Postal Worker Tries to Sell Stolen Gold...

A Detroit-area postal clerk was accused of attempting to sell stolen gold to a pawnshop right before Christmas.

The AP reported that the postal clerk had attempted to sell the stolen gold back to a pawnshop that had initially mailed the package. The package was mailed by G&S Pawn Shop from Mount Clemens to Ann Arbor. The package contained melted-down gold, gold dust and gold filings. The following day, the postal worker attempted to sell the gold back to the pawnshop’s owner, who identified the stolen gold as the mailed gold from G&S.

The postal worker has been released on a $10,000 bond and has been placed on unpaid leave by the USPS.

There are legitimate ways to sell your gold for cash! Visit Cash4Gold.com to learn how to sell your old or broken jewelry for cash! Mail your gold in our insured packaging and receive gold quickly!

Gold Found in Jerusalem...

CNN recently reported that a group of Israeli archaeologists have recently found rare gold coins in Israel.

The 264 gold coins were discovered by a British archaeological volunteer on a dig in Jerusalem National Park. The coins have been taken over by the Israel Antiquities Authority. The volunteer will not be allowed to take he findings out of the country.

The ‘hoard of gold coins’ are from the 7th century Byzantine period and are 1,400 years old. The collection is described as “one of the largest and most impressive coin hoards ever discovered in Jerusalem”, by those directing the excavation. The coins were discovered in a collapsed building in the Giv’ati car park in the City of David below walls of the Old City of Jerusalem. It is believed that the coins were hidden in the walls of the building, and when the building collapsed, the coins were piled and mixed with debris. The coins bear likeness to Byzantine emperor, Hercalius. The excavation is in its early stages at this time….Click here to read the article in its entirety.

Visit Cash4Gold to learn about our company, and how to get the most cash for your gold. Sell your gold today at Cash4Gold.com. We accept old, broken and scrap gold! Check out the prices we pay!!!

Gold Topped Currencies in 2008

It was reported last week that “Gold Topped All Currencies in 2008”.

The Federal Reserve has made inflation on the rise with the lowest Fed funds rate ever in the US. Fears of hyperinflation are rampant.

This instability is indicative of higher gold prices in the long term as investors seek gold as a safe haven. Gold is 15% lower than the March 2008 high, but has surged 60% in the past 7 months. Gold remains higher than all major currencies, including the US dollar and is one of few asset classes to have increased in 2008…..

Cash in on high gold prices!!! Sell your gold to Cash4Gold! Visit our website at www.cash4gold.com to learn about our company, the prices we pay for your old and scrap gold and learn how to get extra cash for your gold jewelry!

Investors Looking to Cash in on Gold Security

Last week, Reuters completed an article entitled “Nervy investors spur rush at Swiss gold refiners”.

Apparently, the Swiss refineries cannot work fast enough to meet the demand from the nervous rich who are ordering gold and gold bullion bars, switching their assets into something that is holding value.

Switzerland has some of the largest refineries around the world, and
production is at 30 year highs with demand outweighing production. It is widely assumed that the weaker dollar will send gold’s price higher. The current wait time for gold bars is a month and six to eight weeks for coins or ingots.

Now is the time to sell your gold! Visit Cash4Gold.com to see the current prices we are paying for your old or broken gold jewelry! Go to Cash4Gold.com for more information about our company!

Donated Gold to Be Converted to Cash for Salvation Army

It has been reported by the Salvation Army that, despite the current economic crisis, the Salvation Army kettles are turning up gold coins and bars as usual.

In Des Moines, IA, gold coins were found, including a South African Krugerrand, a gold bullion coin worth nearly $860 each, and three 1/10 ounce American Gold Eagle coins, worth about $85 each.

Livingston, Michigan is also reporting that their Salvation Army kettles have turned up gold. Two 1-ounce gold bars wrapped in $100 bills was found in a kettle in Genoa Township, donated by a couple named Frank and Pam Wittman, who have donated gold for four consecutive years, along with dog cookies for the trained dogs that sit with the kettle.

Gold coins and gold bars that are donated to the Salvation Army kettles are sold at the end of the campaign and the cash for the gold is used to continue the charity’s goodwill efforts. Each year, it is common for the gold coins and bars to be donated. The Salvation Army has stated that people know the value of the gold – they are just expressing generosity. The campaign runs through Christmas Eve.

Has the economic crisis affected you? Visit our site at Cash4Gold.com to learn how to turn your old and unwanted gold into quick cash! Visit our site here to learn about our process and the prices we pay for your old or broken gold – sell today!

Gold Company to Get Cash for New Gold Project

Arctic Oil & Gas Corp. has announced that the Company’s precious metals division is securing ore reserves on its Alaska gold projects.

The company has mining plans in place for the summer of 2009. The financing will be done privately, through qualified partners. The company is creating a new gold asset security that will backed by in-ground gold reserves.

This method of securing long-term future supply of gold bullion has lower acquisition costs than that of gold sold through commodities exchanges. This new method lowers delivery risk as an investment. Currently, unlimited new dollars are being created and hedge funds and banking industries are in volatile states. Deliveries are expected as early as June of 2009 on he project.

Gold prices are at historical highs! Sell your old or broken gold jewelry to Cash4Gold and get immediate cash for your gold. Go to Cash4Gold.com to read about our process and the prices we pay for your old gold!

Cash4Gold Looks Toward 2009: Get Cash for Gold in the New Year

As 2008 comes to an end, we wanted to thank our fantastic customers a Cash4Gold! Read some of their comments below:

I want to say that dealing with your company has been a great experience and one representative in particular was very helpful. I had several questions and Justin N. was very prompt in answering them. Your company has been great and I have referred your company to several of my co-workers. Again, thank you very much and especially thank you to Justin N.

--Tracie T.

I just wanted to say I was very pleased with the check I received for my scrap gold and would recommend it to others who want to get rid of their old jewelry thanks again!!

--Mlasia45


Dear sirs

I just wanted to tell you how wonderful I think your service is ! It is simple and effortless. You take all the work out of the process. All you do is mail your jewelry in the postage paid envelope you provide & wait for your check. I would & will recommend you to all my friends and family.

Thanks,

--Allyson B.


Thank you so very much for your prompt reply to my email. I was very happy to hear the news - this really says a lot about your company - I'm terribly impressed - you not only did not drop the ball, you got back to me extremely quick with all the answers to my question. Your company is obviously as good as it's word and I am totally impressed. Thank you so much for all your help.


--Fran A.


To whom it may concern

I have had some dealings recently with Jeff Aronson, CEO of Cash4Gold, 1701 Blount Road, Pompano Beach, FL 33069.

The transaction ended up being somewhat complicated and required immediate attention and customer service.

Mr. Aronson made himself personally available and provided an outstanding level of customer service which we greatly appreciated. I would not hesitate to work with Cash4Gold again.

Sincerely
Anthony S.

Thank you to our customers!!! At Cash4Gold, we hope that your holiday season is a good one. Visit us in 2009 to get cash for your gold! Let the New Year year bring you extra cash for your old or broken jewelry!

Long-Term Gold Outlook Good for Cash4Gold...

