Due to the Covid-19 pandemic, several countries around the world were in lockdown to curb its spread, this led to consumers spending less and saving up more this period. Where can we deploy our funds to weather the uncertainties in the economy? How do we buy into safe haven assets such as precious metals?
And who can we trust?
Precious metals unfortunately is an asset favored by scammers, con artists as its value is well recognized globally. Then how do we navigate this minefield and know who to trust?
Look for dealers and storage partners who have weathered through multiple bull and bear markets and are regulated by the local government bodies or have membership to the relevant associations in their country or in their region they are located in. This will further ascertain their credibility and standing within their fieldOne of the storage options GSC would highly recommend are those being offered by the Perth Mint. With more than 100-years of experience in the business and the only precious metals accumulation program with a Government-Guarantee; this is a private banking product that is now offered to all clients!
The Perth Mint Certificate Program (PMCP), makes it affordable to own Gold, Silver, and Platinum with the world’s only Government-Guarantee! Better still, they have solutions without storage fees!
With the rapid rate of digitalization, investors now prefer online solutions that they can manage and execute themselves even for asset transactions. The Perth Mint Depository Distributor Online (PMDDO) with the same Government Guarantee as the PMCP, answers that need. PMDDO has a much lower minimum transaction size and allows client to purchase, sell, store, and deliver Gold, Silver and Platinum online 24/5.
To find out more about the PMCP and PMDDO, please feel free to call us at +65 6222 9703 or email us at pmcp@goldsilvercentral.com.sg.
GoldSilver Central is a homegrown company established since 2011, is honored to be the only authorized distributor in Singapore to provide investors with access to the PMCP and PMDDO.
If you have more queries on the standards in the precious metals industry and trying to know who are the dealers and storage partners you can trust, you may look into:
London Bullion Market Association (LBMA) who work closely with the precious metals stakeholders and set the standards for the industry; and Singapore Bullion Market Association (SBMA), similar to SBMA but their focus is more on Singapore and the Asia market.
Suzane
The Perth Mint Certificate Program (PMCP) and Perth Mint Depository Distributor Online (PMDDO) is the only Government Guaranteed precious metals accumulation Program in the world and is backed by physical metals in Perth. PMCP & PMDDO clients have legal title to their precious metals stored in Unallocated, Allocated and Pool Allocated accounts.
“So, are we able to take physical delivery of the metals?”
Definitely! For both PMCP and PMDDO, clients are able to take physical delivery of all or part of your holdings whenever you decide to. You may just drop GoldSilver Central (GSC) an email or a call (+65 6222 9703) to provide us with the instructions and we will assist you in the process.
Before choosing the type of physical to take delivery of, below are some important information you will need to know.
- For PMDDO, clients are able to choose the physical item(s) on the PMDDO portal itself and as for PMCP, clients may liaise with GoldSilver Central (GSC) to take delivery of the item(s) you choose.
- Coins are not within the list of physical that you can take delivery of for PMDDO clients.
- Only Cast Bars are available for the physical delivery.
- Fabrication Fees can be referred to on the list published on The Perth Mint website.
- Upon confirming the quote for the physical delivery from The Perth Mint, clients will need to make payments for any/all outstanding amounts with The Perth Mint before the items will be processed and dispatched.
- Clients are to provide at least 2 weeks notice for the physical delivery. However, due to the disruptions caused by the measures implemented to prevent the spread of Covid-19, this may take a longer time.
GoldSilver Central is proud to be the only Authorised Dealer in Singapore for the Perth Mint Depository Online and the Perth Mint Certificate Program. Act now and own a Government Guaranteed Precious Metals Certificate today!
Suzane
The Perth Mint Certificate Program (PMCP) is the only Government Guaranteed Certificate Program in the world and is backed by physical metals in Perth. PMCP clients have legal title to their precious metals stored in Unallocated, Allocated and Pool Allocated accounts.
The PMCP facilities are especially suitable for individuals seeking for confidentiality, flexibility and a safe haven for their precious metal assets in an uncertain world. It is also a ideal product for legacy planning.
Below are the SAFE reasons to own PMCP:
Secure
- The world’s only Government Guaranteed precious metals accumulation program.
- The PMCP is permitted in a variety of holdings including Personal, Joint, Corporate and Trust.
Affordable
- Low minimum purchase requirement, minimum of $10,000 (USD).
- FREE storage for unallocated Gold, Silver and Platinum.
- Only 2.25% above Perth Mint’s spot price
Flexible
- Worldwide Delivery and Redemption.
Exclusive
- Overseas relationship is with a Government owned entity, not a foreign bank.
- The Perth Mint’s records utilize code number to ensure client confidentiality and security.
To find out more, you may checkout our PMCP page.