What a golden opportunity !
........ and on that subject ...... who knew that Gold was worth money ?
No , really ..... money , dosh , cash , sponduliks ...... the green stuff ,
I'll just repeat that in case you didn't get it ...... GOLD IS WORTH MONEY !
..... and not just any Gold ..... Unwanted Gold , whatever that is .
Surely there should be signs on the walls of Jewellery Shops to let people
know that the Engagement ring they are about to buy for €1500 is worth money ,
and dont quote me on this .... but ... I wouldn't be surprised if the Diamond
was worth a few bob too .
Now that I think about it , where is that bar of Gold bullion we used to prop
up the dining room table with .................... Hmmmmmmmmmmmmmmm !
....... oh .... and the FREE PREPAID KIT is an envelope ......... lol
THURSDAY 21 JAN 2010
Gold-buying companies investigated by OFT
The price of gold has hit new highs over the past few months
The Office of Fair Trading (OFT) has launched an investigation into companies that offer cash for gold jewellery by post.
The OFT is reviewing the companies' terms and conditions to check that customers are being treated fairly.
In particular there is concern that consumers' rights to reject an offer and get their gold back is not always being honoured.
There is no assumption that the firms have broken the law, the OFT said.
What's the 'true' value of your gold?
The price of gold has reached new records over the past few months, and so companies that exchange people's gold for cash have grown in popularity.
"Buying gold using the postal service is a relatively new business model... we want to check that the market and businesses operating in it are developing in a way that treats customers fairly," said Juliet Young, the OFT's consumer market group director.
The OFT is also asking to hear, via its website, about consumers' experiences of using these firms.
Separately, Which? Money described them "as shockingly bad value".
Research for the consumer group showed that the gold companies that advertise on television offer an average of just 6% of the gold's retail value.
"The cash for gold market is unregulated, and this investigation has raised some serious concerns about the fair treatment of consumers," said Peter Vicary-Smith, chief executive of Which?
