Certified Gold Exchange Issues Investor Advisory After Slew of Commodity Brokers Run Afoul of CFTC

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The Texas precious metals dealer known as “America’s Trusted Source for Gold” says commodity fraud could increase as hard assets become more attractive investments due to the U.S. dollar’s decline.

CertifiedGoldExchange.com - America's Trusted Source for Gold

CertifiedGoldExchange.com America's Trusted Source for Gold

The Certified Gold Exchange and the CFTC can’t catch everyone, so we want to educate investors because if you are informed then you are less likely to become a victim of fraud.

The official Certified Gold Exchange is warning U.S. investors to be on the lookout for commodity-based scams similar to the ones that have drained many Americans of their savings during the last decade, this after the Commodity Futures Trading Commission released a slew of press releases that detailed the high volume of commodity fraud that is allegedly being perpetrated within the United States. Certified Gold Exchange spokesperson Janet Jones said the problem is not just confined to gold, but the fact that the yellow metal is often mentioned in the news has led many scammers to attempt to take advantage of gold investors.

“The CFTC does a great job regulating all commodity markets. That includes Forex, things like oil, corn and wheat, as well as silver and gold,” Jones said. “Gold, however, is so valuable and such a polarizing investment that some fraudsters have decided to target gold investors.”

The CFTC’s website contains a plethora of press releases dealing with companies who were allegedly caught handing illegal, off-exchange gold transactions and counterfeit precious metals. “The Certified Gold Exchange and the CFTC can’t catch everyone, so we want to educate investors because if you are informed then you are less likely to become a victim of fraud,” Jones commented.

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 https://www.certifiedgoldexchange.com or call 1-800-300-0715 today.

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Ken Hansen

Ken Hansen
@CGEINC
since: 06/2011
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