Saturday, November 8, 2008

Gold v Dollar - Sell to Cash4Gold

Last week, the Chicago Tribune ran an article entitled “Dollar: Good as gold?”. The article explained that until April 15, 1971, the U.S. dollar was “as good as gold”. Gold had been banned for private ownership in the U.S. – with few exceptions – from 1933 to 1971.

In 1971, gold again became legal for possession by U.S. citizens as world currencies began to operate on floating market rates.

In the late 1970s, people started measuring the “money supply” with inflation. The dollar began to have its worth determined by commodities like gold and oil, hence the “gold as a hedge against inflation” status that investors have taken for the past thirty-five years. This has been evidenced in recent months as the dollar has fallen and gold has risen.

With the struggling economy, gold has again become an investor’s safe haven and as a result, gold prices have soared. At Cash4Gold we guarantee 100% customer satisfaction. We received the following review from one of our customers last month:

Dear Cash4Gold:

I want to say that I was very pleased with my service from Cash4Gold. I got on the phone with customer service and was treated with incredible respect. I was very pleased with the amount. After first being cautious about the whole process Cash4Gold made a satisfied customer out of me.

Thanks again

~Melissa S., Iowa

Visit us today at Cash4Gold to sell your old gold jewelry!

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