Many people are grateful to hear that the unscrupulous Larry Bates and his FAMC precious-metals venture are being stopped by the American courts. Bates has accumulated a flock of angry victims and invited the justice of The Lord.
But the angst that we feel for the many people who lost big chunks of their investment nest eggs, or worse, to Bates' deceitful practices also prompts us to remind our clients and everyone else: You need to be very discerning about where you invest money in gold and silver, and who helps you make those investments.
The meteoric rise of Bates and FAMC shows exactly how unethical the metals business has actually become with the emergence of a lot of new dealers over the last number of years. They are in it for greed, and that's the plain truth. And many of them can actually get away with fleecing innocent clients since sales of gold and silver are mainly unregulated in this country. So, lots of dealerships specialize in marketing the highest-priced items to trusting purchasers.
We have actually helped several clients escape deceptive practices. We have shown our clients how the right strategy is to buy gold and silver instruments that are easy to barter rather than rare and expensive coins that would not work in the coming economic disaster.
We remind them that Americans again are going to have to use gold and silver to buy what we need once the dollar completely disintegrates and the financial markets crash as they did in 2008 - only with much worse results.
However, since only 2 percent of Americans are reported to own precious metals of any kind, there is a lack of knowledge among brokers about exactly what precious metal instruments people should buy and why. Our target is to help customers overcome this ignorance. We make certain that our clients pick the best financial investments.
Bates used to shamelessly exploit this lack of knowing for his very own piggishness. And there remain a lot of precious-metals dealerships-- others like Bates and FAMC--who say they work under "Christian" concepts but are lying.
We understand the role that the demise of the dollar plays in Biblical prophecy. We explain how the Bible tells us, in Revelation 18, that gold and silver will be used as currency until the end. We are educators for new investors about why they should own God's Money, and how to go about it wisely.
But the angst that we feel for the many people who lost big chunks of their investment nest eggs, or worse, to Bates' deceitful practices also prompts us to remind our clients and everyone else: You need to be very discerning about where you invest money in gold and silver, and who helps you make those investments.
The meteoric rise of Bates and FAMC shows exactly how unethical the metals business has actually become with the emergence of a lot of new dealers over the last number of years. They are in it for greed, and that's the plain truth. And many of them can actually get away with fleecing innocent clients since sales of gold and silver are mainly unregulated in this country. So, lots of dealerships specialize in marketing the highest-priced items to trusting purchasers.
We have actually helped several clients escape deceptive practices. We have shown our clients how the right strategy is to buy gold and silver instruments that are easy to barter rather than rare and expensive coins that would not work in the coming economic disaster.
We remind them that Americans again are going to have to use gold and silver to buy what we need once the dollar completely disintegrates and the financial markets crash as they did in 2008 - only with much worse results.
However, since only 2 percent of Americans are reported to own precious metals of any kind, there is a lack of knowledge among brokers about exactly what precious metal instruments people should buy and why. Our target is to help customers overcome this ignorance. We make certain that our clients pick the best financial investments.
Bates used to shamelessly exploit this lack of knowing for his very own piggishness. And there remain a lot of precious-metals dealerships-- others like Bates and FAMC--who say they work under "Christian" concepts but are lying.
We understand the role that the demise of the dollar plays in Biblical prophecy. We explain how the Bible tells us, in Revelation 18, that gold and silver will be used as currency until the end. We are educators for new investors about why they should own God's Money, and how to go about it wisely.
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Want to find out more about precious metal investing, then visit Anne Trimble's site on how to buy gold and silver.
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