subject: Gold Has Hit The Roof And Now Is The Time To Sell [print this page] In the mid 90s or even in the 80s you may have taken that old gold jewellery to the gold dealer to see what you could get for them. You usually came out disappointed finding out that it really wasnt even worth your effort because you could barely get a cup of coffee with what was offered you. Well, now, all of that has changed, Gold has increased in value a great deal and you may find those old gold remnants to really be worth something now.
This is probably the worst economic crisis in 50 years, and when the world experiences financial crisis then products like gold are stable and go up. You see gold is seen as a safe asset and holds its value whereas other assets like stocks and shares lose their value. This is the time when government and investors buy gold. What does this mean for you the small guy? Well, it means that when investors buy gold the price rises and this means that people can actually sell old gold they have in their homes and make a profit.
Just six months ago everyone was flabbergasted when they saw the price of gold hit $1000 an ounce, but now it has hit $1200 an ounce. This information cant be wrong, after all, China has just doubled its gold reserves, and India just bought another 200 tons of the metal which raises the price even further.
If you had gone to a gold buyer in 1999 and tried to sell that old gold of yours, you would have gotten something around $252 an ounce, but now that price has more than tripled. This all means that there is no better time to get rid of that old jewellery and make a nice profit. Gold is still an asset and just as it has gone up, so can it go down in value, especially when the economy begins to pick up again.
If you sell your gold now then you can get the best possible price for that old gold. What do you need to do to sell that gold? Really all you need to do is go online to find a buyer, and then pick up the phone.
Most of us have that old jewellery lying around the house somewhere. It is stored in that old jewellery box you havent opened in years. Why leave it there to be lost or misplaced when instead you can sell it and use the money to pay off those bills in these tough economic times.
You may actually be struggling to pay off those utility bills and keep your head above water when you have cash just lying there and you may not even know it. Sell that old gold today and get enough money to pay off all your bills. All you have to do is email the gold buyer and get that old gold to him and you are set.
