How Do You Avoid Gold Coin Investment Scams?
Avoid gold coin investing scams that are prevalent now that the price of gold is over a thousand dollars an ounce. “Gold” coins are advertised on television and in the newspaper, in the magazines and even on billboards. Many of the ads sound like this is such a great investment. Can a nickel be worth $19.99? Yes, if it is gold, but the advertised nickel is not gold. It is gold clad, or has a gold finish over another metal. Buy gold. Invest in gold if you choose, but be sure it is gold, and not gold wash, gold clad, HGE or gold electroplate, gold filled, goldtone, or any of the other .9999 percent pure gold clad advertisements. Listen to the advertisements carefully. Hear that “Gold has never been worth zero.” The dollar has never been worth less than a dollar in the USA either. Maybe we should be investing in dollars. Beware of the sideshow. Watch the clever language of the ads like “Based on the famous design by James Earle Fraser.” Yes, he designed the buffalo nickel in 1913 and was