The Economic Advisor published a blog posting this week entitled “The Obama Stimulus – Will Cause Inflation and Gold to Soar – The AMP 2009 Predictions”

The publication predicts that a “tidal wave of money will lead to a tidal wave carrying inflation and gold to new heights”. So far, the bailout package has failed to promote bank lending yet. The economy has seen delayed expansion and employment cuts, the stock market is bottoming out and the auto industry is looking for financial aid. The Apprentice Millionaire Program has made a list of predictions they expect to see within the next year:

SHORT-TERM:

1. The stimulus package will be at least $500 billion.
2. The Federal Reserve will “force” banks to lend more aggressively to consumers and businesses.
3. There will be a general optimism that will lift the economy.
4. Lower mortgage rates will ease foreclosures and lift home sales.
5. The housing market will turn around and ease inflation rates.

LONG-TERM:

1. Inflation will emerge and we will return to $75 oil.
2. House prices will elevate to the point where mortgage rates halt housing expansion.
3. The stock market will rally when the housing market looks up.
4. As inflation rises, gold will rise to surpass the old high of $1000.
5. Commodities, particularly gold and oil will lead the stock market recovery.

The Apprentice Millionaire Program can be accessed at http://www.amprogram.com. Gold is a certainty in uncertain times! Visit Cash4Gold.com to see the prices we pay for your old gold jewelry and scrap gold! At Cash4Gold we offer a 100% customer satisfaction guarantee! Sell your gold today!

South African Gold Looking for Cash for Gold...

Bloomberg reported last week that the South African rand has seen a deficit widen to 7.9%.

South Africa relies on foreign purchases of its stocks and bonds, and this year has been among the worst since the Great Depression. The rand has lost 33% against the dollar and 24% against the euro in the past year.

The currency, at this time, is quite volatile and could weaken to 10.75 per dollar by the early part of next year. The government is expecting increased inflation as the country spends additional funds on road and energy infrastructure initiatives.

South Africa has been affected by gold and platinum prices, the largest exports of the country. South Africa produces about 80% of gold in the world and 10% of the world’s gold.

While prices have dropped slightly, demand for gold, silver and platinum has stayed the course……Get the most cash for your old gold, silver and platinum! Visit Cash4Gold.com to see about the prices we pay for your old scrap gold and to learn about our process! Sell your gold today at Cash4Gold.com!

Gold Outlooks Raised for Cash for Gold Forecasts

It was announced on Friday, December 12th that Goldman Sachs has “upped” their forecast on gold as a safe haven.

Goldman Sachs has raised both gold and silver forecast as the dollar’s stability remains in question, amid the current financial crisis. The following has been reported (all prices per ounce):

• Three-month gold forecasts have been raised from $690 to $700
• Six-month gold forecasts have been raised from $730 to $785
• Twelve-month gold forecasts have been raised from $710 to $795
• Three-month silver forecasts have been raised from $9.90 to $10.04
• Six-month silver forecasts have been raised from $10.30 to $11.08
• Twelve-month silver forecasts have been raised from $9.20 to $10.30

Goldman’s reported, “We have long held that gold trades inversely with the U.S. dollar, which historically has explained over 90 percent of gold price movements”.

Are you looking to get the most cash for your gold?? Visit Cash4Gold.com to learn about our process, the prices we pay, and how to get the most cash for your gold!! Sell your gold today to Cash4Gold!

Cash More Solid Than Gold?

CNBC reported last week that “Cash – Not Gold – Is New Safe Haven for Investors”….

Gold has been a safe haven for investors, but in the fiscal crisis, people are looking for cash in any way that they can find it.

Even gold is paying the price, as investors are untrusting of commodities. The bottom line is that investors want cold hard cash.

However, all investment analysts are predicting rises in gold in the near future. Some predict that gold will fall far before it sees a jump. Many are unsure about the international banks around the world. There will be winners and losers and most people are looking for liquidity. Both gold and oil will be indicators of the future of our global economy. Read the entire article here…..

Are you interested in getting some liquidity for the holidays? Get Cash for your Gold today – Visit Cash4Gold.com to see the incredible prices we will pay you for your old gold or scrap gold. Get the most cash for your gold today at Cash4Gold!

Cash For Gold Smashes Records...

The Motley Fool website reported last week that “Gold Buyers Smash Records!”

Although spot price of gold has fallen 20% from the March 2008 high, demand is still up. Mints have been running at full capacity and ETFs are hunting for physical gold to back up investment demand. The World Gold Council released the following facts:

• Gold demand in Q3 was at $32 billion, beating the 2nd quarter by 45%.
• Investment demand, including ETFs, rose to $10.7 billion – double earlier demand in the year.
• Retail investment rose 121% in Swiss German and U.S. markets.
• France became a net investor in gold for the first time since the early 1980s.
• Demand for gold jewelry hit a record of $18 billion, led by India, the largest consumer of gold in the world.
• Supply has fallen 9.7% than earlier in the year.

The article also predicts that gold will preserve buying power as the dollar and euro face price inflation…..Also pay attention to the mining companies themselves – their shares are sure to rise…..

Read the article in its entirety here.

At Cash4Gold.com, we pay you the highest spot price for your gold and offer 100% customer satisfaction guarantee. Sell your gold - Visit our site today to see the prices we pay and how to get the most cash for your gold!

Selling Gold at $2,000 an Ounce?

According to a press release from Cantos Communication, London is calling gold at $2,000 an ounce a “realistic possibility” in 2009.

Citing that “despite its recent weakening, the prospects of gold reaching $2,000 an ounce next year has to be considered a realistic possibility”. The information comes directly from James Turk, the Founder and Chairman of GoldMoney.

Turk was interviewed, via video, and has claimed that the doubling of the current value of the metal is highly likely as investors look for ‘safe haven status’ for their investments among the under-performing market. Demand among retail investors has been significant over the past year as hedge funds and other investors have been forced to sell gold and others are looking to buy. However, government intervention makes many nervous about the status of gold.

Get definite Cash for your gold by visiting Cash4Gold.com. We offer a pre-paid and pre-insured Refiner’s Pak to guarantee a safe, fast and guaranteed transaction! Check out our site at Cash4Gold to learn more about selling your gold to Cash4Gold.

Current Gold Prices Result in Mining in Panama...

It was announced this week, by Reuters, that a Panama City gold mine is due to begin production in the near future…..

Petaquilla Minerals Ltd, a Vancouver mining company, is projected to begin gold mining in Panama within the next few weeks. The company has announced that it expects to mine over 100,000 ounces of gold by the beginning of 2010, maintaining those levels until at least 2015.

As rising gold prices have begun to offer cash and stability to liquidity-challenged citizens around the world, this newest gold source should not come as a surprise. However, environmental concerns and complaints have delayed production since January 2008, but Petaquilla has been given permission by the Panamanian government to proceed with mining.

This will be the first major gold mining site in the country of Panama. Because current gold prices should continue to increase, the Panamanian government is now entertaining other proposals. Panama has a history, like many other Latin American countries, of being mineral-rich, but the environmental concerns related to the tropical climate are very relevant to citizens and those that have relocated to the country.

Gold prices are still at significant highs---Sell your gold today! Visit Cash4Gold.com to see about our process, the prices we pay, and how to maximize the amount of cash you can get for your scrap gold, old gold, or broken gold. Check us out at Cash4Gold to learn more about our company.

