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The continuing record-high price of gold is an indication that many are uncertain of the financial stability of money and are seeking a safer solution. Many experts predict the price may exceed $1,300/ounce this year as cash-strapped people dig deeper to find gold they can sell!

Los Angeles, CA – While investors are seeking safe havens that are less subject to financial instability, others on main street are now being lured into selling even more of their gold jewelry, coins and other items in order to come up with extra cash.

According to Joe Montes, president, “Whenever we see a flourish of media publicity about new record high gold prices, we also see a short-term peak in requests for our SECUREPAK™ mailing envelopes. In fact, there seems to be a direct correlation between gold price increases and requests for our mailers. It also appears that some sellers are holding back and watching the daily changes in spot market gold prices hoping to further maximize what they will get when they send-in their property.”

Montes continued, “In reality, sellers will be wise to sell now because awaiting small price peaks can be a double-edged sword. Commodity prices vary by the minute during a trading day and while many factors cause an increase, they can also cause a decrease. Therefore, it’s always better to sell now while prices remain high over time.

As you can see, selling when the market opened vs. when it closed is not a huge difference. What should matter to sellers is the high price range maintained over time. Therefore sending for a SECUREPAK™ mailing envelope and then just holding it to wait for a bigger payday within a short time period just isn’t worth it. There might also be some major situation that causes a big drop and the hopeful seller could miss the high price range altogether.”

Cash for Gold Co is a leading Internet buyer of precious metals that always pays customers “the highest-possible percentage of the actual value of their property based upon assay and the current spot market price at that time.”

The company buys gold, platinum and silver in any form, of any age or condition and from any manufacturer. Complete information on how Cash for Gold Co determines what a seller’s property is actually worth and much more can be had by visiting the company’s website at: http://www.cashforgoldco.com .