Many gold brokers that have tons of celebrity endorsements and near perfect reviews online are secretly ripping off senior citizens with overpriced gold bars that they will NEVER see a return on even if the gold market goes up massively. In this video we cover the gold scam and take a look at companies like Augusta Precious Metals, American Hartford Gold, Birch Gold Group and many more. There have been a long history of gold companies with ties to many of these new companies that have gone bankrupt in the past for scamming.
You can watch the gold scam whistleblower interview here:
You can contact Dale Whitaker here: dalewhitakerea@gmail.com
Company websites mentioned
Augusta Precious Metals:
American Hartford Gold:
Birch Gold Group:
Congressman David Kustoff’s public account for contact:
Use this website to find your local congressman to contact about this scam:
This video is for entertainment purposed only. Please do your own research before making any financial decisions. The word scam is a subjective term. Dale Whitaker’s opinions in this video are his alone and should not be taken as fact, do your own research.
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HOW TO INVEST IN GOLD: Gold IRA Investing
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REVEALED: Best Investment During Inflation
Gold companies are scamming the elderly at an alarming rate, preying on their vulnerability and taking advantage of their lack of knowledge about the industry. Elderly individuals, who are often looking to invest their retirement savings in a safe and secure asset like gold, are falling victim to deceptive and fraudulent practices from these companies.
Many gold companies target the elderly through aggressive sales tactics, often using high-pressure sales techniques to convince them to invest in gold. These companies often make unrealistic promises about the potential profitability of gold investments, leading the elderly to believe that they are making a wise financial decision. In reality, these companies are simply looking to profit off of the elderly by charging inflated prices for gold and other precious metals.
In addition to overcharging for gold, some companies engage in outright fraud by selling fake or counterfeit gold coins and bars to unsuspecting elderly investors. These fake products are often marketed as valuable collector’s items, but in reality, they hold little to no value.
Furthermore, some gold companies mislead elderly investors by failing to disclose important information about the risks and costs associated with gold investing. They may also charge excessive fees for storage and maintenance of the gold, further eroding the value of the investment.
The impact of these scams on the elderly can be devastating. Many of them end up losing a significant portion of their retirement savings to these fraudulent practices, leaving them financially vulnerable and struggling to make ends meet.
To protect themselves from falling victim to these scams, elderly individuals should be cautious and do their due diligence before investing in gold. They should research the company and the products they are offering, and seek advice from reputable financial advisors who can provide them with unbiased information and guidance.
In addition, regulatory agencies and law enforcement authorities should crack down on these deceptive and predatory practices by gold companies. Stricter regulations and enforcement are necessary to hold these companies accountable for their actions and prevent further exploitation of the elderly.
Ultimately, the exploitation of the elderly by gold companies is a serious issue that requires attention and action. By raising awareness about these scams and taking steps to protect the elderly, we can work towards preventing these companies from preying on vulnerable individuals and safeguarding their financial well-being.
Correction – I called Rudy Giuliani a former Governor in the video. He was a former Mayor. Sorry about that. You can watch the whistleblower interviewer here: https://www.youtube.com/watch?v=ZiUo2Ja6xrg
This is a great video. How about a video on how Big Pharma supporting about 65 percent of MainStream media? You want honest information on COVID, Big Pharma funds all the media outlets. The Washington Post calls out these gold company but doesn't report on how evil BIG Pharma is…….
Oh they’re conservatives over 60? Wellll. Sucks to suck i guess. Just another reason not to be an idiot. Maybe don’t spend 100k before checking to see the oz’s you’re getting lmao.
What!? Ben Shapiro promoting scams!? No way!
…And this is why you buy BOUILLON
BRO WHAT wai he really says “Hopefully the pay was good enough to have your image tarnished by such a shifty brand” right after saying the names: “Endorsed by Bill O’Reily, Rudy Gulliani, and Rick Harris”. These are literally the olympic gold medalists of tarnishing your name for money, thats all they do
In 1917 when Russian Revolution happened, rich had to fly the country, with their most valued possessions, jewelry, dimonds, gold. They went thru Turkey, and there to survive they had to exchange their precious possessions , worth thousands or even millions for a bag of flower or just a meal in some cheap tavern. It will happen to gold coins too, should the country breaks down. Better to have food supplies and ammo.
