3 Reasons People Get Scammed Buying Gold
Dr. Raymond Youngblood, Jr.
Minerals Extractor | Created the Hybrid Currency | Paramount Chief | @YoungbloodIndustries | From Louisiana, USA
I am not sure why people think I, as the miner, must go into the mosquito and snake-infested swamps to find a mineral, then spend the time and money to take it out of the ground and process it. Then you want me to turn around and sell it to you for a cheap price allowing you to resell it for a profit higher than mine. We country people have a saying when something will stop, "That dog won't hunt anymore."
1. GREED. If you had any idea what it takes to find and extract gold, you would not be looking for reduced/low prices. Greed even gets people killed. There are no cheap gold folks, for sure not from us. I don't care what your contract says or who your buyer is; it's miner direct to consumer from this point forward.
2. UNDERSTANDING LAWS. Stop thinking the USA and Europe are not the only countries with laws. All countries have laws and deserve the same respect. Just because you want gold, diamonds, etc., you feel a less wealthy country's rules don't apply to you. You break the law trying to cheat the system; then you get scammed, then you cry and whine you got cheated. You leave out the part of the story explaining that you tried to circumvent the situation.?
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3. MINERS VS. BROKERS. The further away from a miner, the more likely you will be "stuck like chuck" (scammed or duped). Miners have a procedure, and brokers have theirs; they are not the same. If you want cheap gold, you must mine for it or find a miner to invest in. For every one miner, there are thousands of brokers. At this point and time, brokers are fading out. Consumers that buy gold from brokers are forced to take a loss for years. Why?
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