Why and How to Purchase Physical Precious Metals

The Reasons Investors Own Physical Precious Metals

Physical precious metals are a way to offset the risks associated with debt, retain purchasing power, and protect against geoeconomic uncertainty. Investors commonly own physical precious metals to protect and store value.

A Solid Portfolio Foundation is Key

Physical precious metals are commonly viewed as an insurance policy for your portfolio. Precious metal products, such as gold and silver coins can be utilized as a hedge against geo-political uncertainty. Gold and silver are used as investment vehicles to protect against fiat currencies and arbitrary government policies. When the values of other assets decrease, precious metals rise in value and promote portfolio balance and stability.

Precious metals are not prone to mismanagement or mishandling by corporations or government entities. Precious metals are not subject to government policy changes. For example, when you own a gold Eagle coin, no one can borrow or loan against your gold coin. Physical precious metals are free from the risk associated with debt.

Proper Portfolio Diversification Is Mandatory

Properly diversifying your investment portfolio is essential to reduce risk and build long-term wealth. You can protect your portfolio from market volatility and potential economic downturns with a proper balance between investment vehicles designed to hedge and speculate.

Choosing The Right Precious Metal Dealer is Paramount

Choosing the right precious metal source is key. Consider these points before choosing a precious metal company to purchase precious metal coins.

Online Product Pricing

When choosing a precious metal company, only consider companies that offer transparency by advertising their online product pricing. Unfortunately, most precious metal companies refuse to advertise their online product pricing. If you have to ask for the price of a precious metal product, you’re talking to the wrong company. Common sense should be utilized when choosing a precious metal source. Hearsay today is unenforceable in a court of law tomorrow. If a company has competitive pricing, they will advertise their product pricing online. If a company refuses to advertise their product pricing, they have made a conscious decision to hide their inflated product pricing from the consumer, and it won’t really matter what that company has to say over the phone.

Research and Confirm

When it comes to precious metal investments, reputation is everything. A dealer’s reputation should reflect a track record of performance, honesty, and customer satisfaction. Before establishing a precious metal IRA, or placing a transaction, take the time to research the dealer’s background and gather feedback from the other investors’ online reviews. You can look for online reviews and ratings on non-biased and trusted platforms such as Retirement Living, Consumer Affairs, Trustpilot, Google reviews, and the BBB to gain insights into a dealer’s business practices. A non-biased and trusted review site will provide a physical address in the US, a valid contact phone number in the US, and offer a platform for customers to post reviews.

Investigate and Verify

Experience also plays a crucial role in the precious metal industry. Dealers with a long-standing history in the market are more likely to offer more program providers in commercial storage facilities and retirement custodians. A well-established dealer will also have streamlined their customer support services, ensuring a seamless buying and selling experience. A company with a valid track record will have hundreds of customer reviews you can research online. If a company claims to have been in business for an extended period of time, verify their claim by confirming their oldest online customer review.

A company claiming to have been in business for an extended period of time, but has little to no online customer reviews, has not established a valid business track record. Only consider a company with a proven track record that can be verified.

Choose the right precious metal company and everything else will fall into place. Once you’ve chosen the right precious metal company, the pricing, product, and service you receive will add to the upside potential in the investment.

The following article is created by Orion Metal Exchange for the benefit of our investors and perspective investors alike. We seek to provide relevant content concerning precious metals and the impact caused by economic and geopolitical trends that will most likely impact your financial future. If you are interested in learning about precious metal investing, call 1-800-559-0088, for a FREE investor kit.

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