As the saying goes, “A bird in the hand is worth two in the bush.” There are many ways to invest in bullion but buying physical is still the safest and most reliable way to invest in gold. When you buy proxy investments such as ETF’s, trust units or certificates, you expose yourself to counterparty risk. You receive a claim on an unallocated amount of gold and are depending on whoever is running the investment vehicle to actually have the bullion, as well as not have any liens against it.
Furthermore, investment in precious metals trusts and funds brings along a laundry list of redemption and delivery expenses, including the handling of the notice of redemption, the delivery of the physical bullion for units that are being redeemed and the applicable gold storage in-and-out fees, and subject to certain minimum redemption amounts. This can make ownership of a trust or fund much more expensive than simply buying and storing the metal yourself!
The safest way to invest in metals is to always take delivery and that’s what we recommend here at Maple Leaf Metals Exchange. We provide flat rate shipping to anywhere in Canada and, as always, deal with the strictest confidentiality. Additionally, for a monthly fee, Maple Leaf Metals Exchange will safeguard your bullion in private, armored vaults throughout Canada.