NYC Refinery EZSellGold Braces for Flood After Gold Prices Top $1000

New York, NY (PressExposure) February 23, 2009 -- Looking to sell gold after the price per ounce of gold closed over $1000 last Friday? A surge in demand is exactly what refineries such as EZSellGold in New York City are expecting as they gear up to handle what they believe could be unprecedented volume in response to a new high in gold prices.

“I am planning to keep the offices open later and have additional staff on standby,” says Allen Natanel, President of EZSellGold.

As the stock market reached new six year lows, investors fled to relative safe havens, sharply pushing up the price of gold mainly stemming from the fears that the Obama administration might nationalize the nation’s largest banks such as Citigroup and Bank of America. These fears were stoked by some seemingly offhanded remarks by Senator Christopher Dodd.

Refineries such as EZSellGold will melt down the jewelry they receive, convert it into bars of metal, and sell those bars directly to the Federal Reserve.

Unlike middlemen or larger organizations that spend a tremendous amounts on advertising (one such example is the recent Cash4Gold Super Bowl commercial), EZSellGold and other refineries can offer a higher price to those customers who want to sell gold jewelry and other items, not only because they have less overhead, but more importantly because they know they can melt it down while prices are at a high as gold prices can fluctuate wildly.

“We are a haggle free operation,” says Mr. Natanel. “We guarantee the highest gold price when you sell gold to us because we know we can refine it and get a certain price from the Federal Reserve whereas non-refineries cannot offer that guarantee.”

Mr. Natanel has a national operation to buy gold. At the heart of that operation is a tremendous Internet footprint.Press Release Headline:

“EZSellGold is significantly leveraging every Internet-based opportunity for marketing and reducing the time it takes to make a transaction. Customers who want to sell gold can print out FedEx labels directly from the EZSellGold web site or any one of the thousands of affiliate web sites,” says Jonathan Jaffe, Owner of, the firm who has developed and managed EZSellGold’s web presence.

“People sell gold to make a mortgage payment, pay off a credit card bill, or buy a gift,” says Mr. Natanel, “and now with gold prices even higher, when we buy gold our customers will be able to stretch those dollars even further.”

EZSellGold Inc. is located in New York City at 21 West 47th Street Suite 501. Allen Natanel, President, is the press contact. For more information, see, or call toll free 800.601.6832.

Contact: Allen Natanel EZSellGold Inc 21 West 47th Street Suite 501 New York, NY 800-601-6832

About EZSellGold Inc

We are located in the heart of New York's Diamond District, on West 47th Street between Fifth and Sixth Avenue. The Diamond District is the world's largest consumer market for gold and diamonds. It has been reported that total receipts for the value of a single day's trade on the block averages $800 million. More than 5200 independent businesses are located in the district.

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Press Release Submitted On: February 23, 2009 at 3:06 am
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