Los Angeles, CA—In the past year, Cash for Gold Co has continued to receive  unique seller property in our SECUREPAK™ mailing envelopes when they arrived. Instead of jewelry, they contained quantities of recently-mined placer gold obtained by recreational prospecting and mining activities in California, Oregon and Washington in the latest ‘gold rush’ in response to high market prices.

 According to Joe Montes, president, “When we receive and open arriving SECUREPAK mailing envelopes, we expect to find watches, rings, chains and other gold jewelry. However, to our continuing surprise, we continue to receive more mailers containing small plastic bags of placer gold in the form of small gold nuggets and flakes that were either panned or dredged from Western U.S. rivers or streams. This always takes us back to the days of the California 49ers and the original gold rush. There’s little doubt that today’s high prices for gold have sparked a new gold rush in 2011”.

 Montes added, “Recreational gold prospecting and mining is an enjoyable hobby that is attracting more followers than ever before during these lean economic times. And while modern-day miners normally save their finds for bragging rights, it seems that many folks are out there today to supplement their regular incomes, and it’s apparently paying off for some of them. The idea that all the gold was found back in the old days just isn’t true, judging from what we have received. One SECUREPAK alone contained almost 5 ounces of placer gold and that’s a pretty good payday for this recreational miner at a price of $1,700/ounce”.

 The price of gold has remained high because our economy is still in turmoil,  unemployment is still high and we are subject to the economic woes in Europe. This financial situation has created a continually-growing customer base for Cash for Gold Co that has even extended to recreational miners who send-in their finds for fast cash.

 Cash for Gold Co is a leading Internet buyer of gold, platinum and silver in any form and this apparently includes the placer gold people are still finding with dredges, sluices, metal detectors and dry washers. Moreover, the company treats it the same way as the gold they receive in the form of manufactured jewelry. When received, gold flakes and nuggets are assayed and a price determined based upon the spot market gold price at that time.

 Cash for Gold Co wishes our recreational miners continued good luck. This hobby is hard work, but can pay off too.

 FOR MORE INFORMATION:

CASH FOR GOLD CO
Joe Montes, President
e-Mail: info@cashforgoldco.com
Tel: 1-(888) 544-6532  Toll Free