CL Assay Service lets you access their sophisticated analysis equipment from your living room to make sure you get the highest prices.
Today’s high prices for gold and other precious metals have many people scrounging through drawers and jewelry boxes seeking treasure in broken and unused pieces of jewelry. Almost immediately the question comes up, “How do I know how much this stuff is worth?” And today, well into the gold rush, we have all heard about some of the cash-for-gold scams. What about all the jewelry stores with the “We Buy Gold” signs and adds in the newspaper? There’s even some guy on the corner waving a “Highest Prices for Gold” sign.
We are living in the 21st century, surely technology has an answer. Well it does, only you need to go to a laboratory to find it. Unfortunately, there isn’t a lab on every corner. That’s what makes the service offered by a lab in Palm Beach Gardens, Florida so interesting.
The lab is called CL Assay Service and they call the process an OnLine Assay. They haven’t actually figured out how to analyze your gold by remote control—you still have to get it to them—but the process is easy, safe, and insured. You begin by calling or going on their website and requesting an insured mailer. Once they have the box with the jewelry or coins you have sent them, they contact you and at a convenient time, you sit in front of your PC, and watch them open your box and place it into their high-tech analysis equipment. It is fun to watch. You see the readouts from their instruments on your screen the same as they do and you get to talk to the tech doing the work the whole time. The display clearly shows the gold or other precious metal content of each item. That feeds into another program that calculates the value of your item based on that day’s spot gold price on the world market.
CL Assay Service will then offer to buy your items at the value indicated by their instruments, or you can get your stuff back but you get to keep the analysis reports, which CL Assay will email to you. The whole process is interactive; you get to decide what to do with each item in real time. It’s much more fun than sending your stuff off in the mail and then biting your fingernails hoping to get a nice check back. And there is no disappointment because you were part of the process.
For more information go to CL Assay Online.
Cash for Gold Scams Still on the Rise
What does it say when you do a google search using the terms cash for gold and you get as many results about fraud, rip-offs, and scams as you do for precious metals dealers? Entire web sites devoted to crooks and con men who want your “scrap gold” ought to tell you something.
In the first place, there is no such thing as “scrap gold,” “junk gold,” or “used gold” which is somehow worth less than new gold. Gold is gold, and a scam is a scam.
Right now, there is one very prominent Cash for Gold outfit that is advertising a 20% increase in their payout for a limited time. Kinda makes you wonder just what they were basing their payout on before this current promotion. So, a few facts . . .
Gold is a commodity, and the companies that are buying jewelry, coins, bars, antiques, etc. are only interested in gold, the commodity. They don’t care how old the gold is, nor are they concerned with the workmanship, or whether it came from Tiffany or Wal-Mart. They buy gold to melt it down—end of story.
So, how does one determine the value of that gold bracelet you found in your sweater drawer? The answer is that ONE does not. The price of any commodity is set by the global commodities markets, and that’s just as true for gold as it is for soybeans. That said, anyone in the business of buying gold who does not base their offer on that day’s price in the spot gold market—the only arbiter for what gold is worth—is not engaging in fair trade.
“But isn’t the price of gold dependent on whether it’s 10, 12, 14, or 18 carat gold?” you ask.
NO! Those measures tell you how much of that ring or bracelet is not gold. The actual quantity of pure gold in the item is easily ascertained by any of a number of bona fide assay methods which can determine the precise weight of pure (24 carat) gold.
SUGGESTION: If you are thinking about selling some gold you have, instead of typing in the search term Cash for Gold, try Precious Metals Analysis. It will likely be the difference between finding out what your gold is actually worth in the gold market, and what it is worth to some guy whose expertise is based on how many consumers he has scammed this week.
