Saturday, February 7, 2009

Cash for Gold?

I have seen so many commercials asking people to send in their gold jewelry for cash, that it makes me wonder. If so many companies are willing to pay cash for it, maybe I should keep it. I mean, I don't know who these people are. I would rather do business in person. I also worry about the Post Office employees. They know by the envelope what's inside. What if someone just opens it and takes it? Then I have nothing. What do they know that I don't? Will paper money be useless in the future? Could be, the way the economy is. I am like a lot of people, not rich, need money, but selling my gold is very hard to do. It's hard to let go of. Maybe I could use it to barter with if things get worse.

But, if you go this way, please have your gold weighed so you know how much your sending in. An average return is 85%. Also, ask for a detailed report on the items you sent.