Scam Attacks on the Precious Metals Industry
Be prepared for the next great transfer of wealth. Buy physical silver and storable food.
news.goldseek.com / By Miguel Perez-Santalla / April 12, 2013
How many people buying gold or silver today are experts when it comes to physical metal?
I REMEMBER starting out in the industry of foreign currency exchange and precious metals back in the early 1980s.
It was exciting; I mean I really enjoyed it. I started in the vault; I was allowed to handle currencies from all over the world. In a few short months, because of my enthusiasm, I also became an expert on all the major currencies. I had my dear friend and tutor Irving Leiber, who was a survivor of the Holocaust and he taught me everything I know about currency and counterfeits. I loved him dearly and I miss that man.
Irving taught me to have a keen eye, to learn from my senses, with my hands, the feel, the look and color. In less than a year he was close to retirement and he was telling everyone if they had questions about currency to come see me. I had great success there as I moved to more important positions within two years.
I left that company but I never forgot what I learned there. I learned that unfortunately there are many people always trying to scam the system. Not just through counterfeit coins and currency but through other methods such as fake checks, and using foreign pennies that had the same size and dimensions as dimes in turnstiles in the US. Learning how to spot such scams was an important step in my education of becoming a wise businessman in currency and precious metals. Almost 30 years later all of what I’ve learned back then is still pertinent. In fact, I would say more so, as I share the knowledge I’ve acquired with people within and outside of the industry.
Thanks to BrotherJohnF
2013-04-13 06:01:47
Source: http://silveristhenew.com/2013/04/13/scam-attacks-on-the-precious-metals-industry/
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