InformedTrades
Register as a Member
    Why join? See our testimonials.

Register Front Page See Today's Posts Site
Map
Free Trading
Courses
Shop
Front Page > InformedTrades Earn & Shop > Product Reviews Pro Coaches | Broker Matrix

 
Thread Tools Search this Thread Display Modes
Old 08-29-2011, 10:07 PM   #1 (permalink)
InformedTrades Founder
 
Simit Patel's Avatar
 
Join Date: Mar 2008
Location: informedtrades
Posts: 5,613

Thanks Stats
Thanks (Given): 734
Thanks (Received): 546

Hard Assets Alliance Review


ADDED September 5 2012:

Gold Bullion International, whose services I originally reviewed back in September of 2011 (scroll down to see original comments), is providing much of the back end to Hard Assets Alliance (affiliate link). They have much of the same deal that Gold Bullion International does, with the exception that they charge a minimum of $5,000 for delivery and $10,000 for storage. There is a 0.7% annual fee for gold storage and 0.8% fee for silver storage. You can request delivery at any time, and you can purchase 1/10th ounce coins of gold or 1 oz silver bars (platinum and palladium are also available in 1 ounce increments). Shipping costs can vary based on delivery size and location. They do offer delivery via armored truck for very large orders.


Prices are derived in real-time by sourcing by querying a network of precious metals dealers and delivering customers the best price they can. I haven't tried it myself so I don't know for sure, although I would expect prices to be reasonable and in line with the broader market.

Vaults are insured as well.

This is a service I really like, and with the price point that is lower than Gold Bullion International, I like it even more. Casey Research, an organization I admire greatly, is also involved in running and promoting Hard Assets Alliance, which gives them greater credence, in my opinion.

Click here to go to Hard Assets Alliance.

ADDED: September 16, 2013

I interviewed Ed D'Agostino, a general manager of Hard Assets Alliance, to learn more about how Hard Assets Alliance works and the gold storage business in particular. Unfortunately the video loses audio/video synchronization, but the audio content should allow for a worthwhile learning experience.


Coincidentally, Casey Research conducted an interview with D'Agostino of Hard Assets Alliance at the same time. See the video below.


ADDED: October 27, 2013

I opened an account with Hard Assets Alliance. Below is a review of the platform and the various features it offers. The $5,000 account minimum for storage has been waived; individuals can now store ounce of silver or 1/10th an ounce of gold (delivery still requires $10,000 worth of purchases).



*******

Original Review of Gold Bullion International, Posted August 30, 2011

Gold Bullion International

I am planning on opening an account with this firm, and moving some of my gold and silver there. It is another metals storage facility, similar to Bullion Vault and Gold Money with much of the same sales pitch (allocated, insured, assayed gold), although it is easier to get delivery from gold bullion international than from many others. the downside is that it costs noticeably more all around, and is less suitable for trading gold/silver ratio (which i like to do). the smallest increment available is 1 ounce; there are no purchases of grams.

i do like this added element of safety, and i am inclined to find the firm somewhat credible due largely to some of the members of its team, namely fund manager john hathaway. i also want to diversify a bit more.

if anyone here has used this company before and has any feedback (positive, negative, or neutral) i would love to hear their take.

__________________
My IT Blog | My Trading Bio | Google+
Simit Patel is online now   Reply With Quote
 
Thanks thanked for this post
Old 09-02-2011, 03:38 PM   #2 (permalink)
InformedTrades Founder
 
Simit Patel's Avatar
 
Join Date: Mar 2008
Location: informedtrades
Posts: 5,613

Thanks Stats
Thanks (Given): 734
Thanks (Received): 546

i called these guys and learned a bit more about them.

1. $25,000 minimum account opening
2. no electronic trading at the moment; phone only
3. trades can only be done during new york business hours

the representative i spoke to was very professional and sufficiently knowledgeable, and did not try to bully me into buying something. so that was good.

you can have a cash account with them. so, you buy gold, you can sell it, be in US dollars in your account with them for a while, buy silver in a different vault in a different country, etc. of course, the more active you want to be the better off you are in vehicles better suited for active trading, but bullion international has some structures in place to enable that if you ever need to.

i do like this company, but i prefer to have the bulk of my wealth in something more liquid. if i get wealthier and $25k becomes a small portion of my net wealth, than i think i would have an account with bullion international.

basically, i think it's a good service for wealthier people.
Simit Patel is online now   Reply With Quote
 
Thanks forexer, thanked for this post
Old 09-06-2011, 04:41 PM   #3 (permalink)
Dylan Chase
 
Posts: n/a

Thanks Stats
Thanks (Given):
Thanks (Received):

I called them too


Very professional. They are VERY different from Gold Money and BullionVault. With these guys you actually buy whole bars, not gold grams or pieces of a gold bar. I kind of like that notion. I never liked the idea of buying a piece of a gold bar via BV or GoldMoney....this is pretty unique.
  Reply With Quote
Old 09-06-2011, 04:49 PM   #4 (permalink)
InformedTrades Founder
 
Simit Patel's Avatar
 
Join Date: Mar 2008
Location: informedtrades
Posts: 5,613

Thanks Stats
Thanks (Given): 734
Thanks (Received): 546

two other interesting things about this company are that

1. they offer platinum and palladium as well in increments of one ounce
2. they have a vault in utah. london, new york, and zurich have become standards, although as utah recently made gold legal tender for its state, that's an interesting option -- doubly so if you're in a location where utah is closer than other options
Simit Patel is online now   Reply With Quote
 
Old 09-05-2012, 02:19 PM   #5 (permalink)
InformedTrades Founder
 
Simit Patel's Avatar
 
Join Date: Mar 2008
Location: informedtrades
Posts: 5,613

Thanks Stats
Thanks (Given): 734
Thanks (Received): 546

i just updated this review with some comments about hard assets alliance, which uses GBI's back end for its operations -- so they're very similar.
Simit Patel is online now   Reply With Quote
 
  




Tags
gold bullion international, gold dealers, vault storage

Help InformedTrades grow. Click +1 if you enjoyed this thread.

Register to Comment
Thread Tools Search this Thread
Search this Thread:

Advanced Site Search
Display Modes

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are Off



All times are GMT -5. The time now is 01:40 PM.


Creative Commons License

InformedTrades is dedicated to empowering traders with knowledge. Learn more about our mission statement, and our charity endeavors.

Powered by vBulletin® Version 3.8.5
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.3.2
vBulletin Optimisation by vB Optimise (Reduced on this page: MySQL 6.38%).
vBCommerce I v2.0.0 Gold ©2010, PixelFX Studios
vBCredits v1.4 Copyright ©2007 - 2008, PixelFX Studios