There is no shortage of companies offering to sell you precious metals, most notably gold and silver. Some will also offer you platinum and palladium, but not that many.
Often these companies are selling you an interest in a pooled account where you have a claim against the company instead of actual segregated precious metals, but many do offer a true allocated system that is audited for your protection.
Unfortunately, very few of these companies offer you these four important account characteristics.
First, the opportunity to buy specific sovereign coins like Eagles, Maple Leafs, and similar known, accepted bullion pieces; not just grams or ounces of a larger bar too large for you to buy alone that is shared with others.
Second, are you offered the chance to have your specific, allocated precious metals delivered to you either at the time you buy them or at some future date chosen by you. Naturally, if the gold or other precious metal you own is part of a larger bar that is shared with others, this will certainly not be an option offered to you.
Third, we all know we can buy and sell gold and silver, either in person or online. The question is, do you feel like you are on an uneven playing field with more wealthy investors and institutions taking advantage of you? The preferred option is to leverage the collective buying power of an alliance to obtain lower prices when buying metals and higher prices when selling.
Fourth, the current - and future - global financial crisis and instability requires diversification. Having some of your precious metals delivered to you while others may be stored in your home country with another portion of gold stored overseas makes a lot of sense. The ideal company you choose to do business with needs to offer all of these options and at prices you can afford to pay.
Yet another important factor when choosing what company to buy and sell gold, silver and other precious metals from, and to optionally store them with, is what kind of support they offer you from real live people.
Do you really want to deal with a company who only staffs their limited phone lines eight hours per day and, oh by the way, they are half way around the world from you - open only while you sleep?
If you agree that times like these require a geographically diversified precious metals portfolio allocation then now is the time to take action.
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