Peter's Blog

Gold Scams Are Voted the #1 Scam for British Colombia for 2012

It’s not just the U.S. that is plagued with the cheesy gold-buying commercials and ridiculously priced gold coins. Canada also deals with their fair share of gold scams. With the Cambridge House Resource Investment Conference around the corner in Vancouver, BC, it’s important that BC’s Better Business Bureau has created a Top 10 Scam List […]

“That meant she paid more than $20,000 for silver coins she never agreed to buy…”

Words spoken by Robert White, an appraiser, who checked out the inventory Nola Cronk had just acquired from  Capital Gold Group. Cronk approached an appraiser after having a hellish battle with what she thought was a move to protect her retirement. Nola Cronk’s husband had passed away, and unfortunately he was the one who took […]

The Gift That Keeps on Giving

This holiday season, I came up with a not-so-original idea to buy (or give from stock) silver* as my trademark gift. Not only is it an educational tool that brings up questions about investing and the future of the dollar-based system, but it’s also worth a nice chunk of change. As we speak I’m packing […]

Read the Fine Print on eBay

Now I usually do my dealing face to face with a local bullion shop, but just as Christmas shopping isn’t always done in a store anymore, neither are all precious metal purchases. Many friends and associates have mentioned the gold and silver buying options on eBay, Craigslist, and Amazon. Turns out it serves the same […]

Scam Tricks Woman into Buying a Fake Gold Bar

If it sounds too good to be true, it probably is. Although we refer to the conventional pathways to purchasing gold, I’m sure over time as you begin immersing yourself in the precious metal’s community you will find yourself looking for deals in all places. Your ears will begin to perk up when you hear […]

Jamie Campany Publicly Apologizes for $30 Million Gold Scam

It’s not just the bait and switch scams you have to watch out for; scams can be even scummier than you can imagine. This particular scam cost individuals tens of thousands as Global Bullion Exchange owner Jamie Campany mislead his over 1400 clients to invest in gold “accounts” that would never actually hold the bullion. […]

Bait and Switch 101

When you first venture out to purchase your gold or silver the choices will be plentiful and so will the advice. You’ll face the options like: squares or circles, shiny or dull, and government issued or good ol’ minted bullion. It can become overwhelming and even confusing deciding whether junk or .999 rounds are the […]