Feb
19
Feb
19
There is no better time than now to be Selling Gold Jewelery. Do you know why? In case you have not heard the news, you’ve been hiding in a cave somewhere, or you’ve been preoccupied obsessing over all of the bleak news in the economy nowadays to listen to the good news, the price of gold is on a rise as of this writing, valued at well over one thousand dollars per ounce. That’s right, you read correctly: You ought to be selling gold jewelry now because it is valued at well over one thousand dollars per ounce!Gold has been on a consistent rise over the past decade, staying well above 20 percent each year, with the sole exception being a five percent loss in 2008. Even in the 2009, gold managed to recover from the recession and climb back up again already, at a 23 percent increase from its 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 rise and fall of real estate, the decline of the stock market, and the devaluation of the US dollar, all have proven to be altogether risky investments, the only stable investment vehicle throughout this entire period has been none other than gold.So if you have been holding onto gold for some time, now would be a perfect time to cash in on it, if you are hard up for some cash as a result of this recession that we have just been through.So where ought we be selling gold jewelry? To whom should we be selling gold jewelry to? And how can we be sure that you redeem the highest value?These are all very important questions. The answer is two-fold:1. You should avoid selling gold jewelry to a retail operation, a pawn-shop, or jewelry exchange. Essentially any type of consumer retail shop is a bad idea. Why is this the case? Because they are in in business for buying and reselling gold. They desire to procure gold from you with the intention of reselling it straight away, and earning money in the process. They essentially gold brokerages who are looking to earn commissions using the old buy low to sell high plan. So obviously, they would be be faced with narrow profit margins and would not be able to offer you the price that you would be happy with.2. You should be selling your gold to a gold refinery. Why is this the case? Because a gold refinery is in the business of obtaining gold, melting it down, and redistributing the raw gold to other companies. There is no middle man. There is no flipping gold involved. They are able to offer a better price for your gold since the profit margin in this particular situation is much greater. So it creates a winning solution that satisfies both you and the refinery.Gold remains a rock solid investment, and has remained so while 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 now is the best time to sell gold jewelry on the internet