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Sears and Kmart to offer cash-for-gold service
Reuters via yahoo ^ | 5/17/10 | Brad Dorfman & Frank Tang

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 ...


TOPICS: Business/Economy; News/Current Events
KEYWORDS: gold; goldbugping; retail
didn't see this already posted
1 posted on 05/18/2010 1:21:33 AM PDT by Daisyjane69
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To: Daisyjane69

Good business plan IMO.


2 posted on 05/18/2010 1:23:09 AM PDT by allmost
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To: allmost

Lots of ways to look at this, I’m thinking.


3 posted on 05/18/2010 1:26:38 AM PDT by Daisyjane69 (Michael Reagan: "Welcome back, Dad, even if you're wearing a dress and bearing children this time)
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To: allmost

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.


4 posted on 05/18/2010 1:33:55 AM PDT by SatinDoll (NO Foreign Nationals as our President!!)
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To: Daisyjane69

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.


5 posted on 05/18/2010 1:34:18 AM PDT by allmost
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To: SatinDoll

If they need to sell it, they need to sell it.


6 posted on 05/18/2010 1:35:51 AM PDT by allmost
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To: Daisyjane69

"Don't you see, Potter's not SELLING, he's BUYING!"


7 posted on 05/18/2010 1:40:34 AM PDT by The Duke
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To: Daisyjane69

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”


8 posted on 05/18/2010 2:02:54 AM PDT by Mr. K (This administration IS WEARING OUT MY CAPSLOCK KEY!)
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To: Daisyjane69
"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."

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)

9 posted on 05/18/2010 2:24:19 AM PDT by Eastbound
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To: Mr. K

DAMMIT WHY CANT I PROOFREAD!??????????????????///


10 posted on 05/18/2010 3:04:34 AM PDT by Mr. K (This administration IS WEARING OUT MY CAPSLOCK KEY!)
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To: Daisyjane69

I have found this board to be an excellent source for information on gold, silver and the economy.

http://goldismoney2.com/forum.php/forums/


11 posted on 05/18/2010 3:26:27 AM PDT by Silver Sabre
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To: Daisyjane69
Under the Obamanazi your kidneys( and other organs ) don't belong to you. Do you have two kidneys when other people are on dialysis? Ve Vill Take One Commrade!
12 posted on 05/18/2010 4:18:55 AM PDT by Leisler
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To: Daisyjane69

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.


13 posted on 05/18/2010 4:21:12 AM PDT by rightwingintelligentsia (Forcing one person to pay for the irresponsibility of another is NOT social justice.)
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To: All; PA Engineer; blam; TigerLikesRooster; Cheap_Hessian; CJinVA; Jet Jaguar; OneLoyalAmerican; ...

Goldbug ping

Mail me to get on or off the Free Republic Goldbug Ping List.


14 posted on 05/18/2010 5:52:09 AM PDT by jiggyboy (Ten per cent of poll respondents are either lying or insane)
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