by DebtFreeMe » Fri Jun 15, 2012 7:43 am
Thanks all for your advice and help. Engineer, I do have to agree with your take on being libertarian, warning others about a bad deal/possible scam is different than asking the authorities to step in.
Bluegill, although I agree with you that he does state the word clad, all throughout the post he talks as if these are full silver bars; he talks about melting them down. We in the PM community know that if you melt down a clad bar you will end up with worthless crap not a lump of silver, but for those that may not be as into this as us, all they see is that it is .999 silver and may not know what clad means, and therefore miss the fact that these are just a very thin layer of silver on top of some very inexpensive filler base metal.
So is he committing fraud, no, is he playing to the ignorance of people that may be looking for the safety of hard money without the education needed to not get ripped off by some of the lowest common denominators in the PM community, yes... (Please note I think on here and some other boards, we as a community do a great job at weeding out these kind of folks early on, that's why I enjoy this community).
I have now also flagged him.
Thanks again.