Always take delivery of gold and silver!
Believe it or not, Germany’s own Deutsche Bank recently refused to deliver physical
gold, when requested by an Xetra-Gold client. You will ask, “What does Deutsche Bank
have to do with Xetra-Gold?” Good question.
Simply stated, Xetra-Gold is an Exchange-Traded Commodity, similar to the GLD and
SLV shares sold in the U.S. markets. Xetra-Gold touts itself by “representing that every
gram of gold purchased electronically is backed by the same amount of physical gold”
and the principal bank (Designated Sponsor) just happens to be Deutsche Bank. The
physical gold is held in custody in a vault which is a wholly-owned subsidiary of
Deutsche Borse AG.
The bottom line for anyone who owns precious metals in the form of a piece of paper or an electronic transaction is simply this: No matter what the company prospectus says,
there is no guarantee you will have access to your metals.
Television advertisements today are advising prospective clients to turn their IRA’s into
gold or silver. That is certainly legal, but they all use the convenient method of storing
your metals in a depository. We have witnessed horror stories of clients who had
purchased metals in this fashion, only to find that getting delivery of said metals would
require almost an act of God.
Back to Deutsche Bank. The only solution for the bank’s clients who wished to convert
their Xetra-Gold holding into physical was to sell their shares, and then buy gold coins
or bars elsewhere. The question is being asked. If Xetra-Gold’s Designated Sponsor is
unable to satisfy a request for a small delivery by a client, then is there a global physical
We have always and will continue to “preach” that investors take delivery of physical
gold and silver. Anyone owning paper shares is sitting in a precarious position. What
will happen if everyone wants to sell paper metals and buy the real metals at the same
As always, we make every effort to protect our investors from falling prey to investment
schemes which abound in our world today.
Go to the website to arrange a consultation. After you have shared some basic
information with us, we will help you determine what portion of your portfolio should be
converted to gold and silver. Remember, God did not set up the debt money system in
our world today and He does want us to be wise stewards of his gifts.
It is our privilege to serve you at firstname.lastname@example.org.