Tuesday, March 23, 2010

Trading Cash For Gold? 7 Tips to Avoid Problems When Trading Cash For Gold

by Frank Kerley

With so many cash for gold companies appearing everywhere it's very hard to know which ones are for real and which ones are a cash for gold scam. You can spend hours searching through all the information on the internet but unless you know what to look for you're just wasting your time. I'm going to help you spot the cash for gold scam, so that you can avoid being a victim.

The recession has fueled the gold selling market and many companies have been formed to take advantage of this opportunity. When the dollar is down precious metals such as gold will go up. It's the law of supply and demand. So the question is "If you need to sell gold for cash how do you avoid the whole cash for gold scam?"

I've put together a list of 7 tips for you to follow in order to avoid being scammed:

Are they BBB (Better Business Bureau) Accredited?
How long have they been in business?
How much do they pay for your gold?
Have they been reviewed in any independent studies?
Are they willing to send your jewelry back if you don't like the appraisal?
What is their customer service rating?
How long is their satisfaction guarantee?
Armed with these 7 tips you will be well prepared to make the right choice when deciding which company to use to sell your gold. Selling your old unwanted or broken jewelry can be a good idea as long as you get a fair price and quality service. Save yourself the headache and do your homework.
The only way to truly feel comfortable with a broker is to have firsthand experience working with them. It wouldn't be a bad idea to test out a particular company first by only selling a them small portion of your gold. Once you are familiar and comfortable working with a them you can continue to do business with them knowing they are not a cash for gold scam operation.

Want to learn how to get 3x's More cash for gold? Don't become a victim of the cash for gold scam. To read a full Consumer Report and watch a Special News Report Video visit http://www.CashForGoldReports.com If you are seriously interested in selling gold don't do anything before you visit this website.

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