyers that are acting as middle men and to conduct business only with metal refineries or cash 4 gold buyers that institute their own metal refineries

The fact is, gold buyer are simply acting as middle men between you and a metal refiner and because of that they will give you approximately 1/3 of the true value for your gold and easily unload it back to a gold buyer themselves thereby obtaining the larger share while you get a couple measly dollars.

In recent days, Fox news put together a sort of undercover sting, in that they submitted 3 replica items of jewelry to 3 separate cash for gold dealers and waited for their payout and while 3 of the companies did in fact send a check for the broken gold, only one of those cash for gold buyers actually submitted the true value while the other 2 gold buyers payed out 1/3 of today's real value.

The 2 gold buyers that that payed 30% of the real value were acting as middle men while the 3rd cash for gold company that payed the real value did utilize their own precious metal refinery, so it is seller beware in this industry and I surely recommend that you do your part before trading in your old gold, silver or platinum jewelry so that you should not fall prey to the cash 4 gold scam