Jan
23
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Jan
23
You will find that there is no better time than now for you to Sell Gold Jewelery. Would you know why? In case you have not heard the news, you have been hiding in a cave someplace, or you have been too preoccupied with obsessing due to all of the bad news pertaining to the economy these days to pay attention to the good news, the price of gold is on a meteoric rise at the present, valued at well above $1,000 per ounce. That is correct, you read correctly: You should be selling gold jewelry right now because it is valued at well over $1,000 per ounce!Gold has been constantly rising over the past ten years, hovering well above 20 percent each year, the only exception being a five percent loss in the year 2008. Even in the year 2009, gold has managed to rebound from the recession and rebound already, at a 23 percent increase from year 2008 levels!So what does that mean to owners of gold? It tells you that despite cyclical bubbles and busts, and the rise and decline of the dot coms, the boom and bust of real estate, the decline of the stock market, and the devaluation of the US dollar, all have proven to be extremely risky investment vehicles, the only stable investment vehicle throughout this entire period has been gold.So if you have been holding onto gold for some time, now would be a good time to cash it in, if you are in need of some money as a result of this global economic recession that we have all just been through.So where ought we be selling gold jewelry? To whom should we be selling gold jewelry to? How can you be certain that you earn the most lucrative value?These are all very important questions. The answer is two-fold:1. You should avoid selling gold jewelry to a retail operation, at a pawn-shop, at a jewelry exchange. Basically any type of direct-to-consumer retail operation is a terrible idea. Why? Because they are in the business of flipping gold. They desire to purchase gold from you for the purposes of of reselling it right away, and earning a profit during the process. They essentially gold brokerages and are seeking to earn commissions using the old buy low and sell high plan. So obviously, that they are be facing tight margins of profit and wouldn’t be able to offer you the price that you would be happy with.2. You should be reselling your gold directly to a gold refinery. Why is this the case? Because a gold refinery is in the business of procuring gold, melting it down, and remanufacturing the raw gold to other companies. There is no middle man. There is no flipping gold involved. They are able to offer a superior price for your gold because the margin of profit in this type of situation is higher. Therefore it makes for a winning solution that makes happy both the refinery and you.Gold remains a solid investment, and has remained so while we have seen the boom and bust of the dot coms, the housing bubble and burst, the stock market crash of the year 2008, and the devaluation of the dollar. So now is a better time than any to sell gold jewelry on the internet