Christmas Cash for Gold?

The Salvation Army is hoping for extra generosity on part of its donors this year.

In the past, the Salvation Army has received valuable gold coins in its kettles as donations from generous citizens. With this year’s economy, it is questionable whether this generosity will continue. “It sparks attention and piques interest: ‘When are the gold coins going to show up?”, says a spokesman for the Salvation Army.

In the past, donors have dropped gold coins including American Buffalo, American Eagle and South African Krugerrands into the kettles. With each of these gold bullion coins worth around $1000 a piece, the Salvation Army claims that people know the value, they are just trying to help a good cause.

The Salvation Army sells the gold and dedicates 86 cents from every dollar to community programs that aid the needy.

Do you need extra cash for the holidays? Visit us at Cash4Gold.com! We pay the best prices for your old or broken gold jewelry. We also accept gold coins! Visit our site at Cash4Gold to see our process, the prices we pay, and how to receive quick Cash for Gold!

Cash4Gold - How Does COMEX Operate?

Barclays Global Investors (BGI) announced last week that it would be transferring shares from the NYSEAlternext US LLC to the NYSE Arcalisting and trading platform on December 4, 2008. BGI serves as the trustee for COMEX Gold Trust.

Barclays, as trustee for COMEX Gold trust, is one of the world’s largest institutional asset managers. The shares of COMEX, which come in units called “baskets”, are created to reflect the market price of gold, although at any given time, the shares may be slightly higher or lower than the current market price of gold.

Declines in the gold price can come from a couple of different factors:
(1) Large sales of holdings. There are instances where governments, banks, and other financial institutions are forced to sell off physical gold.
(2) Change in the level of hedge activity.
(3) Significant change in speculators or investors of gold

The Gold Trust works as a passive investment vehicle, meaning there are certain circumstances where gold might be physically lost or damaged, and the trust is unable to recover the loss. Shares of COMEX are not insured by FDIC, insurers or government agency and are treated like investments on the stock market.

Get REAL cash for your gold today! Visit Cash4Gold.com to view information about the types of gold that we accept, and the amount of cash we will pay you! Our process is insured and secures your anonymity! Visit us at Cash4Gold today!

Old Gold Bookmark Discovered - Stolen, But Worth Cash

Reuters announced this week that a historical gold bookmark used by Hitler was recovered after being stolen.

The bookmark, made of 18 karat gold, was given to Hitler by Eva Braun, his mistress. It is estimated that the gold piece was a present from Braun after Hitler lost the Battle of Stalingrad in 1943. The gold bookmark is believed to have belonged to an executed armed forces chief prior to being acquired by Braun. The bookmark has a message from Braun to Hitler that is translated as “My Adolf, don’t worry…only an inconvenience that will not break your certainty of victory. My love for you will be eternal”

The gold bookmark was recovered in a sting operation by the US Justice Department after receiving information that someone was trying to sell the bookmark. The bookmark was stolen from a Spanish auction house in 2002 before it was to be sold. The thief faces up to 10 years in prison and up to a $250,000 fine.

We accept old or broken gold as well as fine jewelry pieces and other items of value! Visit our site at Cash4Gold to learn more about our company, the items that we buy and how to receive cash for your gold today!

New Gold Rush Works Worth Cash

The Mercury News reported this week that a new collection of artwork with significant, American historical value has emerged.

The artwork of Charles B. Gillespie, a 49er, has been uncovered through a distant relative of Gillespie. Gillespie, an untrained artist that never sold a work in his lifetime, painted a number of sketches and oil paintings that were representative of the California Gold Rush. The collection includes over 119 pen and ink sketches and five oil paintings. Many of the pieces portray the 1848 discovery of gold by James Marshall at Sutter’s Mill, which launched the Gold Rush. Gillespie met James Marshall while sketching. One of the initial sketches bears the signature of Marshall.

Gillespie died in 1907 after working as a physician. The President of Holabird Kagin Americana, Fred Holabird, claims that Gillespie’s artwork is “one of the most important Gold Rush archives to surface in the last 100 years”. The number of pieces in the collection is significant and its worth is estimated at over half a million dollars.

Find value in something old! Do you have old or broken gold that you would like to sell for cash? Visit Cash4Gold.com to see the prices we pay and to learn about our process. Earn cash for your gold today….

Cash4Gold Becoming Better Known - Paying Cash for Old or Broken Gold

The Tampa Tribune ran an article this week, “For Sellers, Cash is Good as Gold” and cited Cash4Gold.

Jewelry stores have recently become buyers of jewelry rather than sellers of the metal. Many jewelers are now making the majority of their profit from people selling their old or broken gold.

The recycling old or broken gold became a trend midyear for jewelry stores, with many holding gold parties. For many people that are living paycheck to paycheck, selling gold and getting cash for the gold is a hot commodity, particularly in economically distressed areas.

Online business has increased dramatically for Cash4Gold.com. Cash4Gold President, Howard Moshfin claims, “It might have something to do with the economy, or it might be based on our brand name becoming better known”.

At Cash4Gold, we pay higher spot prices for your old gold or broken gold because we are the refiner! Many jewelry stores charge a broker fee to sell gold to refineries. Cut out the middleman today! Visit Cash4Gold to compare the prices we pay and get more cash for your old gold.

New Gold Coin - Sold for Limited Time - Gold Worth Cash

The New York Times ran an article this week entitled “Century Later, Gold Coin Reflects Sculptor’s Vision.

On Monday, the U.S. Mint released a new edition of the Double Eagle gold coins.

The $20 gold coins have been produced for over a century, with the first coin being converted in 1907. The new coin is based on the first 1907 coin that was designed by an American sculptor Augustus Saint-Gaudens. Saint-Gaudens was a friend of Teddy Roosevelt and was commissioned to design the coin.

The original Double Eagle coin design has a picture representing Liberty on the obverse with her torch raised and flowing hair with the Capitol dome behind her. The reverse of the coin shows an eagle flying into the sun. In 1908, Congress mandated that “In God We Trust” be added to the coins.

The coins are formed from 60 tons of pressure converting blank gold discs into “ultra-high-relief” coins at the U.S. Mint. The 1907 coins are highly rare and valuable. The Double Eagle is considered the most beautiful of the American coinage.

The new coins contain one ounce of 24-karat gold. They will be sold for only one year.

Do you have old gold or silver coins? Do you have old or broken jewelry that you wish to convert to cash? Visit our site at Cash4Gold to learn more about the prices we pay for your gold! Get Cash for your gold today at Cash4Gold!

Gold Production Should Increase Amount of Cash for Gold

Earlier this week, Bloomberg reported that Harmony Gold Mining Co., the third-largest miner of gold in Africa, has planned to raise production of gold.

It was announced at the company’s shareholders meeting in Johannesburg that due to increasing gold prices, Harmony is looking to take a bullish stance on mining. CEO Graham Briggs stated that, “We need to produce more gold to benefit from higher prices”.

October 15th resulted in gold prices of 9,017 rand after a six-year low against the U.S. dollar. Harmony rose 8 rand or 12% to 74.50 rand in Johannesburg. The company has increased 7.3% this year, resulting in Harmony becoming the strongest performer of the seven large mining companies.

