Following several testimonies from ordinary people who reported having been grievously overcharged by some high-profile precious metals dealers, we were shocked to learn how many individuals, couples, and widows are being overcharged to lose up to half of their retirement nest-egg or more.
Now an industry insider came forward as a whistleblower to share his current experience working in a high-pressure, predatory organization built on a business practice of pushing expensive gold & silver on clients, instead of competitively priced bullion.
This whistleblower explains his path into the precious metals IRA business, how he hoped to help people acquire real assets outside the banking system, and how he quickly found out the constant pressure he would be under to steer retirees into expensive special coins costing multiple times what normal gold & silver should cost.
Surprisingly, some of the worst offending firms are characterized by famous celebrity spokespersons, such as retired sports starts, movie or TV stars, or retired politicians, and by polished expensive advertisements that convey an aura of trustworthiness, while simultaneously pressuring investors to buy odd sized specialty coins, proof sets, rare collectibles, or first-strike mint sets, that cut their savings in half and transferred the wealth to the dealer.
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10 silver eagles says this is David Morgan…
If a company is a thief and a liar there’s no shame in naming names
How is he brave or a whistleblower if he's anonymous, and doesn't name the company?
If no companies were named, why does the whistleblower need to be anonymous. Or if he was anonymous why couldn't he name the company?
For all of you people asking to name the company it's called a lawsuit . This is a he said she said scenario without recordings and documentation it's left up to a court to determine cause . This is why researching highly credible dealers is imperative.
Know what you want to purchase and stick to your guns otherwise you will be taken to the cleaners .
With Gold & Silver at current 25-60% Premiums (depending on the form) over spot prices… Isn't EVERY buyer of Physical G&S getting SCAMMED??? Why would anyone want to take a 25-60% loss on day one of an investment?… which is what is actually happening. Dealers (Middlemen) make the real IMMEDIATE money… Stackers get screwed. I do appreciate Liberty & Finance trying to show the Bad side of the PM's business. CLM (Christian Lives Matters)
Prepper Conspiracy channel? Gold/Silver Dealer? I cannot figure out Liberty and Finance. Nice presentations, But … a lot of Gold Silver Prepper content lately. Anyone else?
Silver and gold should be kept as cheap as possible and pure as possible.
Thanks for your courage and helping others, specially elderly people. Alarm helps people careful and need to do more resources, as well as when listen to the salesperson’s attitude whom he/ she is representative for ?
I so appreciate this whistleblower exposing this.
Thank you
I keep getting advertisements from CROWN Bullion…BULLION…. so I did a simple search for reviews…..They haven't been around long, same company with different men's same players… but the reviews were AWFUL!!! Plenty of folks saying bullion ordered and never delivered…. extremely difficult to get through to a human… when you do it's a Benny Hill style run around.. most complaints Said product was not delivered. OUCH!!!!
7K?
Premiums are at a point now that it is almost untenable to purchase silver and gold. But what is one to do? More proof that preparation 10 years ago would have been prudent.
Sounds like a job for Credit Suisse.
… "you're going to come out better in the end…". I guess the salesperson can't come out and say "you're going to be getting it in the rear end..".
Sounds Like D M ?
THANK YOU, THANK YOU for this info and I pray you will have him on again!!!
If they sold folks 10$ Indians years back for a premium, they are doing pretty good now so the scammers kinda got scammed cause those gained healthy premiums like 400 bucks if nice