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Midas Resources


Country United States
State Minnesota
City Burnsville
Address 190 Cobblestone Lane
Phone 651-289-0777
Website http://www.midasresources.com/

Midas Resources Reviews

  • Dec 31, 2015

Various issues over several transactions:

Midas shorted silver eagles on a large order. I guess they can't count when they fill the coin tubes... but I can count.

A second order was WAY late. Their estimated delivery times were months off. Clearly they DON'T stock what they sell. They wait for the price to drop to fill your order so they can make more on the deal.

I asked my Midas agent (Bill Brown) about the delays and he suggested that if I wrote a note to Ted Anderson (owner), then I might get better delivery action. I did so, and Anderson never responded.

Used to be that I'd get calls periodically with deals or to see if I was in the market for anything... I don't hear from Bill any more.

Interestingly, I got a call from the State of Minn. asking questions about Midas and curiously asking if I would have bought from them if I'd known that they only procure the metals AFTER the order was placed and they also asked if I would have bought from them if I knew that they used my money to fill the orders of other customers ahead of me in the ordering queue. I asked the State of Minn. lady if the questions were based on known behaviors, and she couldn't comment.

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