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Considering the actual condition of the American economy and the forever increasing movement upwards in gold and silver prices , it is necessary that people are taking out their damaged Gold, silver and other precious metals and are getting rid of them to cash 4 gold refineries in an effort to come up with some additional cash to get rid of some bills to to meet their next payments.Assuming you are experiencing the same situation you will need to methodically do your investigative work before distributing your gold jewelry to just any gold dealers for the reasons that there are an ever increasing number of scam cash for gold companies in the jewelry buying industry who will without conscience take advantage of your desperate situation and give almost nothing for your gold.Although this way of doing business may not be fraudulent by definition, it is in any case, very wrong and I am here to inform those of you who might be considering exchanging your outdated gold to be certain to refrain from dealing with businesses that are posing as gold brokers and to conduct business only with precious metal refineries or cash 4 gold buyers that have their own personal precious metal refineriesThe truth is, cash4gold businesses are nothing more than middle men between you and a gold refinery and because of that they will give you about 30% of the true value for your fine jewelry and quickly resell it directly to a precious metal dealer themselves and they will be keeping the larger share and in turn you receive a few measly dollars.In recent days, Fox news implemented a sort of undercover operation, in that they brought in three identical items of jewelry to three separate cash for gold dealers and waited for their payout and while all of the businesses did in fact send a check for their old gold, only one of those cash for gold businesses actually gave the current market value while the other two companies payed about 30% of today’s real value.The 2 businesses that payed out such a small amount were acting as middle men while the third gold buyer that payed the current market value did in fact own their own precious metal refinery, so it is consumer beware in this business and I highly suggest that you do your utmost before parting with unwanted gold, silver or platinum jewelry so that you can’t get sucked into the cash for gold scam