PMDP Vs PMCP for circa 300k?

Discussion in 'General Precious Metals Discussion' started by thatguy, Aug 27, 2011.

  1. thatguy

    thatguy Active Member

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    Hi have used google and the search function, but no joy.

    Any input welcome

    TIA.

    Am leaning towards PMDP

    Aim is wealth presevation and access to transfer to physical is also important
     
    thatguy, Aug 27, 2011
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  2. goldpelican

    goldpelican Administrator Staff Member

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    PMDP Vs PMDP? PMDP...

    I assume you meant Certificates vs Depository. I don't know of any compelling reason to use Certificates - they seem more aimed at overseas investors who can deal with a local agent.
     
    goldpelican, Aug 27, 2011
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  3. thatguy

    thatguy Active Member

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    oops yes corrected. typing one handed with baby in the other hand :)

    Yes I cannot see why PMCP. It it the fact that the cirtificates are physical?
     
    thatguy, Aug 27, 2011
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  4. bron suchecki

    bron suchecki Active Member Silver Stacker

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    PMDP is cheaper as no certificate, plus quicker to get your money back as no wait by us for your certificate (we won't pay until we get it). PMCP only if you really want a nicely printed physical piece of paper rather than a trade confirmation and statement from PMDP.
     
    bron suchecki, Aug 28, 2011
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