Chateau Dale Blog

There’s no more appropriate time than the present for you to be Selling Gold jewelery .Do you know why? Unless you haven’t heard, you’ve been hiding under a rock someplace, or you’ve been too preoccupied sulking over all of the bleak news about the economy nowadays to listen to the good news, the price of gold is ever increasing right now, worth well above one thousand dollars per ounce. That is correct, you didn’t misread: You ought to be selling gold jewelry right now because it is worth well over one thousand dollars per ounce!Gold has been on a consistent rise over the last couple of decades, averaging well above twenty percent each year, the only exception being a 5.6 percent loss in the year 2008. Even in the 2009, gold managed to recover from the global economic recession and rebound already, at a 23% increase from year 2008 levels!So what does that mean to owners of gold? It means that while cyclical boom and busts, and the rise and fall of the dot coms, the boom and bust of real estate, the near-collapse of the stock market, and the devaluation of the US dollar, all have proven to be rather volatile investments, the only stable investment throughout this entire period has been none other than gold.So if you have been holding onto gold for some time, now would be a great time to cash in on it, if you are in need of some extra cash due to this recession that we have just been through.So where ought you be selling gold jewelry? To whom should you be selling gold jewelry to? And how can one be certain that you earn the highest value?These are all extremely good questions. There are two parts to the answer:1. Avoid selling your gold to a retail operation, at a pawn-shop, or a jewelry exchange. Really any type of direct-to-consumer retail operation is a terrible idea. Why is that the case? This is because retail stores are in in business for flipping gold. They wish to purchase gold from you for the purposes of of reselling it right away, and making money in the process. They essentially gold brokers who are seeking to earn a commission using the classic buy low and sell high plan. So quite naturally, that they are be up against narrow profit margins and wouldn’t be able to offer you the price that you would be happy with.2. You should be selling your gold directly to a gold refinery. Why? Because a gold refinery is in the business of acquiring gold, melting it, and redistributing the gold raw material to other companies. There is no middle man. There is no flipping gold involved. They can offer a much better price for your gold because the profit margin in this particular situation is greater. Thus it creates a win-win solution that satisfies both the refinery and you.Gold is a solid investment, and has continued to remain so while we have witnessed the boom and bust of the dot coms, the housing bubble and burst, the market crash of the year 2008, and the devaluation of the US dollar. So now is the best time to be selling gold jewelry online