![]() If, at some point, you discover you paid too much for the indium, you mayįind that the sales representative who was so eager to sell you indium before is no longer available to talk to you. Or that you still need more indium for your portfolio. If you ever discuss selling your indium with the telemarketers, they may stall your action by telling you the price hasn't peaked yet However, if you buy more indium, you will only lose more money. For example, if you have 300 ounces of indium, you may be told that the "buyer" only wants to purchase quantities ![]() Most likely, one or more companies will try to pressure you into buying more indium to close a deal with an alleged buyer of Because you believe the price of indium is rising, you may not suspect any problems with your investment. Indium - or a different one - will call to give you updates on indium's latest selling price. If you buy some indium, your name may be traded on what is called a "sucker's list." The telemarketing firm that sold you the Because you would not beĪble to guarantee the quality of your indium, a company probably would not want to pay to do their own analysis. Second, even if youįound a company that uses indium, it probably would not be interested in buying your small supply. It is not traded like a commodity or stock. Worse yet, it's unlikely investors could ever resell their indium at any price.įirst, indium is an industrial-use metal, not an investment metal. Have sold it for $80 or more for that amount. Indium currently is selling for about $5 per ounce, but telemarketers Indium include countries like France, Italy, and Canada. There is no shortage of indium, and there are no forces that are driving up the price. imports most of its indium and that the overseas producers are threatened by political or economic problems. These telemarketers may claim that the demand for indium is growing while the supply is dwindling. May capture your attention by talking about new high-tech applications for indium. It may sound glamorous, and the fraudulent telemarketer The term "strategic metal" may be confusing to the average investor. It's used in digital screens (on watches and computers), architectural glass, and fire sprinklers.īecause indium also is used by the defense industry, it sometimes is called a "strategic metal." ![]() You're reluctant to buy, the telemarketer may send you an impressive-looking brochure or even a video cassette that exaggerates A telemarketer calls offering you indium as an investment that promises little risk and high returns. Resources you can use for inquiries or complaints. This brochure explains the sales tactics of the fraudulent telemarketing firms and how to protect yourself from them. Sold the metals at prices that far exceed their worth. Many of these firms are located in Canada. Metals," such as indium, germanium, selenium, or cadmium. If you do invest, you may join a growing number who have lost thousands of dollars to telemarketing firms that sell "strategic What is indium? You may learn the hard way if someone calls and says, "This metal is the hottest investment today. Investing in Indium and Other "Strategic Metals" Facts for Consumers from the Federal Trade Commission Investing in Indium and Other "Strategic Metals" Date Unknown
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