On Wednesday morning, March 30, gold prices reached an unbelievable rate of $1,429.75 per ounce. Analysts believe the latest jobs report might be partially responsible for this "high water mark." How much longer will gold, silver, and other key commodities sell at high value? The answer is uncertain; some experts suggest that, as the economy improves, the stability of gold prices will falter. Other economists make opposite predictions.
What do these complicated economic trends mean for you? Essentially, if you own gold jewelry, artwork, or collectibles that you have been considering trading in for cash, now may be THE time to pull the trigger, assuming you want to optimize your return on investment.
By liquidating gold for cash now, you can use your freed-up funds to pay down any federal or California state taxes you might owe, pay off credit card debts, and stock up your IRAs for 2010 (while there's still time) to minimize your 2010 tax consequences.
On a more fun note… the money you get from trading gold for cash can be used to buy “treats” for yourself and your family over the summer. For instance, maybe you can use the proceeds you collect for selling mismatched jewelry, broken chains, estate jewelry, and scrap gold to pay for a well-deserved vacation to Belize.
Or perhaps you can trade in antique silver teapots, gold flatware, or even dental gold to pay for two weeks of summer camp for your children (i.e. two weeks of blessed “free time” for you and your spouse).
At Joe’s Gold and Silver, a family owned and operated business with a terrific reputation, we guarantee to pay more for your gold and silver than anyone else. Call us today at 818-JOE-GOLD, or visit any one of our four California locations in Encino, Hawaiian Gardens, Lawndale, or Beverly Hills.
Liquidate the gold you find during spring cleaning to fund a dreamy summer of 2011!
Liquidating cash for gold is all I needed to have a good summer. The best idea ever. Very helpful.
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