10:28 AM The Most Convenient Way to Hold Precious Metals | |
Most people buying physical bullion believe in the adage “if you can’t hold it in your hands, you don’t really own it.” There is real wisdom in having the total control that comes with physical possession. A person with a gold coin or bar can travel anywhere and trade for value with anyone, without permission. It exists outside the financial system and cannot be confiscated or “frozen” electronically. And, unlike stocks, bonds, and pretty much all conventional assets, the value of the gold is not reliant upon the good and honest performance of other parties including company executives, bankers, or borrowers. For most people, having physical possession of their gold and silver is the best idea. But that does not mean that’s the case for all people. Nor does it mean ALL of the metals an investor may own. There are some pretty good reasons to store a portion of your metals with a vault service. There are even more good reasons to store with Money Metals Depository in particular. For starters, we can both provide storage AND act as a dealer should you decide to either purchase or sell the metal. There is no better way to maximize liquidity and eliminate costs associated with shipping and insurance.
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