Gold prices are rising amid the financial crisis! Do you need extra cash? Visit Cash4Gold to see the prices we pay for your old or broken jewelry! At Cash4Gold, we are the refinery and can offer you more cash for your gold than through a middleman broker! Go to Cash4Gold today!

Cash for Gold to Increase?

SeekingAlpha.com commented this week on the price of gold and the anticipation of gold prices increasing.

It is expected that gold will see the $780-810 range. Gold investors are hoping to see gold stabilize at that rate for long-term growth.

On Friday, gold reached $800.

As the fiscal stimulus continues, inflation has little room to go lower. Quoting the research house GFMS Ltd, “Dollar demand for gold reached an all-time quarterly record of $32 billion US in the third quarter of 2008. Tonnage demand was also 18% higher than a year earlier.”

Investment demand contributed most greatly to overall demand for the quarter, including gold ETFS, bars and coins. Retail demand for gold rose 121% with bar and coin buying in Swiss, German and US markets. France became an investor in gold for the first time in almost thirty years.

Gold jewelry demand surged as the Indian wedding season approaches (India is the largest gold jewelry consumer in the world).

At Cash4Gold, we will be paying attention to the daily gold prices and to the gold market, in general. We want to offer our customers the best prices for your old or broken gold jewelry. Cut out the middleman and visit Cash4Gold to see the prices we pay for your old gold! Sell your gold for cash today!

GATA Questions Gold and Cash Reserves

The Gold Anti-Trust Action Committee (GATA) has run an advertisement in Roll Call that is an Open Letter to Senate and House Banking Committee Members.

Highlights of the article include:

• GATA believes that the gold market is being “recklessly manipulated and now poses a serious risk to the international financial system”.
• Annual gold demand, currently at record levels, exceeds mine and scrap gold supply by more than 1500 tons.
• With demand outweighing supply, the price of gold should be rising steadily.
• According to the Office of the Controller of the Currency, the notional value of the off-balance-sheet gold derivatives on the books of U.S. commercial banks exceeds $87 billion – which is greater than reserves by over 8000 tons.
• Too much gold is being consumed at too cheap a price, which could threaten the economic crisis further.

Find more information at www.gata.org.

Gold’s volatility has done positive things to current gold prices. Gold is truly the only trusted metal in today’s economy. Get rid of your old, scrap, or dental gold and get cash!! Visit Cash4Gold to learn more and to request an insured, Refiner’s Pak!

Recycle Gold - Get Cash 4 Gold

We found this blog posting at Goldpaq.com that gives 10 Facts about Gold Recycling that are pretty dead-on.

More people have become interested in selling gold and earning extra cash.

The 10 Reasons to Recycle Gold:

1. Gold teeth and dental scrap can be worth from $5-$20.
2. You can find gold items in the garbage including old computers, cell phones, and music players.
3. An online gold broker (like Cash4Gold!) can be the safest choice to recycle due to insurance and free appraisals.
4. Household electronics like TV sets and stereos can contain gold.
5. It is possible to get more gold per ton from old cell phones than from ore!
6. Broken gold is a versatile and profitable angle.
7. 1/3 of annual gold usage is from recycled gold.
8. Gold recycling is environmental friendly.
9. Even trace amounts of gold have significant value.
10. Gold recycling is easy!

Get Cash4Gold today! Visit our website at www.cash4gold.com to see the prices we pay for your old or broken gold jewelry. Now is the time to sell your gold!

Turning Cash to Gold, Gold to Green

Fox 4 News in Kansas City aired a piece last week that is among many pieces in media attention. The focus? Turning cash to gold.

Entitled “Turn Gold to Green”, reporter Kim Byrnes interviewed customers interested in getting cash for their gold. Money for the holidays and a mother planning for her son’s wedding were cited as reasons for those parting with their old gold and broken jewelry.

A woman that was shooting for $100 for her jewelry, ended up scoring $153. Click here to watch the story.

Those selling their gold jewelry should be acquainted with the quality of their gold before making assumptions of payment. 10 karat gold is only 42% gold; 14 karat gold is 58% gold; and 18 karat gold is 75% gold.

There has been a significant upturn in those selling their gold as consumers are being far more careful about their spending.

Accomplish your financial goals this holiday season! Visit Cash4Gold for more information on how you can turn your old or scrap gold into cash for today! Visit our site at www.cash4gold.com to read reviews and learn about the Cash4Gold process!

Iran Trading Cash for Gold?

The Associated Press announced late last week that Iranian newspapers are stating that Iran is converting reserves into gold.

The newspapers are quoting Mojtaba Hasemi Samareh, who is the top advisor to President Mahmoud Ahmadinejad. Saying that the decision to buy gold was executed at the order of Ahmadinejad.

Iran reportedly has $120 billion in reserves. It is unknown how much of the reserves has been converted to gold.

Roughly 80% of Iran’s foreign revenue comes from oil. The decision to buy gold follows recent, dramatic drops in oil prices.

The economy is volatile – but gold is always solid. Gold prices are at record highs – sell your old or broken gold for cash today! Visit Cash4Gold to see the prices we pay and how to get Cash for your gold!

Cash4Gold - Lower Gold Production to Drive Gold Price Up?

It was reported last week that there is trouble with Zimbabwean Gold Mines that could affect worldwide supply levels.

The Zimbabwe central bank has taken delivery of gold – for up to two years - but has not paid the mines for the gold. Many mines are now unable to pay workers, due to back payments owed. Zimbabwe’s largest exports are gold and tobacco, and in the past, Zimbabwe was the 3rd largest African producer of gold.

Zimbabwe now faces an inflation rate of 231 million percent and cannot afford many necessities. Continued gold exploration has ceased, because of flooding and inadequate funds to repair the mines. It is predicted that Zimbabwe will only produce roughly half the amount of gold compared to last year.

When demand for gold goes up, so does the price! Check out the prices that we pay for your old or broken jewelry at Cash4Gold. Read one of our customer reviews below:

To Whom It May Concern:

I am writing to let you know that I loved using Cash4Gold. I received my kit and within a week and a half or so I received my settlement. I spoke with your manager Larry & without any hesitation he worked things out for the better. He was great as was your customer service. You made the whole process simple & easy. It is greatly appreciated! I will absolutely recommend your company to friends & family.

Thanks,

Jill H

Visit Cash4Gold to see the prices we pay and to learn more about our process! Sell your gold today!

Gold Historically Delivers Cash

GMA Network reported this week that there was a gold earring that is over 2,000 years old that was discovered in Jerusalem.

Evidently, The Israel Antiquities Authority has confirmed the validity of the gold earring, which was found beneath a parking lot. The earring is inlaid with pearls and emeralds, and is estimated to have been created around the time of Christ between 1st century B.C. and 4th century A.D.

The earring was found as ruins were being excavated from an ancient building that dated back to 5th century A.D. in the Byzantine period.

The Israel Antiquities Authority issued a statement calling the earring an “astonishingly well-preserved piece” that was crafted using techniques much like that from the Roman-era in Egypt.

