Cash for Gold

There has been a rise in Cash for Gold advertising, especially on television networks.  The whole cash for gold concept started in the United States to try and help aliviate the pressures during the credit crunch. You basically go to their website and register, they send you a bag. You fill the bag and send it off. They then send you a cheque.  The gold is then melted down in a refinery into gold bullion.

But your probably wondering is it worth doing.  Well its been reported that people are recieving between 40-50% its worth.  So although you may not get its full value or in some cases significantly less than you paid for it, it may be the needed cash injection needed during the current economic climate.  If you dont really need the cash but are looking for a little extra cash then maybe exploring other avenues first may be the answer.

One concern that many have is the suddern gold rush is going to cause a rise in burgleries.