It's the year end. My favorite time for TV.
I'm expecting to get my fill of movie marathons and music video countdown shows... Actually, I don't watch TV very much, but I try to catch some favorites around the holidays.
Recently, I've noticed a few paid TV commercials about companies paying top dollar for gold. They want people to mail in their 'unwanted' gold jewelry in exchange for checks.
This instantly throws up red flags in my mind. It's got to be a scam if ever there was one.
I don't expect everyone to be as skeptical as me, but something is wrong with this ploy.
Let me get this straight. I send you some gold jewelry and You determine it's value, then send me a check. Postage is free but you'll probably deduct for handling, service charges and whatever you deem necessary, less any other fees that may apply.
They claim to get your money in 24 hours. How is this possible? Are people foolish enough to give out bank account numbers for direct transfer?
Pity on you for not insuring the package (I bet they mysteriously 'loose' thousands of packages in the mail) and if you think you've been ripped off, see how hard (if at all possible) it is to recover your goods...
I can see it now. Teenage kids stealing trinkets from mom's jewelry box trying to collect 'big bucks' for all that gold just laying around doing nothing.
I'm sure there could be other motives behind it but I'll just toss this into the file marked: SCAM
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Edited to add: Don't be surprised if your mailbox begins to get flooded with junk mail. They already know how gullible you are... and phone solicitation? after all, YOU called THEM... that changes the rule for phone solicitation. You now have opened the door allowing them to phone you for 'important' deals.
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lazareth
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Dec 28 @ 11:17AM
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everytime I see that commercial I think the same thing..... I wouldn't even think of sending them my jewelry . But ya know the old saying..... there's a sucker born every minute
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DaisyMae420
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Dec 28 @ 12:23PM
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Smells like a SCAM to me too. There are many, many people buying gold locally...if you don't like the price they offer you can "just say no"...
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malexand
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Dec 28 @ 12:59PM
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The parts I like are;
"Gold is at it's highest value in years."
"I took the vacation of a lifetime."
Went to Memphis and got Elvis's autograph.
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CHARLIgurl1
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Dec 28 @ 2:40PM
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The reason they want your Gold now, is because Gold is going to increase in value big time within the next year or so, and they know it!!!!!
what you can get for your gold is nothing compared to what it will be worth in a year or so.
Anyone who sells thier gold now will ultimately regret it.
And yes youre right.. its made to easy for thieves etc.
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missliss78
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Dec 28 @ 3:21PM
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I've been seeing those commercials for several months now & I've always thought the same thing, chat. Some time after I started seeing the commercials on tv, I started seeing ads in the newspaper from local jewelers wanting to buy old gold. I can't figured out why anyone would put their valuables in an envelope & mail it....except like someone else said...there's a sucker born every minute.
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ForumMod
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Jan 1 @ 12:47AM
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if anyone gets solicitations like that through emails here, please report them immediately! it's my personal guess that that's the motivation for some 'spam rings' to gather personal email addresses and yahoo id's. we recently were able to eliminate hundreds of that type of spammer that had snuck in thru our 'traps'.  
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