Avoiding Gold Investment Scams,Easy Tips From Following Guidelines
Fri, Sep 28, 2012
Silver And Gold Investment Scams
A few weeks ago we looked at the most common gold investment rip offs out there.
There couldn’t have been a better time either. A few weeks later QE3 was announced. And with the Fed has publicly committed to printing at least $40 billion new dollars each month – with no end in sight – gold prices are back on the rise, bullish sentiment has returned, , and investing in the gold price stock market is becoming more of a mainstream investment than it has been in decades.
With demand for gold investments comes the unscrupulous rip off artists will be targeting New Gold Investorsand luring them into making a bad decision.
We covered the three most common and how much they will cost (you could be down as much as 60% the moment you buy!), but there will be plenty more as gold prices rise higher and gold investment demand rises right along with it.
So here’s our #1 way to avoid all of the Current Gold Investment Scamsand the future ones too.
To avoid getting ripped off simply remember this…
If they’re advertising the “deal” to you, they’re making more than enough to pay for that advertising.
The key here with all of the gold investment options being pitched out there online, on the radio, and on television is they all have advertising expenses.
That’s why you’re much likely to get the same gold investment options at your local coin deal who’s advertising budget begins and ends in the phone book.
Sure, all of this may seem obvious. But buying gold and precious metals will be unlike any other purchase you’ve ever made. After all, gold investors are driven by both fear and greed. It’s a risky and potentially costly combination of emotions. But armed with the right information and start out by buying the right amount of gold, you can make gold the foundation of a solid portfolio.
Visit ContrarianInsights.com For More Information On Gold Investment
Executive Editor, Contrarian Insights
The Group of Big Investors in United States.
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