Pompom wavers stopped in Walker

Judge rules city ordinance violated

By Megan Stembol

WALKER, Mich. (WOOD) - Girls waving pompoms on the side of a road is a violation of a Walker city ordinance, and a judge ruled Tuesday a small business owner will have to stop advertising in this fashion.

Listen to people from the Gravy Train Radio show under Community PomPom Reaction on the right and hear what they have to say.

Be a Smarter Seller of Your Unwanted Gold and Silver.

You see all of the “Sell Your Gold” commercials on TV. You hear them on the radio, but when it comes down to it, are you really being smart about selling your unwanted gold and silver? Great Lakes Gold Rush has some key points to consider when selling your gold and silver, and getting the most money.

First, the price of gold is at the highest it has ever been at $1,200 per ounce. This will not stay the same forever. The price of gold fluctuates just as much as the price of gasoline, and you could miss out on the big payout. The last time the “gold rush” happened, gold went from $800 to $150 per ounce overnight. So, now is definitely the time to sell your unwanted gold.

There are also many misconceptions about gold and what is good to sell, and what is not. For instance, ever have your skin turn green after you wear your “gold” jewelry? Most likely that ring or necklace is really made of copper and not real gold. Also, any gold jewelry that is gold plated or filled will not have as high of a value as 100% gold, so that is always something to consider when selling your gold pieces.

What if you have jewelry that is older or inherited and doesn’t have a standard karat marking on it? It might be European. The European markings corresponding to U.S. markings are as follows:

.585 is 14kt
.417 is 10kt
.750 is 18kt
.999 is 24kt

And speaking of markings, what about that set of silverware that you have had in your family for years? Make sure you take a look at those markings as well, because if it is not marked ‘925’ or ‘800’, than it’s plated flatware and will not be worth the same about as 100% silverware.

Now, when selling your unwanted gold or silver jewelry, you may be thinking, what happens to my pieces once I sell them? Are they turned around and sold again as whole pieces? The truth of the matter is, that gold is not being sold as jewelry. It is melted, refined and sold as ingots, or bars, on the U.S. Stock Market. Great Lakes Gold Rush is affiliated with one of the top refineries in the country, and there are very few of them, which allows us to pay more.

So, when selling your Gold, make sure you do your homework, and bring all of those unwanted pieces to Great Lakes Gold Rush, where we’ll give you the highest payout compared to all of our competitors.

Gold Hits New Highs (Wall Street Pit)

Gold surged to a record high on Wednesday. Spot gold hit $1,244.45 an ounce, a gain of nearly 20% since early February. It was bid at $1,238.45 an ounce at 10:41 a.m. EDT from $1,232.05 late in New York on Tuesday – Reuters

Customers Complain of Gold-Buying Scams

As a growing number of Americans seek to trade their valuables for cash, many say they’re getting swindled. The Better Business Bureau has received hundreds of complaints about companies that ask customers to mail in their gold, then offer to pay what the company decides the gold is worth. The Federal Trade Commission is now reviewing charges of cash-for-gold scams, and the attorney general’s office in Florida—where many mail-in companies are located—is investigating. A class-action lawsuit was filed recently against the parent company of Cash4Gold, the mail-in trader that helped stoke the market with its TV ads.

Customers’ complaints range from lowball appraisals to downright theft. One man claimed he sent $200 worth of gold and received a check for 15 cents. Others claim mail-in companies melted their gold before waiting to hear if the offer prices were accepted. And some say they asked for their gold back but were told it was lost in the mail and were not reimbursed.

Mail-in companies are “getting away with what looks like fraud,” according to Rep. Anthony Weiner (D., N.Y.). Weiner has introduced legislation that would make it illegal for companies to melt down jewelry without customer authorization and would require those companies to insure jewelry for the same amount the customer did when returning it through the mail.

A Cash4Gold spokesman says his company provides a “safe, secure, and easy way for people to collect money for items that otherwise would collect dust,” and that the class-action lawsuit is “ without merit.” But he adds that national regulations could help shut down unscrupulous dealers.

Meanwhile, customers may do better selling their gold in person. When Consumer Reports shopped identical 18-karat jewelry, mail-in companies offered 11% to 29% of market value. Jewelers and pawn shops, by contrast, paid up to 70%.

— Drew Jubera

Joe - Kentwood, MI.

"Great Lakes Gold Rush gave me top dollar for my gold jewelry..."

Pompom wavers stopped in Walker

Listen to people from the Gravy Train Radio show under Community PomPom Reaction on the right and hear what they have to say.

Be a Smarter Seller of Your Unwanted Gold and Silver.

Gold Hits New Highs (Wall Street Pit)

Customers Complain of Gold-Buying Scams

Community PomPom Reaction

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