Quotes Shark

You will find that there is no more appropriate time than now to be selling gold jewelry. Do you want to know why? Unless you haven’t heard the news, you have been hiding under a rock someplace, or you’ve been too preoccupied sulking due to all of the negative news about the economy nowadays to listen to the good news, the price of gold is ever increasing as of this writing, worth well over a grand per ounce. That is correct, you read correctly: You ought to be selling gold jewelry now due to the fact that it is valued at well over one thousand dollars per ounce!

Gold has been on a consistent rise over the past couple of decades, staying well above twenty percent each year, the sole exception being a five percent decline in 2008. Even in the year 2009, gold managed to rebound from the recession and rebound already, at a 23 percent increase from 2008 levels!

So what does this mean? It tells you that while cyclical bubbles and busts, and the rise and decline of the dot coms, the boom and bust of real estate, the near-collapse of the stock market, and the devaluation of the US dollar, all have proven to be extremely risky investments, the only stable investment through this entire time has been gold.

So if you have been in possession of gold for some time, now would be a perfect time to cash it in, if you are in need of some cash as a result of this economic recession that we have all just been through.

So where should you be selling gold jewelry? Whom should we be selling gold jewelry to? How can one be certain that you get the highest amount?

These are all extremely important questions. The answer is two-fold:

1. You should avoid selling gold jewelry to a retail operation, a pawn-shop, at a jewelry exchange. Really any type of customer-focused retail operation is a bad idea. Why? Because retail stores are in in business for buying and reselling gold. They wish to buy gold from you for the purpose of of reselling it immediately, and earning a profit during the process. They essentially gold brokerages and look to earn commissions using the classic “”buy low to sell high” plan. So quite naturally, that they are be facing tight profit margins and would not be open to offer you as much as you would like.

2. You really should be reselling your gold directly to a gold refinery. Why? It is because a refinery of gold does business by acquiring gold, melting it, and redistributing the gold raw material to other businesses. There is no middle man. There is no flipping gold involved. They can offer you a more competitive price for your gold due to the fact that the profit margin in this type of situation is higher. Therefore it creates a win-win solution that satisfies both you and the refinery.

Gold is a solid investment, and has continued to remain so while at the same time we have seen the rise and fall of the dot coms, the housing bubble and burst, the market crash of 2008, and the devaluation of the dollar. So there is no better time than the present to be selling gold jewelry

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