Gold coin scam I just saw on CNBC vlog
5 years ago in #steemsilvergold by geneeverett (61)
$0.05
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- - Author $0.04, 0.00 TRX
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Wow, $2395.........Let's go get ya some........Just wait until the real run of the metals start going toward the highs (i.e. 1900) in USD fiat prices. These guys will be trying to get 1000 over spot. PASS
U see this?
So dumb
It doesn't seem like there needs to be this division, you are either right/left, BTC/Gold.....Can't we all just get along
This is shopping TV, what do you expect? If they sell a frying pan for 19.99 its also $10 overpriced. Its just the same with gold coins.
We have similar shopping channels here, where they tell the people that investing in gold is a great way to hedge ahainst inflation, crisis times ect. - which is basically true. But then they try to sell some gold medals (not currency coins, but private mint made with weird weights and .900 gold, to make it harder to work out the value) to the people for double the usual bullion dealer shop price.
But it's not illegal - they don't say anything that isn't true. They just hope to find some people who are dumb enough to buy from them. And it seems to work, appearantly.
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But same exact grades can be bought for $700 less on JMbullion or any other major outlet online.
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Again
JM bullion u can get a ms64 Of same coins for $100 over spot maybe $140 tops. This is a rip-off
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