What They Do
BAIT & SWITCH
Here is how these scammers work: Not all companies use this procedure to up-sell you but so many do.
Here is what they do:
When an innocent person contacts some of the larger gold coin companies wanting to purchase bullion, the sales person will convince you to purchase Gold and Silver Coins. It’s the old “Bait and Switch” technique. They talk to you about your interest in purchasing bullion and convince you that Gold and Silver Coins is the only way to go to expect higher profits. They are very convincing and they are lying to you. After purchasing Gold and Silver Coins at a much higher price than purchasing the same weight in bullion the coins don’t appreciate as rapidly as the bullion market. Mainly because you purchased the coins at a much higher price.
TODAY GOLD COINS ARE NOT LIKELY TO RETURN YOU PROFITS AS HIGH AS JUST OWNING BULLION. NOT LIKELY TO CHANGE ANYTIME SOON.
It is really that simple. Not complicated. Watch for the “Bait and Switch”.