Offers hedging opportunities to traders
Customers buy and sell gold, silver and other metals alongside their Apiary trading activitie
Apiary Fund announced today it is officially a dealer in metal bullion and offers its traders the opportunity to use the company's purchasing power to buy and sell precious metals – silver, gold, palladium, platinum, and others – to hedge their portfolios.
People interested in investing in metals should contact Apiary Fund directly. Each investor decides the volume of metal they want to buy and Apiary sells the physical asset to them at a slight premium over the spot market price.
"We encourage investors and our traders to consider buying hard assets such as metals to hedge against the volatility of paper assets found in many investment portfolios," said Shawn Lucas, CEO, and founder of Apiary Fund. "Our ability to purchase bullion in bulk allows us to offer metals at a better price than may be available at other locations."
Apiary Fund will also buy metals for its own inventory from its traders.
"As we deal more and more in metals, we foresee a day when we are buying and selling metals a majority of the time among our thousands of traders," said Lucas. "This provides a strong hedge for our traders as well as the Apiary Fund."
For more than a year, Apiary traders traded metal contracts. Today they can buy and sell physical metals. The transaction adds shipping costs of the metal to the buyer’s location.
Apiary Fund points out three key reasons to consider investing in metals:
Apiary Fund buys and sells in the spot market. As an institutional fund managed by thousands of traders around the world, Apiary employs the same hedging strategies and techniques it teaches its traders. Apiary traders use the purchasing power of the Apiary fund to get better pricing.
About Apiary Fund
Located in Orem, Utah, Apiary Fund is a private company that develops traders and gives people the opportunity to seek the freedom of flexible income by trading with our money. Through technology and education, we empower our traders to work toward their path to success. http://www.apiaryfund.com/