cash for gold

[Mark S.]

Just checked and both "cash4gold" and "cashforgold" websites are up and running. No mention of any actions.

 

Amazon Forum Fav 👍

Upgraded Night Vision Monocular Digital Infrared Monocular Telescope for 100% Darkness with 8X Zoom - Grab it through Amazon!

[Old Silver]

That's right, just let crooks go ahead and do whatever they want. If people could get away from thinking like that, maybe we could do something about the schemers and scammers and false advertisers. But no, just blame the general public.

I hate to be the bearer of bad news, but crime has been around for a while now. It is in every facet of your life and you just have to be aware in all situations. I never said companies like that shouldn't be prosecuted either, I believe I was quite to the contrary. We have thousands of rubes in this country and I can't help educate all of them

Treasure_Hunter said it best

Buyer Beware, in this case Seller Beware.......

Yes, they have been around for a while now. That's not news. It just seems to me that the solution would be to kick on the guilty party instead of their victims.

 

[spartacus53]

That's right, just let crooks go ahead and do whatever they want. If people could get away from thinking like that, maybe we could do something about the schemers and scammers and false advertisers. But no, just blame the general public.

I hate to be the bearer of bad news, but crime has been around for a while now. It is in every facet of your life and you just have to be aware in all situations. I never said companies like that shouldn't be prosecuted either, I believe I was quite to the contrary. We have thousands of rubes in this country and I can't help educate all of them

Treasure_Hunter said it best

Buyer Beware, in this case Seller Beware.......

Yes, they have been around for a while now. That's not news. It just seems to me that the solution would be to kick on the guilty party instead of their victims.

Even better yet, Kick both of them!!!
Stupidity shouldn't get a free pass either.

 

[Old Silver]

That's right, just let crooks go ahead and do whatever they want. If people could get away from thinking like that, maybe we could do something about the schemers and scammers and false advertisers. But no, just blame the general public.

I hate to be the bearer of bad news, but crime has been around for a while now. It is in every facet of your life and you just have to be aware in all situations. I never said companies like that shouldn't be prosecuted either, I believe I was quite to the contrary. We have thousands of rubes in this country and I can't help educate all of them

Treasure_Hunter said it best

Buyer Beware, in this case Seller Beware.......

Yes, they have been around for a while now. That's not news. It just seems to me that the solution would be to kick on the guilty party instead of their victims.

Even better yet, Kick both of them!!!
Stupidity shouldn't get a free pass either.

I guess I'm just not that keen on calling people stupid when they've been lied to.

 

[fmerg]

i sent an e-mail yo "cash for gold" awhile back asking them to tell me what percentage of spot they paid
the reply was not what i had expected
here is the e-mail and reply
Frank,

Our company is a refinery we are looking for precious metals to melt into ingots. We do accept platinum, gold and silver we will pay wholesale for diamonds. We do not take any other stones or metals. The weight of these stones is deducted from the total weight of the item. We do not take the time to remove stones, other than diamonds. I recommend you remove the stones before sending the items in. We do not pay for the design, artistic value or beauty of the items nor do we pay retail which has extremely high markup. We only pay for precious metal content and wholesale for the diamonds. We do buy coins but we do not pay face value or for collectability only for precious metal content.



I apologize but we can not offer any pricing over the phone or internet. For quality assurance and accuracy it is necessary to receive and evaluate your material before we can offer any pricing. You can send your package in with a note requesting you are contacted with a verbal offer. Once we receive your package you will be contacted within 24 hours with our offer, if you are not in agreement your material is returned to you promptly via UPS with no charge to you. Requesting a verbal offer combined with our UPS shipping should produce a price quote within 4 days (depending on the exact time of receipt of your package) and if you are in agreement with your amount payment is issued immediately. Please let me know if I can be of anymore assistance.

Sincerely,

Justin N.








--------------------------------------------------------------------------------

From: fmerg@aol.com [mailto:fmerg@aol.com]
Sent: Thursday, December 31, 2009 6:57 AM
To: Info
Subject: Message from Cash4Gold Contact Us (Email Case#489414)



Name: frank merg

Subject: melt value

Email: fmerg@aol.com

Message:
what percentage of spot do you pay
do you buy the stone's or should they be removed before sending

-------- Cash4Gold ------b8a53333d4c7b70f9614ef7745bee7eb

--------------------------------------------------------------------------------
The information contained in this transmission may contain privileged and confidential information. It is intended only for the use of the person(s) named above. If you are not the intended recipient, you are hereby notified that any review, dissemination, distribution or duplication of this communication is strictly prohibited. If you are not the intended recipient, please contact the sender by reply email and destroy all copies of the original message. To reply to our email administrator directly, please send an email to postmaster@cash4gold.com

__________________________________________________________________________________________________________
i believe we need laws that require that any one who buys metals disclose the percentage of spot they pay

 

[WishfulThinker]

For comparison, Local Gold Buyer as Kroger in Houston, Texas "Gold & Silver Buyers -- www.gsbuyers.com"
Prices Ranged from $16 down to $6 per gram depending on type (I assume 24K down to 10K, but that was the best answer I could get). Far below $1120-1160 per oz ($37 per gram) spot price equivalent that day.

