My heart goes out to those who are going to have to fight to be made whole but the Internet has made it incredibly easy to vet potential gold dealers.
Fort Worth, TX (PRWEB) March 11, 2014
The Certified Gold Exchange has issued an Investor Alert days after an Orange County-based gold dealer posted a sign simply stating that the business had closed. Certified Gold Exchange spokeswoman Janet Jones wants consumers and gold dealers to learn something from the recent closure of Newport Beach-area gold bullion and coin dealer The Tulving Company.
“Due diligence can be your best friend in the gold market,” said Jones. “If you were to do some research on a potential gold dealer and you found out that the company had racked up 150 complaints in less than six months, would you send them money? If the company was under investigation for failing to deliver products on time, would you send them money? Of course not. My heart goes out to those who are going to have to fight to be made whole but the Internet has made it incredibly easy to vet potential gold dealers.”
Jones believes the physical gold industry is under-regulated. “Physical gold dealers aren’t regulated by the SEC and much of what goes on in the market remains undetected until multiple investors lose everything, and then Congress gets involved,” Jones commented.
“Not every dealer has been in business since 1992 and maintained an A+, Zero Complaint rating like the Certified Gold Exchange, but for the benefit of American consumers there should be some sort of regulation so that every other dealer is forced to raise themselves to our standards.”
Certified Gold Exchange, Inc. is one of North America’s premier precious metals trading platforms, providing unparalleled service to licensed dealers, institutions, and household investors since 1992. Certified Gold Exchange maintains an A+, Zero Complaint Better Business Bureau rating. For more information or a free “Gold Investor’s Guide,” visit http://www.certifiedgoldexchange.com or call 1-800-300-0715 today.