Goldline International

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Category: Business & Finances

Contact Information
100 South Tower, Santa Monica, CA 90404, Santa Monica, California, United States

Phone number: (800)827-4653
mygoldlinedisaster.com

Goldline International Reviews

Goldline Victim February 9, 2011
gold coin investing
I had a very negative experience with Goldline.

I decided to create a blog about it empower others and help me to get over the stress and loss of dealing with them.

Please, everyone interested in integrity of the investment community come visit. Read my story and post your stories. Let's get together to help each other. Let's make this a better world.
webmrkt June 1, 2010
Bad Faith deal
In March of 2009 I bought what was suppose to be 35K worth of Silver hedge and believed tha Silver was going up. So here is the story. I kept asking him how much the coins were and He kept saying " hey they are based on the Spot rate today." So since Silver was 12.09 that day I would be getting them for around 9.25 a coin." that all sounds great if ou are taling silver dollars beause of that 35% UP FRONT LOAD HE TALKED ABOUT. Trouble was not only was that more than 35%, we were taking about Kennedy B U 1964 Half Dollars that they only had a few of.. A once in a LIfetime OPPORTUNITY>... Yeah to be Suckered like Never Before...

ok, so here are todays numbers. Silver went from 12.00 to 19 dollars and ounce. (Last month) I go to sell back to them and am told I can have 7.73 per coin. Remember that if you take two Silver halfs they are roughly 77% of a troy ounce. NOW I can not get back ANY PHONES calls from them. (there is a reason they kept telling me your have to hold these 3 - 5 years... That is how long before people get wise to them. The only reason I trusted them was because they had ads on Fox News and I trusted their reputation!!!

You see they got me for more than 50% up front and now on the back end will get me again ... I am thinking the first line of defense is the Attorney General in California. Everyone should contact them first to see if Goldline will fall in fairness before being shut down and pay us what is fair in order to get us to shut up.

Also worth noting, The reason I first called them I wanted to buy Silver Eagles. This would have been the only way I could have seen them playing their game and also should have been given almost twice the amount of Silver as I recieved. The way they talked me out of Silver Eagles was buy telling me when I sold them back them to they would have to 1099 me and report to the IRS my profit. (ANOTHER LIE.) There are no reporting requirements on Silver Eagles!!! Lets Sue them for our Rightful profit... I am in.

These are suppose to be considered personal Assets. Well as of today they are person alright. If Silver does climb to $50 an ounce in 2010 no harm no foul... As I know at some point I can break even.. However I will have lost the profit I first asked for. Today I see I can buy Sliver Eagles for 10, 799 a box of 500. By the time Silver hits $50 that same box will cost $25, 000 just so I can break even.. What a lost oppotunity. I am ticked and ready for battle.. Lets put these crooks out of business. Caomplain to who ever you can think of and lets get this ball rolling.
Jan Sophie's Mom November 11, 2009
Sold me expensive product
We were new to investing in precious metals and wanted advice from a reputable company on a hedge against the falling dollar. We saw Goldline's ad on Glenn Beck. Checked out thier web site and saw they were endorsed by Glenn Beck, Mark Levin and Laura Ingrum so we felt they must be reputable. I did do some reading before I called Goldline about gold and silver and read that the best best basic investment for new gold and silver investors was gold and silver bullion coin. When I called the sales rep at Goldline and told him what I was interested in he told me a better investment was a numismatic (collector) coins called the Austrian Ducet. He said it would be a little more expensive but in the long run a better investment. Excited about my investment I began reading more and found out that when calling some gold companies unscrupulous salespeople will try to sell collector coins to novices because novices don't know the difference and the dealer makes far more on collector coins. On further reading I found that unless you really know what you are doing with numismatic coins you rarely come out on them. We were horrified and called Goldline and asked for a refund. They flatly refused. So we learned an expensive lesson and hope from our experience others will avoid dealing with Goldline. I'm sure there are honest gold dealers out there just be very careful.
Jimmy March 3, 2009
Terrible experience
Several years ago, I filled out an online form of Goldline Interntional's to receive some literature about investing in precious metals. Soon after I was contacted by John Arnette, a salesperson with Goldline. John was pleasant and convincing. He informed me that I should view him as an 'adviser' similar to my stock broker. I was interested in buying gold but was not yet ready. When the time was 'right', I called John back with the intention of purchasing a large amount of Bullion gold. The price of gold at the time was $420/ oz. and the price of silver was less than $7 per oz. In my opinion that was pretty good timing. John 'advised' me to talk further with one of Goldline's Numismatists. I was young as a precious metals investor and was looking forward to the education and 'advice'. The Numismatist sounded very educated and convinced me to invest half of my money in Silver PCGS MS64 Peace Dollars. I agreed, as he told me that these had sold for as high as $250 each in the 1980's. I purchased 1000 of them at a price of $52 each ($52, 000 in Peace Dollars).

I recently called them back to re-sell my Peace Dollars. They told me that they would pay $47 each. At this time, the price of silver had doubled from the price it was when I first bought from Goldline. I asked the representative, 'What would the price of silver have to be for me to get my money back?' The buyer from Goldline informed me that it would likely have to hit $20 per oz. before I could get $52 a piece for them. When my stock broker 'advises' me on an investment, he certainly does not trick me into buying something that would have to more than triple before I can break even. It was this phrase from John and I quote - 'We are telling our customers that they should view us as someone similar to a stock broker' that hooked me. What a bunch of liars and deceivers these scam artists are at Goldline. Beware friends. If there is a class action suit against this company, I want in.
November 20, 2008
racist, scamm! be careful!
I am a worker at this place. all the salesmen are creepy. they want to make a killing off of you, no matter what! they have a radio show that spews lies, and Mark Albarian is a RACIST! I work for him and he has a problem when the black folks are talking to eachother, i was also instructed to not look at the gold in the glass case! WTF? I am always afraid that the customers that call and are treated like shit are going to come and mob the place. The owners, Joel and his wife, who always sport Louis Vuitton, do not care about you and teh "gold" they are selling, I am quitting and hope someone asks me why! PS they didnt want my black ass on camera for thier live commercial, how bout that?

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