When you take into consideration the latest state of the global economy and the ever increasing spike in gold prices , it is necessary that people are rooting out their damaged gold and silver jewelry and are unloading them to cash 4 gold brokers as a way to come up with some more income to lower their extra debits and to make future bill payments.If you are in the same situation you will need to carefully do your research before selling your gold or silver to just any gold dealers because there is a huge increase in the number of fraudulent cash for gold companies in the precious metal buying business who will happily prey on your financial situation and reward almost nothing for your gold and silver.Although this behavior may not be fraudulent by definition, it is however, totally wrong and I want to make it known to those of you who may be thinking of getting rid of your old unwanted jewelry to be certain to avoid businesses that are posing as gold brokers and to deal only with refineries or cash for gold businesses that utilize their own personal refineriesThe truth is, cash for gold buyers are nothing more than brokers between you and a metal refiner and because of that they will reward you in the neighborhood of 30% of the actual value for your gold jewelry and turn around and resell it directly to a precious metal dealer themselves thereby keeping the largest share and in turn you receive a couple measly bucks.Not so long ago, Fox news conducted a kind of undercover sting, where they delivered three replica pieces of gold jewelry to three separate precious metal companies and waited for their payout and while all three businesses did in fact send a check for their broken jewelry, only 1 of those companies actually submitted the real value of their gold while the other 2 gold buyers payed out 30% of today’s current market value.The 2 businesses that that payed out 1/3 of the market value were acting as middle men while the 3rd gold buyer that payed the most value did in fact own their own in-house refinery, so it is customer beware in this business and I strongly suggest that you do your part before unloading your unwanted gold, silver or platinum jewelry so that you can not become a victim of the cash for gold scam