Gold Buying Guide

dogoffire70 asked:


Because it’s buying $200,000,000 of gold now. How the hell can they afford that? And why are they buying it?

Sorry, I am a kid. And I am curious.

rodrigorules asked:


I remember my (extremely gullible) dad had bought into the whole Iraqi Dinar scam, a few years ago (Big time, 1500 Us dollars worth)

he bought Gold coins off the television this time because they promised that the value of the coins were going to rise greatly

OF course even if the price of gold went up, where the hell would he sell it, And OF COURSE theres no way to verify whether the tv scamsters set a fair price (of course not, or they wouldnt make money!)

so did my dad get 100% scammed again?
he thinks he is so smart haha, cant talk him out of anything
and btw, gold coin dealers only pay like 80 or 90% of the actual coin value from what i read now.