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Patricia Campbell
Peregrine Financial Group, Inc. (PFGBEST)
(312) 775-3411


PFG Precious Metals, Inc. Broadens Precious Metals Accumulation Strategy to Custodial Account Status

Grandparents and others can gift gold and silver into savings accounts to help their families save; a great inflation hedge

CHICAGO, Feb. 18, 2009 – PFG Precious Metals, Inc. today announced it has broadened its premier product line, the Gold and Silver Accumulation Program (GSAP). 

‘Granny’s Room’, launching today, can become part of a systematic gifting program, whereby parents, grandparents, and godparents can purchase gold and silver by having a minimum of $50 automatically moved into a custodial account format monthly for their beneficiaries.  To learn more online directly, go to

At any time, without any penalty, the assets accumulated into any GSAP account can be converted into coins such as Gold American 1-ounce Eagles shipped directly to you, or liquidated or redistributed into other accounts.

“GSAP has grown very fast since it was created in response to client demand for physical gold assets at an affordable rate for accumulation,” said Peter Thomas, Director of PFG Precious Metals, Inc. “For as little as $50 per month, anyone can invest systematically in tangible precious metals assets to build a portfolio or save for the future, or their children’s future. It gives all investors an affordable, continuous, sustainable investing program opportunity. When acquired on a monthly basis, a substantial amount of gold or silver can be accumulated in a short period of time.  Many of our customers see this as a way to stay ahead of the inflationary prospects they foresee, and Granny’s Room is the answer to hedge inflation on behalf of their heirs,” Thomas emphasized.

The benefit of dollar cost averaging is that even as precious metals markets fluctuate, gold and silver will remain a tangible asset. Clients buy systematically each month. When precious metals prices go up, the asset rises in value. When precious metals markets retract, the continued purchases lower the average cost of acquisition across this asset class.  Dollar cost averaging is among the most sought-after opportunities investors seek in today’s volatile market environment.

GSAP customers fill out a simple account opening document. Funding can be easily arranged via electronic transfer from their bank account monthly or by using a credit card. The investor then specifies the amount they wish to invest, from a minimum of $50 a month for silver, $100 a month for gold, or $200 for a combination of gold and silver. Assets can be left in the account to continue build, or accumulated assets can be converted into precious metals products for delivery, or to hold in the account. There is no storage cost.  Accounts can be liquidated at any time. When the client chooses to exit GSAP, they can take delivery in cash or a choice of bullion, coins, or other precious metals products based on market availability.

Media contact: Patricia Campbell (312) 775-3411