Kathy, I have a 4 ounce bar of 24K smelted gold from computer chips I will sell you at todays spot price $5,007.60.

Joe

 

  Leo Leo Leo,

 

  Pay close attention as I try and explain. This is a wholesale buyers club. Members and only members can purchase gold and silver at spot.

 

They don't buy metals thru anyone but the mint. Your analogy of buying out of the back of a trunk makes no since. But that seems to be

 

your whole thought process. No one is forcing anyone to do anything. Just putting it out there for those that might just be interested.

 

I know I'm very grateful someone took the time to let me know.

 

Really it isn't any of your business. If you didn't like the post then you should have just moved on.

 

 

But you and I know that's just not something you are capable of. You're one of those guys that just has to put his nose into everything.

 

Stir the pot.

 

 

 

  Leo Leo Leo,

 

  Pay close attention as I try and explain. This is a wholesale buyers club. Members and only members can purchase gold and silver at spot.

 

They don't buy metals thru anyone but the mint. Your analogy of buying out of the back of a trunk makes no since. But that seems to be

 

your whole thought process. No one is forcing anyone to do anything. Just putting it out there for those that might just be interested.

 

I know I'm very grateful someone took the time to let me know.

 

Really it isn't any of your business. If you didn't like the post then you should have just moved on.

 

 

But you and I know that's just not something you are capable of. You're one of those guys that just has to put his nose into everything.

 

Stir the pot.

 

 

If it talks like a duck...if it walks like a duck....it most likely is a duck. You need to find a better place to push your company. I noticed as well this concept company started in 2016 and although it claims to have over 120 employees....which seems to include counting "agents" which are just individuals out trying to get in on the bottom tier of this multilevel marketing scheme. You didnt address the question....does or will the company buy my gold which I didnt purchase through your program??

Yes, Leo I did answer it. THEY ONLY BUY FROM THE MINT. BUT THEY WILL BUY BACK THE GOLD THEY SOLD TO MEMBERS.

Ok Kathy I have defended you to a point .And after reading some of your post I have some questions .You get paid for everyone you can get singed up.So what is the cost to join this association or club .To me it sounds more like an association than a club.As a club members have rights , As an association they do not .So how much do us people have to pay to belong to it and what are the annul dues for it .Give us some figures .Thats all I am asking.You said it your self you have to be a member to belong .WHAT IS THE COST.

I can take some bronze rods and heat them with a torch letting them fall into water and you would swear it was gold nuggets. But that is not even the biggest problem these days. Currently there is a huge amount of gold coins and bullion coming out of China that is nothing more then gold plated tungsten, and the bars they just run tungsten rods through them to get the weight right. With silver you can do a specific gravity test to make sure it is real, but with the gold it's next to impossible without a very powerful x-ray machine.

The best way to get gold is to dig it out of the river yourself, and once you have about an ounce melt it down into a Dore button. Then carry that button around with you and you will notice it seems warm, unlike gold coins, raw gold buttons have something about them that makes them warm, they possess something that not even .9999kt gold possesses.

If you buy gold from anybody it needs to be raw or from a mint/refinery. Otherwise enjoy your Tungsten butt plugs.

Amen.....Bill got it right.....I bet if you took a poll....very few prospectors have any desire to buy gold coins and bars from a company promoting investment gold. Anyone agree?

Posted By LEO LORENZ on 24 May 2017 12:37 PM



Amen.....Bill got it right.....I bet if you took a poll....very few prospectors have any desire to buy gold coins and bars from a company promoting investment gold. Anyone agree?

AGREED!

 

I can not believe this has not been pulled down as spam. Since the report feature is not working, I guess I will call the webmaster.

Tim it is still posted in the proper place as well .Check it out.I did.
I still have not heard from her on my questions .Just have to wait and see if she comes back.

And the reason is....because her motive was revealed.....Look...she just signed up in March and she likely thought that this membership was a marketing expense to get access to people interested in gold. Did she post anything about her ventures prospecting? What type of detector does she run, or where does she prospect at? I know the answer to that......she is prospecting on the GPAA forum......thats where...!! She answered nothing concrete about the business except to go there and signup so she can collect her residual commissions. Its another multilevel marketing scheme.

  Leo like I've said before It's none of your business. This is a forum for members. I am a member. I've only been a member since March. Does that matter? I use the Gold Bug ll. Not that that is any of your business either. I spend six months in Arizona and six in Nevada. I love it because it gets me outside.

 

Tim, I wish I could take it down. But I haven't figured out how yet.

 

 

Joe , It is a buyers club. You pay an annual fee of $250.00 and that gets you the right to buy everything at wholesale. You don't have to sell anything.

 

I joined for the silver coins. They also have a coin of the month club. Which I really like because its a mint condition collectors coin. If you don't want to buy the silver or gold and just want to share the membership. You can do that too.

 

In my option Leo is an old lonely man that gets his kicks surfing the forum to see if he can get someone to talk to him. It is sad but it happens.

 

JOE STASIKONIS

 

   You are as ridicules as Leo.

So....lets play pretend here. I pay $250 for a 1 years membership (due annually) and I want to buy a 1oz gold coin. They are going to sell me a 1 oz gold coin that they 7K purchased via one of their "wholesale distributors" right? I can buy today 1oz American Gold Eagle coins at "spot" + $5.00.
So at that rate, to make the membership work favorably for me I need to buy 50  1oz coins throughout the year to break even with the deal I can get buying just 1 coin outside of the program. And what does the membership do if I want to sell it 2 years later? Does it buy back? At what premium over spot? See its easy to buy gold, there are many companies out there "selling" with little markup over spot. The real test is who will buy it back, and at what markup over spot? The cost for a private individual to sell is ALWAYS much higher sometimes $50 over spot and more. So, and I am only assuming now, this membership is only a vehicle for people to BUY and gives them no means to sell? Right? How does the member know exactly how much 7K bought the 1 oz for me......in order for me to realize that I truly received a "wholesale" price......Are you saying we can buy at the spot price? As you said "You show me anywhere else that you can buy silver coins, gold coins silver bullion and gold bullion at spot price." If so.....I still would need to buy 50 ounces first as I said above, And most people will NOT be buying 50 ounces a year, let alone from a company that was just formed in late 2016 with no real track record.  I am not trying to make this a personal issue, I just believe as I originally stated, this is the wrong forum to push your products and although I may not agree with the "business model" it might be ok for someone. However since you presented it, I have a right to rebut it as well......as I am quite familiar with the gold market.

 

 

Leo,

 

You are absolutely right. If someone is looking to buy one coin per year, it's not worth the membership. But in the case of someone

 

wanting to share the membership with others. It is possible to make five hundred or one thousand dollars a week. Five hundred when signing up four members and one thousand when signing up ten. No one ever makes more then that. So its not how many you sign up its how long to get to the maximum memberships. No one can make more then fifty two thousand per year.

 

 I signed up because I can get the coin of the month and buy gold or silver. I take the money I make and buy more metals. I don't have to sign up any memberships. All I do is share with people I talk to.

 

 

Kathy

This is not worth going any further with.Not for this old man .Not worth arguing about just let it go ,as the more you talk the more people will look at it .