Kitco pooled accounts

[coppertone]

I'm looking at the information for the pooled accounts at Kitco. I'm aware of the danger of an unallocated account but if PM's enter a sidewise trend for a few months or more they do offer an opportunity to buy and sell the fluctuations even though buying physical metal is still my main focus. I also do not have any 0.999 bullion coins or rounds and maybe I can lower my cost by saving up for a larger order to reduce shipping cost but still tie my money to PM's. Does anyone here have a pooled account at Kitco that they use for these purposes? Just looking for comments and opinions. Thanks

[aloneibreak]

like you already know, holding physical bullion is the best way to go

having said that, i have had money in the kitco pool a couple different times

i have a hard time letting go of physical silver

so with the money in the pool account i could make a profit without having to actually ship off any bullion

i never had more than a few hundred in there - i emptied my account when silver got to $25

if i were you, id just go ahead and get started buying physical as you can

[Treetop]

If your interested in trading that way I suggest looking up bullion direct. Ive known people who do very well there, and never had issues. including people who previously used kitco and other things, but like bullion direct better.