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Goldline

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

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Goldline

Postby JerrySpringer » Thu Dec 27, 2012 1:44 pm

How does Goldline stay in business? I went to their site just now and they are selling some silver War of 1812 coin but do not post the price. Silver is silver but they make it to be some kind of mystery apparently. Notice how they are pushing silver after have pushed gold for longest time. Not that I am against PMs, just that Goldline seems to be less likely a cost-wary stacker first-choice.
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Re: Goldline

Postby NHsorter » Thu Dec 27, 2012 2:38 pm

They stay in business by drawing in the ignorant using expensive ads, and then they rip them off.
“They who can give up essential liberty to obtain a little temporary safety, deserve neither liberty nor safety” Benjamin Franklin
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Re: Goldline

Postby JerrySpringer » Thu Dec 27, 2012 3:43 pm

NHsorter wrote:They stay in business by drawing in the ignorant using expensive ads, and then they rip them off.


That has to be a lot of ripping off as they pay all the talk radio folks to advertise the gold. The fine print says they have a 28% premium over spot on the bullion they sell. Guess that is why they do not post prices like EVERY other online vendor does. Maybe it is like folks who buy loaded mutual funds and/or mutual funds sold by banks. They feel that they need experts or something to hold their hand/over-charge them?
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