The U.A. Fas Blog

There’s no more appropriate time than the present for you to sell gold jewelry. Would you want to know why? In case you haven’t heard, you’ve been hiding in a cave someplace, or you’ve been too preoccupied with obsessing due to all of the bad news about the economy these days to listen to the good news, the price of gold is on a rise at the present, valued at well above one thousand dollars per ounce. That is correct, you didn’t misread: You should be selling gold jewelry now because it is valued at well over one thousand dollars per ounce!Gold has been consistently over the last ten years, staying well above 20% every year, the sole exception being a 5.6% decline in 2008. Even in the 2009, gold has managed to recover from the global recession and climb back up again already, at a 23 percent increase from 2008 levels!So what does that mean to you? It tells you that despite the cyclical boom and busts, and the rise and decline of the dot coms, the boom and bust of real estate, the near-collapse of the stock market, and the decline of the US dollar, all have proven to be extremely risky investment vehicles, the only stable investment throughout this entire time has been gold.So if you have been in possession of gold for some time, now would be a perfect time to cash in on it, if you are in need of some cash as a result of this economic recession that we have all just been through.So where should we be selling gold jewelry? To whom should we be selling gold jewelry to? How can we be sure that you redeem the highest value?These are all very good questions. There are two parts to the answer:1. You should avoid selling your gold to a retail operation, a pawn-shop, or jewelry exchange. Essentially any type of direct-to-consumer retail shop is a terrible idea. Why is that the case? Because these stores are in in business for flipping gold. They want to obtain gold from you for the purposes of of reselling it right away, and making money in the process. They basically are gold brokerages and look to earn commissions using the old \”buy low and sell high\” strategy. So quite naturally, that they would be be up against tight margins of profit and would not be open to offer you the price that you would be happy with.2. You really should be reselling your gold directly to a gold refinery. Why is this the case? Because a gold refinery does business by procuring gold, melting it down, and remanufacturing the gold raw material to other companies. There is no middle man. There is no flipping gold involved. They can offer you a higher price for your gold because the profit margin in this particular situation is much greater. Therefore it creates a winning solution that satisfies both you and the refinery.Gold is a stable investment, and has remained so all the while that we have seen the boom and bust of the dot coms, the real estate bubble and burst, the stock market crash of 2008, and the devaluation of the dollar. So now is the best time to be sell gold jewelry