Precious metals, especially gold, are becoming an increasingly popular way to invest capital every year. Investors are increasingly willing to invest their funds in precious metals. According to the World Gold Council, as many as 34% of global investors between the ages of 18 and 34 have chosen gold as an investment for the future. What is more, 46% of them declare that they will purchase the metal again.
The data presented is limited to the youngest group of investors. However, it is known that they are not the only ones who decide to invest their savings in gold, silver, palladium, or platinum. The popularity of gold and other investment metals has led to the emergence of new dealers and places where precious metals can be bought and sold. A portal has been created on the Polish market that allows investors to "directly" sell or buy bullion bars and coins from individuals. However, the creators of the portal do not take responsibility for transactions or goods – their activity is limited to connecting contacts, or, if you prefer, "trading data."
A purchasing platform dedicated to precious metals is an idea that allows individuals to buy and sell bullion. The creators of the portal do not take responsibility for the authenticity of the goods presented or the security of the transactions. They also do not offer (potential) metal storage options. Since the creators of the portal have to earn money somehow, each transaction is subject to a commission for both parties – the buyer and the seller. The project's creators claim that this is the ideal solution, as it is the only one that allows precious metals to be purchased completely anonymously and without unnecessary costs. We decided to check this out and clarify a few doubts about purchasing investment metals on such platforms.
TIME IS MONEY
The portal does not mediate in determining the details of transactions and exchanges of goods between investors. It recommends that they go to a notary public to sign an agreement between the parties (based on verified personal data) and transfer the amount due in the presence of the notary. According to the portal's creators, this should be preceded by a joint visit to one of the authorized precious metal dealers to confirm the authenticity of the goods being sold/purchased. The project's initiators are only responsible for transferring data between users and do not take responsibility for their actions.
In addition to incurring additional costs when deciding to use notary services, you lose something even more important – your valuable time. After all, you and your contractor must set a date for a meeting with a notary, prepare for it properly, and finalize the entire process. Isn't time the thing we lack most in today's fast-paced world? Therefore, knowing how precious every hour of our day is, isn't it worth going straight to an authorized point of sale and making a purchase?
ANONYMOUS PURCHASE OF GOLD
Pursuant to the Act of March 1, 2018, on counteracting money laundering and terrorist financing, the purchase of investment metals is based on the customer's declarative data if the cash transaction does not exceed EUR 10,000, and in the case of non-cash transactions, it is limited to EUR 15,000. It is worth noting that the advisor has no legal authority to identify such a person. When you decide to buy or sell precious metals from market leaders, you can count on professional advice from qualified specialists. Each of them will certainly try to offer you an optimal investment solution tailored to your individual needs. What is more, when you decide to buy from industry leaders, you can be sure that the goods they offer are of full value and come from the most reputable mints around the world, affiliated with the LBMA (London Bullion Market Association). Also, when purchasing precious metals, competent and experienced individuals will appraise and verify the authenticity of gold and silver bullion coins or bars (as with other metals). Everything is done with due diligence, reliability, and honesty.
ONLINE SHOPPING
Of course, it is also possible to purchase goods online. The e-commerce market is growing rapidly, and this has an impact on gold trading. This type of purchase gives a greater sense of anonymity. The creators of the platform point out that online purchases carry the risk of fraud or sudden bankruptcy by the dealer. However, it is difficult to assume that such concerns may apply to large and authorized sales centers. In addition, industry leaders offer a range of products with 24-hour delivery. These are simply products that are available "off the shelf." This minimizes any concerns that we might be buying a proverbial pig in a poke.
The platform's creators also highlight the margin aspect. The project's originators boast that their commission is lower than that of other gold dealers. Yes, it's hard to disagree, but the platform does not take any responsibility for the services it offers. What is more, it does not bear the costs of maintaining stationary points and employees. Despite this, it does not declare its willingness to make the platform available to precious metal enthusiasts on a charitable basis. Rather, like all of us, it follows the common-sense principle that everyone deserves remuneration for their work.
YOU NEVER KNOW WHO YOU'LL MEET
Security issues must be paramount in this type of investment. There are often cases of fraud and abuse related to precious metals. The platform offers to connect the buyer and seller, and then they should work out the details of the transfer of metal and funds themselves. When you go to a meeting with a potential contractor under the principle of anonymous transactions, you never know who you will meet. In a worst-case scenario, it may turn out to be a person who will not only deprive you of your material goods, but also cause you harm.
GOLD KEPT IN A SOCKS
The platform also does not offer gold storage services. The 21st century is definitely not the time to keep your savings in a sock. Today, few people decide to store gold (or other investment metals) in their own homes. For security reasons, of course. Only large dealers and some banks offer deposits.
The answer to where to buy gold and other investment metals should be obvious. There is no more reliable and trustworthy place than industry leaders. Mennica Skarbowa is one such leader. The market tempts with ever new opportunities and competitive prices. Sometimes, however, it is worth investing more, but in full-value precious metals and peace of mind.
 (1)_LBMA.jpg)
English
German
Ukrainian
801 501 521
