Happy Valentine's Day!

Valentine's Day is about showing the ones you love how much you appreciate them. Some people do this with flowers, cards, chocolates, and others kick it up a notch and purchase jewelry! When looking back, many of us have gold jewelry from previous Valentine's that are either outdated, broken, or are from past relationships we would rather forget. If this is the case, why not make some room this Valentine's Day and send in that old and unwanted jewelry and make cash!

Holiday Blues?

Although the holidays are officially over, many people still have holiday bills lingering over their shoulders. You may have these unwanted bills, but you may also have some unwanted, broken jewelry that can be turned into immediate cash! Many people are surprised to find that they have held onto unwanted and broken jewelry that can be worth so much. Request our free Jewelry Return Pack today and turn that jewelry into cash and cure those holiday blues!

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!

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!

Olympics Feature Commemorative Gold Jewelry

Jeweler Roberto Coin created several pieces this year in honor of the Beijing Olympics and Chinese culture. Among the pieces are:

• $31,000 golden sneaker made of 24 karat gold varnished nappa leather that is then coated with a PVC lacquered film. The sneaker has an 18kt yellow gold clasp and a small ruby, the signature of Coin’s work.

• $620 gold boxing glove pendant with diamond accents– honoring the past US boxers such as de la Hoya and Mohammed Ali.

• $1,580 white gold, diamond, and black sapphire panda – a symbol of good luck in Chinese culture and the national symbol

• $520 diamond pave peace necklace – symbolizing the unity of nations for the two weeks of the Olympics.

8/8/08 has special significance for the Chinese and the Beijing Olympics were highly anticipated and watched – receiving gold ratings for networks. Sell your old or broken jewelry and buy something new!!! Visit www.cash4gold.com to learn about our process, our payouts and how to get cash for your gold today!

Gold likely to see short term pressure

Gold's stability has been rocked sending it on a roller coaster ride last week. Gold hit the $1,000-an-ounce mark, before running out of momentum and closing lower than the previous week. Gold closed at $955.40 an ounce down from last week’s $960.60. The technical indicators look to $955 as a crucial support and it will be an important feature to watch out as the market opens for the week on Monday. The emerging pictures for support of gold are not encouraging and everything but politics are cooling down in that region of the world.

Although the tension in Western Asia has now eased, geo-political fears were the ones to first drive gold up. Crude, which has been held accountable for the current bull run in gold has dropped off. This was based on the growing fears of declining economic growth in the US which would translate to a decrease in demand for crude products. As crude declined, fears of inflation receded and in turn, gold came under pressure. The Friday results from Citigroup not only propped up the dollar but also allowed that the financial crisis being felt across the globe was under control. JP Morgan will be releasing results this week to intense scrutiny. Their results can possibly further dictate how the dollar will fare and in turn show gold's future course.

At Cash4Gold.com we will always pay you the highest price for your gold. Simply check our website to see what we will pay you for your unwanted gold scrap and broken gold jewelry. 

Precious metals popping up all over

Gold has raced up in price more than 50% in the last year. Other precious metals have gone along for the ride including platinum and palladium. So, is this the end of fiat currency as we know it, as gold bugs have claimed? has the commodities bubble finally burst and will gold prices head back south? What are the forces jostling the global metals markets?

Boris Schmitz-Thiersen's family has been selling jewelry in the same location in Cologne, Germany, for more than 100 years. He has begun offering bracelets made of a peculiar white metal mined in South Africa. "It's pure palladium," he explains. "Pretty, isn't it?" Yes - and relatively cheap, trading around $450 per troy ounce, compared to just under $2,000 for the same amount of platinum, and about $1,000 for gold. Silver, by contrast, is trading at between $17 and $18 per ounce.

The decision to sell palladium instead of platinum is one of those innocent ideas that if adopted by all the jewelry stores in the universe, could have major ramifications for the price of these two most precious of metals. Jewelry currently accounts for about 20% of total platinum demand, but that, unlike gold, platinum and palladium are primarily industrial metals and not stores of value.

"If prices of platinum get too high, you could see a substitution on the industrial side to palladium," she says. "This is why I'm more bullish on palladium than I am on platinum."

Yet it is platinum's secondary function as a precious metal that is driving prices to the stratosphere.

At Cash4Gold we don't just buy your gold scrap, unused gold jewelry and gold coins. We also buy platinum, silver and other precious metals. Visit our website today to see what precious metals we can buy from you!  Visit www.cash4gold.com for more information!

AMEX Gold BUGS Index

There are two major gold indices that dominate the gold market. These are the Philadelphia Stock Exchange's XAU and the AMEX's Gold BUGS Index.

The major difference between the two is that the BUGS index is comprised exclusively of mining stocks that will not hedge their gold positions more than a year-and-a-half into the future. This practice of unhedging their gold futures makes the BUGS Index much more profitable than the XAU as long as gold prices are rising. When gold prices are dropping however, losses are compounded. BUGS is an acronym for B asket of Unhedged Gold Stocks. The index was introduced on March 15, 1996 with a starting value of 200 .

The most positive characteristic of the BUGS index is that when gold prices are on the rise, the Gold BUGS Index is an excellent way for investors to capitalize on that increase. The index has a high correlation to the current market price of gold. The drawback of the BUGS comes when the price of gold declines. The unhedged Gold BUGS Index falls much faster than its hedged cousin, the XAU. Another issue is that the gold BUGS has an unusual index weighting system can be difficult to understand .

The composition of AMEX Gold BUGS Index is made up of 15 of the nation's largest “unhedged” gold mining stocks . It is a “modified equal-dollar weighted” index. The result is that most of the index's component stocks are equally weighted. Despite the equality the largest stocks still carry a greater weight than the smallest .

At Cash4Gold.com we will always pay you the highest price for your gold. Simply check our website to see what we will pay you for your unwanted gold scrap and broken gold jewelry.