Conservatives and scams go together like PB&J
@6:49 this is the Epstein Effect in play. Bet that's not HIS kid.
you cant scam an honest person
Gold is a terrible investment anyway. Even if you could buy it at melting price if you take the price of gold with all its ups and downs over the past 30 years it basically follows inflation. If you actually want to protect your next egg you need to beat inflation plus what you withdraw yearly.
Why do they always target conservatives?
My grandpa is generally very intelligent and he almost got taken in by th.
People doing news and podcasts should be fined for running ads by these companies. They need to put people they advertise for under more scrutiny.
Their excuse is that "it is a heritage coin", because of its age or rarity, and point to auctions were old coins sell well above their metal value. Then spin that, their coins are of similar value, without any proof of any value. It is better to buy new coins from the mint, or buy ingots from the mint.
Be the u.s gov: “what’s that you got scammed out of your entire retirement and will starve to death within the next few months? Oh and you want me the guy paid to do something about this to actually do anything about this?? Uhhhhhh ummmmmmmm aaaaaabaaaa A Fine yes that’s it I’ll fine them..the super rich multimillionaire scammers…will get a couple mill fine. That should stop these scammers!”
TLDR: If the punishment for a crime is a fine it’s only illegal for the poor.
>Mark Levin
The jokes write themselves.
Statists get scammed every way imaginable.
key problem here is that they are basically regulation proof, at least from the perspective of Washington. GOP wont investigate them, as they benifit from it and if the democrats try to do anything these companys will wear it like a badge of honor. "Dems are censoring free speach by investigating the sponsors of all the people you watch on TV, they dont want you to know about(insert bs goldbug rant here)"
I could never understand why they want us to buy high and sell low? Wouldn't that make them money, yet we lose? Should have bought before the Zombie ByeDone inflation. Too late now? How do we know that we can even sell or that the corrupt government won't confiscate? And you can't eat gold. So maybe a good buy for rich people who want to diversify. Poor people should perhaps buy long-shelf-life food, for protection against inflation. No need to sell back to the fickle market. You can reduce your stock merely by eating it and reducing replenishment. Buying before the inflated food prices. Buy stuff that you will actually eat. Well unless you think that food prices are going down soon?
They say that we are only 9 meals away from disaster. If that? How in the world do people not have at least a few weeks of food, in their apartments? Never could there be a freak blizzard, what with all the government weather modification? (a far better theory than fake-science "climate change", if we must blame somebody) Store away some water also, perhaps in used 2-liter soda bottles, or I have seen vinegar jugs used. You can not digest food without also suitable water. And tap water is currently practically free, and the containers you were about to throw away anyway. Store up clean or used plastic bags, and maybe a 5-gallon bucket, for the possibility of days when there is no water to flush the toilet. A filled bathtub only flushes the toilet but a few times, so that has long been recommended before a major storm in which there might be power outages, no well water, or disruptions in the water supply.
Stock up if you can legally, on needed medications.
At least your precious metals are worth something, the dollar might soon be worthless? But great point, huge markups insure losses, and not so much protection.
Anything wrong with my analysis?
Some people may promote gardening, however a lot of people are too busy working and do not know how to preserve garden food for later.
Could you not just look at the market value before buying the gold. If the broker is selling it at such a high markup.i just dont understand why you would buy precious metal without understanding market value
** SO DISHONEST **
This guy cut off that girl from YA at 4:58 she says to talk to a financial professional before investing.
Giuliani wasn’t a governor.
Gold is a lot safer than crypto. I noticed you’re only going after conservative talking heads.
You’re acting like there’s no risk in investments. Ever hear Shapiro pitch these companies? He says to talk to a financial professional.
Tell me you’re bias without telling me you’re bias.
of course the guy named wiener had a sex scandal
Ive always seen these ads on the channels and tv i watch but i genuinely didn't know that they were scaming people