Buying Precious Metals

    Published: 06-16-2009
    Views: 12,259
    Michael Maroney, Vice President at Monex Deposit Company, discusses the different types of gold and silver that you can buy.

    Michael Maroney: Hi! My name is Michael Maroney. I am the Vice President at Monex Deposit Company and our conversation today will be about the different types of gold and silver that you can buy.

    The first thing we will talk about today is how gold and silver are priced and sold in the market place, how to get the best products for the best prices and what pitfalls to watch for. We will also be talking about the various types of gold and silver products you should consider owning from bullion bars, to bullion coins and the reasons for buying each one.

    Finally, we will be talking about why you should be very careful, what you buy, how you buy and from whom you buy. Before we begin, let me tell you a little bit about myself and Monex.

    I have been working in the financial industry for over 30 years and I have been a precious metals trader for the last 20 years here at Monex. Monex is America's trusted name in precious metals for over 40 years and we have done over two billion dollars worth of two way business on average for the last 6 years.

    So let's get started understanding the different types of gold and silver investments that are available to you.