Food for thought this week, and it is to stick up for a fellow competitor of mine in the gold business Peter Schiff; Peter can talk economic circles around anyone at CNBC except the guy who was a former bear on CNBC Rick Santelli where I respect the views of both. First off, I give Santelli credit for turning bullish …
Read MoreLear Capital Sued Over Selling Gold and Silver Coins with Excessive and Hidden Fees
Lear Capital Sued Over Selling Gold and Silver Coins with Excessive and Hidden Fees by LA City Attorney These are allegations only so far. I have been exposing gold dealer tactics since my first book Buy Gold and Silver Safely was instrumental in getting one gold dealer to curtail their deceptive sales tactics. I wrote an article about …
Read MoreGold Dealers Who Sell 1.5 Ounce Silver Coins Are Ripping You Off – Actual Case Study
When it comes to gold dealers, not all are the same. This article will expose a tactic one gold dealer, Lear Capital, has used to charge very high commissions for bullion silver and gold coins they sell, sometimes leaving you having to make 30% or more just to break even. The way to tell the difference in whether or not …
Read MoreHow Gold Dealers Ripoff Clients
Most gold dealers advertise on television or radio with spots on popular conservative shows like Mark Levin, Sean Hannity, Glenn Beck. Gold dealers are in fact some of the biggest advertisers for Fox Television which begs the question, how can they afford so many commercials each night as high as $20,000? The simple answer is, they push numismatic, rare, collectible …
Read More