Purchase Precious Metals Online Through PFG Precious Metals: Bullion Cart for Coins and Ingots

        Print
| Source: PFGBEST

CHICAGO, March 6, 2012 (GLOBE NEWSWIRE) -- PFG Precious Metals now has a website through which more than 50 precious metals products can be purchased directly by investors or dealers.

It's called the PFG Bullion Cart (www.PFGBullionCart.com.)

Log on to purchase gold, silver, platinum and palladium coins and ingots. It's open 24 hours a day 7 days a week so that global investors (retail to dealer to institutional level market participants) will have the benefit of availability in their time zone. PFG Precious Metals, Inc. is a division of parent company PFGBEST, which developed a spectacularly successful price aggregating system for precious metals, called Typhoon.

Many of the world's largest banks are part of the Typhoon system for aggregating liquidity – bringing together and sorting the best bids and offers on gold, silver, platinum and palladium from the largest precious metals dealers.  Through Typhoon, PFG Precious Metals can ensure straight-through processing of metals purchases and trades so that all orders are automatically matched to the best available bid or offer without going through a dealer desk.

Peter Thomas, director of PFG Precious Metals in Chicago, said, "This model ensures efficient, transparent price discovery and order execution for those wishing to price and/or purchase gold, silver, platinum and palladium in various forms and for various weights and quantities. The depth of liquidity that the institutions bring to the Typhoon Metals pricing system is testimony to the technological advantages Typhoon offers to all market participants seeking to mitigate price risk associated with buying or trading precious metals."

All purchases are automatically hedged through the platform to instantaneously lock in the customer's price and are competitive with all e-commerce for precious metals bullion in coins, ingots, and bars.

In addition to offering the website to consumers and dealers, PFG Precious Metals has been able to white-label the PFG Bullion Cart to the parent company's global network of brokers and sales divisions representing thousands of clients who trade or participate in markets including foreign exchange, managed accounts, futures, options, and more. PFG Precious Metals would control the inventory, risk, pricing, and fulfillment.

Along with specialized pricing and acquisition capabilities that are now expanded to include online sales through the PFG Bullion Cart, the PFG Precious Metals division can ship as well as insure customer purchases through Lloyds of London, and it can arrange for storage as needed in government-approved facilities. PFG Precious Metals is a member of the Certified Coin Exchange, a dealer-to-dealer exchange connecting more than 450 coin dealers in the United States. It has metals programs for Qualified IRAs, and it also runs the Gold and Silver Accumulation Program (GSAP), developed for people who wish to acquire precious metals assets and hold them in their portfolios.

Please visit www.PFGPreciousMetals.com to learn more about the company and its products, as well as to learn more about the Typhoon Metals trading environment.

PFGBEST (www.PFGBEST.com) is a rapidly-expanding global financial services and technology firm, specializing in electronic trading, futures, forex, options, managed accounts, research, precious metals, and investor education. By offering a diverse suite of products in multiple asset classes, made available by knowledgeable and courteous service experts, PFGBEST helps customers have a more sustainable and more satisfying experience in trading and investing. PFGBEST is celebrating its 20th anniversary as a registered Futures Commission Merchant (FCM).

Media Contact: Patricia Campbell
 312-775-3411