Frequently Asked Questions


Why is an investment in “Swiss Value Precious Metals” advisable?
The biggest enemies of assets are always inflation and taxes. In times of heightened risk of inflation, investments in precious metals have always been viewed as a “safe harbor”. Thus, when inflation is escalating at great speed, precious metal prices are seen to rise too. This guards against inflation, and combined with the “Swiss Value Precious Metals” tax exemption, is what makes investing in precious metals such an attractive option.
How safe is the concept of “Swiss Value Precious Metals”?
Gold, silver, platinum and palladium have always retained their value since the beginning of history. Hence the kind of risk of total loss one finds in other investment opportunities is out of the question. Naturally with “Swiss Value Precious Metals,” provision has already been made for other safety components, such as supervision of the use of funds, or annual inspection of the portfolio holdings by independent financial auditors.
Who monitors the portfolio holdings and the cash flows?
The precious metal holdings are inspected annually by an external, and hence independent, financial auditor. The fiduciary manager monitors and supervises the cash flows.
Why is my investment exempt from flat rate withholding tax?
Profit earned from the purchase and sale of physical precious metals is not counted as income from capital assets, and therefore all profits are free of flat rate withholding tax for private individuals resident in Germany.
Why is my investment exempt from VAT?
At present, all precious metals except gold are subject to VAT. Because of this, the white metals (silver, platinum and palladium) are stored in highly secure safes in duty-free depots that under applicable laws are not subject to VAT duty.
Is my investment also exempt from income tax?
After the 12-month speculation period is over, the investment in “Swiss Value Precious Metals” is free of income tax.
What quality do the precious metals have?
The precious metals are exclusively poured and stamped by reputable refineries and conform to the “Good Delivery” standard.
How are the precious metals stored?
The precious metals are kept in high-security vaults (the white metals silver, platinum and palladium are moreover kept in duty-free depots because of the VAT exemption) in Switzerland or Liechtenstein.
Is this form of investment at all profitable for Euro investors?
This can easily be demonstrated by looking at the long-term figures. Since 1971, gold has risen on average by 10.8 per cent per year, calculated in dollars. For Euro investors, the 9.5 per cent profit is indeed a little less but in mid-July 2011 an all-time high was also reached in Euros.
Does the high gold price indicate that a bubble is forming?
Just 0.8% of all financial investments are in gold. At the start of the Eighties it was 26%. If a total of 2% of all asset classes were invested in gold, the additional demand would then amount to about 85,000 tons. That would correspond to 33 years worth of mining production.
Can I have access to my assets at all times?
Your precious metals are at your disposal at all times. By a notification to LC-Services AG you can arrange at any time for parts or the entire stock to be sold at the day’s rate and have the amount transferred to you.
May I also arrange to have my precious metals delivered in physical form?
Besides having the option of payment, you may also withdraw your stock in gold in Liechtenstein or Zurich. You specify the time and the denomination size.
What are the advantages of raising a loan on precious metals?
By raising loans in this way, one can guard in particular against fluctuations in precious metal prices and thus avoid unnecessary price losses at inappropriate times.
What advantages does the purchase at wholesale prices (kilogram price) have for the client?
Although our customers usually take up smaller investments, the precious metals are exchanged at wholesale prices for “Swiss Value Precious Metals”. This ensures that even the person saving in installments benefits from the precious metal prices for large institutional investors.
What would happen if LC-Services AG were to go bankrupt?
The clients of LC-Services AG are the owners of the precious metals and commodities. In the event of bankruptcy, the stocks would be allocated to the respective clients.