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Posts Tagged Buy Gold

Just lost 50k trying to buy gold from Ghana

Question

I was just recently swindled out of $50k, trying to buy 50kg of gold dust from a guy named Kwame of Golden Age Mining Centre.

They pulled the switch-a-roo on my transporter in a London warehouse. I’m ashamed to even mention it. My transporter was partially responsible as he didn’t follow my explicit instructions. But I have a buyer for a long term contract. His funds are sitting in an account as he moved them when I was in the process of the delivery. Now we are waiting.

Let me know what we can do together. Thanks

Answer

Sorry to hear about your trouble, but the result you experienced is all too common. I have met no less than a dozen groups / individuals that all have the same story totaling millions of dollars in lost funds.

There is absolutely no discounted gold coming out of Ghana, not at a discount that makes it profitable to simply buy and sell gold. Gold buyers are everywhere, and unfortunately there is not going to be a way to keep the buyer you have in place. The best thing you can do is to give his money back and tell him that it didn’t work out for whatever reason.

Good Luck.

Seller in Ghana that will bring gold to AA Minerals

Question

I went 13 times in Ghana to buy gold. I paid my registration to ASAP VASA and AA MINERALS. I met hundred of false sellers and even the real sellers make the scam in parallel. With my partner we lost 350,000 euro. I also met German people which has his mine at 250 km of Accra with many heavy machines but does not find a lot of gold, Ghana it is very hard for the business.

If you know a real gold seller in bush which agrees to go to AA MINERALS to smelt the totality of gold, thank you for informing me about it, you will have your commission. Thank you in advance.

Answer

There is no way to make money from simply buying and selling gold in Ghana.

If a seller is willing to bring gold to Accra from the bush, they would more than likely sell to AA Minerals before they would sell to you anyway as they have the reputation and facilities.

Also, AA Minerals pays 3% below world market price… They will sell to you at 2%, but unless you need gold for manufacturing, there is no way to make money buying and selling gold at those prices.

Available gold supply to the Nigerian market

Question

I will like to have a very long time business relationship with you in respect of your Gold products. Am in Nigeria and I wish to be your representative here in Nigeria. I have customers over here and you will make good sells .

Answer

Thank you for your inquiry, however we do not sell gold outside of Ghana, and we do not use brokers / need brokers to help us sell gold. Gold buyers are certainly everywhere, including Nigeria, however serious gold buyers understand that they need to be as close as possible to the location that the gold comes out of the ground to have the best chance to buy gold.

With this idea in mind, many gold buyers have come to Ghana to set up gold buying offices. There are gold buying offices in every city in Ghana near where gold is found. The market is saturated, and I wouldn’t even suggest that you go to Ghana and try to buy, but you should certainly go and see the density of gold buyers first hand – then you will understand.

Gold supply for serious gold buyers in Dubai

Question

I’m the CEO of the Company in Dubai UAE. We have really serious buyers for gold in Dubai. Can you offer?

Answer

We do not supply gold to buyers that do not have offices in Ghana. Gold buyers are everywhere, especially with gold at record prices… no one can simply buy and sell gold and expect to make a living these days – there simply isn’t enough extra supply.

The ultimate Gold Dust and Gold Dore buying procedure for Brokers

Question

What is the “Correct CIF GOLD procedure / transaction” according to you ?

Answer

You will simply not find anyone to CIF you gold. Period. You cannot use POF instruments to buy gold. If you actually go to where gold comes out of the ground you will understand that is is SOLD before it is even mined. Those that have the funds to purchase the equipment to get the gold out of the ground control the gold. Do you think gold is just lying around in bricks and bars? It takes millions of dollars in equipment to get millions of dollars in gold out of the ground. There is no “extra supply” Gold buyers with cash in hand scour the globe looking for gold… yet brokers that think they are smarter than the game sit and troll the internet looking for stupid sellers that will CIF gold based on POFs and bank instruments… and all that does if fuel the scammers to keep putting out fake offers.

Here is a wake up call – every single offer for gold dust and gold dore “for sale” anywhere on the internet is 100% a scam!

You want to waste a year or two fielding fake offers while becoming an expert at what you think are real procedures -then you are on the right path. here you go – take a look here >> http://www.ecplaza.net/mt799–everything.html

You might as well be asking for FCOs from sellers of Unicorns and Big Foots. It’s ALL fake!!

Gold bar, dust, the quality, quantity, procedure, and price

Question

Please send me the information about gold bar, dust, the quality, quantity,  procedure, price (CIF/FOB) and commission.

