Toronto-based Canadian Bullion Services, Inc. (CBS) wants investors to consider purchasing gold and silver for Registered Retirement Savings Programs (RRSPs) and Tax Free Savings Accounts (TFSAs).
The precious metals dealer says it one of the first and only Canadian firms that offers the opportunity to hold physical gold and silver in RRSPs or TFSAs.
The firm says there are many benefits of having physical gold and silver in an RRSP or TFSA. It diversifies the portfolio, it is considered a safeguard from the stock market and currency instability, and it allows investors to take advantage of market movements.
CBS says the gold and silver is guaranteed for purity (.9999) and weight and is minted at the Royal Canadian Mint.
For top security, the gold and silver is stored at the largest Brinks location in Canada under 24/7 surveillance, protected by armed guards, and monitored by three independent alarm companies.