Beware of buying gold/silver from Lear Capitol

Re: Beware of buying gold/silver from Lear Capitol

PostBy: samhill On: Tue Apr 05, 2011 9:41 pm

I still can`t understand why anyone would want to buy when gold is at a record high? It was always my rule of thumb to buy low & sell high but then again what do I know.
samhill
 
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Re: Beware of buying gold/silver from Lear Capitol

PostBy: smokeyCityTeacher On: Wed Apr 06, 2011 12:40 am

samhill wrote:I still can`t understand why anyone would want to buy when gold is at a record high? It was always my rule of thumb to buy low & sell high but then again what do I know.


I found a better place to buy. Better price and they have been delivering regularly. Slow with a few weeks lag - but regularly.
I have no interest or benefit to be gained from disputing the Lear guy. I told my experience and he refuted it.

Incidentally - NWTM is just as slow as Lear. So if its any consolation to the Lear guy - they are no worse than the others - they all play the same game of hold your money for weeks until they can make a big enough purchase to get the deal on the silver. Even the companies that charge you for allocated storage - have been exposed for not having the silver in stock - a double fraud.

If you think Gold or silver is anywhere even near its top - you will be shocked - especially by silver.
As long as the Fed keeps printing money - the price of silver and gold will expose the weakening purchase power of the dollar.

You can lie to the people but you cant lie to gold and silver.
smokeyCityTeacher
 
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Re: Beware of buying gold/silver from Lear Capitol

PostBy: snuffy On: Wed Apr 06, 2011 1:42 am

I prefer to buy proof sets directly from the US Mint. Franklin Mint also has some good bulk deals. Ever since the Healthcare Law and its $600.00 requirement for reporting to the IRS (I know it was recently recinded) I'm sticking with silver. Seems more tradable with less hassle. That's my 2 cents.
snuffy
 
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Re: Beware of buying gold/silver from Lear Capitol

PostBy: i003046 On: Wed Dec 28, 2011 4:17 pm

I think anyone would try to defend their standings regarding complaints. Sometimes the customer isn't always right. However I do respect the rational for trying to resolve by providing a direct number to reach the V.P of the company. I felt it was only fair. I don't believe in purchasing GOLD at the rate it's at now anyway and stand by Samhill's comments. However, Silver I was more interested in. But believe it too is at it's peak. SmokeyCityTeacher, please share with us the company you are currently happy with now.

Thanks,

I003046
i003046
 

Re: Beware of buying gold/silver from Lear Capitol

PostBy: coalnewbie On: Wed Dec 28, 2011 4:43 pm

Good response. Give the man a call. I'm afraid gold is near peak now.


My learned friend stick to coal. Gold has barely begun and will continue to rise until we learn to live within our rmeans.

http://www.nytimes.com/2011/12/28/us/po ... .html?_r=1

http://research.stlouisfed.org/fred2/series/BASE

If this mean gold is static then it means we are smarter than King Midas as we have learned to secret of infinite wealth, just print it! Sadly life does not work like that. QEs will continue regularly for the mid term future even if Paul is elected. So M3 will continue to skyrocket. So oil up and gold up. If you think that these Iran preambles are anything but a prelude to war then you are dreaming, then overnight gold $2500 and oil $200. If they really close the straits and China comes in as promised....... What you see now is CDO deleveraging.

There is no escaping a $20T debt at least.
coalnewbie
 
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Re: Beware of buying gold/silver from Lear Capitol

PostBy: beemerboy On: Wed Dec 28, 2011 9:09 pm

Lear Capitol is not the only company to watch for

Glen Beck's Goldline is in trouble too: http://www.coinweek.com/bullion-report/ ... complaint/
beemerboy
 
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Re: Beware of buying gold/silver from Lear Capitol

PostBy: SMITTY On: Wed Dec 28, 2011 9:26 pm

Funny how the complaint is based in CA .... and ABC is reporting .... :gee: I take that report with a grain of salt.
SMITTY
 
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Re: Beware of buying gold/silver from Lear Capitol

PostBy: AZBullion On: Mon Apr 23, 2012 4:55 pm

Alright I couldn't help but reply after seeing all of the ridiculously ignorant postings on here. I work for a separate company that deals in gold, silver and platinum bullion. When I have a customer that wants to send us a check for payment we take much much longer than 10-12 days to ship. Lears turn around time on check payments is actually above the industry standard. I think you should also take a look at the way you are trying to pay, this is the 21st century nobody uses checks anymore and smart retailers/dealers don't even bother with them, much to easy to commit check fraud. As a rule, if you have no knowledge of how the industry works, don't try doing business in it because you'll just end up looking like idiots like everyone on here posting about how a 10-12 day delay is borderline criminal. Ha! Please get an education.
AZBullion
 

Re: Beware of buying gold/silver from Lear Capitol

PostBy: Poconoeagle On: Mon Apr 23, 2012 5:25 pm

ex= hasbeen
spurt= slow drip






so...your a exspert ;)
Poconoeagle
 
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Re: Beware of buying gold/silver from Lear Capitol

PostBy: Ctyankee On: Mon Apr 23, 2012 7:14 pm

I am just going to invest my money in COAL. Before the government can burn through all my money, I am going to burn through it myself! :annoyed:
Ctyankee
 
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Re: Beware of buying gold/silver from Lear Capitol

PostBy: EarthWindandFire On: Mon Apr 23, 2012 8:58 pm

I have an unused cement block building on my property. If I were to cut a hole in the roof and fill it with coal, it would hold 48 tons. That's where the money I used to spend on gold coins from the US Mint now goes!

http://www.usmint.gov/
EarthWindandFire
 
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Re: Beware of buying gold/silver from Lear Capitol

PostBy: BarbL On: Wed May 16, 2012 1:41 pm

My Lear Capital Representative, Tony Kappos, was very kind and explained everything very well. This was my first experience to purchase precious metals. I was very impressed how he explained everything well and didn't make me feel stupid. I also did not have much money to invest, but that didn't seem to matter to Tony. He is an asset to Lear Capital.
BarbL
 

Re: Beware of buying gold/silver from Lear Capitol

PostBy: Pirron68 On: Fri Jul 27, 2012 12:26 am

ok
Last edited by Pirron68 on Fri Jul 27, 2012 6:29 pm, edited 1 time in total.
Pirron68
 

Re: Beware of buying gold/silver from Lear Capitol

PostBy: rberq On: Fri Jul 27, 2012 9:59 am

Interesting how many one-time posters there are in this thread. In other words, people who registered with the forum simply to defend the gold sellers. I know there are companies that specialize in "sanitizing" the unsavory internet reputations of other businesses. I wonder if that's where the one-timers are coming from?
rberq
 
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Re: Beware of buying gold/silver from Lear Capitol

PostBy: enbeuu On: Thu Aug 16, 2012 5:16 pm

samhill wrote:I tried to warn you smokey, the best deal isn`t always the cheapest but don`t give up hope you may get your coins yet. Did you ever check with the B.B.B. for the # of complaints? That what I mean by wanting to see & touch what I buy & its always nice to be able to reach out & touch the seller if you know what I mean. While they are waiting for enough orders they are making money on yours & everyone elses they are holding.

Agreed; I bought silver, today: SLW, using silverWheaton and it's credited to my account as of today. and will clear the account in 3 days...SEC period.
enbeuu