Wednesday, January 26, 2011

Tips on Protecting Your Gold Investments

If you are one of the many people to have wisely invested in gold over the years—whether it be gold jewelry, watches, coins, or even stocks, it’s important that you know how to protect your investment from theft, robbery, or otherwise.

There are a number of ways to keep your gold safe, as well as options to rid yourself of the responsibility of keeping your gold safe, by selling your gold for cash and putting it in the bank. We want to make sure you know all of your options when it comes to your gold, so that you can get the most out of your investment.

For those of you with expensive gold jewelry, antiques, watches, coins and other valuables at your home, we encourage you to consider storing your gold items in a safe. No matter what size safe you choose for your home, know that it should be safely bolted to the floor so that it cannot be easily removed from the home in the event of a break-in. Recently, we have had a lot of customers coming into our stores reporting robberies and thefts in their neighborhoods. And what was the number one item being stolen from the homes in their neighborhood? Gold. Which is why we urge you to plan now, in order to prevent the same thing happening to your precious investments.

Another great way to protect your gold investments against theft is by storing it inside of a safe deposit box, which is a fireproof metal box fitted with two separately keyed locks. You can rent a safe deposit box at your local bank and feel safe knowing that your investments are not only under lock and key in your safe deposit box, but also stored within your bank’s vault—which requires an identification check before being accessed.

However, considering that gold prices are at an all-time high ($1,333 per ounce with a projected increase throughout 2011), now is also a great time to get a huge return on your investment by selling your gold for cash at Joe’s.

Simply search your home for any gold or silver items you would like to sell for cash (see, if they were all in one place, like a safe, this would be a lot easier!) and bring them to one of our 5 convenient locations. From there, one of our friendly associates will inspect and weigh your items and let you know the highest price we can give you for your items. If you like the number (and we promise, you will!) you’ll be paid in cash, right on the spot.
You can use the money you make from selling your gold to pay off pesky bills that may have been piling up, like car payments or mortgages, or finally take that vacation you’ve been dreaming of for years!

So, if you’re going to keep your gold at home, we encourage you to consider a few of the storage options and safety precautions we mentioned here, in order to keep your gold investments safe. But if you’re ready to cash in on your gold and receive some of the highest payouts in history (and rid yourself of the burden of keeping valuable gold in your home!), come to Joe’s Gold and Silver Exchange and we’ll make sure you get the most out of your investments.

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