A Precious Metals Holding account with PMB&V is very unique. You actually have a precious metals holding with cash availability all in one account.
*In your dual purpose holding account, your currency will always be used first to settle debits. Your precious metals act as an overdraft protectionand/ or savings account. When the currency in the holding account is depleted, then, and only then, will PMB&V sell just enough precious metal from your holdings to settle any debits. Because of market volatility, PMB&V reserves the right to adjust its premiums to buy and sell into the physical market, not just using the COMEX spot cash price of the day.