Price is what you pay, value is what you get

A question you might have is, what exactly are you paying for?

1. Security and Insurance

We know we’ve been saying that your holdings are stored in a secured facility. How secure is it exactly then? For starters, the physical compound is surrounded by concrete walls between steel plates and there are CCTV systems in place. The building facility is maintained by a central Freeport Authority and each vault operator within Changi Le Freeport has their own security system according to their design specs.

What this means is that in order to access your holdings, we would have to go past at least two levels of independent checks. GoldSilver Central also ensure that we work together with LBMA vault operators which adds another level of checks to our clients’ holdings. This also means that vault operators are able to fully insure your holdings due to the high level of security and stringent procedures.

This is the key difference compared to storing your holdings at a location such as your home safe.

No doubt, your home safe would be more easily accessible compared to GSC’s vault storage. However, we do need to consider what happens after you physically access your holdings? (You would still have to find a bullion dealer to sell it to you.)

Which brings us to our next point

Administrative and Convenience costs

GoldSilver Central Storage Clients have the option of being able to sell their holdings anytime they wish to. This can be achieved via our “DIY mobile platform”, GSC Live!. Storage clients have the option of being able to set sell limits or sell outright via GSC Live! and the fund proceeds can be transferred to your bank account after.

Good news is, there’s no need for you to fly into Singapore to transact or to reach an actual human staff at GSC to sell your holdings (You can sell it whenever you wish to.)

Also, if you are already storing your holdings at an external deposit box or a secured warehouse, we would like to propose you consider GSC Storage program as well. Ultimately, wherever you are storing your holdings, I would personally look at it as a potential investment in a partner (if you store it at home, then your partner is yourself!) that could assist you in your precious metals investment. And GoldSilver Central can help you to decrease your risks.

Perhaps a good question to guide you in your considerations would be:

Will the benefits of having a GSC Storage account offset the low costs?

At the end of the day, a wise man once said:

“Price is what you pay, value is what you get.”

If after reading this article, if you wish to speak with GoldSilver Central to see exactly how we fit into your financial planning, let us know. We are honored to be part of your precious metals journey.