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Why International Gold Vault vs the Competition
I’ve spent 11 years working in precious metals and over that time I’ve realized one very important factor. None of the structuring is designed to benefit the client, until now. Below I have provided an example of how IGV compares to the other established Precious Metals companies offering the same service as IGV. Using an initial investment of $10 000 CAD convert to USD 1.2580 rate = $7949.12 IGV charges 0.5% flat fee on funds transfers in and out = $7909.37 IGV supplier spread is dynamic and very competitive (gold and silver) typically ranging from $6 - $18 in gold, .24 -.45 in silver per ounce. Furthermore if, Golds position is bought on Jan 30/18 = 5 ounces + $1206 USD available for storage or to purchase another metal. Break-even for this account is $1342 Bid price or above! If Silvers position is bought at the same time, Jan 30/18 = 457 ounces + $12 USD excess cash. Break-even for this silver account $17.27 Bid or above! Based on the IGV Buy/Sell efficiency, investors can easily exploit market volatility even in tightly traded markets, enabling them to capture profits. Comparing this structure to the competition, hefty commissions eliminate the possibility to trade tight markets and profit. For further clarification or answers to your questions please don’t hesitate to call. No obligation Written by Rob McInerney
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For example, in January 2015 the central bank of Canada decided to cut interest rates by .25 % and again in June another .25% at a time when the U.S. dollar vs Canadian dollar was close to par. The results were dramatic to say the least. Gas prices rose significantly and food prices followed as the Canadian dollar began to drop against the US dollar. What was an exchange rate of 1.05 (CAD to USD) in November of 2014, quickly rose by the fall of 2015 to 1.49. In my opinion, this is a classic method in which governments quietly transfer wealth from citizens to government via inflation.
Below is a gold chart illustrating golds performance in Canadian dollars. Note the high in 2011 just under $1900 and golds 92.96% return over the last 10 years. |
AuthorNews & Updates are written by myself or when shared from the industry, credit is always given to writer. Rob Archives
January 2022
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