Verify Gold and Avoid Scams

Almost every gold scam breaks one simple rule: it asks for value to move before the metal is seen and assayed. A genuine deal is the reverse. You inspect and assay the gold, and settlement follows on the confirmed content. If a counterparty demands a large advance payment, a fee, or an instrument to be issued before inspection, that is the single clearest warning sign.

Verify independently at every step. Where a bank message or instrument is involved, confirm it bank-to-bank rather than trusting an emailed PDF. Where a vault or safe-keeping receipt is claimed, treat it as worthless unless it can be verified directly with a recognised institution.

Deep, unexplained discounts to the LBMA spot are the classic bait: realistic origin gold trades at a modest, explainable discount, not at fantasy levels. Advance-fee demands, leased-instrument offers, fake ICC-numbered NCNDA and IMFPA templates, and safe-keeping receipts from unverifiable vaults are all recurring formats.

Pressure, urgency and secrecy are tools, not signs of a good deal. A legitimate procedure is written, sequenced and unhurried, and a real seller is comfortable with independent verification.

Guyana Gold Mines sells on payment after assay, sources through a documented origin under Gold Board oversight, and publishes a full deal-flow guide that explains every instrument, from the soft corporate offer to final MT103 settlement, with a scam warning at each step.

Because our model is built on verified metal rather than advance payment, we have no reason to rush or pressure a buyer. Verification is not an obstacle in our process, it is the process.