Goldline, LLC

Goldline capitalizes on the inexperienced investor I did not understand the cost of my investments until I transferred money to gold in an IRA through Goldline Their closing review of my transaction did say that gold would have to appreciate 38% in order for me to break evenI didn't understand that they would be taking over 38% cash off the top of my investment When I finally figured it out the bottom line, I called my Goldline personal representative and he appologized that I didn't understand but that they charge that much because they promise to buy back the gold at a good price Bottom line, they took 30% of my $75,investment ($28,500)off the top I have lost this at my dismay! I believe they are not practicing clear - honest representation of transactionsand that this is and exorbitant amountThey use gold trade "language" that the average, new gold investor would not understandMy fault would be that I was gullible, trusted and believed the representative, as a professional, without more research I asked the representative about past allegations of Goldline being investigated & guilty of mal practiceHe said they were maligned by a corrupt affiliation and since that incident, Goldline was under more scrutiny than ever which had raised their accreditation and reputation Revdex.com says they're in the A category

Goldline capitalizes on the inexperienced investor. I did not understand the cost of my investments until I transferred money to gold in an IRA through Goldline. Their closing review of my transaction did say that gold would have to appreciate 38% in order for me to break even. I didn't understand that they would be taking over 38% cash off the top of my investment. When I finally figured it out the bottom line, I called my Goldline personal representative and he appologized that I didn't understand but that they charge that much because they promise to buy back the gold at a good price. Bottom line, they took 30% of my $75,000 investment ($28,500)off the top. I have lost this at my dismay! I believe they are not practicing clear - honest representation of transactions. and that this is and exorbitant amount. They use gold trade "language" that the average, new gold investor would not understand. My fault would be that I was gullible, trusted and believed the representative, as a professional, without more research. I asked the representative about past allegations of Goldline being investigated & guilty of mal practice. He said they were maligned by a corrupt affiliation and since that incident, Goldline was under more scrutiny than ever which had raised their accreditation and reputation. Revdex.com says they're in the A category.