Governments around the world including the United States have been utilising monetary policy to aid their economies tide through this pandemic. I think that by now, you would understand with governments injecting liquidity into the market, inflation inevitably will creep up, which will in turn reduce your purchasing power. Investors are now looking at various assets to protect their wealth and if you chose Gold; should you buy into Physical Gold or Gold ETFs?
Let’s have a quick run-through for both forms of investment. With Gold ETFs, you get a transparent and convenient way to invest in gold. As long as the market is open, you are able to buy and sell Gold ETFs on the exchange, making it as easy as trading stocks on the stock exchange. Prices are relatively more inexpensive as the costs for production (premiums) are excluded from the ETFs. Furthermore, you do not have to be concerned on the storage of the assets.
However, with Physical Gold, it is one of the most secure form of investment. You are not exposed to any third-party risks as you are in full control of the asset yourself. In the event of unforeseen catastrophes, the value of your asset will still be there giving you the financial insurance you are looking for.
What if there is a third option that somehow allows you to have the best of both worlds? That third option will be Pool Allocated Gold. Rather than buying Physical Gold (fully allocated), you can purchase Pool Allocated Gold which is physical deliverable as it has the underlying physical precious metal, without paying the premiums upfront. At this stage, you enjoy the convenience of Gold ETFs, allowing to buy and sell anytime during the opening hours of the market. Should a time of emergency come, and you want the security of Physical Gold, you can simply swap your pool allocated holdings into physical Gold by paying the premium and bring your Gold bars home. This is essentially what GSC Live! allows you to do! Read more about GSC Live! and open your account today!
With the use of MetaTrader 4 (MT4), a widely renowned trading tool commonly associated with forex, GoldSilver Central brings you GSC Live!. With convenience and flexibility in mind, this platform enables you to purchase pool allocated precious metals with just a click of a button. With your pooled holdings in the platform, you can choose to swap your pooled holdings for physical bars or coins or to determine a price level to sell it off and take profit.
Functions of GSC Live!
GSC Live! comes equipped with a set of indicators readily available for your use, such as Bollinger Bands, Commodity Channel Index (CCI), Relative Strength Index (RSI) and more. These indicators provide insights on price movements and price trends, supporting your decision to purchase or sell. Adding on to that feature, GSC Live! brings automation to the table. By indicating a price level to purchase or to sell, what we call a buy or sell limit, GSC Live! will execute the order automatically once that price level is reached, even during the wee hours of the night. Gone are the days of looking at prices and charts for countless hours!
Security and Physically Deliverable
“Am I just buying into paper Gold?” A question that I have heard numerous times and one of the main concerns that clients have over the past years. I would like to use this chance to address it. All holdings on GSC Live! are physically deliverable and are held within the GSC Vault network. You can swiftly convert your holdings on the platform into bullion bars or coins by informing us of your intentions and paying a premium (varies across different products) for the physical item.
Possibilities of GSC Live!
Here are some scenarios GSC Live! can fulfil your Precious Metals’ Needs:
- Doing your own Cost Averaging
You can slowly accumulate your target weight of Gold or Silver over a timeline you are comfortable with. (For eg. Buying 0.1oz of Gold every week for 10 weeks to convert into a Canadian Maple Leaf Gold Coin 1oz, averaging out the cost of coin.)
- Investing in Precious Metals within your specified Budget
By utilizing the buy limit function, you can set a price level to purchase the precious metal. Once you have done that, leave the rest to GSC Live!. When the price reaches the indicated level, the precious metal will be automatically be purchased.
- Short Term Physical Trades for Profit
Without allocated physical premiums, you can purchase pooled precious metals and if you made the right call, it will be easier to make a profit, leaving out the consideration for prices to cover the premiums cost.
Sign up today to start your precious metals journey with GSC Live!
For all clients who signed up for an online account via our e-commerce store, you will be provided complimentary access to GSC Live! account where you will be able to view live Gold, Silver and Platinum Spot Prices 24 hrs, 5 days a week. This is also a cash ledger account that clients can view their cash balances with GoldSilver Central, if any. To unlock full features and enable purchase of precious metals via GSC Live!, you will need to fully onboard with us, look through and agree with GSC Live! terms and conditions.
Clients can try out the demo version of GSC Live! and it is absolutely free! With GSC Live!, clients are able to dollar cost average, time their purchase with a smaller trade size and then accumulate and take delivery of the precious metals of their desired weight. GSC Live! enables clients to transact at any time, at their convenience, execute the trade instantly and have the ability of taking physical delivery of what you have purchased.)
For more information, clients may refer to our website for more information.
Trading and investing are two different methods of gaining profits from a market and both activities involves market participation at the right time. Traders take advantage of market volatility by entering and exiting market to take frequent profits while investors generally buy and hold assets or financial instruments over an extended period of time. Of course the reverse is possible too. Timing and convenience became an important factor in building wealth. What if you can have access to the market right in the palm of your hands?
GSC Live! is the mighty platform with endless possibilities that offers users access to the Precious Metals market anytime of the day. Apple and Android supported which means you are able to trade Gold, Silver and Platinum on your mobile phone. Here are 3 reasons why you should try GSC Live! today.
- Convenience: Its user-friendly interface makes it easy to understand and operate. And because you can download the application, you can check and execute trades while you are having a meal, shopping for groceries or even while you are travelling abroad. Other features include setting pending orders that helps you manage your trades while you are asleep. You can even leave buy or sell limit orders and GSC Live! will auto execute your trade when your desired price is reached.
- Instant execution: GSC Live! is ready for you to place your trades and they will be executed instantaneously. Not to worry about the latency of the data as all spot prices are in real time. You can buy or sell Gold, Silver or Platinum at the price you want.
- Spot Deliverable: You will be able to take physical delivery of what you have traded. We are the first Spot deliverable, physically backed Gold, Silver and Platinum in Singapore. Simply contact the GSC Live! team and we will provide the information on how to.
If you are still unsure, a demo version is available for you here. Follow the easy steps and you will have a tool to access the Precious Metals market. Download and try GSC Live! today for free!