General:
Buy uncut diamonds online wholesale; The short answer is NO, we do not disclose your transactions to the government or anyone else. There are extremely rare circumstances where certain reports could be required, but a reporting obligation is only triggered about once in every ten thousand transactions and make every effort to notify customers in advance.
There is no substitute for holding physical precious metals in your Individual Retirement Account (IRA) rather than holding more risky paper alternatives such as precious metals exchange traded funds or even mining stocks.
Privately made bars and rounds, as opposed to government issue coins, are hard to beat when it comes to low premiums. That is why Gold Metal Store recommends them so often. Investors will often find the combination of uncirculated beauty and low cost to be a “sweet spot.” About the only way to lower costs even further is to make some compromises when it comes to condition. It is sometimes possible to buy scratched, dented, and/or tarnished items at a discount. Investors who don’t care much about aesthetics may be able to get slightly more precious metal for their dollars. We classify scratched or dented gold and silver items as “Bargain Bin,” and they are discounted at Gold Metal Store
We recommend a two-pronged approach. First, store some of your bullion at home in a well-concealed safe for immediate access in case of emergency. Store the remainder of your bullion in a secure, insured precious metals storage facility. Insist on segregated storage like that provided at Gold Metal Store Depository to avoid any commingling of your bullion with that held by other customers. Safe-deposit boxes at banks are generally not suitable for precious metals storage. In fact, some banks have policies that explicitly prohibit gold bullion. Plus, your gold would be at risk in the event the bank goes under or gets raided by government agents. You don’t want your gold tied into the banking system, even indirectly.
Not necessarily. Gold is a counter-cyclical asset. It shows virtually no correlation with the stock market (and other conventional assets), meaning it can go up when stocks fall; especially if investors in large numbers seek gold as a safe haven. During an extreme credit crunch such as occurred in 2008, gold may temporarily sell off during forced liquidation sprees. But despite suffering some downside volatility in late 2008, gold actually ended the year in positive territory.
Payments:
We use BitPay to process all Bitcoin orders. You can review the accepted wallets and payment protocol utilized by BitPay here.
If your order totals over $3,000, you will be required to verify your identity. This one-time verification helps reduce payment risk for both you and BitPay merchants. You can find more information and acceptable documents for verification here.
We accept Visa, MasterCard, American Express, Discover, PayPal, PayPal Credit (formerly Bill Me Later), bank wires, paper checks, ACH, bitcoin, bitcoin cash, Dogecoin, Ethereum, and 4 USD-pegged stablecoins (GUSD, USDC, PAX, and BUSD). ”Paper checks” include personal checks, money orders, cashier’s checks, online bill pay, bank drafts, and traveler’s checks. We do not accept convenience checks or prepaid cards.
At this time, we only accept Bitcoin, Bitcoin Cash, Ethereum, Dogecoin (DOGE), Litecoin, and 4 USD-pegged stablecoins (GUSD, USDC, PAX, and BUSD).
Bitcoin is a decentralized digital currency controlled by a massive open-source network of people. “Miners” create bitcoins using computers to solve complex mathematical algorithms. The first miner to solve the algorithm is rewarded 25 bitcoins. Only a finite number of bitcoins (21 million) will be created. Bitcoins are then traded, much like any other commodity. Their exchange rate is constantly fluctuating, and the price can be rather volatile. Once you acquire bitcoins, you will keep them in a digital “wallet,” which can be stored either online or offline. Your wallet is like your own private bank, over which you have total control.*
*This is a very simplified explanation of bitcoin, and we suggest you supplement it by doing further research.
The moment your payment is processed, you will be notified of such via email, and your order status will progress from “Pending” to “Paid.”