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<p>[QUOTE=&quot;GDJMSP, post: 824146, member: 112&quot;]Apparently you are unaware of how these things work. Ever hear the prhase &quot;boiler room&quot; used ? Do you have an understanding of it ? Well, that&#039;s what happens when investment fund management companies and all these &quot;gold investment&quot; companies do when they run a promotion. They put a bunch of people together in the same room with each having a phone and give them a list of phone numbers. Then these people sit there for days at a time calling and calling and using high pressure sales tactics trying to get folks to buy their gold coins.</p><p><br /></p><p>Now bear in mind, the people that are being called are not coin collectors, nor dothey know anything about investing in gold. They are John Q. Public, often old and retired, on a fixed income and worried about the future. Sometimes they are young, newlyweds or young couples with a new baby. The guys running these things have it down to a science. They know how to prospect, they know how to pick their victims, they know how to play on your fears, they know how to convince you to buy what they are selling. And they sell it at vastly inflated prices knowing full well that the people (the victims) who are buying are going to lose a large portion of their money - and very quickly.</p><p><br /></p><p>Now the group, or groups for there is almost always more than one group, that I was talking about do this every year, at the end of the year, because a lot of folks wait until the end of the year to make their contributions into their IRA accounts for tax purposes.</p><p><br /></p><p>But they also do the same thing all year long, but on smaller scale. And they don&#039;t always just sell gold or silver. Many times they will be selling &quot;rare coins&quot;. Like the famous SGS 70&#039;s (or choose your self-slabber). But whatever they are selling, you can count on it being sold for far, far more than it is worth.</p><p><br /></p><p>So when I use the term investment managers, I use it lightly. But that is what they present themselves as, that is what they sell themselves as. And they will use some fancy company name that makes it seem all too legitimate.</p><p><br /></p><p>But in every single case they have but one purpose to get your money. And they are <u>very</u> successful at it. They make millions ! And the people, the victims, they lose money. Every single time.[/QUOTE]</p><p><br /></p>

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