cyberdan
Silver Member
- Dec 12, 2006
- 4,596
- 2,221
- Detector(s) used
- XLT & Bigfoot
- Primary Interest:
- All Treasure Hunting
I posted this on another forum and just ran across the post. Thought you might enjoy.
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Last saturday one of my last yardsale stops was a trailer park community wide yardsale. All vendors were setup in one place. One of the vendors was a CASH FOR GOLD type buyer, she also lived in the park. I played it dumb and started talking to her. It only took a minute to tell she was VERY new to the game. But, she had a big professionally made banner and several bottles of testing acids and a powerful loupe.
I didn't have the heart to tell her she was being scammed but I hinted. She is a new member of The Gold Refinery and she paid her $300 to get there. They gave her a sign, business cards, the loupe, the acids and some training. She hosts gold parties too. She told me if someone brings in too much gold and she does not have enough cash "thegoldrefinery" send a runner with the needed money. She also said they keep pushing her to "recruit" new buyers because she will make money on what they buy. RED FLAG TIME!!! I asked if this was multi-level-marketing and she said yes. So I had to be nosey and ask how much they paid her. She was proud that she gets 10% of all buys.
I told her about 14K never being 14K and she had never heard that before, also electronic testers which they didn't tell about either. (I wonder if the acids are properly marked to read low?)
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Last saturday one of my last yardsale stops was a trailer park community wide yardsale. All vendors were setup in one place. One of the vendors was a CASH FOR GOLD type buyer, she also lived in the park. I played it dumb and started talking to her. It only took a minute to tell she was VERY new to the game. But, she had a big professionally made banner and several bottles of testing acids and a powerful loupe.
I didn't have the heart to tell her she was being scammed but I hinted. She is a new member of The Gold Refinery and she paid her $300 to get there. They gave her a sign, business cards, the loupe, the acids and some training. She hosts gold parties too. She told me if someone brings in too much gold and she does not have enough cash "thegoldrefinery" send a runner with the needed money. She also said they keep pushing her to "recruit" new buyers because she will make money on what they buy. RED FLAG TIME!!! I asked if this was multi-level-marketing and she said yes. So I had to be nosey and ask how much they paid her. She was proud that she gets 10% of all buys.
I told her about 14K never being 14K and she had never heard that before, also electronic testers which they didn't tell about either. (I wonder if the acids are properly marked to read low?)