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The ARC
Physical gold bullion is a better option as all members agree, not any form of paper gold
Paper gold (or arguably fool's gold) is for example gold mining stocks or ETF' s or any other papers form of holding and or trading/ investing in gold. RIO have always been against paper gold investment; this mode of entering the gold market is often fraught with additional risks. Over the years there has been many discussions with members and RIO have always favored bullion as a traditional form of investing in Gold.
Facts on Gold Bullion
Physical Gold bullion most commonly comes in two forms - Gold bars and Gold coins. However it may surprise members that each are priced per ounce very differently! Both forms also experience a dramatically different demand.
Storage is a big issue to as are the terms and conditions for it, which are vital, not to mention realizing the value of bullion coins. Usually storage facilities do not provide a buy and sell facility and, if they did, what would be the charge levied on both the buy and sale?
Almost all physical gold is sold at a premium; even gold bars carry a small premium. The premium paid on gold coins varies from 2%-10%, depending on the type of coin and location/demand at the time.
The coins can be picked up and held directly.
- RIO ARC (“ARK”)
Advantage:
Coin authenticity is assured between supplier and buyer, and storage is at a fraction of the cost. A significant benefit is also that return can be realized instantly at coin or gold value, whichever is the higher at the time, with both buying and selling executed without the need for coin collection, thus almost completely eliminating the chance of theft.
Additional benefit:
RIO has made it possible for members to elect to collect physical coins, instead of cash, should they wish. This becomes an important if not crucial benefit should the overdue debasement of a major currency take place (Fiat money) or far worse the talk of a collapse or even replacement of the US Dollar trading standard system, a possibility, albeit in the long term.
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