Don't Fall For These Gold SCAMS | Andy Schectman

By Herman James / November 08, 2022 / marketsanity.com / Article Link

Liberty and Finance, Released on 11/8/22

Unfortunately there are scams out there in the gold bullion industry. Some companies will push exotic collector coins promising a huge profit, when in reality, the products are being sold sometimes at multiples of the actual buyback value. If you think you may be getting scammed, it is important to get a second opinion on products before finalizing an order. While the retail bullion industry is federally unregulated, companies in the state of Minnesota, such as Miles Franklin Precious Metal Investments, are regulated. Miles Franklin is bonded in the state of Minnesota, and every broker must pass a background check to be licensed. Miles Franklin's clients, regardless of what state they are purchasing from, are protected by Minnesota's regulation standards.

0:00 Intro2:49 Gold scams17:19 Red flags22:21 Trust your gut28:26 Dedollarization46:00 Weekly special

Andy Schectman is the President and CEO of Miles Franklin Ltd. Precious Metals. Prior to starting Miles Franklin, Ltd. in 1989, Andrew became a Licensed Financial Planner, specializing in Swiss Franc Investments and alternative investments. At Miles Franklin Ltd., a company that has eclipsed $5 billion in sales, Andrew has developed an operation that maintains trust, collaboration, and ethical behavior, superior customer service and satisfaction to better serve their clients. He is responsible for overseeing the firm's operations and business functions; including strategy and planning, account management, finance, and new business.

Don't Fall For These Gold SCAMS | Andy Schectman added by Herman James on 11/08/2022View all posts by Herman James ?+'

Recent News

Silver inventories rebound in UK, output from major producers rises

December 15, 2025 / www.canadianminingreport.com

Silver's three-month outperformance continues

December 15, 2025 / www.canadianminingreport.com

Silver & Copper Supply Distortions Continue

December 08, 2025 / www.canadianminingreport.com

Gold stocks down in risk-on shift

December 08, 2025 / www.canadianminingreport.com

Gold stocks rocket on metal rebound and equities jump

December 01, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok