Dear Friend,
You are part of an elite few.
Precious metals are still an obscurity in America, with only 1% of the public owning even a single ounce of physical gold or silver.
In the coming years, however, we foresee ongoing deficits, inflation, global conflicts, and rising mistrust in the financial system driving more and more of our fellow citizens into ownership of gold and silver, even as many on Wall Street (with their conflicts of interest) ridicule folks for doing so.
Priced in continually debased Federal Reserve notes, gold ended the year at all-time highs. Yet naysayers abound.
That's why, quite frankly, you and every other person reading this should be congratulated... you are an independent thinker and remain very much ahead of the curve.
Money Metals' original office in 2010 was on the second floor of the Historic Eagle Hotel.
Meanwhile, the end of the year is a good time to reflect on the past... and look toward the future.
In 2010, our family-owned business started with a single employee working on the second floor of the tiny Eagle Hotel, a historic building that had been converted into boutique business offices.
Several moves later and today topping 100 employees, Money Metals is now one of the largest employers in Eagle, Idaho (a Boise suburb) – and we have repeatedly been named the nation's Best Overall online dealer by Investopedia, a global financial advisory.
This coming Spring, we'll be moving into Money Metals' new 37,000 square-foot facility... a customized, freestanding building that's expandable by another 20,000 square feet as our needs evolve in future decades.
Built from the ground up and incorporating state-of-the-art security technology, Money Metals' new facility will be THE LARGEST precious metals depository in the Western United States – BY FAR.
In fact, the Class 3 vaults inside our new facility total more than TWICE of all vault space within the U.S. Bullion Depository at Fort Knox!
I'm humbled and truly grateful that precious metals investors in America have responded so positively to our way of doing business.
Across the street from city police and firefighter headquarters as well as the county sheriff's department, Money Metals Depository will be by far the largest such facility in the Western U.S.
While there are many opportunities for our company to expand and improve, we're making meaningful progress in promoting sound money across America while fostering greater public understanding of – and access to – physical gold and silver.
We remain laser-focused on providing white-glove customer service coupled with great pricing to everyone who wishes to buy, sell, store, or borrow against precious metals.
Money Metals also offers a growing array of value-added services, such as IRAs, automatic monthly savings plans, market news, and educational content.
And finally, we're proud to be the leading advocate for the interests of not only precious metals investors but all Americans when it comes to removing sales taxes as well as income taxes from gold and silver – and promoting other sound money reforms across the 50 states. In fact, we chalked up five legislative victories this year alone!
It really matters to whom you give your business.
Indeed, more Americans are learning not to do business with people and companies that show disdain for them and their values.
Meanwhile, there are still issues that plague our own industry... including corrupt practices that undermine trust.
The biggest, most persistent problem is the multitude of high-pressure, bait-and-switch sellers. These promoters still, to this day, prey on hapless investors with their slick TV ads, paid celebrity spokesmen, “free investor kits,” rip-off prices, and boiler room sales operations.
These shysters pressure investors to squander their money on supposed rare coins, proofs, "modern day rarities," and other items that are priced WAY over their melt value… and at dramatically higher premiums than the bullion coins, bars, and rounds you'll find at Money Metals.
And then there is another common type of dealer, i.e. "the generic online store." No educational content, no market news, no advocacy for customers’ interests… just faceless sellers of products.
In stark contrast to the two business models outlined above, I founded Money Metals with my brother Mike Gleason and my brother-in-law Clint Siegner because we all agree on the fundamental importance of sound money.
In addition to treating every customer with fairness, absolute integrity, and a personal touch, we are building a movement.
And we know the most important thing in business, particularly our type of business, is trust.
We intend to keep earning your trust and your business... and never let you down.
However, we also know that we are not perfect. We work for you, and we want your feedback... not only as to what we are doing right, but also how we can improve.
To that end, please feel free to leave a comment at the bottom of this article – we will most certainly read it!
As 2023 has now come to a close, my family and I want to personally thank you again for allowing Money Metals to play a role in your life this past year.
With gratitude,
Stefan Gleason, President & CEO
Money Metals Exchange
Money Metals Depository
About the Author:
Stefan Gleason is CEO of Money Metals Exchange, the company recently named "Best Overall Online Precious Metals Dealer" by Investopedia. A graduate of the University of Florida, Gleason is a seasoned business leader, investor, political strategist, and grassroots activist. Gleason has frequently appeared on national television networks such as CNN, FoxNews, and CNBC and in hundreds of publications such as the Wall Street Journal, TheStreet, and Seeking Alpha.
