Firstgold for Unallocated Bullion Purchases?

Discussion in 'General Precious Metals Discussion' started by shilly20, Jul 13, 2014.

  1. shilly20

    shilly20 Member

    Joined:
    Apr 21, 2011
    Messages:
    71
    Likes Received:
    0
    Trophy Points:
    6
    Location:
    Australia
    Just wanted to know if any one had dealt with this company in Sydney?

    No I have no association with them at all what so ever!

    Have a new born and was looking at investing some of his money in an unallocated account either gold or silver. Have always known unallocated existed but didnt realise that bullion dealers make you buy a minimum of 1kg silver or 1oz gold. So at current prices I couldn't just invest $500 and buy from a site sponsor bullion dealer in Unallocated?

    It appears this company Firstgold has seen this gap and you can invest with them with no minimum meaning I could invest with just a little a month just like you would with a kid's bank account.
     
    shilly20, Jul 13, 2014
    #1
  2. whinfell

    whinfell Well-Known Member Silver Stacker

    Joined:
    Mar 22, 2012
    Messages:
    3,404
    Likes Received:
    120
    Trophy Points:
    63
    Location:
    Australia
    I've never heard of Firstgold.

    You might consider Goldstackers unallocated - their minimums are 1oz Ag, and 1gm Au.
     
    whinfell, Jul 13, 2014
    #2
  3. silver addict

    silver addict Active Member Silver Stacker

    Joined:
    Feb 11, 2011
    Messages:
    1,489
    Likes Received:
    19
    Trophy Points:
    38
    Location:
    van diemen's land
    silver addict, Jul 13, 2014
    #3
  4. House

    House Administrator Staff Member

    Joined:
    May 1, 2012
    Messages:
    9,708
    Likes Received:
    305
    Trophy Points:
    83
    Location:
    Stack City
    First time I've heard of them too, relatively new going on a Google search. ABN 39161105620 shows they've been around since Nov 2012.

    Also recommend GS unallocated.
     
    House, Jul 13, 2014
    #4
  5. Aurora et luna

    Aurora et luna Well-Known Member Silver Stacker

    Joined:
    Jul 1, 2009
    Messages:
    6,638
    Likes Received:
    2,483
    Trophy Points:
    113
    Location:
    Sydney
    I have dealt with this company on a regular basis for the last three years
    Everyone knows that I am not a fan of unallocated bullion, however I trust these guys. Very honest and reliable family owned company.
    They are the only bullion company that has ever offered to show me the gold stack that's backing their unallocated accounts and they are the only bullion company in Sydney that I would take a chance on buying unallocated gold; that's how highly I think of them.
     
    Aurora et luna, Jul 13, 2014
    #5
  6. sammysilver

    sammysilver Well-Known Member Silver Stacker

    Joined:
    Apr 7, 2011
    Messages:
    6,416
    Likes Received:
    1,301
    Trophy Points:
    113
    Location:
    Sydney
    There's always someone in the know on SS.

     
    sammysilver, Jul 14, 2014
    #6

Share This Page