Showing posts with label Gold Scams Rise On High Prices And Investor Anxiety. Show all posts
Showing posts with label Gold Scams Rise On High Prices And Investor Anxiety. Show all posts

Thursday, May 19, 2011

Gold Scams Rise On High Prices And Investor Anxiety

NEW YORK -- Last year, Brian Gurl spent some time reading about the state of the U.S. economy.

He kept hearing about the gargantuan size of the federal debt and the threat of inflation on TV. Gurl is approaching retirement age, so he and his wife needed safe investments. The couple decided on gold.

"We approached several companies. But it was American Precious Metals who were the most aggressive," said Gurl, who invested about $100,000 with the company last Fall. "They just sounded very expert."