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Woodland Hills chamber of commerce

Our financed precious metals investment program is in accordance with the new federal regulations as set forth in Congressional Bill HR4173, The Dodd-Frank Wall Street Reform and Consumer Protection Act.




 

Welcome to LBCGOLD

Our financed precious metals investment program gives you the ability to turn a $20,000 dollar investment into a $50,000 dollar account to start. As metal prices increase, so does the expanded value of your account. It’s a very simple program that offers exceptional possibilities.

With our unique investment program you can own physical gold, silver, platinum and palladium by simply opening your account with an initial deposit. You will own the underlying physical precious metal and can sell it at a moments notice, then take delivery when it is paid in full. You are not buying futures or options on futures contracts.

Contrary to what you might think about precious metal investments, they are 100% liquid and may be sold at a moments notice! Precious metals prices are quoted, minute-by-minute, daily, during market hours meaning they can be bought or sold at your convenience. You can use our financed investment program to free up much of your investment capital for other purposes. A $20,000 dollar initial deposit will finance as much as $50,000 dollars of working capital to purchase the metal of your choice.

 This financing program is very similar to making a down payment on a home , but   no monthly  payments are required.  Simply make an initial down payment equal to 40%  of the total metal value  and the balance is financed. A maximum commission of  15%  of  the total metal value represents our costs, administrative fees, and full advisory service benefits for a five year period during which you pay no further commissions or fees on that metal purchase. Five years is the maximum term of the account.  All you have to do is keep the equity in your account above 12%. If the equity ever falls below  12% we only require you to bring it back to a  15% level to maintain a reasonable equity-to-loan ratio.  LBC will attempt to contact you if your equity diminishes to below 17% because of adverse market conditions. ( if this is during normal business hours ) You would be advised that your equity is being diminished and do you want to add funds to your account to protect your position. This is your decision alone.

LBC  arranges to hold your metal in storage at an authorized depository and actual, physical delivery in it’s intirety, is made within 28 days from the date of purchase.  You receive a deposit receipt  (receipt of title) from the depository for each purchase.  This is much like a brokerage house holding the stocks you own. Most stock market investors do not take delivery of  their stock certificates when they buy shares in  a company.  They are kept in your name at the brokerage house  where you have your account.  Reason being, it becomes very cumbersome to liquidate your shares when you want to sell, if you have the certificates in your possession.  If you see one of  your stocks increase in price  and you want to sell it, you may  have to first send your certificates to the brokerage house; they would then have to be authenticated  , sold, and   the proceeds credited to your account.  This can take several days.  By that time, your stock may no longer be at a desirable selling price.    

Even much more the case with physical precious metal. If you take physical delivery of the metal and then later decide you want to sell it, you have to ship or carry it to a dealer in order to do that . Before it can be sold it may have to be tested for purity. This can take several days and the market may no longer be at a desirable price for selling. There is one other unique problem…precious metals, especially bullion, are not exactly “light weight”. The shipping cost can be a bit expensive depending on how many ounces you plan to sell and where you want it shipped. The solution is for a secure, recognized depository to take custody of the metal and hold it on your behalf. That way you can sell it at a moment’s notice, based on how the market is moving. The real power of this program is seen by comparing the numbers below.

Cash Purchase Example:

$20,000 dollars cash investment buys 500 ounces of silver @ $ 40.00/oz.
$20,000 dollars cash investment buys 13 ounces of gold @ $1,500.00/oz.

Financed Purchase Example:

$20,000 dollars financed to $50,000 buys 1250 ounces of silver @ $40.00/oz.
$20,000 dollars financed to $50.000 buys 33 ounces of gold @ $.1,500.00/oz.

 

 

Current News

  3/16/2012 -  March 9, 2012 Warning: The following article contains data that some might find shocking. While the figures are grounded, they are not necessarily forecasts. Since 1687, the gold-to-silver ratio has ranged from 14.14 to 99.76 (see chart below). Over
  3/5/2012 -  Toronto-(Kitco News) Gold prices still have further room to rise as more bullish reasons than bearish reasons give the yellow metal support, said a leading Canadian economist on Sunday. Martin Murenbeeld, chief economist for DundeeWealth, said his f
  10/19/2011 -  By Lewa Pardomuan and Rujun Shen SINGAPORE | Tue Aug 2, 2011 2:39pm (Reuters) - South Korea's first gold purchase since the Asian financial crisis shows that the official appetite for gold remains intact in the face of record prices, as a shaky globa
     
     
Woodland Hills Chamber of Commerce Industry Council for Tangible Assets