How Easy is it to Buy/Store/Sell Physical Gold or Silver in Panama City, Panama?

[David De Franco]

•          Buying

 

Over time many of my clients have mentioned how difficult it was to buy PHYSICAL gold and silver here in Panama City, Panama before we opened shop. Many had complained about extremely high premiums (+10% gold, +20%-35% silver), below par customer service, and unsafe locations. We took advantage of this problem and we are now buying and selling the physical metals at realistic premiums, unparallel customer service, and at one of the safest locations in Panama.

 

•         Storing

 

Storing your gold and silver in Panama City can cause an internal struggle between three choices; storing the metals at your own residence, storing the metals at a privately owned safety deposit box, or storing your metals at a bank. Storing your metals at your residence can be comforting to many people because should you need them in an emergency situation you have them in-hand, but for many this can be a safety concern. Storing them at a privately owned safety deposit box company can seem appealing to people who believe that a similar situation to the 1933 gold confiscation scenario is plausible and who do not want to hold their metals in their home. Lastly, storing your metals at a bank can be the best option for some people because banks often have top security and have a much more reputable fame.

 

•        Selling

 

Many of our clients are heavily invested in precious metals or choose to speculate with the market, and sometimes situations occur where the client needs to sell his/her metals for cash. We are currently the #1 place to sell your gold or silver bullion in Panama City, Panama and we plan to keep it that way.  

 

 

"In the long run, the gold price has to go up in relation to paper money. There is no other way. To what price, that depends on the scale of the inflation - and we know that inflation will continue."

Nicholas L. Deak

 

 

Thanks, 

--

David De Franco Levi

Panama: +(507) 6407-0019

Skype: defrancod

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http://www.goldbullionpanama.com/apps/blog