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Wednesday 16 March 2011

DO NOT SELL YOUR GOLD - CASH FOR GOLD SCAM

Written By Anonymous:
Cash For Gold is a scam. The reason your local jewelry store, coin dealer, and that huge corporation on television want to pay you for your Gold is because Gold is projected by many to reach £1,200 (~$2,000 USD) per ounce by years end (2011). Even some lofty projections see Gold touching £3,000 (~$5,000 USD) in the next couple of years. Gold is also seen as a more stable investment than the stock market.

What does that mean? It means that those extra Gold rings or necklaces you have laying around will be worth A LOT MORE than what you paid for them in the next couple of years. And CERTAINLY WORTH MORE than what these Cash for Gold companies are offering to pay you. Many times these companies are offering well below (10% to 20%) of what the Gold is actually worth!

www.Kitco.com is a great site that disaplays live prices on Gold, Silver, Platinum and other precious metals.
http://www.kitco.com/market/bp_charts.html (Live Prices in Pound Sterling)
http://www.kitco.com/market/ (Live Prices in United States Dollar [USD] )

Silver is also on pace, in many experts opinions to reach £30 to £60 ($50 to $100 USD) per ounce this year, and higher in the next five years. Also Platinum is trading at record highs currently.

It is our advice to you to hang on to your Gold, Silver, Platinum and other Precious Metals. These commodities are projected much stronger than most currencies in the World like the USD which many predict could collapse in the next few years. Please alert family members and friends that Gold is rising at a fast pace, and is WORTH MUCH MORE than what they could get by selling it to a jeweler or Cash For Gold shark. If you really need the money try to sell the Gold, Silver, or Platinum on the private market to an individual buyer through a classified ad or internet site. You will get what it's worth there!


Thank You, and hang on to your Precious Metals.




 (Legal Disclaimer: We Do not claim to be financial experts, we are just bringing the info to you, please use your best judgment in all aspects of your finances.)

1 comment:

  1. Thanks for sharing the information, it is realy good for those who want to buy or sell there Gold, Diamond and Jewellery in Canada. Now a days it’s too easy to deal with Cash for Gold Canada

    ReplyDelete