Posted on 05/18/2010 1:21:33 AM PDT by Daisyjane69
CHICAGO (Reuters) Sears Holdings Corp (SHLD.O), which expanded its layaway program to help cash-strapped consumers pay for purchases during the recession, is now helping its customers exchange their jewelry for cash as gold prices soar.
The new service, available at the jewelry departments of Sears and Kmart stores, allows customers to send their gold and silver items to Pro Gold Network, a company that buys precious metals from consumers.
Pro Gold makes an offer on the gold or silver and the consumer can choose to accept the offer or have the items returned, free of charge, Sears said.
(Excerpt) Read more at news.yahoo.com ...
Good business plan IMO.
Lots of ways to look at this, I’m thinking.
Now is not the right time to be selling gold.
Anyone should hang on to their gold because they may have to exchange it for food. I am not joking.
Lot’s of ways to look at it. The general concept of a business wanting more precious metals than fiat paper seems like a prudent move. To me, still just my opinion.
If they need to sell it, they need to sell it.
The time ti sell is when you hear all those commercials on TV telling you to buy.
The time to buy is when the big boys (like thos) start to buy in quantity.
“Never buy gold on the advice of someone willing to sell you his”
Sounds like it's time for the 'king's' gold collectors to put all the gold in one place again to shuttle it up to waiting transport freighters for shipment to Nibiru. Yeah, that's the ticket. Let the slaves mine it and use it for a medium of exchange until it's time to skim again. All you 12th Planet fans will understand why.
'The gold belongs to god -- and the silver.' (Paraphrasing)
DAMMIT WHY CANT I PROOFREAD!??????????????????///
I have found this board to be an excellent source for information on gold, silver and the economy.
http://goldismoney2.com/forum.php/forums/
I still wouldn’t mail in my gold to anyone, including Sears or Kmart. Who knows what happens to it at the other end? It would be better if they had live gold buyers at the store.
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