On 12/21/10 I received a call from jacob blalock of learcapital informing me that my silver investment had doubled and he advised me to sell and repurchase 1oz American gold eagle proofs he felt that silver was going down and to protect my profits I should buy proofs he assured me that the difference in price between the bullion and proofs would be recovered when I wanted to sell. Minus the ten percent markup for learcapital for facilitating the purchase Lear charged me 1925dollars per coin when gold was at 1380 oz. Three weeks later gold was up 125dollars called Lear and asked for value of the coins were currently. I was told that the buy back was 1750per
I was pissed I asked Jacob what happens to my proofs and the assurances i was given 3 weeks ago the bottom line to this story is I was rdefrauded scammed minupulated into losing over twenty thousand dollar on a eighty five thousand dollar investment That's what I get for trusting this asshole.inspofwillingness to pay him a more than fair 10percent markup this pig needed more. My complaints to Lear got me nowhere but more lies and excuses trying to justified what they did to my wife and myself. Please see math below you decide for yourself the lack of careing and honesty they have for there customerstwo weeks ago Lear called and offered me sixty dollars over spot afterselligit to me at over 500dollar above spot
48 1oz proofs sold to me at 1925per oz totalprice. 92.400.00 dollar actual value of metal was
48 ounces at 1380 per at purchase value 67200000 for a loss of. Over twentyfive thousand dollar
I've been robbed as you can clearly sea by the way 2010 gold proof premium is no more than 150 dollars at best. That's how learcapital takes care of its trusting custome
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