Buy gold in Cameroon, we offer investors across Europe the opportunity to buy gold and silver bullion bars, diamonds, and coins. ? The Batouri area is located in the Adamawa-Yade domain in the East Cameroon region and has a high geological potential as a host for gold deposits. It is covered by thick forest where outcrops are sometimes scarce.
Before venturing into the business of buying gold and other precious metals in (Cameroon, Chad, the Central African Republic, Equatorial Guinea, Gabon, and the Republic of Congo) the seller or Miner needs to ensure that every transaction is done, certified and verified by the government through the Ministry of Mines especially when its comes to documents, Taxes, smelting etc, seller has the right to give the buyer genuine information without misleading or dishonesty like how the others are using fake Ministry websites to defraud investors, here at Bonasgold, we will protect your interested, your satisfaction is our priority.
Where to Buy Gold? The Best Place to Buy Gold In Cameroon
Where to buy gold?
Having chosen to invest, one of the next questions facing investors is where to buy gold? Research is everything. Investing in bullion is a decision that you wouldn’t take lightly and should be backed by your own research. Much the same, when it comes to selecting your chosen gold bullion dealer, research is vital. When investing your hard-earned money it’s important to feel comfortable and choose a reliable and trustworthy dealer.
Here at Bonasgold, we are often referred to and considered to be the best place to buy gold in Cameroon — and we work hard to maintain this reputation, but we believe it is important people come to that conclusion themselves. We advise you to consider the following when trying to find the best place to buy gold bullion:
Advantages of physical gold
You don’t need to be King Midas to understand why physical gold has long been the preferred store of value. It’s portable, divisible, and has had permanent worth throughout history. Gold is extremely ductile. You can shred it into thousands of pieces, yet it retains its real worth when the scraps are remelted. Roman coins recovered at the bottom of the ocean are as pure as the day they were struck 2,000 years ago. A gold coin is a gold coin, whether it was just minted or dug up out of the ruins of Troy.
Disadvantages of physical gold
The disadvantage of buying physical gold is that it comes with storage costs and risks. You have to keep it somewhere safe, which means either renting a deposit box from a bank or storing it at home somewhere hidden. Also, bank safe deposit boxes are unfortunately not as safe as many think. Authorities can easily seize deposit box contents with a bit of creative legal work.
Even if you don’t think this is relevant to you, there’s still another cost you have to factor in: insuring it against loss or theft. Many standard insurance policies don’t cover rare metals, so you might need to buy a separate rider. Also, when you buy gold coins or bars from a gold dealer, you have to pay a small premium over the spot price because the vendor has to cover his costs and make a profit.
How to store gold
If you’re buying physical gold, there are two ways of storing it. The first is to keep it in your own possession, usually at home. This is not always the safest option because your home could be burglarized or confiscated by the authorities. The second storage option is to use a custodian service to store your gold in a professionally-managed and insured vault. The cost of this service will depend on the size of your gold holdings and how often you want to access them.
- Storage at home: If you’re going to store your gold at home, it’s essential to take some basic security precautions. First, never tell anyone how much gold you have or where you’re storing it. Second, don’t keep all of your gold in one place. Divide it up and store it in different locations. Third, consider if a safe is the best way to protect your belongings. You can hide your belongings in less obvious places, like a secret compartment, a birdhouse, or a cavity in a piece of furniture. There’s no shortage of creative options.
- Custodian storage: If you decide to use a custodian service, there are a few things to look for when choosing a provider. First, make sure the company is insured. Second, check to see if the company has been audited by a third party. Third, find out where the company stores its gold and how often you can access it. Fourth, ask about fees and charges. Some custodian services will charge a fixed annual fee, while others will charge per amount stored.
Self-custody implies that you put your faith in yourself and your storage method. There is no third party, such as a bank, involved. This eliminates the fear of the government or other organizations seizing your gold. When you use a custodian, you must trust the custodian and the jurisdiction in which they operate. If you’re storing gold in another country, be sure you understand the political and economic risks involved. Ultimately, the best storage option is a personal preference.
Guarantees and Safety
What are my guarantees when buying gold and silver?
When you shop with us at BonasGold you enjoy complete peace of mind. We process over 30,000 shipments per year and customers rate us over 4.95 out of 5 stars. We offer globally insured shipping, a premium service, low prices, and 100% Delivery Reliability. In addition to providing investment-quality gold and silver coins and bars, we also offer free investment education in our blog, Visit us if you want to invest in precious metals.
