Sunday, September 4, 2011

Peter Schiff on how to invest wisely in Gold and avoid scams

Peter Schiff : Classic Gold scams & How to avoid getting ripped off , some classic tactic used by some Gold sellers is to advertise something that is really cheap for example a Canadian maple leaf coin with say a 1 percent markup but their real intentions is to sell you something else like a collectible rare or numismatic coin that has a 100 percent mark up claiming that the government will not confiscate it , warns Peter Schiff

2 comments:

  1. Gold has not yet topped. The final blowoff will be bigger ... much bigger ... than the $1400 - $1800 move, which some believe was the final blowoff.

    Ten-year bull markets don't end with 30-40% blowoffs. They end with 500% blowoffs. Just look at the peak of the tech stocks at the end of the internet boom.

    ReplyDelete
  2. Gold has not yet topped. The final blowoff will be bigger ... much bigger ... than the $1400 - $1800 move, which some believe was the final blowoff.

    Ten-year bull markets don't end with 30-40% blowoffs. They end with 500% blowoffs. Just look at the peak of the tech stocks at the end of the internet boom.

    ReplyDelete

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