Gold has always held a significant role historically. This latest finding is further confirmation of that fact. At Cash4Gold, we understand that times are tight – trade your cash for gold today! Read a review from one of our customers:

Cash4Gold is great!! I received my check today and I was thrilled!!! Such a professional group and I have already referred a friend and sending for another kit myself. I had old jewelry just stored away that's been there for years and I was so happy I could turn it into cash...Thanks for being so professional and the processing was really fast. I will be doing more business with you as well as my friends.

- K Harrison, South Carolina

Visit our site at Cash4Gold to check out how much we pay for your old or broken jewelry!

Gold's Consistency to Be Discussed This Weekend...

This Saturday, November 15th, leaders of the top 20 economic nations will be meeting in Washington at the invitation of President Bush. The core mission of the meeting will be identifying the problems occurring worldwide as a lack of faith in paper money has troubled many nations.

Gold will be discussed at the meeting and its ultimate role in the solution. There will be corrective measures discussed at the meeting in order to “deleverage” that include cash solutions and the slashing of interest rates.

The G-20 will be challenged with restoring faith in paper money and the possibility of a new international currency that is, at least, partially backed by gold.

Currently, gold has been the only consistency in a very inconsistent market. As gold prices rise, the prices we pay for your old and broken jewelry goes up as well!

Dear Cash4Gold:
Patience is truly a virtue. I was a little skeptical about sending my old jewelry through the mail. The wait was nerve wracking, which was probably due to my inner doubts. I even emailed cash4gold informing them that I was unable to track my items. They promptly explained the waiting process.

A little less then two weeks I received a check. It was tripled what I expected it to be, I was surprised and thrilled. I would recommend Cash4Gold to everyone.

I'm off to the mall for a semi-shopping spree!!!

THANKS CASH4GOLD!!!!

- Lisa

Visit our website at Cash4Gold.com to learn more about our company and how you can get cash for your gold!

Gold Prices to Strengthen in Cash Value

The Economic Times has reported that gold may outperform oil as the recession deepens. Gold prices have not fallen as sharply as oil and other commodities, and it is expected that bullion will strengthen as the economy worsens and investment firms are forced to sell gold bullion assets.

Gold bullion dropped 16% in October due to “fund deleveraging”. However, now gold is rising again due to its economic strength in remaining a save haven against inflation.

The article also mentioned that investors are recommending “long gold” v. “short oil”, due to the fact that oil is produced for consumption and gold accumulates over time and is not tied to paper assets. Gold is also rising against other metals like copper and nickel.

Many are looking to gold for liquidity – get Cash4Gold today for your old or broken gold jewelry! Use our Fast Cash money option!!! Check out the review below:

Hello,
Just wanted to let you know how wonderful it was dealing with you. I got the package two days after requesting it online. I also opted for the Fast Cash, and the money was in my checking account one week after I mailed my old jewelry to you. I will be recommending you to everyone I know! Thank you for your wonderful service.

Sincerely,
Donna
Jacksonville, FL

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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

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Gold Prices Up - Cash4Gold Report

Gold prices have been pretty volatile for the past few weeks as the economy’s downward spiral has made investors nervous. However, today, November 7th, we have seen gold futures on the rise. The U.S. dollar fell against the euro and the pound and gold’s appeal strengthened as a hedge against inflation.

Marketwatch reported that gold for December rose $5 an ounce to $737.20 an ounce in early trading.

As gold prices continue to rise, check out how much cash you can get for your gold at Cash4Gold. We’ve decided to start sharing our customer reviews with the readers of our blog. Check out this review below:

Dear Cash4Gold.com
I saw your ad on TV about redeeming cash for old gold such as coins, rings, necklaces, dental, and other precious metals. I called and received my free information in as little as three days. The package came with all the instructions, which were simple, quick and easy. I packed all my items in the easy and secured pouch and returned it to you. I was glad to understand that it was insured against loss or damage. The transaction was smooth and quick. I received my check within three days. I was totally satisfied with the results.
- Gordon
Meansville, GA

We guarantee 100% satisfaction at Cash4Gold! Visit our website today at www.cash4gold.com to see the prices we pay for your old or broken jewelry!

More Gold Predictions at $1,000 an Ounce: Sell Your Gold as Prices are High

Another prediction has surfaced of gold reaching $1,000 an ounce in the near future.

Toronto-based Goldcorp, Inc.’s (TSX: G) CEO Kevin McArthur has claims that “We continue to believe gold’s status as a safe haven in times of global uncertainty is real.” McArthur has stressed that this is a long-term view, yet they predict “we will be seeing a four-digit gold price in the not-too-distant future.”

Barrick Gold Corp’s President has also stressed that he believes gold prices are on the rise.

The most recent high for gold prices was at $1,032 per ounce in March. Friday, October 31st, gold was priced at $723.70 per ounce.

Goldcorp claimed profit up $75.8 million this year, above predictions of Thomson Financial. Importantly, Goldcorp remains debt-free and holds over $450 million in cash and equivalents.

The company claims that production in Mexican and Canadian mining operations have increased and are highly profitable. McArthur has stated that he looks forward to “continued improvements moving forward”.

Gold prices are off the charts, and at Cash4Gold, we want to pay you the highest amount possible for your old or broken gold jewelry. Visit our blog for continued information regarding gold and its place in the market. Visit our site at Cash4Gold to see the prices we pay and learn about our process.

Indian Gold Sees 125% rise in Cash for Gold...

Indian jewelers are surprisingly upbeat this year, as gold sales have seen an increase of 125% during the festive season of Diwali, compared to last year at this time.

According to LiveMint.com, Mumbai Jewelers are looking forward to positive sales during the actual Diwali week.

According to the Chairman of The All India Gems and Jewellery Trade Federation, Ashok Minawala, international gold bullion lost 17% in October - “its biggest decline since February 1983”. He went on to add “gold has offered double digit returns in the current decade when all other asset classes are turning into the red”.

There was an initial 47% decline in gold business in the first 6 months of the year, but with the recent surge, deficits have already been compensated. It is estimated that 60 tons of gold have been sold in the last 25 days.

The physical shortage of gold bullion has happened worldwide, as financial institutions are forced to sell the physical gold in order to back the paper they hold.

Due to demand for physical gold, gold prices are still at highs! Get Cash4Gold today! We accept old and dated jewelry as well as scrap gold and gold coins. We are the refiner, and pass savings on to you – the customer! Visit Cash4Gold for more information!

Colorado Gold Mine Operating Under Assumption that Cash For Gold to Further Increase

The AFP reported this week about the Cash Mine in Boulder, a small gold mine in Colorado that had seen encouraging profits with the rise in price of the precious metal, but is now waiting out its future, hoping that the gold prices

The Cash Mine Located in the Rocky Mountains, 35 miles northwest of Denver where the Colorado gold rush initially began in the 1800s. The mine is the only active underground mine in Colorado. The mine reopened last year for the first time in four decades as a result of the high gold prices that were encouraging.

At its high, the mine was producing 580 tons of gold ore a month, with a net profit of $16,000 per month. The mine uses little modern equipment – but, mostly that from the 1950s and 1960s.

