Monetary and Gold FAQs

Questions and answers about American Eagles, gold coins, silver coins, and platinum coins.
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mjpm.com
serving the USA since 1985

Sales & Orders Only - Toll Free (800)279-4337
Questions: (541)753-4337

8:30am-4:00pm Pacific Time
Questions? email michael@mjpm.com
425 S.W. Third Street, Corvallis, Oregon 97333


The stability of a large segment of our Federal Monetary system is dependant upon a healthy National Treasury and a vibrant economy. What would happen to our bank accounts and financial investments if our current monetary system was ever to suffer a scenario of financial chaos...or the Fed. dollar inflating philosophy failed? One can and should seriously consider preparing themselves in advance by converting a portion of assets into a combination of gold coins and precious metals (gold bullion).

We, at mjpm.com, have organized some of the most frequently asked questions concerning investing in gold coins and rare coins to hopefully provide some answers that you may have prior to making an order. Possesion of precious metals and gold coins is only one of many critical steps in preparation for any type of monetary, banking, or financial crisis.

What are precious metals?

For simplicity, we shall regard " precious metals" as gold, silver, platinum, and palladium...in the form of coins, bars, or ingots.

What is "bullion"?

Just another term for "precious metals"

Why should I buy gold/silver?

Precious metals may not be for everyone! We recommend precious metals only to those who can AFFORD to be prepared and are not concerned about earning interest on every investment dollar. Precious metals do not pay interest or dividends in the traditional sense, but they do offer monetary security because precious metals are:
    1. instantly liquid (NOTE: all precious metals products sold by MJPM Inc. are easily liquidable on the National and International markets).
    2. gold coins can add diversity and liquidity to a portfolio weighed down with paper assets
    3. a convenient and popular tangible asset
    4. an excellent balance to your portfolio
    5. desired - wars have been fought over gold and silver
    6. a store of value weighed against inflation (gold has traditionally kept up against the wrath of inflation).

How will owning gold, silver, and/or rare coins help during financial chaos?

Many experts believe that when a monetary or financial crisis occurs, America's banking system may well collapse or be suspended temporarily, leaving people without any means to participate in daily commerce ( such as paying your bills or going to the supermarket).

Whether this comes to pass or not...this relates back to whether or not you can afford precious metals...those who live from check to check...probably won't have to worry about it...

However, those Americans who have personal wealth, income, a desire to maintain their level of financial stability, security and very importantly, a family of loved ones, can not risk being caught in a monetary crisis without owning a combination of gold coins and silver bullion!!! (You are buying gold, silver, or rare coins because of the aforementioned reasons and because YOU CAN AFFORD to be prepared!)
    PRECIOUS METALS... GOLD... SILVER... PLATINUM... ARE YOUR SAFETY NET IN TIMES OF CRISIS!!!


POPULAR PRECIOUS METALS QUESTIONS


What size/denomination of gold bullion coins should I buy?

We recommend that you buy an assortment of the fractional gold coins, such as the 1/10 ounce, 1/4 ounce, and the 1/2 ounce gold coins. Extremely large holdings should contain the 1 ounce coins and a combination of $10 and $20 pre 1933 U.S. gold coins for major financial storage (also see rare coin investments).

Who makes the gold coins?

Many countries from all over the globe have active gold/silver bullion programs. The U.S. Government makes American Eagle gold coins and American Eagle silver coins. You can purchase these at mjpm.com.

What kind of gold and silver coins do you recommend?

At mjpm.com we advise our clients to buy American Eagles! The American Eagle program is one of the most aggressive programs in the world and the Eagle is recognized in most all countries in the "modern" world (making it instantly liquid for cash if necessary).

What are American Eagles?

The United States Treasure developed the American Eagle coin program in 1986 to be competitive in the worlds precious metals market. The Eagles are struck at the mint in gold, silver and platinum...in coin form to make them acceptable in commerce. The American Eagle program is the largest, most recognized, and most successful program in the world! BUY AMERICAN!

How do I sell my gold?

