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<p>[QUOTE=&quot;Owle, post: 954457, member: 22004&quot;]I know a fellow who was dealing with Monex or Monaco and entered into a leveraged commodities contract. My discount brokerage told me that this fellow from Ohio may have recourse because the seller of the commodities contract, which BTW wiped the Ohio &quot;investor&quot; out financially to the tune of hundreds of thousands of dollars, probably acted illegally in setting an investment idiot up in a gambling-style contract probably knowing that his wife, mother and daughters were also at risk. A lawyer would know what laws might govern such a transaction and whether it is really &quot;fraud&quot;, &quot;constructive fraud&quot;, investment fraud, etc..</p><p>&nbsp;</p><p>I spoke with a Goldline representative recently, I got their mailing with legal contracts part of their sales promotions. They quoted me over $500 each for old Sovereigns, and over $3000 for proof gold eagles (CDN price is under $2000 on 1 oz. proof eagles). They said they will pay considerably more when they buy back their coins from customers, provided a number of conditions are met. They recommend customers holding their offerings for at least five or so years to allow fat profits to fully manifest. They actually quoted reasonable prices for bullion US gold eagles to me--less than $75 over spot. Peter Schiff, the senate candidate from Connecticut commented on the Goldline issue by saying that he would try and open up a bullion trading operation as part of his Euro-Pacific investment company with very tight spreads. </p><p>&nbsp;</p><p>I would like to see Apmex or other large US gold bullion dealer run TV ads. But then they would probably have to raise their prices. </p><p>&nbsp;</p><p>I doubt they are engaging in fraud, legally defined.[/QUOTE]</p><p><br /></p>

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