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Complete the FORM to the right to request your FREE Jewelry Return Pack |
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Send your gold in the PRE-PAID, SECURE envelope or via the shipping method of your choice |
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Receive a CHECK in your mailbox within DAYS |
Facinating History Of Gold In The US
For thousands of years, gold has been traded and used as a method of barter. Today, our current method of barter is paper and digital currency. Up until 1971, the US dollar was backed by gold, that meant that every dollar loaned out had a specific amount of gold in reserves. The problem with the US economy was that it was importing more than it was exporting causing the US to go bankrupt. President Nixon had a private meeting on Jeckly Island in which he took the US dollar off of the gold standard so that the Federal Reserve could print more money than the amount of gold we had in reserves. After 1971, we were able to print money that was backed by nothing more than the faith in our government. Since the dollar was the worlds reserve currency, we could pay other countries with our "funny money". This led to the biggest boom in the history of the US. Credit card companies began entering the market and loaning money that they did not have, as did banks and mortgage companies. Over time, it got worse and worse. It began with the fractional reserve banking system that allowed banks to loan out 12 times as much money as they had in reserves. Eventually, it went up to 40:1. Then, many financial service companies began using financial derivatives to loan money that was backed by debt and giving them exotic names with 3 letter acronmys such as Collatorized Debt Obligations (CDO"s), Credit Default Swaps (CDS"s) and many more. They were just ways for these companies to print money out of thin air by backing loans with toxic debt.
Many investors have began buying gold and silver as a hedge against inflation. Since the US came off the gold standard in 1971, gold has gone up in value from about $20 an ounce to hundreds of dollars an ounce. When the economy began spiraling down, deflation began rearing its head and caused the prices of homes, gas and other commodities to decrease in value and slowed down consumer spending. The Federal Reserve used inflation to combat against deflation which lowers the buying power of cash and slows down the economy. The recent high level of inflation has caused investors to buy gold at very fast rates which in turn drove its value to its current market price. That is why we are able to pay such a high rate for a commodity that was only $20 an ounce before 1971. This is true for all other precious metals as well.
Why Golden Leprechaun?
We are a small, honest and efficient in-house company that is commited to giving you the highest cash for gold payouts online. We are experienced jewelers when it comes to testing gold, silver, platinum, diamonds, palladium and rhodium. We have a big job of refining precious metals and connecting consumers to jewelers and investors willing to pay a premium for gold. Unlike most online gold buying companies, we proudly publish our prices online. You may even contact us for an estimate if you know how much your gold weighs and the carat. We take customer service seriously and want to make sure that you are satisfied with our cash for gold service. There are many untrustworthy cash for gold companies online who do not have your best interest in mind. See what other people had to say in our cash for gold testimonials. We are the best place to quickly and conveniently sell your old, unwanted scrap gold. We are gold refinery, like a bank but for gold. Let us put money in your pocket with our cash for gold exchange service today! Were fast and professional. Get money 4 valuables.
Other Services
We offer other ways for you to make money with us. We host jewelry buying, cash for gold events and parties that are fun for you and where you make the money. Gold buying events are staged occasionally; they have a fun and inviting atmosphere. The moment you arrive, you will be greeted by a friendly staff member who will describe the gold testing process to you. You bring in your gold, silver, platinum or coins to the event to sell. We will test your items to determine its value, and once the evaluation process is complete, the manager will review the value and present you a check for its value. We also host gold parties where you attend to make money. Mostly you"re invited to parties where you are expected to buy something or to spend money; but with us you would be actually making money instead of spending it!! See for yourself and experience the Golden Leprechaun online gold buyers can bring to your life! |
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We Buy Coins, Gold, Silver, Platinum, Diamonds
You can be sure that you will get the best customer service and a prompt reply to any of your questions or concerns. Our system is the fastest, most concenient way to sell your items. Once you fill out your information, we will send you a free cash for gold, coins, silver, platinum and diamonds pack within 1 business day. Once you get it, please take the time to read the instructions to send it back to us with the jewelry, coins or anything else you wish to selling. We will have our expert testers determine the purity and quality of the jewelry. We use an electronic tester for gold, silver, platinum and coin. Once the value of your jewelry has been determined, our accounts payable division will send you a check within 1 business day. If you are not satisfied with the amount of our offer, contact us within 10 calender days. We will return your items at no cost to you and as fast as possible. Cash For Gold Today!
Golden Leprechaun is the premier buyer of Gold, Silver, Platinum, Jewelry, and Coin, having many of experience. We help our customers not only to get rid of the unwanted precious metals from their homes, but we pay them in cash for doing so! Our Live Events and Gold Parties are a lot of fun and result in extra cash and prizes for everyone, those who host and attend!
Our customers love us! See what some of our customers are saying about us.
Yvette, Fort Worth TX
I am a single mum and raising my daughter is really hard. My parents had left me some gold and jewelry, and the local pawn shops were not offering me anything. I read about Golden Leprechaun, and decided to send my gold. I was amazed at the money I was able to get, and wouldn’t be worried about my daughter for a while.
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