Along with the troubled economy over the last few years have been warnings about the possible collapse of the Dollar and other currency around the world. What is someone to do? Well many recommend buying gold or other precious metals for their historical safety and value. While diversity in any investment (including gold) is a good idea, many people just don't know enough about the gold market to be smart about it.
Gold sellers and buyers have taken great advantage of this. Cash4Gold is one of the buyer's that continuously rips off people trying to get some money back from gold, but the big ads these days are the sellers. "Buy gold coins!", "The Dollar is about to fail!", "Protect yourself from inflation!" and more scare-messages are blurted from the TV to encourage people to buy gold to protect themselves, without actually educating them about what they're doing. One of the big personalities selling GoldLine is Glenn Beck, who also pushes the fear to new levels on Fox News, thus multiplying his fear-selling ads.
This is how these gold sellers work:
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