Precious Metals Assay: Why You Should Have your Jewelry Analyzed
With the price of gold at record highs, many people are looking through their jewelry boxes and catchall drawers to see what they have in the way of “scrap gold.” That’s the term the ‘Cash for Gold’ dealers are using to get you to sell your broken jewelry and other ‘junk gold’ (another term of art) for some quick and easy cash. The ‘Art’ however that too many of these fly-by-night precious metals buyers are engaging in is really the age-old art of the slick pitchman who acts like an expert and talks like a used car salesman. So . . . a few things you should know before you part with Grandmas gold necklace, out of style that it may be.
First of all, since the price you will be quoted for any gold you sell in today’s market is based solely on the value of the metal, there is no such thing as scrap or junk gold. Gold is gold, and that is what you are selling. But how do you know how much gold there is in that necklace? This simple answer is that you don’t. It could be 10 carat, 14 carat, even 18 carat gold—each being a percentage of the amount of gold in the item. 24 carats is pure. Anything less is a mixture of gold and some other metal.
“Then, how does the guy buying my gold know how much it’s worth?” you may ask. Simple answer . . . he only knows what it is worth to him. Any accurate valuation of a piece of gold jewelry by someone who is merely glancing at it is impossible. Unless, of course, they are glancing at it with aid of high-tech equipment that is specifically designed to give a precise reading of the quantity of pure gold contained in the item.
"If you want to sell gold or other precious metals, from broken or unwanted jewelry to precious family heirlooms, you owe it to yourself to have the items analyzed accurately and scientifically before you sell,” says Chris Henry of CL Assay Service, a precious metals analysis lab in Palm Beach Gardens, Florida which offers an online assay process that lets you access their state-of-the-art analysis lab directly from any PC or laptop.
As explained by Alan Forray of the precious metals information blog, The Gold Standard, “The process is simple. The customer fills out an online form. Then, they receive a pre-paid insured mailer to send in their valuables, and the rest happens right before their eyes during a live online teleconference that shows the actual analysis of the precious item using a state-of-the-art XRF (X-Ray Fluorescence) spectrometer which analyzes precious metals down to the fraction of a carat and gives the consumer a precise valuation based on that day’s spot market price.”
“So much has been reported about "Send Us Your Gold" scams that we felt an entirely new approach was needed,” says Henry. “That's why we don't even open your package until you are watching us on your PC. You get to see the entire scientific analysis process and immediately decide if you want to accept our very high offers. If not your items are immediately returned. You know what is happening every step of the way, including tracking your shipments to and from us.”
So, if you are thinking about selling some old jewelry, don’t just swallow the line of some “Cash for Gold” dealer who has set up shop at the local Holiday Inn Express. You owe it to yourself (and Grandma) to find out what your gold is worth before you decide to sell it.
For more information go to CL Assay Service.
CL Assay Offers Real-time Online Web-analysis
You’ve seen the ads asking you to drop your old jewelry and “scrap gold” into an envelope and mail it off to some “We Buy Gold” outfit who will tell you what they think it’s worth and send you a check. Well, now one legitimate precious metals analyst is using his company’s technology and creativity to offer a high-tech computerized approach to not only give consumers an accurate appraisal of their jewelry, coins, and bullion, but to do it right before their eyes, no matter where they are, with the aid of XRF (X-Ray Fluorescence) spectrometers fed “live” to your computer via online teleconferencing.
“I was skeptical at first,” said Alan Forray of West Palm Beach, Florida, who volunteered to take part in a demonstration of the technique. “It sounded way too complicated for a relative computer illiterate such as myself, but the instructions were easy to follow and the results were quite impressive. All I had to do was go to a video/audio teleconferencing website they use, follow the prompts and in under 2 minutes I was live with a technician from CL Assay Service who opened the package I had sent them—popped my ring into their analysis equipment which was hooked up to their computer, and right before my eyes, with the technician explaining the whole process, I saw a computer readout of the assay of my ring that showed the precise gold content and weight and its fair market value. The whole thing probably took less than ten minutes.”
