NY Men Charged With Selling Fake Gold Coins
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goodasgold
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Re: NY Men Charged With Selling Fake Gold Coins
Just one more reason why Mayor Deblasio never should have terminated Stop &Frisk!
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Pointedstick
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Re: NY Men Charged With Selling Fake Gold Coins
Moral of the story: don't buy precious metals from shady-looking characters advertising on Craigslist. 
Human behavior is economic behavior. The particulars may vary, but competition for limited resources remains a constant.
- CEO Nwabudike Morgan
- CEO Nwabudike Morgan
Re: NY Men Charged With Selling Fake Gold Coins
Yes. That and very high risk of robbery when you use Craigslist. Either you are buying gold so they'll know you have a lot of cash. Or you are selling gold so robbers know you have bullion.Pointedstick wrote: Moral of the story: don't buy precious metals from shady-looking characters advertising on Craigslist.
I say again (and in the Gold FAQ and in the book), that you should buy gold only from reputable gold dealers. Do not buy from Craigslist, EBay, etc. It's not worth the risk.
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MachineGhost
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Re: NY Men Charged With Selling Fake Gold Coins
What kind of moron would even buy gold coins via Craigslist? Words fail me.Pointedstick wrote: Moral of the story: don't buy precious metals from shady-looking characters advertising on Craigslist.
"All generous minds have a horror of what are commonly called 'Facts'. They are the brute beasts of the intellectual domain." -- Thomas Hobbes
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
Disclaimer: I am not a broker, dealer, investment advisor, physician, theologian or prophet. I should not be considered as legally permitted to render such advice!
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dualstow
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Re: NY Men Charged With Selling Fake Gold Coins
Those are two very naughty Koreans. If they weren't born here, I hope they get deported forthwith.
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Mark Leavy
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Re: NY Men Charged With Selling Fake Gold Coins
The prices in that article were below spot. Buying 10 or 12 coins at a time. Clearly the buyers thought they were buying stolen goods. The sellers were relying on the buyers' greed and assuming that they wouldn't ask too many questions.MachineGhost wrote: What kind of moron would even buy gold coins via Craigslist? Words fail me.