IfYou are looking for a platform that allows you to trade precious metals such as gold, silver, or platinum Money Metals ExchangeIt might be worth looking into. InWe will take you on an in-depth dive into this exchange.
Money Metals Exchange Founder
Stefan GleasonFondated Money Metals Exchange2010 GleasonI started my own business with a friend who had published a national newsletter about personal self-reliance and other investment strategies in the past year.
GleasonWe realized that people were more concerned by inflation, government debt, and economic disruption. So we created a way to help people protect their assets.
His target customer for Money Metal Exchange was the investor who wanted to diversify into hard assets and avoid a “dollar-centric” portfolio too reliant on government actions. GleasonAlso, we wanted to offer options for people who want to have more control over their financial strategies.
WhatIt is Money Metals Exchange?
Money Metals ExchangeAn online bullion exchange that trades and stores silver, gold, platinum, copper and rhodium. ThesePrecious metals come in many different sizes and weights. HenceThey are worth a variety of things, from coins, jewelry, bars, bullions, and statues from all over the globe.
InSecurity terms Money Metals’ vaults are among the most secure, and all assets are insured with Lloyd’s of London. Money MetalsThey offer services that go beyond selling precious metals and even storage and loan services. ThisClients have many choices in how they manage their finances.
ClientsThey can either purchase any precious metals the company sells or they can just sell their existing metal assets. In 2015, Money MetalsIt is possible to win Bullion Directory’s prestigious Bullion DealerThe YearAward, which recognizes it as the best dealer. SinceIt has remained a top dealer in the US since then.
HowUse Money Metals Exchange
YouCan you use Money Metals ExchangeTo either buy or to sell precious metals. AllSign up on the website. All you need to register on the company’s website is your name and a valid email address.
ToRegister now, or visit the Money Metals site and click on the “Shop Now” button. FillYou will be set up in no more than a few minutes if you provide the necessary information. While buyers don’t need to sign up compulsorily, you would need to do that if you’d like to track your purchases. OnceOnce you have added the items to your cart you will be able to fill in your billing information and shipping information. OrdersDepending on your location, they are usually processed and shipped.
AsAs a seller, you can sell palladium gold, platinum, and silver to the money-metals exchange by following the steps:
- GiveThe exchange can be reached at their number during business hours. A representative will give you a buyback price.
- If you are satisfied with the company’s quote, you can confirm your order by locking in the price.
- GoCheck your email to confirm your purchase order FollowThe shipping instructions.
- PlaceThe order can be made online.
- Money Metals ExchangeAn independent third-party service provider will verify the weight of your shipment and use the most recent prices.
- TheFinal price is determined based upon the live ask and bid prices for the metals at time of verification. TheThe average settlement time is two days, but this can vary depending on market conditions.
Bear in mind that you need to ensure that your metals satisfy the firm’s buyback conditions before giving them a call.
Money Metals Exchange Review: Pricing
Money Metal ExchangePrices are slightly higher that those of competitors. TheThe best thing about buying back your items is that they are among the most affordable if you are a seller.
AsThis is May 2020, AmericanThe prices of eagle coins can be found here Money Metals ExchangeThey were higher than the JM offer rate BullionOther. HoweverThe difference was between $4-$25 dollars. CreditCard payments are subject to an additional fee.
Money Metals Exchange Review: Safety
Money MetalsA highly secure depository is located in Eagle, Idaho, and strategically close to the sheriff’s office. Thevault is a custom-made UL certification Class 3 VaultThe depository is monitored 24 hours a day.
AllThe contents of the vault are fully insured Lloyd’s of LondonOne of the largest insurance companies in the world, Money Metals doesn’t charge additional fees for storing or insuring if you choose to store your assets in Money Metals’ Depository. AllHoldings Money Metals DepositoryAudits are done internally on a weekly basis, and externally once a year by an auditor.
Money Metals Exchange ReviewFAQs
Is Money Metals Exchange legit?
YesThe company is legitimate. AfterAfter conducting a thorough investigation, we concluded their operations are transparent and fall under the lawful jurisdiction. TheThe company values client privacy and uses advanced SSL technology for encryption.
WhatIs this the lowest amount of gold you can purchase?
ThePrivate investors can only buy one gram of gold.
Does Money Metals Exchange Disclose Customer InformationTo the Government?
No. Money Metals Exchange does not disclose its customers’ personal information to government officials, law enforcement agencies, or any other third parties except when a valid search warrant is presented to them. AdditionallyThe company does NOT provide transaction information that identifies or discloses any particular purchase or sale made through it.