A Growing Concern in the Precious Metals Industry
The precious metals industry has seen its fair share of unscrupulous practices, with senior citizens often targeted by companies promoting overpriced and fear-based precious metal campaigns. In this article, we explore how 7k Metals, a multinational company, is partnering with influential precious metals expert Miles Standish to combat these deceptive tactics and provide a reliable platform for the acquisition of tangible assets. As a company focused on education and responsible leadership, 7k Metals aims to create a generational impact for families worldwide.
Miles Standish’s Warning: Fear-Based Marketing Tactics Targeting Senior Citizens
Miles Standish, an independent numismatic and bullion consultant recognized by Coin World as one of the 10 most influential numismatists in the world, recently raised concerns about the proliferation of scams targeting senior citizens. Standish has seen an increase in fear-based marketing strategies using bogus conspiracy theories and apocalyptic end-of-times scenarios to exploit vulnerable seniors.
“Fear is a great motivator,” Standish says, “but it makes for a lousy strategy when purchasing bullion, collectible coins, or even gold and silver jewelry.”
7k Metals’ Solutions: Education and Empowerment
Understanding the importance of combating these scams, Standish decided to join forces with 7k Metals. At 7k Metals, Standish designs collectible coins and helps educate people about the real value of precious metals and coins. This partnership aims to provide a reliable, conservative platform for the acquisition of tangible assets, including rare, unique, and exclusive modern collectible coins.
“Each of the coins I design can be used as legal tender in the sovereign state where it is recognized as a currency. But that’s only part of the collectability issue,” says Standish.
In addition to offering tangible assets, 7k Metals is committed to educating collectors and providing them with the necessary confidence and tools to make informed decisions. By empowering responsible leaders, 7k Metals is working to create a new generation of individuals who can positively impact the industry.
Standish’s Advice: The Importance of Research and Reliable Vendors
Miles Standish urges consumers, particularly seniors, to conduct thorough research before purchasing precious metals or collectible coins. He advises choosing reliable, conservative vendors who value long-term customer relationships.
“It helps to purchase through a reliable, conservative vendor who values long-term relationships with potential customers,” Standish adds.
Standish hopes to protect seniors from falling victim to scams and predatory marketing tactics by emphasizing the importance of research and working with trustworthy vendors.
The Mission of 7k Metals
7k Metals is a multinational company headquartered in Idaho, the “Gem State.” Its mission is to empower a new generation of responsible leaders through a convenient and innovative platform for acquiring tangible assets. By partnering with experts like Miles Standish, 7k Metals is focused on providing high-quality collectible coins and precious metals and educating collectors to make informed decisions.
With a strong commitment to education, responsible leadership, and long-term customer relationships, 7k Metals is positively impacting the precious metals industry.