Unfortunately, these stories are fairly common when dealing with certain high-profile buyers explains Norm Schneider, President of Cash For Gold USA.
"In today's competitive gold-buying market a number of websites boast false information and employ deceptive marketing techniques to gain consumer confidence.
TruthAboutGold.com and Cash-Gold.info (http://cash-gold.info/) help educate sellers so they can make smarter, well-informed decisions about who to sell their gold to before it's too late.
believes that if people are willing to do a little research they can prevent themselves from falling victim to one of these fraudulent online gold-buying schemes.
With the price of gold at an all-time high, Americans everywhere are seeking relief from the slowing economy by exchanging their old, broken or unwanted gold jewelry for cash.
Although almost all of the companies claim to offer "Highest Prices Paid," Cash for Gold USA stands behind their offer.
"We know how our prices compare with our competitors' because we've actually put them to the test," Schneider
explains, "however, the average consumer would not be privy to that kind of information unless he
did their share of research.