You will find that there is no more opportune time than now for you to be selling gold jewelry. Would you know why? Unless you haven’t heard, you have been hiding somewhere, or you have been preoccupied getting depressed over all of the bleak news in the economy these days to listen to the good news, the price of gold is ever increasing right now, valued at well over one thousand dollars per ounce. That’s right, you didn’t misread: You should be selling gold jewelry now due to the fact that it is valued at well over one thousand dollars per ounce!Gold has been on a consistent rise over the last couple of decades, staying well above twenty percent each year, the sole exception being a 5.6 percent loss in the year 2008. Even in the year 2009, gold has managed to rebound from the global economic recession and rebound already, at a 23% increase from its 2008 levels!So what does that mean to you? It tells you that despite cyclical boom and busts, and the rise and fall of the dot coms, the rise and fall of real estate, the decline of the stock market, and the devaluation of the US dollar, have all proven to be extremely risky investment vehicles, the only stable investment through this entire time has been gold.So if you have been in possession of gold for a long time, now would be a perfect time to cash it in, if you are in need of some extra cash as a result of this economic recession that we have all just been through.So where should you be selling gold jewelry? To whom should you be selling gold jewelry to? How can one be certain that you earn the highest amount?These are all extremely important questions. There are two parts to the answer:1. You should avoid selling gold jewelry to a retail operation, at a pawn-shop, or a jewelry exchange. Really any type of consumer retail store is not a good idea. Why is this the case? This is because these stores are in the business of flipping gold. They want to buy gold from you with the intention of reselling it straight away, while earning money during the process. They basically are gold brokerages who look to earn a commission using the old buy low to sell high strategy. So it is quite natural, that they would be be dealing tight margins of profit and would not be open to offer you as much as you would like.2. You should be reselling your gold to a refinery of gold. Why is this the case? It is because a refinery of gold does business by acquiring gold, melting it, and remanufacturing the raw material to other businesses. There is no middle man. There is no flipping gold involved. They are able to offer you a better price for your gold because the profit margin in this particular situation is wider. So it makes for a win-win solution that satisfies both the refinery and you.
Gold is a rock solid investment, and has remained so while we have witnessed the rise and fall of the dot coms, the housing bubble, the stock market crash of the year 2008, and the devaluation of the dollar. So there is no better time than the present to be selling gold jewelry