Cash4Gold Featured on Money Talks: Cash4Gold Business is Booming
POMPANO BEACH, Fla. (Billboard Publicity Wire via Business Wire EON) July 9, 2008 --
Cash4Gold President, Howard Mofshin was featured in “Selling
Gold Jewelry By Mail,” a piece on the
prestigious consumer reporting show, Money Talks with Stacy Johnson.
There has been much attention paid to the precious metals industry of
late, considering the soaring prices being paid for gold.
Mofshin claims that Cash4Gold, the largest gold
buyer online, has seen a recent increase in the amount of people who
want to trade their old jewelry and turn it into cash. Unlike
traditional pawn shops and jewelry stores, Mofshin claims, “I
buy jewelry
from the public all over the nation.”
Cash4Gold receives thousands of packages per day that are accepted at
its Florida-based facility where it is processed, paid for, and
eventually melted down in the company’s
refinery. Clearly, there is a certain need that the company is
fulfilling. Their growth has been explosive - two years ago the company
had fewer than 15 employees. Today it employs 135 people.
Johnson cites the current economy and the high value of gold, along with
the element of anonymity as credits for the recent success. His Golden
Rule for achieving a successful payout? No matter where you sell, “shop
it around.”
Ron West, an Investment Advisor spoke regarding the continual rise in
gold and the fact that there is no sign of it going back down. “We
see gold going to $1200 to $1500 an ounce,” he
says.
Mofshin also states that consumers should not expect the $900 per ounce
that is being charged to buy gold, but most gold purchasers will pay
50-80% of the current gold
“spot price,”
depending upon the amount being traded in.
Stacy Johnson has been a respected TV journalist for over 20 years. He
is licensed as a CPA, stockbroker, commodities broker, options
principal, real estate agent, and life insurance agent. Johnson has
created over 3,000 consumer news pieces and has also written two books, Life
or Debt and Money Made Simple.
Money Talks is a “consumer and personal
finance news feature that airs three times a week”
within local TV newscasts in over 80 cities.
About Cash4Gold.com
Cash4Gold.com is part of Albar
Precious Metal Refining, Inc. one of the industry's most respected
refiners and has consistently received an A Rating from the Better
Business Bureau for seven straight years. Opened in 2001 and managed by
a team of professionals with over 60 years in the industry, Cash4Gold
has achieved a national reputation for growth by making Entrepreneur
Magazine's "Hot 500" list for 2007 of fastest growing companies and is
the only refinery ever to be listed in the prestigious Inc. Magazine
list of the Fastest Growing Companies in America. Hundreds of thousands
of customers have been served by Cash4Gold with millions of dollars paid
out. The company's services can be seen on national television spots and
heard on satellite radio.
For more information about Cash4Gold, and to speak with a company
official, please contact Howard Mofshin, President, at 954-970-3222 ext
109 or visit www.Cash4Gold.com.
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