However, because of the credit crisis and the fact that the mine is a small business, the outlook for the business has been dimmer than it was last year at this time. The mine has laid off twenty-four of its thirty workers as the mine works to break even due to the expense of mining operations. The mine has stated, that right now they are planning to “pull back and await better financial conditions to ramp up to full production”. The mine hopes that investors looking to physically hold gold bullion will again spur the international gold market prices.

Get top dollar for your old or broken jewelry! Visit Cash4Gold to see the items we accept and the prices we pay. Sell your jewelry to Cash4Gold today and buy something new!

Gold Sales Up in India: Cash for Gold

The Times of India reported this week that gold sales in the country are up, amid the high premium spot prices of gold.

The Indian Dawali season is coming up, and it is customary for Hindu Indians to buy the precious metal of gold. Fortunately for Indians, gold prices have declined prior to the beginning of the festive season. The World Gold Council has claimed that 50 tons of gold were sold in the last 20 days in the country.

Gold has been weaker in the international market for a variety of factors.
Many financial institutions are selling gold holdings to gain liquidity in the credit crisis. This has worked out well for Indian consumers, as the precious metal is less expensive at home. As of last Friday, gold rates were down to $699 an ounce before rebounding slightly at $732.

Demand has been so significant in India that many are charging above premiums in order to defend their supply, as Diwali has made supply an issue. The middle class buyer is driving the market because many that normally would not buy gold are buying more this year due to lower pricing.

Due to global demand, Cash4Gold is offering top dollar for your old or broken jewelry!! Visit our website at Cash4Gold.com to quickly get cash for your gold!

Looking forward to my new gig as a Director of Internet Marketing for a high-end make-up company.Can't wait to jump right into the mix of it

Buy or Sell Gold?

The Washington Post this week published an article asking “Is Gold Right For You?”, by Bob Frick. The article highlights benefits of gold as a hedge against inflation, due to the fact that it has a calming effect in a frazzled economic situation. However, the article does question the validity of the reasoning….

Reason #1 –
Gold can have beneficial effects on a total investment program. Gold brings diversity to a portfolio as gold tends to rise as stocks and bonds have fallen. Gold also keeps up with inflation. However, many advisors complain that there are other investments with better returns than gold. Many advisers recommend no more than 5% of a portfolio in gold.

Reason #2 –
The price of gold will continue to rise substantially. However, investors warn against taking this too seriously. Gold dealers suggest that gold will continue to rise as inflation continues, but the bottom line is that no one can completely predict the path of gold.

Reason #3 –
Gold will offer protection in the event of Financial Collapse. In this scenario, gold coins would rise substantially. Most analysts and investors claim that this scenario is highly unlikely.

Click here to read the article and take the quiz that tests your knowledge of gold.

Those wishing to buy gold can buy through ETF (electronically-traded funds) such as SPDR, Comex Gold Trust, or Street Tracks Gold Trust.

Those wishing to SELL Gold should Use our blog as a resource for the current state of gold in the marketplace. Click here to use our site to sell your old gold jewelry and scrap gold! We guarantee 100% customer satisfaction at Cash4Gold!

Gold to Go Down and Back UP - Get Cash4Gold

It was reported last week that gold prices have climbed in New York.

According to Bloomberg, last week gold climbed as other equities tanked internationally. Even though the precious metal silver has fallen, gold is still being sought as a safe-haven with the financial crisis.

U.S. Treasuries were up due to investors flocking to government securities due to the worldwide fallout from the market.

Even though gold has experienced a 17% drop in October, the largest drop since March of 1980, both gold and silver are being predicted as “bearish” by analysts internationally. Silver prices fell 2.2% to $9.295 an ounce last week. Additionally, the euro, last week reached a 2-year low of $1.2497. This is following the record-high of $1.6038 July 15th. As a result, gold is expected to do well as global demand has been reduced on most commodities and raw materials. The majority of global gold refiners are operating at full capacity.

Analysts warn investors to be patient with gold investments. It is predicted that gold may trade down to $600 an ounce before increasing in order to adjust for the value of the dollar.

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Selling Gold Profitable Means For Cash

CNN reported this week about how jewelers are profiting from customers selling gold….

Citing All That Glitters Jewelry and Loans in Portland, Oregon where people are more than willing to sell their heirlooms and gold for cash.
The shop owner has said that at one point in time, people were far more unwilling to part with their belongings. Now, customers are hocking their old gold and jewelry to pay their bills.

Many Americans are willing to sell gold to survive in the struggling economy. As a result, online sites, like Cash4Gold are booming. Cash4Gold is paying top dollar as gold prices increase amidst the global credit crisis.

Due to the economic situation, precious metal values are encouraging. Most jewelers buying gold have seen business up by 25%

Deal directly with the refiner and get more Cash4Gold! Visit our website at www.cash4gold.com for more information and to see the prices we pay for your gold!

Gold Demand Encourages Consumers to Sell Gold

The modern-day gold rush has extended to Austria….

As the financial crisis has extended globally, gold coins have become a safe haven for investments as a hedge against inflation.  South African Krugerrands, American Buffalos, and American Gold Eagles have been purchased in vast quantities as of late forcing most mints to work at capacity in order to fulfill demand.

Interest in Austrian gold has risen as well.  The Austrian Vienna Philharmonic is another of the world’s best-selling gold bullion coins.  The demand for the Austrian Vienna Philharmonic coins has resulted in the Austrian Mint trying to keep up with demand, as production is at capacity.

The Austrian Mint is located in Vienna and was founded more than 800 years ago.  Demand for the Vienna Philharmonic is up 230% this year versus last year at this time.

Analysts have called the demand for gold “panic buying” due to consumers looking for security in an insecure economy.  Do you have old or broken gold?  Get cash for your gold today at Cash4Gold!  Visit www.cash4gold.com for more information about how to sell your gold!

Gold Prospectors Continue to Get Cash For Gold Findings

More reports came this week about the “new gold rush” that is taking place in California.

The state is experiencing the largest gold mining boom in more than three decades. As gold prices have more than doubled in the last decade, many are arriving in California to prospect - from locals to those relocating to the area - living in vans and bringing pets and families.

Of all of these modern-day 49ers, few get rich. Much of the gold was extracted during the initial gold rush, however it is reported that fresh gold has rinsed down the hills. As a result, the justification of gold prospecting is still there…Many find gold prospecting to be a kind of adrenaline rush although it is both tedious and physically taxing.

Regardless of the risks associated with gold prospecting, membership of the Gold Prospectors Association of America has seen a 25% climb in membership. Equipment shops have experienced surges in business as well, with modern-day 49ers buying picks and shovels, wetsuits, and generators. 2,000 new mining claims were filed in California this year, up more than 25% from this time last year.

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Gold Demand Up - Get Cash4Gold

Another sign that the demand for gold is reaching further international highs….

The India Post, the largest network in the country, has begun retailing gold coins. The company is selling 24-karat gold coins in denominations of ½ gram, 1 gram, 5 grams, and 8 gram units.

The India Post joins many banks and post offices that are now selling gold coins, in addition to jewelers of the past. In a move that is sure to secure profits for both buying and selling gold as India’s Diwali season approaches.

Traditionally, the gold coins sold by banks are priced 22% higher than the current market price of gold. The India Post will be priced higher than current market prices, but not as high as 22%. Additionally, India Post will allow for the buying and selling of gold, where banks only sell gold.

