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Gold Buyer Beware!

Last week, after a two-day euphoria over lower interest rates, stocks retreated, oil broke through $81/barrel, and the dollar sank, reaching parity with the Canadian dollar for the first time in decades.

Don’t be surprised if you start seeing TV commercials urging you to “Buy Gold!,” insisting inflation is back with a vengeance. Put your wallet away for a minute.

That piece of advice doesn’t come from me, although I agree. It comes from folks who would be delighted to sell you gold: the Professional Numismatists Guild (PNG), a non-profit organization representing rare coin dealers, which recently issued a consumer alert.

Related posts:

  1. PNG Warns: Buyer/Seller Beware to Avoid Overpaying, Underselling
  2. eBay Seller Sues Buyer for Leaving “Neutral” Feedback
  3. Gold Coin Scam Victims: Where To Turn For Help
  4. As Gold Price Rises, Experts Issue Consumer Caution Advisory
  5. Gold to Shine in Forum at World’s Fair of Money
  6. Gold is on the move – Take advantage with Gold American Eagles
  7. Gold price soars past $730, raising gold type coin values
  8. World Gold Council: STRONG GOLD DEMAND EXPECTED FOR 2010
  9. Nuggets of advice before you sell gold
  10. UPWARD TREND IN GOLD PRICE DURING SECOND QUARTER 2010 BACKED BY STRONG FUNDAMENTALS, SAYS THE WORLD GOLD COUNCIL

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