Carl Blackburn, owner of San Diego Jewelry Buyers, predicts gold prices of at least $1,200 an ounce for the rest of the year.
San Diego, CA (1888PressRelease) September 19, 2010 - Although the U.S. economy and the dollar remain on shaky ground, many analysts are predicting that one thing will remain strong for the remainder of 2010: the price of gold. One of those analysts is Carl Blackburn, owner of San Diego Jewelry Buyers (SDJB): "Gold is now over $1200 an ounce and I don't see it dropping much, if any, in price for the rest of the year."
According to SDJB, the strong price of gold can help consumers weather the current economic downturn in two ways. For investors looking to store their wealth, gold provides an attractive alternative to the stock market or real estate. And for consumers and small businesses seeking quick cash to pay off outstanding bills, now is an excellent time to be selling your scrap gold, outdated gold jewelry, or other gold assets.
For those looking to sell gold, Blackburn says that San Diego Jewelry Buyers consistently pays customers between 50% to 100% more than other gold buyers and pawn shops in the San Diego area; and as much as 400% more than some of the well-known national gold buyers who advertise on TV. "Our business model is based on low overhead, large volume, small margins," says Blackburn. "It works for us, and it works for our customers. We make enough to operate with a profit, and the end-consumer ends up with a lot more money in their pocket.."
But Blackburn is quick to add that customers shouldn't just take his word for it. San Diego Jewelry Buyers encourages people to shop around and do their homework, such as examining closely gold buyer reviews. SDJB also offers the following tips for finding a reputable gold buyer who will pay you top dollar:
1) Be wary of high-end retail stores in high-rent locations advertising to buy gold. The common misconception is that the better the location and quality of the jewelry store, the more money they have to pay you for your gold. Actually, the more overhead they have, the more profit they need to make on your transaction, thus the less money you will get for your gold.
2) Call gold buyers by phone and get a feel for how they answer your questions. Most likely if the phone call goes smoothly (no telemarketing feeling, or snobby, or secretive voice on the other end), then your face to face transaction will also go smoothly.
3) Check out the gold buyer's website. If it is sloppy and disorganized, then it's likely that their business is too.
To learn more about selling your gold in San Diego watch KUSI TV's special report, "Selling Your Gold? Don't get scammed!", where Emmy-award winning reporter Sasha Foo interviews Carl Blackburn about how to sell your gold smartly.
For more info, please visit or contact them at:
San Diego Jewelry Buyers
907 6th Ave
San Diego, CA 92101
(619) 236-9603 - (800) 557-9413
www.sandiegojewelrybuyers.com
Carl Blackburn, owner of San Diego Jewelry Buyers, predicts gold prices of at least $1,200 an ounce for the rest of the year. 
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