Consumer Alert:

AVOIDING
INVESTMENT
GOLD FRAUD

Get a basic education before buying!

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. Swiss America offers consumers suggested steps of action to avoid gold dealer problems and/or to help resolve outstanding gold dealer complaints.

7 Warning Signs Of Commodity "Come-Ons"
If you are solicited by a company to purchase commodities, watch for these warning signs listed below:

1. Avoid any company that predicts or guarantees large profits with little or no financial risk.
2. Be wary of high-pressure tactics to convince you to send or transfer cash immediately to the firm.
3. Be skeptical about unsolicited phone calls about investments from offshore salespersons or companies with which you are unfamiliar.
4. Prior to purchasing, contact the CFTC (www.cftc.gov) or other authorities.
5. Be sure you get all the information about the company and verify that data, if
possible.
6. Learn all possible information about fees and commissions charged, and the basis for each of these charges.
7. If in doubt, don't invest.

2.29.12--Gold Brokers Are Not Created Equal- Pat Boone

In May 2011 the FTC published a Consumer Alert with suggested guidelines to help investors considering purchasing U.S. gold and silver coins. I think these guidelines will be helpful for public awareness, especially now that owning physical gold has become such an important safety net in today's uncertain economy. I see the FTC guidelines use the exact same phrase, "All Gold is Not Created Equal", coined by Swiss America back in 1997... READ MORE

2.22.12--Expert Offers Six Vital Steps To Avoid Gold Coin Fraud, Scams and Hustlers When Buying or Selling

Today unethical gold dealers are scamming the public in scores of ways, including; over-pricing coins, over-promising performance, over-selling the product, long or non-delivery, no buy-back policy, etc. A veteran numismatist and author offers consumers six steps to follow before buying or selling gold. READ MORE


More Gold Fraud Articles

More Investment 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.

More info: Expert Offers Six Vital Steps To Avoid Gold Coin Fraud, Scams and Hustlers When Buying or Selling and Swiss America responds to Do You Have a Gold Fraud Claim Against Swiss America Trading Group?