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Most options to buy gold require very high minimum investments of $5,000 or more. Now there is a way to buy actual, physical gold starting at only $10. It’s never been more simple to buy gold. A new account takes just minutes to set up and make your first transaction. You will see even see the serial # of your gold bar in the App. If you want to visit your gold, you can even do that at the Royal Canadian Mint. Yes Canada. US Citizens can still purchase and hold just like Canadians.
On July 15th physical Silver can also be purchased through Vaulted. Signup now for the waitlist to be one of the early participants. Your silver is also held at the Royal Canadian Mint.
Vaulted
According to Vaulted, buying Gold through them is less complicated than ordering pizza. Begin investing in Gold with as little as $10.
Features:
- Through the Vaulted app, you invest in 99.99% pure gold kilo bars manufactured by the Royal Canadian Mint and certified Conflict-Free. (Yes this is Canadian Gold but US Citizens can buy too!)
- The gold in the Royal Canadian Mint’s vaults is insured and guaranteed against theft, damage, or other losses.
- Gold allocated to you is never mixed with anyone else’s gold and can never be leased or used by Vaulted or the Royal Canadian Mint.
- Only with your permission can your gold be physically delivered, to your home, business, or another vault in about a week via FedEx.
- Your gold purchase is in a specific bar(s). In the App you can see the actual serial # of the bar held at at the Royal Canadian Mint in Ottawa. It never leaves there unless you take delivery. Fancy a trip to Ottawa? You can even visit your gold there.
Why buy Gold?
Gold has been a valuable and highly sought-after commodity for centuries, and its appeal remains strong even today. Many people choose to buy gold as a way to invest their money and protect themselves against economic instability or inflation. Gold has a long history of value. For thousands of years, gold has been considered a symbol of wealth and power, and it has been used as a currency by many civilizations throughout history. Unlike other commodities, such as oil or natural gas, gold is a finite resource that cannot be produced at will. This means that the supply of gold is limited, which can make it a valuable asset to own.
Vaulted’s Process
1. Create a new Vaulted account in 30 seconds or less.
2. Link your new Vaulted account to a checking account. (using Plaid or wire transfer)
3. Buy gold using transferred money. ($10 minimum investment)
4. Watch your gold investment through the App. (You can see the actual serial # of your Kilo gold bar)
5. Take delivery or sell anytime. (If you own less than a Kilo bar (32.1507 troy ounces), Vaulted will work with you to transfer to a smaller coin or bar)
VaultPlan
VaultPlan is an automatic gold savings plan. The tool allows you to initiate automatic gold purchases monthly, or every two weeks. You can change your VaultPlan amount and frequency at any time.
VaultPlan makes it easy to dollar-cost average into the gold market. Dollar-cost averaging is a strategy in which investors divide an investment into multiple asset purchases over time, rather than investing the entire lump sum all at once. Dollar-cost averaging is a long-term strategy that takes the guesswork out of “timing the market.”
Fees
- There is a one-time 1.8% fee included in all buy and sell transactions.
- There is also an annual maintenance fee of 0.4%, or 40 basis points. This covers the cost of storing gold at the Royal Canadian Mint. The maintenance fee is charged semi-annually to your account.
- $50 delivery charge + $2 per bar charged buy the mint.
Taxes
- Vaulted allows investors to own physical gold with the same capital gains tax treatment as stocks. This may reduce your tax liability by 30-50% compared to other gold investment vehicles. (This is not tax advice. Consult a tax advisor on all tax matters.)
- Like other investments, you only have a taxable event when you sell. Taking delivery of your gold is not a taxable event.
