Argentor offers you the possibility to store (part of) your investments in gold on a control account. The gold you buy through the control account is allocated by Argentor as part of a larger amount of gold in several high security and fully insured vaults, property of Argentor Essayeurs, or other reliable and reputable third parties to whom Argentor gives the gold in custody. That way you needn't worry about pick-up and storage yourself. While your gold is being stored for you, you can rest assured that your investment is in safe hands.
One on one
The total amount of gold allocated on the control account always coincides with the amount of gold stored in our vaults. This one on one ratio is maintained continuously and forms a fundamental part of our strategy. We merely store the gold for you! Therefore the balance of your control account represents the amount of physical gold in our vaults at all time. Consequently, your balance can never be negative hence we are not a bank lending credit to our clients.
Advantages of the control account
The premium you pay for buying gold through the control account is significantly cheaper than the ones you pay for buying gold bars or coins. You buy gold on the control account at the actual gold rate +1% and you sell gold at the actual gold rate -0,5%. That's because there are no additional expenses, such as transport and production, to be made. Furthermore, we do not charge administration fees upon trading on your control account and the storage costs are equally free of charge.
Hence Argentor merely provides the storage of your gold, you always have the right to reclaim it. Generally it takes 1 to 2 working day(s) to put this transaction into practice. In case of a conversion into physical gold, we will first buy the amount you wish to convert at the fee mentioned above (actual gold rate -0,5%) and then sell the bars or coins of your choice at the corresponding premiums. The difference between these two transactions will be the amount you have to pay/ get reimbursed for the conversion into physical gold.
Last but not least you manage your investments completely online. That way you are able to buy and sell 24/7, from anywhere in the world. Administrating your portfolio will be as simple as a click of a mouse.