While many dealers of precious metals have their roots in the US, spotting such firms overseas can be challenging. Indigo Precious Metals, a Singapore-anchored precious metals dealer, caters to an international client base. They leverage Singapore's distinctive tax laws, providing their customers with tax-free storage facilities within the nation.
Now, tax-free storage sounds enticing. But is Singapore genuinely the most advantageous choice? And how does Indigo Precious Metals measure up against leading international rivals in the field? We've delved into all that Indigo Precious Metals brings to the table.
Indigo Precious Metals is a Singapore-based international dealer of valuable metals, taking advantage of the country's status as a tax shelter. What sets this company apart from many competitors is its primary mission to provide tax-efficient storage solutions for global clients. Singapore's flexible offshore asset storage aligns with any governmental declaration necessities you may have.
Since its inception in 2014, Indigo has been under the stewardship of David Mitchell, a specialist in precious metals who synergizes his career with financial analysis. His capacity to dissect and elucidate various worldwide market dynamics has earned him wide acclaim.
Their client base spans the globe, with IPM offering investment-grade precious metals at a low premium cost. Each client is privy to crucial advice on asset protection against taxes, economic downturns, and other instabilities. Whether you're a novice or a seasoned investor, the firm aims to simplify and democratize precious metals investment.
IPM has an online eCommerce platform facilitating purchases in the online marketplace. For those who need clarification on their investment choices, the firm's specialist team is just a phone call away, ready to offer tailored advice to match your investment aspirations and requirements.
Secure credit account consultations ensure the privacy of your information as you explore prospects and compile your order.
IPM's reputation as a dependable worldwide dealer of precious metals is widespread. With offices across three countries, they've built a strong reputation in each location. Their network enables them to cater to a diverse range of investors, from high-net-worth establishments to individuals with modest retirement savings.
The company's low premium pricing attracts clients, but their valuable advice keeps them. IPM's experts can craft an investment portfolio that optimizes your assets while securely investing in suitable precious metals. They'll outline the risk associated with various options, assisting you in making the best decisions.
A diverse product selection awaits you on IPM's website, including the standard gold, silver, palladium, and platinum. However, their product range sets them apart from most competitors by including Rhodium.
IPM provides an intriguing investment possibility with the sale of rare earth metals. While not traditionally seen as precious metals, these are chemically significant metals integral to various manufacturing sectors.
For instance, these metals play critical roles in electronics such as computers and phones, orbiting satellites, power sources like batteries, and even alternative energy solutions like wind turbines. Rare earth metals are likely integral to any modern technology you fancy.
These "rare" earth metals are not as scarce as precious metals. They are abundant on Earth, but their rarity stems from the challenges involved in their extraction. Acquiring them often involves risky endeavors.
IPM advocates incorporating rare earth metals as a minor element in your strategic metals investment scheme. Despite their affordability, they hold the potential for appreciating value as demand escalates. As with precious metals, secure vault storage is available for these metals.
Currently, the following rare earth metals are up for grabs:
Since many of these metals are not classified as rare, investment is feasible with just a few dollars. Those fond of collecting interesting geological specimens might find this an intriguing opportunity.
As highlighted earlier, Indigo Precious Metals emphasizes offshore storage of their client's assets. Operating in Singapore, a tax sanctuary, allows you to house your precious metals in their secure vaults without any obligations to disclose them to your government. The nation enjoys political stability, and the storage facilities have state-of-the-art security measures.
The storage units are fitted with the latest advanced security technology. Seven days a week, round-the-clock surveillance by armed personnel ensures unflinching security. Comprehensive body scans are in place to detect any attempts at concealing identities or weapons. The vaults feature remote access doors to ward off potential intruders. In case of power failure, backup systems are in place.
Indigo Precious Metals aims to instill complete confidence in every client about the safety of their assets. The utmost level of discretion and privacy is maintained for all clients. If you have any holdings in IPM's vault, the management is committed to preserving your private information.
The facility, located in Freeport's free trade zone, allows the transaction of precious metals completely tax-free.
Though the Singapore Vault is an excellent choice for individuals seeking tax-free offshore storage, other options are available. IPM also operates additional storage units in Sydney and London, though only a few are in North America.
