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With a Metals on deposit account, the investor's specified metals are stored at a government approved depository (Brinks). The metals are never loaned out to another financial institution and are fully insured for their current market value. It is very similar to a bank account or brokerage firm, this type of account however has significant tax & cost benefits. Just like any other brokerage firm a sell trade can be executed within minutes. An account executive can give you an instant fill right over the phone. The investor has the option to take possession of the metals at any time. (delivery and insurance fees will apply).
HOW TO CASH OUT
How to Liquidate/Sell if the metals are in our Metals on Deposit program, it takes only minutes an account executive can execute the trade and give you an instant fill right over the phone, no surprises! Thereafter, a check or bankwire can typically be issued within 24hrs. (please note a nominal fee will apply for bank wires).
If you have taken possession of your metals and wish to cash out, you can cash out with us or any other precious metals firm. Fed Ex or UPS will go to your location with shipping supplies, pick up the package and fully insure it for a nominal fee.
Once the metals are received and inspected; your account executive will liquidate/sell your metals, which secures you the then market price. This can be done instantly, with you right over the phone. Please note a 1% liquidation fee will apply.
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