According to Chris Henry, owner of CL Assay Service, his company is on a mission to outwit the scammers that have caused consumers to flood government agencies and consumer organizations with almost daily complaints about the “rip-offs” that are rampant in late-night cable advertising. “Our analysis software produces a clear and concise report which includes photographs of your valuable item as well as the results of the physical analysis. We pay the highest market rate based on current spot market prices. We value your items based on the precise precious metal content - many other buyers assume that all of your gold items contain only 10k gold. We value your items on their exact gold percentage, often more than that indicated by the nominal carat weight.”
The online process, which is now undergoing final testing, is expected to be available to the general public by early summer.
“We are not a scam!” says Henry, adamantly. “We want you to be happy and tell your friends.”
Things to Know Before Investing in Gold
Gold is a monetary metal whose price is determined by inflation, by fluctuations in the dollar and U.S. stocks, by currency-related crises, interest rate volatility and international tensions, and by increases or decreases in the prices of other commodities. The price of gold reacts to supply and demand changes and can be influenced by consumer spending and overall levels of affluence.
Gold is different from other precious metals such as platinum, palladium and silver because the demand for these precious metals arises principally from their industrial applications. Gold is produced primarily for accumulation; other commodities are produced primarily for consumption. Gold’s value does not arise from its usefulness in industrial or consumable applications. It arises from its use and worldwide acceptance as a store of value. Gold is money.
In contrast to other commodities, gold does not perish, tarnish or corrode,nor does gold have quality grades. Gold mined thousands of years ago is no different from gold mined today. Therefore, gold existing in the aboveground gold stock is interchangeable with newly mined gold. The early 1980s presented an once-in-a-lifetime opportunity to buy stocks. Today, economic and political conditions appear to offer a similar opportunity in tangible assets like gold, such as American gold coins, i.e., gold Eagles. The macroeconomic and political landscape has not looked like this since the hard asset bull markets of the 1970s. The problems plaguing your stock portfolio are jet fuel for hard assets.
The global economic and financial market climate looks increasingly precarious. Financial imbalances have never been greater following an extraordinary period of easy money. Many countries have experienced housing bubbles and massive increases in leverage, and global trade imbalances are at unprecedented levels. Rising U.S. interest rates and high oil prices now threaten to push the system to a breaking point. Like today, the 1970s were a time of huge budget deficits, loose monetary policy, soaring oil prices and the open-ended costs of war. Today, the combined costs of fighting the war in Iraq and fighting terrorism at home could match the 12 percent of GDP that the Vietnam War cost.
In the coming decade, as the dollar suffers one of the great meltdowns in monetary history, gold will reclaim its place at the center of the global financial system. Gold’s value, relative to most national currencies, will soar. “When East Central Bank buying outstrips West Central Bank selling, and it will in the not-too-distant future, the other remarkably bullish fundamentals for gold will take over and drive the gold price to levels that most people can scarcely imagine today.” (John Embry, Investor’s Digest, March 4,2005)
Source:
BlanchardOnline.com
CL Assay Service Goes High-Tech in Response to “Cash for Gold” Scams
Precious Metals Analysis Company Adds State-of-the-Art Equipment for Assay of “Scrap Gold” and Other Precious Metals
In response to a virtual epidemic of complaints to Federal, State, and Local authorities regarding the growing number of "We Buy Gold" scams which have been proliferating on Television and the Internet, CL Assay Service of Palm Beach Gardens, Florida which does precious metals analysis of jewelry, coins, bullion and other valuables, is now doing only non-invasive XRF (X-Ray Fluorescence) spectrometric analysis.
With literally hundreds of chat-rooms and websites buzzing with horror stories about people being “ripped off” by unscrupulous outfits that want you to mail them your “scrap gold,” or attend their ’One Day Only’ “Cash for Gold” event at some local motel, there are now more Google search results for Gold Scams than there are for legitimate dealers.
This is why the arrival of companies like CL Assay Service is so important. “We are not a mail-in service - you deal with us face to face. We start by analyzing your items in front of you. We all know exactly what the items precious metal content is. We post our prices and adjust them with the spot market. We are not a scam. We want you to be happy and tell your friends,” says Henry.
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