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Posts Tagged Gold Buyers

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.

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 Dore supply to Ghana Gold Refineries

Question

Do I understand correctly if I say that you supply gold dore to refineries out of Ghana?

Answer

There are many small scale mining companies that sell their production to the buying companies in the cities we work in on a daily or weekly basis. They are not “refineries”, they are actually gold buyers with legal offices set up in every city in Ghana where gold is found.

If you are going to ask if we can supply gold to you, the answer is we don’t supply gold to third parties – and the reasons are many. When the need arises to trade gold production for cash, it is to pay for expenses such as fuel or labor. This need is immediate and the local buyers have cash available and their offices and they are open every day. The going price the local buyers pay is 2-5% below the world market price every day all day.

Not only that, but the only place to ship gold out of Ghana is Accra, which is a minimum of 6 hour drive from the main gold bearing locations where we work. It simply is not worth the effort.

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.

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