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Gold/Silver Accounts In Utah

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Pillar of the Community
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7390 Posts
 Posted 10/26/2015  3:50 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
It's NOT security angel. Think about it. It seems like just another depository but with a shtick about being able to use the metal in daily commerce. Most intelligent people would NEVER let some company hold their gold and silver because if they steal or mishandled it you're screwed
Pillar of the Community
United States
2168 Posts
 Posted 10/26/2015  6:53 pm  Show Profile   Bookmark this reply Add angel2004 to your friends list Get a Link to this Reply
I wouldn't deposit silver/gold there. They convert FRN to gold and it seems you spend it as the value as converted to 'gold' upon deposit. I don't know how secure it is but supposed to be insured as well as supported by the state of Utah. They have no spread on the spot price of the metal. I just thought it may be a way to accumulated gold at spot and then withdraw as you complete an oz.
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