The Gold for Cash Scam

Feeling rich? Gold is over $1000 an ounce. So, if you hold on to your gold you could have some extra assets to hold on to, that is, if you don’t fall into the scam of selling your gold for cash.

It's so simple, that you won't care you're being ripped off!

I think every second commercial on TV is some company wanting to buy your gold for the “highest amount”. Are you going to get the current price of gold? No. How about $1000 an ounce? No. Try a small percentage. There is no profit in being honest and fair with you.

Maybe you will get a quarter or at the most half of what your gold is worth. Why? Well, with the economy going the way it is, these predators are hoping that you inherited some gold, or have gold you got as a gift, and gold that you don’t wear, mixed with being naive about the whole concept, and ignorant as to what your gold is really worth.

I guess if you’re being sucked into something like this, it’s probably because you need some extra money to fund your drug habit, and selling your mothers earrings seem like a great idea, because even though they are worth $500, you only need $20 to get high, and $40 seems like an awesome deal.

It’s a win/lose situation.  They win, you lose.