Thursday, March 03, 2011

7 Ways Not to Buy Gold

Avoid these rip-offs when buying gold coins or bars.

Given that $52 billion worth of gold was sold last year for investment purposes, according to the World Gold Council, it’s not surprising that shady dealers have lined up for a piece of the action. Most of the total was invested in gold mutual funds or exchange-traded funds. But some of us like to possess the lustrous stuff by buying it in coins or bars -- and that’s when you can get ripped off.

Regulators say the number of rip-offs is rising with . . .

Full story at: Kiplinger

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