Friday, February 22, 2013

Rating Local Gold Companies (Article)


I have been asked to do a report on the local companies that buy gold.  I have procrastinating because I feel this is an old subject but it seems like it is still going strong. 

Before I list the companies of my preference, I would like to say that there is still a strong air in
America that this recession is not over.  Gold pricing typically follows the economy but to the opposite extreme.  When the dollar is up, the gold rate is down and vice versa.  Is it time to sell?  I think yes. 

Pricing has fallen in the last year and although it looks like the recovery is far off, gold prices are correcting slowly.  Get the most for your valuables.

The question you are asking now is, “How do I get the most for my gold jewelry or gold coins?”  Since a refinery requires you to have a license to sell your gold, they are not an option.  Pawnshops are not set up to deal with gold as a best option.  Jewelry stores overhead is so high they cannot pay well.  The only viable place to sell gold for a good payout is metal recyclers.  The few rated below are my findings.  There were others but they were just terrible.


Cash 4 Gold:                                                   ★★
Executive Bullion:                                         ★★★
Fort Myers Diamond and Gold Exchange:   ★★★
www.goldsolutionsoffortmyers.com:           ★★★★★
The Gold Shack:                                             ★★★★
Gulf Coast Coin:                                             ★★

Reese J.

No comments:

Post a Comment