Goldline Committed To Exemplary Customer Relations


Scott Carter, Goldline EVP,
Discusses Goldline

May 18, 2010

Santa Monica, CA - Goldline International, Inc. recently learned that Congressman Anthony Weiner (D-NY) has called for legislation regulating the precious metals and rare coin industry as the result of his covert "investigation" of Goldline International, Inc., one of the largest retail sellers of precious metals and rare coins.

Goldline regrets that Congressman Weiner chose not to contact us prior to holding his press conference. Had Congressman Weiner met with Goldline, he would have learned a number of important facts including the following:

    Goldline offers among the most comprehensive written disclosures in the precious metals industry. These disclosures include complete information regarding Goldline's sales staff, the risks of investing in precious metals, and Goldline's pricing policies.

    Every Goldline customer must review and sign a detailed Account and Storage Agreement which sets forth all of the terms and conditions of the purchase or sale of precious metals. No sale is finalized until the customer has reviewed Goldline's risk disclosure materials and reviewed and signed this Agreement.

    Goldline enjoys an A+ rating from the Better Business Bureau.

    Contrary to other assertions, Goldline's roundtrip spread, which is the difference between its selling price and the price it buys back a product, ranges from 5% to 20% for bullion products and 30%-35% for all other products. These fees are consistent with fees charged on other investment alternatives.

    Goldline complies with all applicable state and federal laws and has one of the most comprehensive compliance programs in the industry.

Goldline has been assisting investors and collectors acquire gold and other precious metals since 1960. Many prominent analysts and experts believe that precious metals are appropriate in a diversified portfolio.

Goldline remains committed to providing the best service to its customers with transparent and honest communication throughout every step of the process. Goldline invites Congressman Weiner to visit Goldline and learn more about our business and dedication to full and accurate disclosure of its sales practices.

Release Date: 
Tuesday, May 18, 2010