Cash For Gold: Are You Sending the Kids To College?

Oct. 28, 2013 - PRLog -- Considering tuition, room and board and other associated costs of college skyrocketing out of control, in addition to a growing uncertainty that a traditional four year degree does not assure future employment, more and more families are looking for alternatives to the traditional options for undergraduate studies. One of the most popular solutions being embraced is to spend the first two years at a smaller level, local school, a state university or a community college, to get basic requirements out of the way while determining what the student chooses as his or her focus. To keep costs low and not be saddled with high interest student loans for several years after school, many beginning students are turning to their old unwanted jewelry and getting cash for gold. The value of gold is at an all-time high these days, providing a return on an unexpected investment, and in many cases providing enough money to cover the substantially lower costs of their preliminary studies. Freed from this earlier debt, it allows for that many more opportunities for their future studies.

“We see a lot of people coming in to get cash for gold.” @ http://www.sachsjewelers.com/gold-buying.html One buyer from Sachs Jewelers went on the record as saying, “I’m not going to lie but sometimes when they say on what they are going to spend the money, I just cringe a little inside. We’re happy to provide the service for them, but there are times I just want to say ‘Are you sure that’s the best thing you could be spending your money on?’ That is why I feel great when I see young people and their families coming in and talking about how the money that they are getting will be helping them continue their education.”

When it comes time to sell your gold jewelry he did suggest that sooner would be a better time than later. Even though the market for precious commodities is typically immune to the variants of global economic uncertainty, many developing markets use gold as their standard for currency, and any prolonged financial issues could lower the value, so the time to cash in is now.