Thursday, June 27, 2013

Trade Your Scrap Gold for Cash

The Dollar, the Euro, and Yen may all fluctuate according to the ups and downs of the market. But gold will always retain a high value. Gold has been the backbone of economics – and thus, civilization itself – since man began assigning value to objects. Even small pieces of gold are still very valuable today. If you have small pieces of scrap gold lying around the house, don’t let them sit there and collect dust. Instead, take them down to a gold buyer and walk away with some cold, hard spending money. 

Where Does Gold Come From?

Over the years, there have been a plethora of theories as to the origins of the precious metal that we know as gold. Some of these theories seemed plausible, while some of them, looking back, seem very far-fetched. In recent years, researchers and scientists have come across evidence which suggests that the earth’s accessible supply of precious metals results from a heavy bombardment of meteors which occurred almost 200 million after its core was formed. Over the years, seismic activity has spread these metals, including gold, throughout the various layers of the earth’s mantle. While there is enough gold down by the earth’s core to very generously cover the surface of the earth, there are still very large deposits of gold all over the planet’s lithosphere and crust. We won’t have to make a journey to the center of the earth for our fine jewelry anytime soon! That being said, gold mining is a long and expensive process, which is why many businesses which deal in precious metals are more than willing to give you a very fair price on your scrap gold. 

Scrap Gold

The term “scrap gold” is a funny one, considering how much value human society has assigned to gold. In fact, “scrap gold” can be a bit of a misnomer, considering that gold is naturally resistant to tarnish, rust, decay, or decomposition. Still, pieces of gold that no longer hold personal or sentimental value for you is called scrap because it was not directly mined from the earth and needs to be melted down from the its current form in order to be applied to other uses. Your gold items, however small, can be used in a variety of different industries and pursuits, from tiny cell phone chips to giant lasers. Businesses that work in gold will pay handsomely for your scrap gold because it is very valuable to these industrial and scientific concerns. So, if you’re strapped for cash and need a quick financial boost, collect your unwanted precious metals and take them to a gold buyer!

This is a guest post provided to Shopping with Glenz for its readers.