FAQ's

Cache Metals Frequently Asked Questions (FAQs):
 

Questions:

1. What is Bullion?
2. How do I open an Account with Cache Metals?
3. How do I Buy or Sell?
4. What Forms of payments does Cache Metals accpet when purchasing?
5. Can I take physical possession of the metals?
6. What is the minimum or maximum amount of metals i should have in my portfolio?
7. How is the price determined when I place a buy or sell order?
8. Are my prices locked in when i place the order?
9. What do I receive once an order has been executed?
10. What are the risks involved with purchasing precious metals?

     

Answers

1. What is Bullion?
   Bullion is a term used to describe any product produced from a precious metal whose value is determined almost exclusively by its precious metal content. Bullion is priced in conjunction with current market “spot” value plus a premium for fabrication and shipping costs.
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2. How do I open an Account with Cache Metals?
   Once you have spoken to a cache representative, download all appropriate account opening documents. Fill out documents and send to Cache via post, email or facsimile.
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3. How do I buy or sell physical gold, silver, platinum or palladium?
   Contact your Cache specialist, and place your buy and sell orders. Provided there is sufficient equity/funds in your account all orders will be executed immediately.
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4. What Forms of payments does Cache Metals accpet when purchasing?
   Cache accepts as payment; credit card, interac, certified cheques, money orders and bank wire transfers. For online orders, all payment options are available on the check out page of our online Precious Metals Store.
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5. Can I take physical possession of the metals?
   Yes. Provided all metals are paid for in full. You can take possession of paid for metals for minimal delivery charges.  
   We ship precious metals worldwide. You can also buy or pick up orders at our downtown Toronto Bullion Store. 
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6. What is the minimum or maximum amount of metals i should have in my portfolio?
   Cache Metals believes, depending on individual objectives, net worth and risk tolerance that there should always be 10-30% of an individual’s total portfolio value diversified in the precious metals market.
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7. How is the price determined when I place a buy or sell order?
   One can always purchase metals for the offer price, and sell their metals for the bid price. Open orders can be placed at any chosen level, but might not guarantee a fill. Speak to your cache specialist about the different order types. 
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8. Are my prices locked in when I place a bullion order?
   Yes, provided there is sufficient capital on account to fill the order.
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9. What do I receive once an order has been executed?
   Once an order has been executed, you will receive a soft copy confirmation via email or facsimile. Hard copy confirmation will follow same day via post.
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10. What are the risks involved with purchasing precious metals?
    Every type of investment contains various elements of risk. Because the value of precious metals can rise or fall quickly, investing in precious metals may not be suitable for everyone. Before investing in precious metals, one should have a firm grasp of the precious metals market, and have ample capital liquidity. Like all investments, before investing in the precious metals markets one should consult with their financial advisor.
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