I really do not know why I am writing this, but after seeing the flurry of bull shit TV advertising that now is the best time to invest in gold, I have to say this.
You buy or invest in gold when it is priced at 300 to 500 dollars an ounce, not when it is almost $1000 per ounce.
Also you buy silver at $2.00 to $6.00 not at 12 to 15 dollars per ounce.
If you sell to these people who advertise and say mail in your gold jewelry or silver, they will pay you approx 1/3 of its current market value.
In other words they will skin you and nail your carcass to the fence.
Now is not the time to buy or invest in precious metals..
Now is the time to sell, but to a reputable local buyer.
Be sure you know the market value going into the deal.
(It fluctuates from day to day.)
The buyer will have to have probably 3+ points for his expenses and profit.
The price spread is up to you and the buyer to decide on. Remember he has to make a profit on the deal and also has shipping expenses to absorb when he mails it to the melting point.
Do not fall for now is the time to buy..It will place you in the brainless side of the deal.