Money4Gold Holdings, Inc. (MFGD.OB) – Cash Paid for Precious Metals
Source: http://Blog.QualityStocks.net/?p=13021Posted on Monday, October 20th, 2008 | In Small & Micro Cap
In tough times consumers turn to their old jewelry boxes to cash in on those unused precious metals. Money4Gold increases shareholder value by producing gold, platinum and silver without the risks of mining, large capital costs or the environmental hazards associated with mining. This is a pure recycling play of the 24 karat kind.
Gold and silver, which have been enjoying a sustained rising market, shows no sign of decreasing demand. Manufacturers of technology such as computer parts use gold and silver as conducting wires for their purity in data transmission. Recycled precious metals represent 23%-25% of the global supply each year. In 2007, 29 million ounces of gold came to market worldwide from recycling, an approx. $20 billion marketplace. It’s easy to see how the majority of recycled precious metals, approx. 83%, come from jewelry as consumers are finding any way possible to meet cash needs in a down economy.
Money4Gold’s system is easy and simple to use. Anyone can go to their website Dollars4Gold.com and order a secure G-Pak. The G-Pak is filled with the jewelry and metals that are no longer used and sent the refinery where the items are then inventoried. Professionally trained and experienced appraisers will test your items to verify they contain precious metals and in what purity the precious metal exists (quality). The items are then weighed to determine the exact amount of precious metal received. Then based on the appraisal of your items, a payout value is achieved. A check is sent out the very same day.
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November 21st, 2008 at 6:06 am
I went to the Dollars4gold website – requested the G-Pak and had a check within 2 weeks. Overall great service and I was happy with the price paid.