FINANCIAL NEWS
Volume 889 Nr.10009 JANUARY 01, 2011 DALLAS, TEXAS
3X MORE CASH THEN TV BUYER?
The competitive survey done by independent research firm INTELLISHOP
consisted of measuring “turn in your gold for cash” recycling systems. Each
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company was sent exactly the same sample which was 3.41 DWT and gold
that had an assay of 55.5%. Cash4Gold, the cycle time from waiting for the
gold kit to arrive through arrival of the check at the consumer’s door took a
total of 17 days. The total time for payment for GoldStream system was 3
days. Also, the study concluded that GoldStream recycling system paid the
highest dollar amount for the gold $78.50 or $23.02/DWT. The following table
shows the payouts from each of the companies involved in the survey:*
Company Days Passed List of Karats Pennyweight Price per DWT Settlement
Until Payment (DWT)
GoldStream 3 days 14K 3.41 $23.02 $78.50
Cash4Gold 17 days 12K 3.4 $4.55 $23.97
Price reflect current gold prices as of December 31, 2010 with spot at $1410.25