MetalStream To Bypass Minimums, Convert To Allocated Quickly
Hard Assets Alliance is again demonstrating its commitment to being the precious metals best resource for acquiring and securely storing precious metals for wealth diversification and protection with the announcement of its Automatic Investment Plan (AIP) available shortly.
Ed D’Agostino announced to the public on our interview last week what had only recently been revealed to their business partners; that is a precious metals automatic investment plan whereby smaller investors can bypass the $5000 minimum investment.
Additionally, small and large investors can easily and conveniently dollar cost average sums small or large into the precious metal of their choice on a monthly basis via no-cost ACH Deposit.
Here Is How MetalStream Automatic Investment Plan Works
It might be best to describe the new Hard Assets Alliance MetalStream automatic investment plan in Ed’s own words.
With MetalStream, you can designate funds to be transferred by ACH into your Hard Assets Alliance account on a monthly basis. This can be as low as $250 a month (Note: $250/mo is “advertised” but it appear the actual minimum is $100/mo – {wink} ). When HAA receives that money they will, once a month, take all the funds that come in through the program and allocate those funds to the metal purchase designated by each MetalStream customer. For instance, all customers who desire one ounce Gold bars be purchased with their funds, they will take everyone’s funds and buy that exact amount of Gold bars for that month.
At that point, now your deposit is backed by Gold. (Essentially a pooled account until you have enough for a full bar, coin or whatever form you have designated. Not to worry, though, it’s fully allocated once you get enough to buy the physical metal which shouldn’t be long.)
Here Is The Key Difference To MetalStream vs Other AIP’s
Here is where HAA’s MetalStream is different. There are several programs (automatic investment plans for Gold) like that out there but none of them offer you affordable convertibility.
So what HAA does is when you get to the point where you’ve reached one bar, or two bars or however many you want, you can go into your account online (or by phone) and you can opt to have that converted to a whole bar, in your name.
When you do that it moves from being essentially a fractional pool program to being fully allocated physical Gold. So you have a bar(s) that becomes yours, it shows up in your account, you can place it into storage or you can take delivery of it. For no fee.
We’re (both the Hard Assets Alliance team and BuyAndStoreGold team) really excited about this since it gets rid of the fairly high minimum requirement that they to have in order to satisfy the dealer network, and it really takes another step towards democratizing precious metal ownership for the individual investor.
Now, does that sound pretty good or what? (Leave a comment below, please!)
Learn more about Hard Assets Alliance MetalStream automatic investment program
