Buying gold in monthly installments is a common strategy used by gold investors. It allows you to plan your purchases over a long period of time. There is a value based on constantly accumulating more metal on a regular basis as you go. Your obligation is simply to make the immediate payment through a financial institution based in the USA.
UU. You can send us your personal check by mail or complete an electronic funds transfer (bank transfer) within 24 hours. If you want to store your gold, APMEX will send it to Citadel Global Depository Services, one of the world's largest private storage facilities, for an annual fee. Now, with the advent of online gold traders, it's never been easier to buy high-quality physical gold and ship it home or store it in a secure vault.
While the original Gold Core program is a solid program that has existed for decades, Australia has confiscated gold before and, in theory, they could choose to do it again at any time without notice. However, there are occasional reports of counterfeit metal coins or fake gold being sold online, so you should make sure you buy from an established and reputable dealer. Without a doubt, a company's reputation is the number one criterion for evaluating and comparing gold traders. You may never have heard of a practical, affordable, and imminently sensible way to buy gold in monthly (or quarterly) installments.
However, this monthly gold buying program is well established and is highly appreciated by the global gold community. If you keep your gold in your home, be sure to check that homeowners insurance covers its possible loss or damage. For long-term investors, owning physical gold is often preferred to gold receipts, gold mining stocks, or gold ETFs. Gold Core, based in Ireland, first created the prototype of this form of gold investment with the GoldSaver account.