There is no better time than now for you to be selling gold jewelry. Do you want to know why? In case you haven’t heard, you’ve been lost on a desert island someplace, or you’ve been preoccupied getting depressed due to all of the bad news pertaining to the state of the economy nowadays to listen to the good news, the price of gold is ever increasing as of this writing, valued at well over a grand per ounce. That is correct, you read correctly: You should sell gold jewelry right now due to the fact that it is worth well over one grand per ounce!

Gold has been constantly rising over the past decade, staying well above 20% every year, the sole exception being a 5.6 percent loss in the year 2008. Even in the year 2009, gold managed to recover from the global recession and climb back up again already, at a 23% increase from year 2008 levels!

So what does that mean to owners of gold? It means that while the cyclical boom and busts, and the rise and fall of the dot coms, the boom and bust of real estate, the near-collapse of the stock market, and the decline of the US dollar, all have proven to be extremely volatile investment vehicles, the only stable investment vehicle during this entire period has been none other than gold.

So if you have been holding onto gold for a long time, now would be a good time to cash in on it, if you are in need of some extra cash due to this global economic recession that we have just been through.

So where should you be selling gold jewelry? Who should we be selling gold jewelry to? And how can we be sure that you get the most lucrative price?

These are all extremely good questions. There are two parts to the answer:

1. You should avoid selling gold jewelry to a retail operation, a pawn-shop, at a jewelry exchange. Really any type of customer-focused retail store is a bad idea. Why is that the case? Because these stores are in in business for flipping gold. They want to purchase gold from you for the purpose of of reselling it straight away, and earning a profit in the process. They essentially gold brokers and wish to earn a commission using the classic “”buy low to sell high” strategy. So quite naturally, that they are be up against tight margins of profit and would not be open to offer you as much as you would like.

2. You ought to be reselling your gold to a gold refinery. Why? Because a refinery of gold does business by acquiring gold, melting it down, and redistributing the raw gold to other companies. There exists no middle man. There is no flipping gold for profit. They are able to offer you a better price for your gold because the margin of profit in this particular situation is wider. So it creates a win-win solution that satisfies both you and the refinery.

Gold is a solid investment vehicle, and has remained so while we have seen the rise and fall of the dot coms, the housing bubble, the stock market crash of 2008, and the devaluation of the US dollar. So now is a better time than any to be selling gold jewelry