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FREE UPDATES Enter your e-mail eBook Download - How to Make Money in the Home Based Salvage and Recycling Business Learn More Free Report - Tons of Gold in Thrown Away Cell Phones Learn More Popular Articles: Make Money in Aluminum Recycling & Salvage: Winter Storms Bring Recycling Profits Recycling for Renewable and Alternative Energy: The next new big thing in recycling and salvage? Home Based Recycling and Salvage 101: Bootsrap Yourself out of the Recession Learn How to Make Money Bootstrapping: Start Your Home-Based Recycling & Salvage Business With Little Cash & Without Going in Debt High profits come from turning over your recycled and salvage material as quickly and as often as possible Green Recycling Business: Gold from Electronic, Telecommunication & Computer Scrap Part 3: Finding Markets and Getting the Equipment You Need Home-Based Recycling Business Profits: Sell Used Tech Gadgets for Cash Green Home Based Business: Gold from Electronic, Telecommunication & Computer Scrap Part 1: To find the "gold" keep your eyes and ears open Gold from Electronic, Telecommunication & Computer Scrap Part 2: Winning the Contract VIDEOS: Recycling and Recovering Gold from Electronic & Computer Scrap RECYCLING OLD COMPUTERS? Here are $1.2 Billion Reasons You Should Starting an Electronics Recycling Business USGS Report : Obsolete Computers, "Gold Mine," or High-Tech Trash? Resource Recovery from Recycling Northeast Recycling Council: Setting Up an Electronic Recycling Business Salvage Lumber Success in Petaluma: $700,000 in three years Make Money With Used Lumber: Deconstruction and Lumbering of Found Logs Makes Good Business Sense Deconstructing for dollars: Recycling building materials can mean more than simply salvaging light fixtures Building Deconstruction and Material Reuse in Washington, D.C. A Regional Opportunity to Promote Deconstruction and Reuse of Building Materials at JFK Corporate Square How to Work out What Your Scrap Gold is Worth Scrap Gold Price - Buying and Selling Know what you're doing when selling scrap gold How to Calculate the Value of Scrap Gold

Make Money Buying & Selling Gold, but Beware Gullible Consumers May Get Gored on Gold Price: Sellers Beware Sponsors Source: applesofgold.com Beware of Gold Buying Scams March 16, 2009 by Martha Rooks With unemployment up, the price of gold hitting $1000 an ounce in the last thirty days, and many people outright "spooked" by the economy, you may be thinking it's a good time to unload some gold jewelry. Maybe a few rings from your college years? A necklace from the 1980's that just isn't in style anymore? Or even a family heirloom that you've never been fond of. If that's what you're thinking, then there are lots of people ready to talk to you. Unfortunately, not all of them are scupulous. Scammers are on the gold-buying circuit, promising everything from "the highest per ounce price being paid" to "overnight cash back." "It's easy," they say, to "turn Jewelry into CASH" like in the advertisement shown here. (Don't click on that , by the way. It'll just frustrate you.) But let me first say this: with the recession at full throttle, this is not the time to be making quick deals with people you don't know. Media representatives are reporting that consumers are being taken advantage of by unscupulous gold buyers and it has been an expensive lesson to learn. In fact, to get a look what's being written about them by former employees, check out the ComplaintsBoard.com, where someone claiming to be a former employee of Cash4Gold.com has offered their behind the scenes take on the company and� it ain't pretty! One local TV station in San Diego decided to try a few of the bigger name gold buying websites. They bought their own gold rings for $58 each. They sent them off to three different websites: www.cash4gold.com, www.goldkit.com, and www.getgoldcash.com. One of the sites returned $2.80. Another sent $2.92 (and then later "upped their offer, sending another check for $4.99) and a third sent a check for $7.63. They took the fourth ring to a pawnshop in the area and got $18 for it. Sponsors Now we all know that jewelry made of precious metals and gemstones are more expensive than gold by the ounce, because of the workmanship. (And thus, you can't sell it to a pawnshop or anyone and get the value that you paid for it, because you as the purchaser are paying for a "work of art" which the repurchasing agent may not be interested in) but falling from the range of $58 to roughly one-tenth of the value is not evidence of the value of scrap metal; it's evidence of that sellers are being caught at a severe disadvantage. (And I personally have never understood how you get your jewelry back, if you don't accept their "offer?") So here's the best advice: buy and sell from a reputable jeweler. Deal with people you know. If dealing with an online jeweler, check their credentials and BBB Rating. Very importantly: Make sure they publish their rates on their website clearly before sending them your gold! If company does not publicly list rates or makes it hard to find, its because they have something to hide! Go armed with knowledge. Find out how much gold you have before you take it in for them to weigh. And find out what the spot price is. If you know approximately how much value you've got, you'll be able to negotiate a lot more effectively. And about the heirloom that you're not so sure of? Keep it and sell the necklace from the 1980's. The heavy gold will be back one of these days, but family treasures never go out of style. Click here to learn how you can make the money that you need and want in this home-based business. <-- Recycling Secrets <-- Home Based Salvage & Recycling Business Michael Meuser bootstrapped his way into the salvage and recycling business in the early 1980s. He began with building deconstruction and scrap metals and then moved into electronics, computer and telecommunications scrap where he learned to recover gold and other precious metal. Michael tells his story, provides resources and offers his advice at his website, RecyclingSecrets.com, and his blog, Recycling Secrets Blog. Recently Mike completed the eBook How to Make Money in the Home Based Salvage and Recycling Business. It is a chronicle of his experiences, successes and failures in the business. Also, you can follow Michael on Twitter. Email Mike Return to: Recycling Secrets Sponsors

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