Is Your Gold and Silver Dealer Insured?

Welcome back to our series on GMRgold - Our short series of videos that explain everything you would want to know about us, as well as some general guidance on choosing the right precious metals firm for you! Make sure you catch all the videos in this series to get a full understanding of who we are and our culture.

Let’s continue…

Are you fully insured, and with what carriers?

GMRgold carries a block policy with a subsidiary of Lloyd’s of London that covers all precious metals, jewelry, diamonds and fine watches. For all precious metals shipped to you, your parcels are fully insured for complete value with FedEx, UPS and USPS with an adult signature required.

Does your precious metals firm require a minimum investment?

GMRgold does not require a minimum investment. We started small and we take pleasure in helping new buyers enter the precious metals market. At the end of the day, we personally purchased small amounts twenty-five years ago when we began as investors and understand how the journey begins. We are committed to serving both the small and large investor and will be there for you throughout your journey.

What do you recommend as a % of assets to be invested in precious metals?

Investment professionals will tell you that a diversified portfolio is your best bet for a long term growth strategy, and that a diverse portfolio could include some precious metals. Most brokers recommend that the percentage of precious metals in your retirement fund should be around 5-20% depending on your tolerance for risk.

Scam dealers use scare tactics and lie to their customers, telling them that precious metals are the only investment worth making. If a dealer is recommending an inordinately high percentage of your portfolio to be invested in precious metals you can rest assured that their best interest takes top priority and not yours!

We personally will not make a percentage recommendation until we fully understand your mindset and your investment objectives. Generally speaking, most of our clients fit in the 10- 20% range, but there are exceptions.

Thank you for joining us for video two in our series on GMRgold.com. The link to the other videos in this series is in the link description below. Feel free to visit our website at your convenience for more information on this important topic, as well as many other topics on diversifying into precious metals.