Gold
"Steve B" wrote in message
...
snip-
I believe that the current wave of gold buyers on TV must be rolling in
the dough. A lot of people probably send in diamonds and all, just
getting paid for the gold. And I'm just a little bit suspicious as to
whose gold they are sending in for fast cash.
Steve
You are dead on with your assessment. People are being screwed by these
buyers. KSL TV did a story on this some time ago. Cascade Refining, in
SLC, was found to be quite honest with their customers. If memory serves,
one of the mail-in buyers returned a miserably low percentage, something
like 18%.
It's very difficult to deal in gold unless you are willing to take a
bruising.
Harold
|