This is possible for residents of Australia or the UK seeking to invest with a company providing a nearby vault. The UK and Australian lockers allow purchases directly, potentially reducing shipping durations. However, bear in mind these options might make you subject to taxes.
IPM caters to customers worldwide. International shipping is available if you prefer having your metals at your residential address instead of in vault storage. The company dispatches to Canada, the United States, South America, Europe, Oceania, Australia, and Asia.
Holding precious metals at your home is only sometimes suggested. A secure facility is far safer. Also, import taxes and additional charges may apply depending on your location when the metals pass through customs.
Regardless of the destination, the package will be fully insured to the value of the items. Should it get lost in transit, you're assured a refund.
The firm ensures admirable clarity regarding its price structure. On accessing their website and perusing the catalog, you are privy to the real-time pricing of each item. This is perpetually updated by a pricing algorithm that tweaks values based on fluctuations in the global market.
Financial future projections data influence this pricing. Every three minutes, the algorithm re-calibrates, causing a refresh in the prices. This continuous updating proceeds as you shop. Upon checking out, you'll encounter the final cost, which could have deviated from when you added it to your cart.
This approach prevents any surprise costs for customers. Your price gets fixed only upon confirming your purchase.
The firm has clarified that its weekend pricing surpasses the regular pricing slightly. They append a premium to the last known price on Friday. This anticipates the unpredictability of the market with the onset of a new week.
Given the premium nature of their products, neglecting this would risk initiating the week with sales at a loss. Their profit margins are narrow. This premium is only a weekend feature. Thus, weekday purchases needn't worry about this extra cost.
When the Sydney market springs to life on Monday mornings, average pricing is restored, sparing you the premium cost.
The firm has also shared insights into the liquidity of precious metals at specific times. Their algorithm is designed to scrutinize these factors and adjust prices as needed. Higher demand could inflate prices, while lower demand could push prices down.
The firm has a strict policy against cancellations post-purchase confirmation. This is attributed to the risk they assume in locking in the price and accepting customer payment. Should a customer renege due to a dip in price, it results in a loss for the dealer.
Upon confirming a purchase, you must forward your payment and accept the precious metals. Those desiring to cancel their orders must purchase their metals and sell them back to IPM, likely at a loss. The firm is very clear about this policy to prevent any hasty decisions.
The option to sell back is available on the website for clients with metals housed in Singapore or London vaults. This is exclusively for existing IPM clients. The firm does not buy back metals from non-customers.
Indigo Precious Metals stands as a trustworthy entity, far from being a fraud, exhibiting an influential global presence. Testimonials from third-party platforms echo the commendable customer experiences, indicating their high level of satisfaction.
The affirmative customer responses signal the company's dedication to its objectives. They facilitate top-notch storage and shipment choices and bestow knowledge that makes clients feel confident and informed.
The company holds a 5 out of 5 stellar rating on Facebook, reflecting an overwhelmingly positive customer perception. They enjoy a strong reputation on Feefo too. The scarcity of reviews on platforms like Trustlink could be attributed to IPM's geographical base in the Philippines.
Undoubtedly, Indigo Precious Metals has proven to be a reliable firm. They firmly adhere to their guiding principles and have established an impressive reputation that attests to them. Their storage vaults are strategically located across Singapore, Australia, and the UK, earning them a commendable standing in the precious metals markets of these countries.
This might be suitable if you explore investing your wealth into tax-exempt storage. Precious metals serve as a buffer against inflation, ensure stability amidst stock market fluctuations, and hold potential for growth with relatively minimal risks.
Nonetheless, there are certain aspects to consider before making an investment decision.
Firstly, the firm does not offer any precious metals IRAs. Since IRAs are essentially an American concept, IPM does not engage in the complex realm of US tax regulations. Therefore, if your goal is to open a gold IRA and invest using your retirement funds, opting for a specialized firm would be wiser.
Another factor is the shipping distance if you purchase from an international vault. This might be fine if you reside in the same country as the vault. However, you'll be accountable for tariffs, taxes, and other customs charges upon the arrival of the metals.
Hence, a comprehensive understanding of your country's import regulations is recommended before procuring valuable assets abroad.