Perth Mint Certificate Program

If you want to own gold, but don’t want the hassle of storing and insuring it yourself, the Perth Mint Certificate Program can allow you to have the benefits of owning gold without some of the trouble involved.

The Perth Mint Certificate Program gives customers a legal title to gold stored by the Perth Mint. You can hold the metal on either an allocated or unallocated basis. Allocated gold is gold set aside specifically for you, unallocated gold gives you a claim to an amount of the Perth Mint’s operating gold.

When you buy a Perth Mint Certificate, you’ll receive a document that has your name and a certificate number on it. The certificate is backed by the Australian government, making it one of the least risky methods of owning precious metals.

To open an account, you’ll need at least $10,000 USD and you must buy at least $5,000 of gold.

For investors, the Perth Mint Certificate Program provides a confidential way to efficiently invest in gold. Investors are not charged a sales tax on their purchases, and the movement of gold in and out of the country is not as regulated as it is in other countries.

To purchase a Perth Mint Certificate, you must pay by electronic transfer. The mint no longer accepts checks. Storage fees are assessed on a six-month basis.

Gold’s increase in price over the past four years has made it an attractive investment to many. In times of economic turmoil, such as now, investing in gold provides a safe harbor as gold tends to have a negative correlation to stock and bond prices.

In the past four years, gold’s price has increased nearly threefold, as other once-safe investments have plummeted in value. Gold’s status as a safe harbor investment stems with the long historical association it has with wealth and value. Early civilizations’ currency were based on gold, and gold is accepted around the world as a method of payment.

While gold is great to have, it’s difficult to store. It takes up physical space, and you need a very secure place in which to hold it, as its presence is a big temptation to burglars and robbers. That’s why services like the Perth Mint Certificate Program are becoming so popular among the growing ranks of gold investors. With a Perth Mint Certificate, you can diversify your portfolio by investing in gold, but avoid all of the costs and headaches involved with shipping and storing your new property.

As the economy continues to struggle, it’s likely that gold prices will continue to rise, although they appear to have hit a temporary curb. By investing in the Perth Mint Certificate Program, you can make a gold investment that’s discreet and convenient.