Below is a summary of my 15-page special report, “Classic Gold Scams and How to Avoid Getting Ripped Off.” If you’d like to learn more and receive a free download of the full report, go to www.goldscams.com.

I’ve always advocated that investors hold at least 5-10% of their portfolios in physical precious metals. With major Western nations now defaulting on their debts, more and more investors have decided it’s time to take my advice and own an asset that doesn’t depend on the solvency of an ETF, bank, or government.

Unfortunately, with all these news buyers in the gold market, there is ample opportunity for dishonest firms with big advertising budgets and celebrity endorsements to make a quick buck.

If you are thinking of buying gold or silver for investment, diversification, or asset protection reasons, this quick guide will help you avoid common scams and pitfalls.

The Numismatic Bait and Switch