The coins for India Post will be supplied by Reliance Money – and will receive the same pricing as Reliance Money outlets.

Demand for gold has never been higher!! Get immediate Cash for your gold at Cash4Gold.com. Visit our website at www.cash4gold.com to see the prices we pay for your old or broken jewelry.

SELLING GOLD: EARN CASH IN UNCERTAIN TIMES

According to Forbes, Merrill Lynch analyst Francisco Blanch is predicting gold at $1500 an ounce.

Citing inflation pressures as a result of the financial bailout, gold ETFs (electronically-traded funds) like SPDR are expected to soar.  Many analysts believe that gold, while experiencing significant swells in pricing, has not yet made its move.

According to Bianch, “gold has shown flashes of running but has not broken out.  The obvious trade on paper is not so obvious to the market tape at this point.”

The global plans in place to stabilize the financial sector have not seen the worse yet.  Merrill Lynch’s opinion on gold is that it will soar due to “inflationary pressures to the commodity markets”.  Additionally, oil is predicted to reach $150 a barrel.  The senior analyst at USAGOLD, Peter Grant, is predicting that the “debasement” of all currencies will additionally drive gold prices.

Although these predictions are gaining attention, there is no timeline posted on the predictions.

Check out the current prices we pay for your old or scrap gold.  Click here to learn about the prices Cash4Gold pays!  Visit our website at www.Cash4Gold.com.  Learn WHY to use Cash4Gold by clicking here!

Cash4Gold News: Clients Give Two Thumbs Up to Cash4Gold

Pompano Beach, FL (PRWEB) October 9, 2008 -- Cash4Gold, the number one consumer gold purchaser in the USA, has released the findings from a month long survey on their customer service department. Cash4Gold's clientele are thrilled with their service and guarantee offered by Cash4Gold. The company has been steadily building their customer service department to handle the thousands of Gold Refiners Packs sent in each week.
Read the rest of Cash4Gold's News Here.

Cash4Gold: World’s Largest Gold Party

There has been even more news this week about the rising popularity of gold parties.  The new gold parties serve more of the wine and cheese crowd, versus that of the typical pawnshop.

Are you looking to host a gold party?  If so, you will need a jeweler’s magnifying loupe that is able to test the authenticity of real gold, and you will need to be able to determine what quality….However, you would be surprised at the vast amounts of gold are held by friends and neighbors, including gold coins, old gold jewelry that is no longer in fashion, and even dentures….

If you aren’t interested in the hassle of hosting a gold party, send your gold to Cash4Gold!  Immediately turn your old gold into Cash4Gold! 

Click here to read about the Cash4Gold Refer A Friend program – make selling gold a profitable venture!!

Gold prices are steadily rising.  Take advantage of the current gold prices, and sell your gold!! Check out our site at www.Cash4Gold.com, and click here to learn how you can earn Cash4Gold easily!! 

Gold Production Up - Good Time to Sell...

Bloomberg announced last week that The Perth Mint is increasing production at its facility in Australia.

The Perth Mint produces 10% of the world’s gold bullion and has doubled its output over the last 6 months. As investors flock to buy gold as a safe haven amid the current worldwide credit crisis the U.S. and Austrian Mints have increased production as well.

The Perth Mint sells Kangaroo and Nugget coins, and the Mint has produced over 154,000 ounces in the last 12 months, which is roughly double the production last year.

Gold is currently one of the brightest commodities, reflecting that people do not trust the financial marketplace right now. The overseas demand is up 90% for the Perth Mint, which has sold $880 million more in gold than this time last year.

The Perth Mint was founded in 1899 as a branch of Britain’s Royal Mint and is run by the Western Australian government.

Gold refiners worldwide are expecting mass-market appeal for gold as the economy heads toward a recession…..

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Selling Gold at Highs: Mine Reopens

Bloomberg has reported that Harmony Gold has resumed work at Parts of the Elandsrand Mine following an accident that had taken place October 2nd that shut down the mine’s gold production.

Harmony Gold Mining Co is Africa’s third-largest gold producer in South Africa and the fifth largest gold producer in the world. The company, which is Incorporated in South Africa, has operations in South Africa, Australia, and Papua New Guinea

Harmony Gold was founded and incorporated on August 25, 1950 through Rand Mines and was originally a single, lease-bound mining operation that was connected to Randgold. In 1997, Harmony Gold was listed independently on the JSE Limited. Harmony Gold is now an independent gold producer from Randgold.

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Nevada Gold Mining Up With Prices

The Las Vegas Review-Journal has reported that the state of Nevada is cashing in on all-time high gold prices. As investors are flocking to gold and the economy remains uncertain, Nevada is seeing soaring profits.

The number two export industry for the state of Nevada is gold mining. Since 2002, the industry has surged with prices soaring far beyond the $300 an ounce price at the time. The taxes paid by the mining industry to the state of Nevada have also soared -- to almost $200 million a year, which is very nearly double from 2004.

Facts about Nevada Gold Mining include:

• Nevada gold mining creates more export dollars than any other business sector, excluding casinos.
• Nevada Division of Minerals reports that the value of mineral production is worth $5.4 billion.
• Nevada is the fourth largest producer of gold in the world.
• Nevada mining employment accounts for almost 15,000 jobs in the state. The average salary is around $80,000.

Gold is a safe bet in uncertain times. Do you have old or broken jewelry that you don’t wear? Sell your old gold to Cash4Gold. Visit our website at www.cash4gold.com to learn about what we accept, prices we pay, and the Cash4Gold process.

Stable Gold Encourages Selling

The Financial Times of London ran an article last week giving further signs of the stability of gold.

Apparently, International investors in gold have been requesting “unprecedented physical levels” of both gold coins and gold bullion bars as the instability of the economic situation looms over the world.

LBMA claims that the move has been initiated by the rich, and continues as the economic turbulence experience in the United States flows across international boundaries to Europe. According to the LBMA, gold cannot be produced quickly enough due to the fact that it is considered to be low risk and a hedge against inflation. The Austrian Mint, the United States Mint and Rand Refinery are all currently running at full capacity, and have announced shortages of coins on specific occasions.

Gold remains desirable due to the fact that it is a physical asset. Recently, gold has soared, however there are investment analysts that suggest that the demand could also result in a price cap.

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Host a Gold Party: Sell Your Gold

Hank Steuver of The Washington Post published an article this week about the growing trend surrounding gold parties.

Gold parties have taken on a new tone in the turbulent economic conditions today. Much like the Pampered Chef and Tupperware parties of the past, gold parties have enabled regular customers to turn their old or broken jewelry into cash on the spot.

While the new parties are serving wine, martinins and appetizers, potential customers are bringing gold coins, gold chains, dentures, watches and bracelets. Whether out-of-fashion or an item that has lost emotional appeal, the parties are attracting men and women alike.

The article’s sources claim “everyone has a little gold they don’t know what to do with”, from wedding bands of bad marriages or “door-knocker” earrings that are no longer in style. The gold parties result in a check for the average person of about $300.

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Wachovia Sells to Gold-Backed Wells Fargo

This week, Wells Fargo surprised the investment community with news that it planned to purchase Charlotte-based Wachovia for $15.1 billion.

