Average investors may find their first purchase of physical gold and silver a little intimidating.
To be sure, bad actors have sold metals with lower purity or less precious metal content than claimed. Sometimes it requires special equipment or knowledge to detect such fraud. And there are other ways for novice investors to be scammed. Here we reveal the five biggest traps to avoid. Heeding these warnings will save you time, money, and stress for you and your loved ones.
Individual scammers Over the past few years, there have been many cases of scammers and thieves in the precious metals market. Several public warnings have been issued by the CIA, FBI, and NSA, regarding scam syndicates and terrorist organizations operating in this space.
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