Question by : Was Glenn Beck in on the Goldline scam?
Goldline sells Austrian 1000 Schilling Gold Coins for $ 825.
The 1000 schilling has .396 ounce of gold. With gold at $ 1230 per ounce, the value of the gold in the Austrian Schilling is only $ 487.00. That means when the investor buys one of these coins, and then immediately tries to resell it for its gold bullion content, he/she has already lost 41% of their money ($ 338.00).
Goldline Sells French 20 Franc Roosters for $ 401.01 (Ibid)
The 20 Franc has .1867 ounce of gold. Its gold bullion value is only $ 229.64 per coin with gold at $ 1230 per ounce. That means a 43% loss if the investor tries to resell the coin for its gold bullion value today
http://goldlinecoins.stores.yahoo.net/bgoau10sc.html
Sorry Austrian Schilling new price: $ 1,172.62
Franc new price: $ 554.90
You do realize that with pointing out the price going up, you just proved my point more valid?
The point is people bought these coins thinking they were a full ounce of gold, but weren't even half gold
Best answer:
Answer by Average College Idiot
Gold's at $ 1755 an OZ sparky.
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