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Purchase Precious Metals Directly

Rich Checkan, Vice President of Asset Strategies International, discusses the advantages of a unique, conservative way to buy precious metals directly.

Special Briefing...Rich Checkan...How to Buy Precious Metals

Gold Bullion Coins

  1. Recommended bullion coins include the Maple Leaf, the Eagle, the Philharmonic and the Kangaroo - buy whatever is cheapest at the time.
  2. In buying, you pay spot plus 4.5% to 5.5% for 10 coins or more (slight breaks for larger quantities); in selling, you get spot minus a range of about -1% to +1.5%.
  3. For more information click Bullion Coins & Bars.

Saving Through the Perth Mint

  1. In purchasing Perth Mint gold certificates, you pay 2% above spot, saving the 3% fabrication fee by choosing unallocated bullion; you also save on shipping (sending the certificate costs only about $10).
  2. You get a titled certificate of ownership (not a bearer bond) that is transferable but not negotiable; to claim the assets, you have to prove titled identity; in the case of death, the beneficiary would need to produce a death certificate.
  3. A seamless way to transfer the certificate is to include the intended beneficiary on the original title if you are not concerned about access security; also, a trust can own the certificate and disburse the assets.
  4. In selling back to the Perth Mint, you get 1% in back of spot - total spread is 3%.
  5. For more information click Precious Metals Certificate Programs.

Physical Silver

  1. For the lowest premium, purchase 100-ounce bars - 3% to 6% over spot; a sale is usually at a discount to spot (of about 5 to 15 cents).
  2. Premiums for $1000-face-value bags of 90% silver run about 8% to 12%; for 1-ounce Eagles or Maples, premiums can be upwards of 30%.
  3. Perth also offers silver, platinum and palladium certificates at the same spreads as for gold - 2% to buy and -1% to sell.
  4. The savings through Perth are magnified for silver by the huge shipping costs to move the bulky metal.

Advantages of Perth

  1. You bear no recurring storage fee when purchasing precious metals from the Perth Mint.
  2. The metal you buy is 100% backed on premises at Perth - there is no shorting.
  3. Stability is underscored by the fact that you are dealing with a reputable government that turns a profit.
  4. The certificates are portable and easily liquidated in many places in the world.
  5. Some people definitely want physical possession, but ASI recommends a mix of the physical and Perth certificates.
  6. For more information click Precious Metals Certificate Programs.