Archive for December, 2009
Will you be scammed if you sell your gold, silver or platinum to a dollars4gold website
When you consider the actual state of the North American economy and the continuous increasing rise in gold,silver and platinum prices , it is necessary that people are bringing out their damaged gold and silver jewelry and are getting rid of them to cash 4 gold buyers because they need to make some spare money to pay off some extra debts and to make ends meet.
Assuming you are in the same situation you will want to methodically do your homework before trading your gold,silver or platinum to just any gold buyers for the reasons that there is a huge increase in the number of unethical companies in the precious metal buying industry who will without conscience take advantage of your desperation and give very little for your gold and silver.
Although this way of doing business may not be fraudulent by definition, it is however, totally wrong and I want to make it known to those of you who may be considering exchanging your used gold or silver to be certain to refrain from dealing with companies that are acting as gold brokers and to do business only with refineries or gold buyers that institute their in-house refineries
The truth is, gold buyer are nothing more than middle men between you and a precious metal refinery and because of that they will give you in the area of 30 percent of the actual value for your gold and instantly resell it directly to a gold buyer themselves thereby keeping the largest share and you get a few measly dollars. (more…)
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