Everyone (buyers, jewlery stores, gold parties), is in this together at the 50% level, pretending it is a business with overhead. Beware!

 

[bazinga]

For comparison, Local Gold Buyer as Kroger in Houston, Texas "Gold & Silver Buyers -- www.gsbuyers.com"
Prices Ranged from $16 down to $6 per gram depending on type (I assume 24K down to 10K, but that was the best answer I could get). Far below $1120-1160 per oz ($37 per gram) spot price equivalent that day.

Everyone (buyers, jewlery stores, gold parties), is in this together at the 50% level, pretending it is a business with overhead. Beware!

Oh no, I'm not getting spot value for my gold from a business that spends money advertising, on websites, employees, etc.

If people are stupid enough not to do any research and just send it to some company with a fancy tv ad or newspaper ad, then that's their problem. You can't protect the stupid from themselves.

Why don't you quit your day job and start offering 95% of spot price to everybody that comes your way and see how long you stay in business.

Businesses are out there to make money. Not to make you feel all warm and fuzzy.

 

[GopherDaGold]

BH4EVER that was completely un-necessary. Personal attacks DO NOT BELONG HERE.

Participate in the thread like the adult you claim to be, not like a ten year old.

 

[bazinga]

BH4EVER that was completely un-necessary. Personal attacks DO NOT BELONG HERE.

Participate in the thread like the adult you claim to be, not like a ten year old.

Where did I claim to be an adult? That doesn't sound like me at all!



For those interested, GopherDaGold just sent me this PM....

You are a complete jackass for the hate-filled tripe you responded with on Allens thread. Consider yourself ignored.

have a nice...nevermind

 

[GopherDaGold]

Yeah, that was me. Want another?

 

[bazinga]

Yeah, that was me. Want another?

Sure, why not.

 

[Shambler]

Precious metals, collectibles, and any other commodity are only worth what someone will give you ..... doesn't matter what you think they're worth. Unless of course you have enough to trade on the market. No one is making you sell below "market value". You have the choice to keep it hoping someone will give you more, but that is your gamble. There is no way your pound (and it's probably more like ounces) of gold is going to fetch much more than half "market" value to an entity in the business of buying such small amounts. If you thought otherwise, you were just inexperienced. Someone offering you money for an item you own doesn't make them a crook - they aren't stealing it from you. You asked them if they wanted it.

Allen - if I saw a walking liberty half go for $18 on ebay and asked you what you wanted to give me for one AND you said $6, does that mean you're a crook?

 

[mts]

You guys need to stop and actually READ the thread before making such foolish comments. Otherwise, you just look like fools.

The issue isn't how much below spot they are paying. People understand that they aren't going to get spot price from someplace like cash for gold. Although if they advertise that they are going to pay a certain amount and then don't then that is unacceptable.

The REAL issue is that they are using underhanded tricks to literally STEAL people's stuff. They insure the package for $100 and then if someone sends them significantly more than $100 worth of gold items they claim that they never received it. There is no reason to believe that someone should know better or that the typical "buyer beware" clause applies to such outright theft.

Are you really saying that a company that purposely steals people's gold should be allowed to continue operating? Do you still claim that "buyer beware" is the best way to deal with such a company?

 

[Shambler]

You guys need to stop and actually READ the thread before making such foolish comments. Otherwise, you just look like fools.

Really? The post started like this:

Its about time someone decided to do something about this
ripoff company.
There is a class action lawsuit against them and personally id
love to see them get shut down !!
What do you all think ?

I started to quote every remark going forward about the spot value of Gold and the agreement or lack thereof of pricing, but it would make my post too long. It seems you didn't read. One person even says:

i believe we need laws that require that any one who buys metals disclose the percentage of spot they pay

Not only did he actually say "disclose the [price]", but he also suggests a regulatory law to protect dummies that send thousands of dollars via mail to a place that hasn't given them a price?

So, when's the last time YOU put all of your gold in an envelope and mailed it somewhere? It's very clear on their site and paperwork that they are ONLY insuring for $500, so why in the WORLD would you send them more than that?

Besides, giving automatic merit to a California based class action lawsuit is dumb considering the vast majority are found without merit. The California civil courts are the same as playing craps in Vegas.... give it a shot, you just might win.

