Wednesday, December 14, 2011

ITM Trading Helping You Avoid Gold Rip Offs

Everyday ITM Trading is helping many people avoid gold coin rip offs. The price of gold has risen tremendously and with that comes the scams. There are ways to avoid them and protect you and your family.

Always do your homework on a company. Make sure it’s been around for at least 10 years if not more. There are many gold operations popping up just about everywhere.

Using the Internet and the BBB is a great way to start researching different businesses of interest. Read reviews from other customers. Remember some complaints are normal due to no company is perfect nor can they satisfy everybody.
Stay away from businesses that pressure you to send them money. These places are more than likely a scam and you will get nothing in return. Ask about upfront charges. Some businesses will hide their high fee charges. A reputable business will be honest and upfront.

Guarantees are another scam. A business that guarantees profits should be avoided or thoroughly researched. No one can predict what the gold market will do. Just because past performance has excelled, it still does not guarantee a profit for you.

Depending on a persons needs and goals is the determining factor of which gold product is best. There are different products to choose from but a person’s goals are the deciding factor.

If looking to sell your gold jewelry at a “cash for gold” store make sure you research the business and it’s history with other customers. The average payout is 50-65% of the spot price but some could try to pay you less.
Any questions or concerns can be answered by calling ITM Trading. We have been around for over 16 years and our knowledgeable staff is here to serve you.

Information About Gold Scams From ITM Trading

With so many gold scams out there in the market today you need help to protect yourself. ITM Trading is here to help you do that.

You want to do business with a company who’s been around for a few years. There are many new pop up companies arriving in cities nation wide. Doing research on a company can only benefit you.

Using the Internet and BBB for reviews, testimonies and complaints. There will be some complaints though cause not everyone can be happy and satisfied.

If a business tries to pressure you into sending them money you should avoid them. Many of these companies have hidden fees and charges and can hurt you in the long run. An honest company will be upfront on fees and charges.
Avoid off shore companies all together. Many scams have occurred with many of these overseas operations. It’s just wise to avoid these altogether.

No company can guarantee a profit. If they do it’s usually a scam. Nobody can determine what the market will bring. Take your time in choosing a company and again do your homework.

Every person has a different need. Therefore their goals will be different. Choosing what gold product works best for you all comes back to your needs and goals. You want what’s best for you in the long run.

Another company to be cautious with is “cash for gold” companies. Many people want to sell their old gold jewelry and want to get the highest payout. The average is 50-65% of the spot price but some may go as low as 40%. Again, do your research for the best possible payout.

Call ITM Trading to have all your questions answered. We have been around for more than 16 years and have an excellent rating with the BBB.