Volatile Market Prices Actually Have a Very-Small Effect on a Seller’s Cash Return for Precious Metals

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Cash for Gold Co.

Cash for Gold Co. Pays You More

Los Angeles, CA, November 11, 2011 — Los Angeles, California – Cash for Gold Co, one of the Internet’s largest buyers of precious metals, has reported that their customer base has not declined despite wildly-fluctuating market prices for gold, silver and platinum.

According to Joe Montes, president, “Several months ago, we believed that our number of new sellers might slow down due to the volatile global economy. However, the spot market prices for gold, platinum and silver have remained high, undoubtedly due to consumer insecurity resulting from European economic problems and continued high U.S. unemployment rates. Our company’s customer base has continued to increase at the rate of about 12-15% per month since the 1st quarter of 2011.

The reality of precious metal economics is simply that these short-term price declines actually have little effect on how much a seller will receive and the small difference pales in comparison to people’s need for extra money during these difficult times. For example, a drop of $50.00/ounce in the price of gold translates to a drop of just $1.60/gram when selling gold jewelry. Thus, a 15 gram necklace would only be worth $24.00 less than it would have been before the decline. That’s why we continually urge people to sell now when they need fast cash, rather than to wait for some small price increase.”

Cash for Gold Co buys any kind of broken or unwanted gold jewelry, coins, ingots and scrap gold from any manufacturer, anywhere, regardless of its age. The company also buys silver, platinum and prong-mounted diamonds of -carat or more from sellers nationwide.

Their website can be reviewed at: http://cashforgoldco.com/ .

Cash for Gold Co has a business philosophy committed to paying the highest-possible percentage of actual total value determined by assay and the current spot market prices. The company also puts serious emphasis on the type and quality of customer service which makes certain that there are never any ‘unresolved’ complaints on record.

Many experts are predicting that the prices of precious metals could go well above their current record levels if Europe’s major financial issues are successfully resolved. If this happens, Cash for Gold Co is prepared to handle even higher numbers of sellers as efficiently as ever.

FOR MORE INFORMATION:
CASH FOR GOLD CO
Joe Montes, President
E-mail: info@cashforgoldco.com
Tel:1-(888) 544-6532