Money4Gold Holdings Inc. (MFGD.OB): A Different Kind of Gold Company With Golden Profits?
Money4Gold Holdings (MFGD) is a buyer of gold, platinum and silver jewelry from consumers. The company gives sellers cash for their jewelry and refines the precious metals back to their original form. The company primarily produces gold, platinum, and silver metals from recycling customers' jewelry, coins, electronic components, and heirloom collectibles. It also offers recycling services for other precious metals, including platinum and palladium. Money4Gold is the only public company in the burgeoning cash-for-gold industry. Money4Gold's business stands to benefit as the US economy remains sluggish and consumers need cash. Consumers in need of extra money for daily living expenses…