 

[mts]

You guys need to stop and actually READ the thread before making such foolish comments. Otherwise, you just look like fools.

Really? The post started like this:

Its about time someone decided to do something about this
ripoff company.
There is a class action lawsuit against them and personally id
love to see them get shut down !!
What do you all think ?

I started to quote every remark going forward about the spot value of Gold and the agreement or lack thereof of pricing, but it would make my post too long. It seems you didn't read. One person even says:

i believe we need laws that require that any one who buys metals disclose the percentage of spot they pay

Not only did he actually say "disclose the [price]", but he also suggests a regulatory law to protect dummies that send thousands of dollars via mail to a place that hasn't given them a price?

So, when's the last time YOU put all of your gold in an envelope and mailed it somewhere? It's very clear on their site and paperwork that they are ONLY insuring for $500, so why in the WORLD would you send them more than that?

Besides, giving automatic merit to a California based class action lawsuit is dumb considering the vast majority are found without merit. The California civil courts are the same as playing craps in Vegas.... give it a shot, you just might win.

Nice try but you are suffering from selective reading. The only people making a big deal about paying below spot are the one's who are also claiming that "buyer beware" applies. Go back and read AGAIN about what their scam really is. Click on the links provided and read about the class action lawsuits. When you are done if you still want to believe that this is all about not paying spot then I really can't help you any more than I already have.

 

[Shambler]

Original poster - very vague on reason to shut them down.
2nd poster - angry dude reiterating the first guys position.
3rd poster - talks about spot weight
4th poster - asks for CA lawsuit link but talks about weight and buyer beware
5th poster - buyer beware - weight
6th poster - False advertisement - no proof just says "easy to tell" (can't disagree there)
7th poster - responds with two quality links and two silly ones. (why not just link the actual lawsuit)
8th poster - YOU - ENLIGHTENING ALL OF US DUMMIES (This is where you hijack the thread and then think we're all with you)
9th poster - again buyer beware. shop for best price.
10th poster - an agreement with your "facts"
11th poster - makes a joke about terrible commercial
12th poster - Incorrectly states the site is shut down and makes a joke about another company. Another member who talks about buyer beware and common sense.
13th poster - Offers alternatives to using Cash4Gold
14th poster - a Craigslist suggestion
15th poster - You telling us about your knowledge of Craigslist policies.
16th poster - YOU AGAIN with wrong information about insurance agreement.
17th poster - Angry sarcasm about victim public
18th poster - Original poster a bit vague again. Says he heard that someone was ripped off.
19th poster - FUNNY post about sending them lead. Which I read as a sarcastic way to state buyer beware.
20th poster - The good guys always win! Not sure what that means in this context.
21st poster - Buyer beware
22nd poster - The truth about the websites and the companies doing business as usual. (no cease and desist motion took hold)
23rd poster - Same as 17th post.
24th poster - states victims and perpetrators should be considered at fault
25th poster - reiterates his 17th and 23rd post.
26th poster - an email that says nothing at all with a comment by the poster that states there should be disclosure of spot pay
27th poster - local prices vs. internet prices
28th poster - Buyer beware
29th poster - Angry with 28th poster because he said words that hurt his feelings
30th poster - 28th poster showing a funny PM sent by victim of hurt feelings
31st poster - Offering to send him another angry PM.
32nd poster - Offering to accept another angry PM.
33rd poster - Me, rocking with a kick-ass post
34th poster - YOU saying I can't read
35th poster - Me giving you proof that you took over the thread with nonsense
36th poster - You again saying I can't read
37th poster - Me again, showing you what happened in this thread EXCEPT for your posts.

 

[mts]

What a complete waste of time and bandwidth. You still don't get it do you? You believe that "buyer beware" is sufficient and these guys should not get so much as a slap on the wrist because it's all the consumer's fault. I believe that if a company is specifically STEALING from customers that they should be punished.

Was that really so hard? I'm done with you and this topic. Believe what you want to believe.

 

[Shambler]

Believe what you want to believe.

Gee thanks uncle MTS.

You're the master of misdirection and moving points. First you said, I couldn't read because I didn't agree with your post, then I can't read because the whole thread supposedly revolves around your post, BUT OH THE BEST IS LAST: I'm wasting bandwidth because I don't agree with your whiney post.

I'm taking my keyboard and going home, so there

 

[GopherDaGold]

*scrolls up, scrolls down, looks, compares...*

Hey I think I'm #29 and #31.

 

[GopherDaGold]

I think I would need to have at least a thousand posts in order to display moxy like that. Credibility issue and all. Not 47, (at this writing)

@ O.P. Thanks for this thread. I had my doubts about C4G but not even for the reasons outlined here. This thread helped to tip the scales toward the 'no-way-not-ever' side.