As the economy makes it harder to get by on a day to day basis we are all looking for extra sources to pay bills, have fun, or just get extra cash to invest in other things. Rather then look to your 401(k), IRA, or other retirement accounts to get through a current tough time why not look into something you already have but don’t use. We all have jewelry that we don’t use anymore because it is out of style, broken, or maybe even missing the matching piece… why not cash in on these otherwise useless pieces!
When the economy goes bad hard commodities such as precious metals like gold, silver, and platinum generally go up in value. So while times are tough, it is a good time to cash in on that gold, silver, or platinum you are not using! So instead of taking from your future use something from your past to help your present situation!
Here we go by the daily spot price for gold, silver, and platinum. Since the price of precious metals changes everyday a good source to find out prices for that day would be the website Kitco. It tracks the daily spot price on precious metals such as gold, silver and platinum. This way you will know that when the price is up to come in and get your cash.