Best precious metals company is Peter Schiff's Euro Pacific Precious Metals!

Socki75

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I recently purchased for precious metals. So as I’m sure everybody else does, I go online to check out the best prices. And I’ve purchased from Kitco, APMEX, Southern Coins and Precious Metals, Gainesville Coins and a whole host of others. But I had not found a company that I would want to constantly do business with. But then I was saw Peter Schiff on TV talking about precious metals and then I remembered doesn’t he have a precious metals company? He does, Euro Pacific Precious Metals.

Now I don’t know about you guys but I love Peter Schiff. His radio show is great, his newsletters are great (Gold Report and Global Investor) and most of all he is a die-hard Ron Paul supporter. He actually was Ron’s economic advisor on the 2008 Presidential campaign. So I decided to check out his company’s website (www.europacmetals.com). They do not have pricing on the website, no biggie, so I decided to give the office a call. And boy was I blown away! Everybody in there is just like me! Its small company but every senior broker in there is a libertarian who is a student of the Austrian school of economics like Ron Paul, Murray Rothbard and Peter Schiff.

The senior brokers are not your average salesmen. Everybody is extremely knowledge about the markets, the current state in Washington, and of course precious metals. The website says the minimum order per transaction is $10,000 but that is not true. Many of the senior brokers are extremely flexible and they would be willing to do about 3-5 K per order. But not only does the company provide excellent customer service, they have among the lowest prices in the industry! They blew APMEX prices of the water! And they can match and constantly beat all of their competitors’ prices. I ordered 110 silver maples and the payment process could not have been any simpler. You could send a bank wire, mail a check to their NYC office and go to your local Chase bank branch and simply deposit the check there. And they are more than happy to give their expert recommendations or simply just have a conversation about politics or the economy. I cannot recommend this company more highly, I finally found my company!
 
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Sounds like you work for him. A 4.5% sales load is kind of high though. Expense ratios are a bit above average as well. These costs can reduce your total returns.
 
I do not work for the company. I wish I did. Seems like the coolest job ever!
 
I would love to work for a company like Europac. The only type of financial institutions I'd feel good about working for is helping others escape the dollar.

EDIT: Also to the OP, your first post needs paragraphs. Hard to read. Thanks for the info regardless. Good to know. :)
 
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Sounds like you work for him. A 4.5% sales load is kind of high though. Expense ratios are a bit above average as well. These costs can reduce your total returns.

Curious what sort of mark-up he has on his coins (not shown on his site). At the recent close of $28.50 an ounce 110 Silver Maple Leafs would have $3135 worth of silver in them. Care to indicate what you paid? What about shipping costs? Thanks.

What does it matter? The bottom line is that the final price beats the competition.

(noticed an identical post at the Daily Paul).

How horrible! Posting the same message on two Ron Paul sites. Off with his head!
 
What does it matter? The bottom line is that the final price beats the competition.



How horrible! Posting the same message on two Ron Paul sites. Off with his head!

Does it? We don't know yet so I was asking. Just trying to see if it does beat the compeition. Site also lists minimum purchases of $10,000.

For comparison on prices (if we can find out how much Schiff is asking):

http://www.kiplinger.com/article/spending/T026-C011-S001-7-ways-not-to-buy-gold.html
APMEX: (OK) For purchases of one to 19 coins there is a 5% markup; for 20 to 99 coins it’s 4.8%; for 100 or more it’s 4%. You must open a free online account. You’ll pay $25 shipping for orders under $25,000; shipping is free if you buy more. Payment by check or wire transfer is preferred.

Read more at http://www.kiplinger.com/article/sp...ways-not-to-buy-gold.html#1o8oVdQzZmhAYsYe.99
That would make 110 silver Maple Leafs $3206.4 plus $25 shipping or $3285.40

If something sounds like an ad and is getting posted in multiple places it comes off as looking like spam.
 
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I paid just a shade over $3000. $25 for shipping. Shipping is free if you order 10 ounces of gold or 500 ounces of silver.
 
APMEX costs more. And I was just making sure I got the word out on both Ron Paul forums because some people only use 1 and not the other.
 
Thank you for getting back to us with the numbers. What percent did the mark- up over spot represent if you don't mind? "A shade over $3000" doesn't tell us much about that. I can understand not wanting to reveal an exact dollar amount you paid- just trying to learn the percentage he charges.
 
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and 110 silver maples on APMEX right is $3,500.20 not included $25 in shipping and insurance.
 
I was told the amount in dollars over spot rather than percentage... They buy on the open market at $1.80 over spot per coin and I got charged about $2.70 per ounce.
 
OK- we can calcluate. That helps. $2.70 an ounce is almost ten percent at $28.50 an ounce- current spot price. (9.5% actually). So shipping would be the same as APMEX but markup is nearly double. Thanks again for the figures.
 
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