1 / 7

Buying Gold and Silver

When buying gold and silver, what is best, Allocated or Unallocated protection? Visit: http://www.golvercard.com/blog/2015/4/28/buying-gold-and-silver-which-is-better-allocated-or-unallocated

buyinggoldandsilver
Download Presentation

Buying Gold and Silver

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Buying Gold and Silver Allocated or Unallocated GolverCard.com | @GolverCard

  2. Buying Gold and Silver When buying Gold and Silver, knowing the difference between Allocated and Unallocated can save you money. Banks generally prefer you to store your gold 'unallocated', so that it becomes formally their property. Because gold qualifies as a liquid reserve asset, which underpins the bank's ability to lend, what you think of as your gold will actually belong to the bank. GolverCard.com | @GolverCard

  3. Own Your Gold and Silver JUST LIKE YOUR MONEY, BANKS CAN USE AND LEND YOUR GOLD AND SILVER. GolverCard.com | @GolverCard

  4. Don’t Give Banks Your Gold Banks do this by taking more short term cash deposits, and lending them long. It's the ability of your gold to convert quickly into cash which allows the bank to do this. Banks can expand their lending by about eight dollars or more for every dollar of their reserve, so they make a lot more money out of doing this than they do out of renting you vault space. That's why they tend to offer you 'free' unallocated storage, but very costly allocated storage, at something like 10 times the wholesale rate for vault space. With unallocated storage it would be “your gold” (or technically speaking their gold) which would be sold for the benefit of the bank's short term creditors during a bank run. GolverCard.com | @GolverCard

  5. Know The Difference ALLOCATED STORAGE KEEPS YOUR GOLD & SILVER YOURS. GolverCard.com | @GolverCard

  6. Keep Your Gold Safe Commercial vaults - including those used by GolverCard - have no banking license and no motivation to over-price allocated storage. When buying Gold and Silver, you should always choose to go with Allocated storage. Read full post: http://www.golvercard.com/blog/2015/4/28/buying-gold-and-silver-which-is-better-allocated-or-unallocated GolverCard.com | @GolverCard

  7. GolverCard Explainer Video GolverCard is an innovative savings and payment system backed by gold & silver. We offer the benefits of the precious metals industry through gold and silver, with all the advantages of the banking industry. Watch Our Explainer Video!

More Related