Check out our mjpm.com website...you will have live/active buy/sell spreads and prices posted daily for your convenience of tracking your holdings as often as you like.

Do you report our transactions to anyone?

There is no reporting of transactions when you buy precious metals, rare coins or paper money. All transactions are held in strict privacy as allowed by State of Oregon and Federal laws.

Are transactions reportable when I sell?

Be sure and check with your accountant to help you with this. In many cases the transaction is reportable...but quantities vary to qualify as reportable (check with your accountant or call MJPM for more more details). American Eagle's are exempt from reporting if quantities do not exceed a commodity contract volume (100 - one ounce coins). Again, be sure to call MJPM or check with your tax adviser.

If you have questions?

Please email us at michael@mjpm.com - or call us at 1-(800)-279-4337 for more assistance. Thank you!

Click for home page of MJPM.com

mjpm.com
serving the USA since 1985



PRECIOUS METALS IRA    HOW TO GET STARTED

     Choose the custodian/company that will hold your precious metals in your I.R.A. account wisely. In short, choose one that has a national reputation among custodians for providing the best customer service and experience.

     Consider choosing a well-managed smaller company with at least 25 years of industry experience, low annual fees, and has maintained a long term lease agreement with a nationally recognized Depository for their storage.

     We also recommend choosing a company where your phone call can be placed directly to the desk of an account representative. We trust billions of dollars to financial institutions and these companies should provide direct numbers to an account representative. Those that do make the best choice. There are a few companies that provide this terrific customer service. Give us a call here at MJPM and we will be happy to direct you to them!

Call Michael direct at   1-800-279-4337


WHAT ARE PERMISSIBLE PRECIOUS METALS FOR MY IRA?  New legislation took effect in 1998 allowing gold, silver, platinum, and palladium products that meet a set fineness standard.

GOLD

    1. American Gold Eagle coin
    2. Pamp Suisse and Credit Suisse Bars .999
    3. Canadian Maple Leaf gold coin
    4. U.S. Buffalo Uncirculated gold coin (no proofs)
    5. Austrian Philharmonic gold coin
    6. Australian Kangaroo/Nugget gold coin
    7. 1 oz. gold Bars and Rounds (.995+) fineness standard

SILVER

    1. American Silver Eagle coin
    2. Australian Kookaburra silver coin
    3. Austrian Silver Philharmonic coin
    4. Silver Canadian Maple Leaf coin
    5. 1 oz. silver Bars and Rounds (.999+) fineness standard
    6. 100 oz. Johnson Matthey or Engelhard silver bars

PLATINUM

    1. American Platinum Eagle coin
    2. Canadian Maple Leaf platinum coin
    3. Australian Koala platinum coin
    4. Isle of Man Noble platinum coin
    5. Platinum Bars and Rounds (.9995+) fineness standard

PALLADIUM

    1. 1 oz. Palladium Bars and Rounds (.9995+) fineness standard

WHERE DO I BUY THE PRECIOUS METALS FOR MY 401K/IRA RETIREMENT PLAN?

FROM MJPM!   YOUR SOURCE FOR PRECIOUS METALS AT VOLUME DISCOUNT PRICES SINCE 1984!

Call Michael direct at   1-800-279-4337

THE MECHANICS OF FUNDING YOUR IRA WITH PRECIOUS METALS


  • Open and fund a precious metals account with the trust company of your choice.

  • You will be sent/faxed an account directive that you will assign a precious metals company to purchase your metals from.

  • The precious metals company will prepare an estimated cost for the products you select based on the amount of funds you wish to invest.

  • Your trust company will wire your funds to the precious metals company to buy your metals. Upon verified collected funds the precious metals company mails your coins to the trust company for storage.




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    Sales & Orders Only - Toll Free (800)279-4337
    Questions: (541)753-4337

    8:30am-4:00pm Pacific Time
    Questions? email michael@mjpm.com
    425 S.W. Third Street, Corvallis, Oregon 97333

    Owning precious metals is your insurance cost of securing your families financial future! Order today!

              


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