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Ask Oprah's All Stars - 20 Questions for 20 Somethings

Suze, are "cash for gold" stores legitimate?

Suze Orman: Well, if he needs the money now is the perfect time to be selling. Gold's very high in terms of what it's costing all of you to buy it in terms of what you could possibly get to sell it. But please be aware of this: I saw this thing, this "Cash 4 Gold". I would personally stay away from them. If you checked the Better Business Bureau you would see hundreds and hundreds of complaints against them. Please understand that when you have jewelry, the only jewelry that's pure gold is twenty four karat gold. Make sure you price it around before you sell it. But now isn't such a bad time if you need the money.

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Published on November 11, 2011
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