Profit Boost for Precious Metal Gold/Silver Investors: Smith McKenna, LLC Announces New Business Model
Stephen M Smith, managing member at Smith McKenna, LLC recently announced the major changes going on at Smith McKenna that will allow gold and silver investors to dramatically reduce their cost of buying, selling and storing precious metals. These changes will benefit investors significantly in the upcoming months and years.
HOLLYWOOD, Fla., May 14, 2012 /PRNewswire-iReach/ -- The key changes to the business model now include: 'zero' commissions, no commission brokers, reduction by 50% in BID/ASK and savings passed on, and storage fee structure reduced to an amazing 0.1%, from a previous 0.5%.
"This change has created an opportunity for investors to compete on price. By providing lower cost and, thereby, lower prices, Smith McKenna allows the customer to take advantage of quick changes in the metals portfolio. Smith McKenna customers will now be able to trade between metals portfolios, without the tremendous cost typically associated with trading and storing their precious metals," said Stephen M Smith; managing member at Smith McKenna, LLC.
"Investors will benefit significantly from the cost savings associated with these changes," added Smith.
The average person wishes they knew more about precious metals investing. Smith is so adamant on educating the public that he is offering a FREE investing book to a limited number of people who want to learn more before diving in head first. http://www.smithmckenna.com/free-book/
2011 brought an incredible opportunity for both the average person and seasoned investor, where they were able to experience remarkable wealth creation that came from the boom of precious metal prices. Smith McKenna's new business model, with further cost savings will have the potential to drive up investor gains even further; with Smith McKenna projecting silver to go much higher. It is crucial that you own the physical asset however; rather than buying ETF's, Futures and Certificates, and this new business model offers a reduction in key aspects - like storage.
Referring to the recent announcement by the Commerce Department, GDP rose the first 3 months of 2012 by a reasonable 2.2%, despite persistent claims of futile stimulus efforts and a downbeat economy. Consumer confidence is climbing, unemployment is down, and manufacturing is kicking into overdrive; all signals that are going to stimulate industry needed precious metals and prices in a positive direction.
Some of these changes at Smith McKenna are a result of the lessons learned during the past year in the precious metals market and awareness that customers stand a better chance of success in the current market with these changes. Smith McKenna will provide customers with the ability to execute Market, Limit, and Stop Order trades. The customer will have full control of their account while Smith McKenna will provide access to the precious metals markets coupled with superior servicing and cost. Smith McKenna will not engage in analysis or forecasting of market moves beyond a long term view of the Silver market, which Smith believes, is going much higher over the next few years.
Smith McKenna will still give market updates via its website. Clients will also continue to have real time access to their accounts and receive real time precious metals quotes. http://www.smithmckenna.com/subscribe-now/index.php
Summing up these key changes, Smith stated, "What we are doing is providing a high quality product to the retail public at a cost savings that allows them to use their precious metals portfolio like a professional investor. We're just going to get out of their way during decision making and provide exceptional service, price, and execution. There are plenty of places for people to get advice on the precious metals market. We are here for investors to make the most out of that advice at a lower cost."
For more information on Stephen M Smith and Smith McKenna LLC, visit their website:
Media Contact: Stephen Smith, Smith McKenna, LLC, 888- 415-4909, firstname.lastname@example.org
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