With the increased public interest in owning
precious metals for financial safety and profit potential
also comes the increased risk of new consumer fraud and rip-off scams.
Consumer Alert:
AVOIDING
INVESTMENT
GOLD FRAUD
Get a basic education before buying!
7 Warning Signs Of Commodity "Come-Ons"
If you are solicited by a company to purchase commodities, watch for these warning signs
listed below:
- Avoid any company that predicts or guarantees large profits with little or no financial risk.
- Be wary of high-pressure tactics to convince you to send or transfer cash immediately to the firm.
- Be skeptical about unsolicited phone calls about investments from offshore salespersons or companies with which you are unfamiliar.
- Prior to purchasing, contact the CFTC (www.cftc.gov) or other authorities.
- Be sure you get all the information about the company and verify that data, if possible.
- Learn all possible information about fees and commissions charged, and the basis for each of these charges.
- If in doubt, don't invest.
8.24.2011-The New Gold Scare… Gold Scams!
barrick-gold If you are a goldbug or if you believe gold is a bubble, one thing is for certain… Investors have to be careful to avoid pitfalls, and the biggest fear is that there are scams out there. FINRA has gone so far as to release a warning and supporting white paper on the matter called “”Gold” Stocks—Some Investments Mine Your Pocketbook” today.Fox Business News
More Gold Fraud Articles
If you intend to buy bullion or U.S rare coins as a long-term
investment Swiss America believes your best protection is
learning about coin investments first. All of the basics are covered in "A Rare Opportunity" DVD and syllabus: The type of gold, forces driving precious metal prices higher and steps before buying or sell.




