Letter to the Editor: Buyer beware of silver offer

Posted 3/13/19

I'm writing to call people's attention to a silver investment offer targeting local zip codes that worries me.

The offer in question occupies a full page in the other newspaper in our area and …

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Letter to the Editor: Buyer beware of silver offer

Posted

I'm writing to call people's attention to a silver investment offer targeting local zip codes that worries me.

The offer in question occupies a full page in the other newspaper in our area and is labeled as an advertisement.

Anyone interested is told to answer within two days. This offer is made by a company whose name implies that it is an official/government Mint that produces and stamps information as to weight and quality on them. It then goes on to claim the special price ("$29 per heavy half ounce bar") is much lower than the normal price, with implication that this offer is a wonderful bargain. The problem is that it is no such thing!

I checked in to the spot price for standard silver bars on the internet and found that it was $15 per ounce...much less than the "Special Offer" which sounded too good to be true and was.  Let the buyer beware.

Stan Goddard
Port Townsend