With so many gold frauds out in the market today, you need to know which ones to avoid and how to protect yourself. ITM Trading is here to help.
Check into the company and make sure it’s been around for at lest 10 years or more. With the price of gold rising more and more bogus companies are emerging everyday.
The Internet is a great start and tool to utilize along with the BBB. Read testimonies and reviews. Remember there are bound to be some complaints because not everyone can be satisfied.
Some companies will try to pressure you into sending them money. Avoid these types. Also ask questions about their sales tactics. You have a right to know what they charge upfront. Avoid companies that hide their fees, those are the companies that usually have very high fees and can hurt you in the long run.
Another practice to be leery of is guarantees. No business can offer guarantees even if past performance has been excellent. Again, do your research.
Different gold products do different things for each person and their goals. Your goals will help decide what product is best and which will work harder for you and make you more money.
If wanting to sell your gold jewelry at a “cash for gold” center make sure you do some investigating on the business of choice. Most will pay an average of 50-65% of the spot price while others may pay less.
Questions or concerns about gold or gold scams can be answered by calling ITM Trading. We’ve been in business for over 16 years and have an excellent rating with the BBB.
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