How to invest in commodities
by Admin
Posted on 20-08-2022 01:37 PM
Contracts on commodities are traded by investment banks principally in the energy (electricity, natural gas, and oil) and metals (
precious
metals and base metals) sectors. A number of investment banks trade physical commodities as well and even own energy production facilities. Clients buy and sell financial contracts on commodities in order to hedge risk positions arising in the regular course of business (airlines, distributors, industrial companies, producers, refiners, shipping companies, and utility companies) or to invest in or trade them as part of an investment portfolio (funds and high net-worth individuals). David p. Stowell, in investment banks, hedge funds, and private equity (third edition) , 2018.
How We Make Money.
The perth mint only accepts cashless payments. It does not accept payment by cash, cheque or money order. Download and complete ‘bullion and jewellery transaction form’ before coming to the perth mint with the following original id documents:
your current driver’s licence, passport or proof of age card
a utility bill (electricity, water or gas) less than three months old with your name and current residential address displayed
details of your banking institution, including bsb and
account
number
if correct identification is not provided, the sale will not proceed. Alternative id documents are required when selling bullion as a representative of a company, smsf, trust, other corporate body or for a third-party.
You will receive an invoice by email when you place your order. Payment instructions are located at the bottom of the invoice. You are locked in to a price the moment you place your order, and all orders are final, per our terms and conditions. For orders not placed by credit card, we request payment within one business day. (if paying by check, mailing within one business day via regular post is sufficient). We recognize that certain customers might need additional time for various reasons, such as rolling money from money market funds, etc. Please call or email us to request an extension.
I felt that after reading this book i had purchased a gold mind. Ron explains and gives the details of a profitable and quick transacted simple business. Being a locksmith by trade i understand the beauty of making your money fast then getting out of there. Where this business rules supreme, it does not require you to be on call all the time. In his book he gives his email address for any questions you my have. I did have a few, an he responded with very detailed and complete answers. It is obvious this is a business that he has done very well with.
For the purposes of this chapter, unless the context requires a different meaning: "coin" means any piece of gold, silver or other metal fashioned into a prescribed shape, weight and degree of fineness, stamped by authority of a government with certain marks and devices, and having a certain fixed value as money. "dealer" means any person, firm, partnership, or corporation engaged in the business of (i) purchasing secondhand precious metals or gems; (ii) removing in any manner precious metals or gems from manufactured articles not then owned by the person, firm, partnership, or corporation; or (iii) buying, acquiring, or selling precious metals or gems removed from manufactured articles.
How we make money
Perhaps the most critical question you should ask yourself when thinking of how to sell silver or gold is how you’ll receive your payment. Are you looking to liquidate in a hurry and get an instant payment, or can you wait a little while longer to realize a higher premium on your coins or bars? your urgency to sell will eventually determine which type of buyer you’ll pick. For instance, pawnshops may pay you immediately, but you’ll get a worse price for your items than if you chose to use an auction, which could take time to give you your money.