Gold Market Price Predictions Good News for Internet Gold Sellers

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Los Angeles, California, April 20, 2010 — The preponderance of commodity investment specialists have predicted a significant increase in the spot market gold price during the rest of 2010 and 2011. One of the largest Wall Street firms, Goldman Sachs has forecast that gold will reach $1,350 per ounce in 2010 and as much as $1,425 per ounce the following year. Other industry projections have varied from $950 to $1,400 per ounce.

The factors used in making these projections have included 2010 interest rates near zero; global stimulus packages devaluating currency; possible rising inflation and double-dipped recession.

According to Joe Montes, president of Cash for Gold Co, “Of course nobody can predict commodity prices with complete accuracy. There are just too many variables that can enter the market and change conditions. Nevertheless, we think these predictions are about as accurate as they can be and they are good news for sellers who will need fast cash as our economy continues to suffer from foreclosures and unemployment. It is fortunate indeed that precious metals have stayed at record high prices while so many people are cash-strapped.”

Montes added, “From our point of view, this is a wonderful business opportunity for both our company and our affiliates. All things considered, it looks like a real cash cow situation for sellers. We’re ready and we expect the steady increase in our customer base to continue between now and the end of 2011.”

Cash for Gold Co buys any type of gold, platinum and silver through its Internet website http://www.cashforgoldco.com/ . The company pays sellers the highest possible percentage of the actual value of their property based upon assay and the current spot market prices. They are justifiably proud of their reputation for fair play and excellent customer service that prevents any possibility of unresolved complaints.

Other press releases from Cash For Gold Co

• Selling Precious Metal Jewelry Will Be a Real Problem Solver When Extra Cash is Badly Needed - August 1st, 2011
• High Insurance Coverage for Property in Transit is Important - July 27th, 2011
• Learn to Tell if Your Jewelry is White Gold or Platinum - July 25th, 2011
• Protect Yourself When Selling Precious Metals to Internet Buyers - July 25th, 2011
• Cash For Gold Customers Ask: What is ‘Black Hills’ Gold and is It Valued Differently? - February 4th, 2011