Answer

We do not sell gold to third parties. No one that works in the gold trade in Ghana who actually has gold, needs any help selling it – therefore there are no broker commissions ever paid. In Ghana there are gold buying offices in every large city such as Accra and Kumasi as well as every other smaller city such as Bibiani, Obuasi, Dunkwa, Tarkwa, Bogoso and every city in between.

It is ILLEGAL to sell gold dust in Ghana, so don’t ever be fooled into attempting to buy gold dust. 100% of all gold dust “sellers” are fake. They use many methods to part you from your money and leave you empty handed.

No one will ever offer you gold CIF. Anyone offering gold CIF should also be considered a scammer. Anyone that has gold can trade some for cash and ship it anywhere in the world. Gold miners demand top dollar, as anyone that has the money and ability to mine gold would…. If it was you would you sell your gold at a discount? No you wouldn’t.

We found all this out by actually traveling to Ghana in an attempt to buy gold a few years ago. I wish you the best of luck… but if you are trying to find gold “sellers” to work with as a broker and make a commission, you will only find scammers.

How do I get started in the Gold trading business?

Question

Can you advice me -I have 2 or 3 buyers of gold but they want to do business in very safe mod like bank to bank. My basic business is used generator trading I don’t know how to start this new type of trading??

Answer

Gold buyers are seemingly everywhere especially with gold at record prices.

Buyers are typically looking to make a profit from simply buying gold for less than it is worth and selling it at a higher price. I am sad to report that they better be willing to get into mining like we discovered – if they expect to obtain gold at a discount. They can sponsor a miner and buy future production, or get into the actual mining. OR, take 3-6 months and travel to remote locations in Africa, or other gold bearing countries, build relationships with miners, figure out all logistics, and THEN they might have developed a way to BUY gold at a discount. But even then they will not be able to by more than a few hundred grams at a time. Despite what you might see, gold is not easily found at a discount anywhere.

We Want to buy Gold – What do you have available?

Question

WE WANT TO BUY GOLD BAR 24 carates or pure 999.99 IN GOOD QUANTITY in india I am broker so please send your product details, and bank to bank deal details.

Answer

Sorry but we don’t sell gold, but if we did we wouldn’t need to use a broker. For most operations gold is traded for cash to pay for ongoing expenses, at a small discount much like when you exchange money from one currency to another – there is always a small “service fee” for the exchange. Gold is easily traded for cash at no more than a 3% discount below it’s daily value all over the world.

Is it legal to just fly in to Ghana and buy kilos of gold?

Question

We are miner’s agent and work directly with Ghana local miners to buy gold from them and
export to clients at a very good discount rate, without any intermediary involved.
We have the capacity to produce and gather 20-50kg of alluvial gold dust/gold bars every
month. We are now looking for only serious direct buyer who can travel to West Africa Ghana
to inspect and test products on FOB trade basis, are you a buyer or do you know any buyers to refer to us?

Answer


Here are some facts:

It takes a monumental effort to by gold where it is found – many hours down bad roads away from Accra.

Most miners sell their gold in either Tarkwa, Kumasi, Bibiani, or somewhere in between because Accra is HOURS away from where the mining occurs.

Even in remote areas there are gold buying offices paying no less than 5% below the world price.

There is no way you are buying gold at a discount big enough to take the time and go through the logistical hoops required to buy gold “in the bush” and then take it all the way to Accra to sell to foreign buyers – because there is simply too much competition and the price is too high for that to be profitable.

The only conclusion is that you are drawing in buyers that don’t understand all of what was just said in order to scam them in some way…

We are in no way “competitors” because we, just like everyone else that really has gold in Ghana, sell it to the closest legal buyer paying top dollar…. AND you failed to mention that it is ILLEGAL for foreigners to just fly in and by gold. You have to be licensed to do so!

See “buyers” with real money that don’t know the rules can come to Ghana and lose their money to scammers like you because you know that it is illegal for them to buy and have the gold on them. It is real easy to take both the gold and the money – all you have to do is pay off a few “professionals” and your scam is complete.

Is this Gold Offer legitimate?

Question

Please see email below and attachments – in your opinion do you think this is looks like legitimate paperwork?

Answer

I am not familiar with this countries official documents however no one can buy gold based upon such documents. Someone has to go in person and inspect the goods, perform the testing, and arrange the shipping. NEVER let the seller arrange testing locations or spec shipping companies.

Take the gold out on your person in a brief case or carry on bag. Never let it leave your site once it has been assayed.

Good luck always!

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