Tumblelog by Soup.io
Newer posts are loading.
You are at the newest post.
Click here to check if anything new just came in.
moneymetals

Money Metals Is the Best Place to Sell Your Metal (Even If We Don’t Think You Should)

We don’t talk about it much, but Money Metals Exchange is literally the best in the nation when it comes to buying precious metals from clients who need to sell. We’ll explain why that is in just a moment. First, however, it’s important to explain why we don’t promote it, despite having several competitive advantages.

We just don’t think most people should be selling metals, at least not now.

Buy, hold, sell

In fact, holding a position in physical bullion is, we believe, more important than ever. Our position on that hasn’t changed, even though the sideways action in the metals markets in recent years has sometimes been frustrating and difficult to watch.

The dollar’s future is more bleak than ever. The U.S. borrows too much, spends too much, and promises too much.

A national bankruptcy is coming and it will destroy confidence, the ephemeral foundation underpinning the Federal Reserve Note dollar.

We believe this is a truth which cannot be avoided, and no amount of price rigging or central economic planning can change it.

That said, it has always been a priority for us to make an honest and fair two-way market for our clients. We’re committed to supporting them whether they need to buy OR sell.

And there are, of course, plenty of good reasons to sell metal. Sometimes folks simply need cash for some other purpose – and gold and silver are highly liquid assets. Or maybe they simply disagree with our take on where the precious metals markets are headed.

So Money Metals has been steadily building tools to make it even easier for sellers as well.

​Continue reading the article on MMX

Don't be the product, buy the product!

Schweinderl