13 Mar 2014 Last updated at 02:12:26 GMT
TEXAS (Scrap Monster) : In the wake of the sudden closure of a Newport Beach area-based gold bullion and coin dealer, the Tulving Company, North America’s top precious metal dealer, the Certified Gold Exchange issues investor alerts to keep safe from such conditions. According to Janet Jones, the official spokesperson of the Certified Gold Exchange, investors have to learn something from such closures.
Commenting on the physical gold industry, Jones says that the industry remains un-regulated as physical gold dealers are not regulated by the US Securities and Exchange Commissions (SEC) and therefore the reliability of dealers are under threat. By the time the investigation begins, multiple investors would have lost everything. According to the spokesperson, investors while dealing with the gold market is required to make sure that the dealer offers them with a service that integrates features like reliability and promptness in timely delivery of orders. Carrying out some research is always good to identify the potential gold dealer, says Jones.
Established in the industry since 1992, Certified Gold Exchange claims to have retained an A+ with zero complaint rating for the benefit of US gold investors, licensed dealers, institutions and domestic investors.