No financial or investment advice
Nothing on this website or in an HT Bullion publication constitutes investment, financial, legal, tax, accounting, retirement, lending or securities advice. Examples are illustrative. You are responsible for evaluating whether any strategy is appropriate for your circumstances and for obtaining qualified professional advice where necessary.
Precious-metals risk
Gold, silver and other precious metals can decline in value. Physical bullion may involve dealer spreads, storage costs, insurance costs, verification costs, transportation risk, liquidity constraints and tax consequences. Past performance does not predict future results.
Borrowing and collateral risk
Borrowing against precious metals can magnify financial risk. Interest, fees, currency movements, changing collateral values, margin or collateral calls, forced liquidation, settlement failures and refinancing risk can result in loss of assets or additional cash requirements. Conservative loan-to-value assumptions do not eliminate these risks.
Custody and jurisdiction risk
Third-party custody and offshore ownership structures introduce operational, legal, regulatory, political, banking and counterparty risks. Laws, reporting requirements and tax obligations depend on the user's citizenship, residence, entity structure and other facts.
Third-party information
HT Bullion may discuss third-party institutions, services, products or practices for educational purposes. Terms, eligibility, fees, procedures and availability can change. Readers must verify current information directly with the relevant provider before acting.
Affiliate relationships
HT Bullion may receive compensation from selected third parties when a reader uses a referral or affiliate link. Where applicable, material relationships should be disclosed. Compensation does not change the reader's responsibility to perform independent due diligence.