Florida Gold Parties Help Pay Bills During Tough Economic Times
| Cash for Unwanted Gold - What is the newest trend in these tough economic times? People generating their own 'economic stimulus' by selling off their unwanted and old gold for hard cash. FOR IMMEDIATE RELEASE PRLog (Press Release) – Mar 16, 2009 – We've all seen the Cash For Gold commercials on TV. Well, forget Tupperware or Mary Kay parties. The ailing economy has helped spark a new rage in home parties where the goal is selling, not buying, and this growing phenomenon has become increasingly popular in suburban neighborhoods all across America. Visit http://www.FastCashGoldParties.com to learn more. Cash For Gold Parties Spawned By Weak Economy and Price of Gold Their are a number of factors that have contributed to the growth of these 'cash for gold' parties. According to those in the know, the biggest contributor has been the weak economy and the fact that gold prices have shot up to as much as $1,000 an ounce in recent months. "The price of gold has risen so quickly," said Jim Steel, a commodities analyst with HSBC. "There's always some gold recycling going on, but the trade price has to rise to a great degree to see a jump in recycling like this." Pawning Old Gold and Jewelry Pawnshop owners like Paul Mikel have been reporting they've seen a significant increase in the number of people bringing in gold and unwanted jewelry to sell. The trend was first noticed about a year ago and has been on the rise ever since. Around the same time, Paul's wife Stacey, who worked in the mortgage business, was struggling with the collapse of the housing market and the ensuing credit crunch. So back in June they decided to do something about it and created a gold party business, http://www.FastCashGoldParties.com. The Fast Cash For Gold Parties Business "We realized that some people have never really sold their jewelry before, and many don't feel comfortable going to a pawnshop or jewelry store," said Stacey Mikel. "Gold parties are a really good thing because they feel more comfortable in their home or their friend's home." According to Stacey, the Jupiter-based 'cash for gold' company now has 20 employees locally, as well as a number of licensed secondhand dealers doing parties in other states such as Texas, Kansas, Colorado, Minnesota and Ohio. How Much Does Fast Cash For Gold Pay For Gold? The Mikels claim that although the price paid for the old gold does fluctuate with gold prices, it is generally between 70 percent and 75 percent of the gold value the day of the purchase. Those attending 'gold parties' say the draw is simply a little extra cash to help pay the bills and tide them over during these tough economic times. Others say they come to see how much an old piece of jewelry or family heirloom may be worth. In many cases, they come to get rid of unwanted gold items or even undesirable memories. To learn more about Fast Cash Gold Parties, visit their website a thttp://www.FastCashGoldParties.com. # # # The main reason we started fastcashgoldparties.com is because we wanted a way to earn a great income without having to sacrifice time being parents and time with the family. We started out slowly doing a few parties here and there with close friends and family and things just took off. We started meeting many people who fell in love with our concept of a party where people actually make money instead of spending it. That is when we decided this is something we'd share with as many people as we could so they could benefit from our experience. |
