Ethics Pledge
We pledge to provide our clients with the best experience possible. We endeavor to educate our clients about the importance of acquiring precious metals. We will never misrepresent a product and you will always get exactly what you pay for. Our goal is to be of service to Americans during this global economic reset by providing a variety of high-quality precious metals products.
Exposure to precious metals will offset losses in the dollar’s purchasing power due to inflation, stock market collapses, or real estate collapses. Although we do not believe that precious metals should be your only asset, we know that precious metals continuously outdistances inflation by far, even when stocks or real estate are in bull territory. At minimum, people that do not currently own gold should immediately put at least 20% of their liquid assets into physical gold. We have a first-rate research team that relies on educational videos, printed media, and e-books to get the message out that EVERY CITIZEN SHOULD OWN SOME GOLD AND SILVER!
We do not sell what we do not have in our vault, therefore it usually takes 3-8 business days to get your metals to you. It is a priority to us to deliver your metals in an expedient manner. Getting your metals to you as rapidly as possible is one way that we show appreciation for your trust in us.
Why Precious Metals As An Asset?
The simple answer to that question is that a little bit goes a long way. An ounce of gold bullion will enable you to store a good amount of wealth. You will not need to concern yourself with inflation eating away at its value. Gold is also tangible and will never go to 0 value like many stocks and currencies have done in the past.
In a scenario where there is a breakdown in the US monetary system, gold and silver will certainly be the default medium of exchange. One reason for silver’s popularity is the idea that it will be useful as a unit of exchange during a global economic reset. Silver is not as expensive as gold and therefore enables more people to use metals as a hedge against inflation or as an investment.
If you are a high net worth individual, metals are an ideal asset for you because inflation is robbing you of hundreds of thousands of dollars every year. You can easily and conveniently eliminate this hemorrhaging of money by investing 20% of your liquid assets in precious metals.
Our War Against Inflation
The Gold Marketplace realizes that inflation is robbing Americans of their wealth and consequently their children’s inheritance. If we use standard Labor Bureau statistics, the purchasing power of the American dollar has gone backward about 2% on average since the US came of the gold standard in 1971. Since gold was made available again to Americans again in 1974, gold has gone from $183 to over $1897 currently. Even when gold comes down from a major high, its new plateau, or trading range, is much higher than the previous plateau. Gold is truly the Inflation Buster! At minimum, use precious metals for that purpose.
The USA is currently in the early stages of its next economic depression. Exposure to precious metals will be your chance to avoid being pillaged by inflation as things worsen. The next major depression will see stocks collapse and gold/silver prices go to the moon. Gold at $3,000 or $5,000 an ounce is far closer than most Americans realize. It is our belief that during the latter part of 2020 and throughout 2022 precious metals owners will exponential growth in terms of the dollar value of their metals. Now would be an ideal time to transition 20% of your American fiat dollars over into the only true form of money, which is gold and silver. As the current financial crisis worsens, you will be very happy that you invested in precious metals.
Why We Focus On Physical Metals
There are many ways to invest in precious metals. Those avenues include holding physical metals as bullion, collectible coins, jewelry, IRAs, vaulted storage, ETFs, minor stocks, royalty company stocks, futures, and so forth. There are advantages and disadvantages to every approach. At The Gold Marketplace, we believe that every citizen should own some physical precious metals regardless of their exposure to other strategies. It is important to remember that the ubiquity of gold can only be rivaled by the American dollar. However gold has continued to move forward for millennia and the American dollar has been moving backward rapidly since the USA abandoned the gold standard in 1971.
A common phrase in the world of precious metals is “If you don’t hold it, you don’t own it”. With physical possession, you can access your metals when you see fit. The coin sellers are under no obligation to report your purchase and neither are you. Bullion, collectibles, and jewelry are not subject to capital gains tax. Owning metals be quite discreet if that is a priority of the owner. Much of the time the inexpensive vaulted metals and the ETFs are leveraged, meaning that the owners of those companies are selling more metals than they have in their possession. With ETFs you cannot take possession of your metals. We believe that exposure to other avenues of metals investing can be hugely rewarding, however starting by acquiring metals to hold in your possession is necessary.
Our Pricing Philosophy
Pricing can be very controversial in the world of precious metals. We do not claim to have the lowest prices, yet we do not believe that it is necessary to price gouge.
The primary factor that contributes to the controversy is the notion of “spot price”. The spot price is not an adequate indication of physical gold’s true value. Gold and silver spot prices are based on derivative markets that sell highly leveraged products. Hence the gold and silver spot prices are inadequate to properly convey the true price of physical metals.
At The Gold Marketplace, we know that physical precious metals are extremely undervalued and worth far more than the spot price. Therefore our prices take a number of factors into consideration such as rarity, our costs, market norms, availability, metal type, grade, and other factors.
Ultimately, we claim the right to price our products as we see fit.