Through direct marketing and online advertising, CASHOUT my GOLD solicits individuals interested in selling unwanted items containing precious metals and provides those individuals with a ‘no-cost’ means and materials necessary to obtain the highest payout available in the market today. CASHOUT my GOLD purchases the items and then processes and refines the materials into their purest form. CASHOUT my GOLD derives its profits from the margin between the price paid and market or ‘spot’ price of the metal.

The price of gold has increased over fifty percent in the last year reaching record high prices the market has not seen since the eighties. The current high price of gold, combined with the economic downturn over the past several years has led to a dramatic increase in the number of people wanting to cash in their gold or other precious metals items.

The CASHOUT my GOLD business model capitalizes on this economic trend by eliminating the ‘pawn shops’, often considered an embarrassing method for selling anything old or unwanted, by utilizing the power of the internet to facilitate this transaction while giving the consumer top dollar for these undesirable items.