Thread: Gold Buying
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Old 15.05.2019, 22:45
Bocman Bocman is offline
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Re: Gold Buying

I am thinking very seriously to put money in Gold and Silver in physical form, not much, may be to put 10k chf at each.
Once markets are stable, and new economic cycle starts sell back metals to Dealer.

My requirements:

1) Swiss based company both - dealer and storing co, bars should be of swiss origin as well
2) Storage location should be CH or LI
3) Segregated storage with possibility to visit and easily take gold out
4) Outside of the banking system
5) Good spread for buy back
6) Cheap yearly storage costs and insurance.
7) No VAT payable for Silver
8) Good contractual terms with storage company.
8) Dealer should not storage itself.

I have made some research, I have attached pics from Excel.

My conclusion is that cheapest is Echtgeld, site is quite old, but they offer best spread, they do not storage, but have partnership with two companies
Swiss Gold Safe and ORSUISSE. both looks fine to me.
storage cost around 1% p.a.

Another option is Geiger Edelmetal.

Probably better to buy gold at one place and silver in another just for security.

What I would appreciate if anyone experienced can give advise on the legal side and contractual terms with the storage company any nuances I need to know.

link to Excel with tables:
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