If the quote is fair, ask them to send you an Investment Direction form. This document allows you to authorize the dealer to execute the transaction.
The Investment Direction form will contain your basic account information and a detailed breakdown of your gold and silver transaction.
Below is a screenshot of an Investment Direction form and the information it contains.
The next screenshot is the itemized transaction breakdown on the Investment Direction form.
Your gold company will typically email or fax you the document, although they can send it via traditional mail as well.
Upon receipt, you’ll sign the Investment Direction form and return it to your dealer. (Some dealers may even accept electronic signatures that can speed up the process.)
Next, contact them to make sure they received your document safely and get a guarantee that your pricing is locked in.
They will then submit your document to the IRA custodian for processing.
The IRA custodian will request the transfer of the precious metals held in your account to your dealer’s account at the depository.
Once your dealer receives the precious metals, they will wire the proceeds to your IRA account. Typically within 48 hours. (This process can take up to 2 weeks if the precious metals depository has to ship the physical gold or silver to another location.)
You are now free to take a cash distribution, purchase a different asset or transfer your IRA funds to another custodian if you choose.
Save $1,288 For Every $10,000 Invested Because You Read These Guides
Discover How To Cut Out The Middleman & Buy Direct
$500 Cash Rebate Program on Select US Mint Products
Fund your gold IRA by 9/1/2015 and you'll receive up to $500 cash back.
Callers receive expedited service and a free CGE golf cap.
The Certified Gold Exchange has suspended all walk in visitors until further notice because of our staff reluctance to be vacinated. Most team members are working from their homes and may meet with clients at their sole discretion.
To learn more about our policies on this matter, please call 1-800-300-0715 Ext. 303. Thank you.