Kal Gronvall and company: about us and how we came to expose the scams in the coin industry

To let you know a little about us, by trade I am a high school and college English teacher, having taught a total of 11 years. After finishing my Master's degree in 1993, I tried to get back into teaching, but there was such an excess of teachers I couldn't find a job. So, in the fall of 1997, I took a job with the largest gold coin company in the country located in Minneapolis. I worked for that company until just after 2000 turned over. Then I left that company to work for another gold coin company in Burnsville, Minnesota.

While working for these two coin companies for a total of six years I got a pretty good handle on the gold coin business, and to my shock, I witnessed some of the lowest, most despicable acts I had ever seen in my life, as other gold brokers around me would lie to customers, misrepresent coins and make false claims about them, promise people impossible monetary gains if they bought certain coins--and the management went right along with it.

I decided to go on the radio and expose these scams in the coin industry, and I ended up on national radio talk shows doing just that. The biggest problem with the gold coin industry is the fact that it is unregulated. It is basically “buyer beware.” Whatever they can get away with they get away with. In late 1998, a talk show host asked about us, and why I was speaking out against the coins that all the other companies were recommending. I simply told him that these companies sell certain coins because they bring huge profits, not for the customer, but for the coin company. The talk show host told me that many people from the listening audience had asked if I had anything in writing about the scams in the coin industry. I told him that I didn't but that I could put some of these things in writing.

I started with 11 pages, then it grew to 17, then to 21, then to 26. What resulted is a paper "Gold, and how to avoid the scams in the coin industry." I am continually updating my paper and this website. I am offering this paper free of charge to anyone who requests it by phone or email. All of the information in this paper is now on the website and available for everyone to see. Fill out the contact form on this website or call 414 234-8267 to find out more about us and how we can help you preserve your wealth.