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Thread: Cash for Gold

          
   
  1. 11-26-2010, 11:17 PM #1
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    Robbie ZO6
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    Default Cash for Gold

    I see these stores everywhere in Chicago. I have three retail store fronts and would like to learn more about this business. Any L4P members in this line of work. Anyone a gold buyer?

    Thanks,
    Robert
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  2. 11-26-2010, 11:30 PM #2
    lifeoftheparty.'s Avatar
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    Google is your friend.

    They send you a kit. You measure, pay, and send away. Then they pay you upon recieving and confirming.

    Pretty sure that's how it goes.
    "Whatever you're thinking, think bigger." - Tony Hsieh
    "Far better is it to dare mighty things, to win glorious triumphs, even though checked by failure... Than to rank with those poor spirits who neither enjoy much nor suffer much, because they live in a gray twilight that knows not victory nor defeat.” - Theodore Roosevelt

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  3. 11-26-2010, 11:48 PM #3
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    It all goes to Israel and Saudi Arabia
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  4. 11-27-2010, 02:15 AM #4
    JPatterson
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    Quote Originally Posted by Paulski View Post
    It all goes to Israel and Saudi Arabia
    and grillllz
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  5. 11-27-2010, 02:19 AM #5
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    yeah, google is your friend.
    Every Damn Day, Just Do It
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  6. 11-27-2010, 02:37 AM #6
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    There is a million places that will send you the kit too.
    "Whatever you're thinking, think bigger." - Tony Hsieh
    "Far better is it to dare mighty things, to win glorious triumphs, even though checked by failure... Than to rank with those poor spirits who neither enjoy much nor suffer much, because they live in a gray twilight that knows not victory nor defeat.” - Theodore Roosevelt

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  7. 11-27-2010, 03:21 AM #7
    Go Getter
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    What will these places do when the price of gold starts falling?.
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  8. 11-27-2010, 04:52 AM #8
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    What do you mean? They adjust. They are buying it at dirt cheap rates and doing the manual work of melting it down.
    "Whatever you're thinking, think bigger." - Tony Hsieh
    "Far better is it to dare mighty things, to win glorious triumphs, even though checked by failure... Than to rank with those poor spirits who neither enjoy much nor suffer much, because they live in a gray twilight that knows not victory nor defeat.” - Theodore Roosevelt

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  9. 11-27-2010, 05:12 AM #9
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    Looks like there's a lot of money to be made from such a business.

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  10. 11-27-2010, 05:19 AM #10
    Go Getter
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    Ya but they're paying what?..80% of the going rate for gold?..(assuming these guys are being fair to their customers and not ripping them off)
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