Brian Dean, Publisher of OTCPicks.com, announced today that his firm has initiated Profile Coverage of Money4Gold Holdings (OTCBB: MFGD) on their exclusive penny stock alert service. Mr. Dean comments, Current high precious metals prices, combined with the economic downturn, have led to a dramatic increase in the number of people wanting to cash in their gold and other precious metal items. In fact, in 2007 alone, 29 million ounces of gold came to market worldwide from recycling--- making it an approximately $20 billion marketplace. Along with gold, silver and platinum also have substantial recycling markets which are seeing growing demand.
In fact, you’ve probably seen the ads on TV and the internet of firms trying to grab an early piece of this exploding market. Like those hokey ads with MC Hammer or Ed McMahon? These ads might be cheesy or slightly annoying, but it is a seriously big business folks.
When you can get consumers to willing send you a commodity like gold for less than half of its value – we get excited about that company’s prospects.
Our latest stock idea---Money4Gold Holdings (MFGD) is THE LEADING public company offering cash to consumers for unwanted gold and precious metal jewelry. In fact, it is at the forefront of a broad recycling trend and is producing gold, silver and platinum by recycling customers’ jewelry, coins, electronic components and heirloom collectables.
This is an idea we originally introduced a few months back, and only had moderate success with. Now that the stock has consolidated nicely in the current range we feel the waters are worth testing again especially on the heels of today’s incredible news.
To join OTCPicks.com’s free penny stock alert service please visit http://www.otcpicks.com/microcap.htm
To view the OTCPicks.com Company Profile for Money4Gold Holdings, please visit http://www.otcpicks.com/money4gold-holdings.htm
About Money4Gold Holdings
The Company’s mission is to increase shareholder value by producing gold, platinum and silver in increasing quantity, and without the risks of mining, large capital costs or the attendant environmental and political hazards. Management believes Money4Gold can offer the upside potential of the thriving international precious metals markets by the broad-scale acquisition, recycling and production of gold, platinum and silver, while concurrently providing a new level of service and payout to individuals and groups wanting to sell their precious metals. Through Money4Gold’s consumer websites, including; www.Dollars4Gold.com, www.Dollars4Gold.ca and www.money4golduk.com, the company strives to provide the most convenient, efficient and secure method for individuals to recycle items containing precious metals. For more corporate information, please visit www.Money4Gold.com.
About OTCPicks.com
OTCPicks.com is an Internet destination for investors seeking information on small cap and micro cap companies. The web site features companies in Profile Campaigns, Executive Interviews and Research Reports authored by our financial writers. We publish our Daily Market Movers Digest Newsletter to opt-in investor members. To feature a company on OTCPicks.com, please contact our publisher, Brian Dean at 972-546-3740, or via email at publisher@otcpicks.com.
Forward-Looking Statement: This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.
Disclosure: OTCPicks.com has been compensated a total of three thousand five hundred dollars by a third party (BlueWave Advisors) for MFGD advertising and promotional services.
OTCPicks.com is not a registered investment advisers or broker/dealer. OTCPicks.com makes no recommendation that the purchase of securities of companies profiled in this website is suitable or advisable for any person or that an investment such securities will be profitable. In general, given the nature of the companies profiled and the lack of an active trading market their securities, investing in such securities is highly speculative and carries a high degree of risk.
