Could anyone please let me know of any companies (worldwide) where I can buy and sell precious metals online so I don't need to use a broker. I am interested in a- ETF's b-Companies where you can trade on line and even collect the physical precious metal at some point (although not mandatory) I do not want to do futures or options. I'd just like to buy and sell precious metals on-line that are backed with the live spot prices. I am interested in companies worldwide (not just the USA) I am aware of the following companies so far: 1- Perth Mint 2-Kitco 3-Bullion Vault 4-Gold Money Can anyone add to my list please??
I buy at my local bank I can buy / sell certificates and physical bullion through my bank. You may pay a little more but at least your order is safe.I recently purchased 100 oz of silver bullion coins.The coins arrived and are now tucked away in a safety deposit box.I simply picked them at at the bank and walked to the vault and deposited them.No worries about anything. I don't buy certificates because the capital gains tax rate on any profits can be up to 50%. Bullion is tax free. I deal with the T.D bank here in Canada but I think they have the same service in the U.S called T.D. Ameritrade. Be cautious with who you deal with as one of the companies you mentioned, Kitco, is in serious trouble with the Canadian government. As they say, better to deal with the devil you know than the devil you don't know.
I haven't gone through this guy before, but Jason Hommel of www.jhmint.com does high volume silver transactions, buy or sell, although I think it's only physical so maybe not what you're looking for.