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<p>[QUOTE="Owle, post: 1023915, member: 22004"]I spoke with a major buyer who told me that the GL matter is having the following effect on the type gold market: Used to be, GL and the usual suspects, would be calling up the major buyers wantings 100s of generic or semi-numismatic gold coins. Now they are afraid that it could be a government "investigator" calling as part of a potential sting operation, what the feds are looking for is big promoters baiting the "investors" with the stellar performance of the pms then trying to switch them into semi-numismatics. </p><p> </p><p>I've read the Goldline sales contract; I did not see any loopholes so that buyers could say they were deceived. The fine print IMO immunizes GL from prosecution. </p><p> </p><p>Expect to see a lot more plusses in the CDN after the elections as buyers will feel more secure about economics. Unsettled matters are not good for the economy.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1023915, member: 22004"]I spoke with a major buyer who told me that the GL matter is having the following effect on the type gold market: Used to be, GL and the usual suspects, would be calling up the major buyers wantings 100s of generic or semi-numismatic gold coins. Now they are afraid that it could be a government "investigator" calling as part of a potential sting operation, what the feds are looking for is big promoters baiting the "investors" with the stellar performance of the pms then trying to switch them into semi-numismatics. I've read the Goldline sales contract; I did not see any loopholes so that buyers could say they were deceived. The fine print IMO immunizes GL from prosecution. Expect to see a lot more plusses in the CDN after the elections as buyers will feel more secure about economics. Unsettled matters are not good for the economy.[/QUOTE]
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