Wells Fargo & Co is a San Francisco-based financial institution that began as a result of the West Coast gold rush. Founded in 1852, the bank opened in the port city of San Francisco as additional cities and gold mining camps developed during the Gold Rush. The company started solidly by buying gold and selling paper that was backed by gold. Additionally, the bank guaranteed rapid delivery of the gold and valuables by a six-horse stagecoach that remains the corporate logo today. The bank had significant assets in both railroads and steel with expansion into the northeast.

Today, the company is a leading U.S. lender. The company practices extremely conservative lending practices that make the bank one of the strongest in the U.S. The company did not get wrapped up in the sub-prime mortgage market that has affected the majority of U.S. banking institutions.

The Wells Fargo purchase marks entry into the southeastern U.S. market. The buyout will add to Wells’ 5900 locations, 160,000 employees and $600 billion in assets.

Gold remains solid. Visit www.cash4gold.com to see the prices we pay for your old jewelry. Sell your gold to Cash4Gold!

Sell Gold....Banks Buying?

An article on Monday in Reuters indicated that the private banks will be the next big buyers of gold, and the price will continue to increase.

Bullion bars have gained a significant amount of popularity. Bullion bars, that have been sold off during stronger economic times are now being sought-after by banks. The Chairman of the London Bullion Market Association has predicted that fewer banks will be selling off gold reserves until the market stabilizes.

Owning gold again has become a trend – in jewelry, collectible coins, and bullion bars. The bullion bars and many gold bullion coins were sold off during the 1980s and 90s, while the international economy was in a better situation. Gold as a hedge against inflation has made the metal appealing once-again during the financial crisis.

In related notes, the U.S. mint has suspended sales of the 24 karat American Buffalo, as supplies have been depleted. This latest shortage follows the suspension of the American Eagle earlier this year.

Gold reached a record high in mid-March of $1,030.80 an ounce. Bookmark our site at www.cash4gold.com to see updated gold prices, the prices we pay, and the Cash4Gold process!

Sell Old Gold, But Buy as an Investment....

This week, ABC News in LA featured the Superior Gold Group and the importance of gold as an investment.

ABC cited Superior Gold Group’s senior trader and Financial Lifeline Radio host, Carl Lacey, who stated that physical gold is “the missing link in most portfolios today”. With gold at all-time high rates, the economy looking incredibly unstable, and spending at record highs – gold is the only consistent.

Superior Gold Group is a precious metals company that educates clients on both the gold standard and portfolio diversification. Both Carl Lacey and John March, his co-host on Financial Lifeline Radio are consistent about gold futures. As stocks and mutual funds remain uncertain, both advise that gold is “portfolio insurance”.

Do you have old or broken jewelry, and wonder about its worth??? Use your old and broken gold to pay bill, invest in new jewelry, or a new investment!! Visit us at www.cash4gold.com to learn about the payouts you can receive!

Gold Sales at a Halt as Prices Soar....

Hot news came this week about the U.S. temporarily suspending sales of the American Buffalos due to fear of running out of the treasured coins.

The 24 karat gold American Buffalo coins were first introduced in 2006. The coins were authorized by Congress for the United States to enter international gold bullion market with competing coins like the South African Krugerrand and the Canadian Maple. The American Buffalos hold a face value of $50, but are priced accordingly with the international gold market. The coin is a one ounce gold bullion coin.

Due to the ongoing economic crisis, consumers are flocking to gold as a safe hedge against inflation. The current demand for the American Buffalo has exceeded the supply and the Mint is depleted of inventory. Sales were temporarily suspended due to demand up over 54% from a year ago

We will be paying attention to the current gold situation…..Cash4Gold.com is your source for selling old or unwanted gold. We buy old or broken jewelry, gold coins, or broken items containing gold. Visit our website at www.cash4gold.com to see the prices we pay when you sell your gold!

One-Man Gold Mine

The LA Times’ Peter King wrote a story this week about Perry Cottingham, a one-man gold mine operation that has operated for the past thirty years.

A former stock car racer, Cottingham owns his gold mining operation in the Sierra mountains, outside Sacramento and near Fresno. He headed to the hills after purchasing a metal detector in the 70s, and finding $22,000 with it. After that, he headed to the hills and bought a property with an old gold mine on it. Cottingham’s family had a history of gold mining, and he went to work immediately.

Cottingham has sold “a substantial amount” of his gold throughout the last year. He has sold most of the gold from $910-$1,000 an ounce over the last year’s rise. He continues to pay attention to the daily gold prices as they again hover at the $1,000 mark.

"…Gold is always worth something," he said. "You can never go wrong with it. You just have to be willing to wait for the price to go up before you sell it off. What they call this catastrophe actually has been good for gold and oil and commodities."
Perry Cottingham, L.A. Times article by Peter King

Mining has apparently turned up over $13 million in gold in California in the past year.

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Cash4Gold.com - Soaring in Uncertain Times

The U.S. Economy and the bailout plan have been hot topics in the international investment market. As uncertainty has gained momentum, gold prices have been soaring.

As the U.S. government deals with the housing and credit crises, international concern has escalated. This has been the worst financial situation since the Great Depression. The comparisons between our current economic scenario and the 1930s have one consistent – gold. Gold as we have always heard is a hedge against inflation and has remained a safe haven in these uncertain times. Gold is expected to continue to benefit, as the international banking system attempts to stabilize.

Gold prices are at all-time highs!!! This is the perfect time to get cash for your old gold and broken jewelry. Cash4Gold buys gold, platinum, and silver. Visit www.cash4gold.com to see the prices we pay for your gold jewelry!

Gold Mining to Increase as Price Soars

The Diario de Cuyo publication announced that Barrick Gold Corporation, one of the largest gold miners in the country, looks like it might be moving forward on a $3 billion gold and silver project between Chile and Argentina.

Pascua Lama, the intended mining site, is located in the Andes mountains between Argentina and Chile. It is known as one of the world’s largest gold and silver deposits, holding over seventeen million ounces of gold.

There is a scheduled meeting in October in Santiago, Chile between country officials and Barrick, to decide whether an agreement can be reached. Mining has been delayed due to the unsettling of tax matters between the two countries. Barrick has already conceded in environmental areas, agreeing to leave nearby glaciers untouched and unharmed.

It is imperative that mining begin for two purposes. The first, is that if mining does not begin quickly, the summer season will be over in South America. The mining must occur from September to April, due to weather constraints. The second reason that mining is expected to start quickly is the current price of gold.

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Indian Gold Demand Increase Price?

The Indian wedding season is coming up, and we will soon see a surge in demand for gold.

Indians have a special affinity for gold that is not deterred by the current pricing. However, many are asking the question of whether its better to buy now, or wait until the U.S. financial crisis calms down.

From October to January, and again from April to May is the Indian wedding season. Traditionally, gold is given to Indian brides, as it is representative of times when a woman’s jewelry was the only commodity of worth that a woman had. Brides are married with thick gold chains as part of their bridal dressing that represents security. India, the world’s largest gold consumer at about 30 percent, imports quite a bit of gold for over 10 million marriages a year.

Gold is a great asset right now. Get top dollar for your old or broken gold jewelry! Visit www.cash4gold.com to see the prices we pay for your old gold.