After the Munich International Precious Metals & Commodities Show I tried to collect more information regarding investment (and storage) in precious and strategic metals.
Two evening invitations turned out not really convincing.
Schweizerische Metallhandels AG made a nice presentation in a convincing surrounding. Only trouble here is you invest in metals not traded on an open market. And as there is no market price you have no idea wether you are treated fair. But even done so: the margins are quite high. Still it looks like an option. I just do not feel really good about it so far.
Mida Trading AG was even less convincing. Their presentation was crowded, taking place in the rooms of a Volkshochschule. Who ever want to attract people investing money should find better places. The speaker was quite amusing, but the company was not really in the focus of the whole speech. This was more about investing, inflation, Gold, ... in general.
Quite clear was, how seriously this company keeps track of who brought contacts and visitors. From my point of view, the percentages to be gained by selling are very much of importance here. Plus: the offer is for sure not cheap, even with the special discounts they offer you after 5 minutes of discussion.
All that brought me to a little more research on the Internet - and two companies I know since a long time popped up: GoldMoney and proaurum. Both offer storage options, but with very different concepts. I will not go into details here for the time being.
What TrustableGold offers is just an evaluation of the offerings of different companies who allow you to store Gold. GoldMoney and proaurum are rated. It was really nice to see, that GoldMoney got a top rating; proaurum did not.
Still, I guess I will try to get more information on both concepts (and share them with you).
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