Address change. Send a letter including old address, new address, account number and signature.
Title or Name Change. The person removing their name must send a letter instructing FideliTrade to remove their name. The signature on the letter must be guaranteed. A new Account Opening Form must be completed by the remaining party(s) on the account.
Death. When a person on the account dies, FideliTrade Incorporated will need a certified copy of the death certificate, Letters of Testamentary or Administration, a letter of instruction and a new Account Opening Form to update the account.

• 3% to 5% of Americans invest in precious metals
• 69% of precious metals investors want to buy from their established financial institution, yet only 21% actually do
• Banks and brokerage firms that offer precious metals investments attract approximately 70% of their precious metals clients from other financial institutions
• Precious metals investors tend to be affluent and well educated

Demand for precious metals investment products, such as gold, silver, platinum and palladium bullion, has increased dramatically over the years. While only a few thousand Americans had invested in precious metals in 1975 when gold ownership was legalized in the U.S., that number has grown substantially. Independent research shows that 7.5 to 12.5 million Americans now invest in precious metals; these investors are generally college-educated professionals with above average incomes. The same research indicates that individuals who have purchased precious metals, as well as those who plan to do so in the future, prefer to make these purchases from their bank or other trusted financial institution.

• Precious metals services help banks and brokerage firms retain and enhance customer relationships
• Precious metals services generate fee income
• Precious metals services can be offered with no risk and little or no investment in support activities
• Precious metals services provided in Delaware may have significant tax advantages

FideliTrade offers its correspondent institutions many concrete benefits. First, and perhaps most important, FideliTrade enables correspondents to meet customer demand for precious metals services and broaden the relationships now enjoyed with existing customers. By expanding the array of investment services to include precious metals, correspondents reduce the possibility of losing assets and customers to competing full-service institutions. At the same time, precious metals services provide a source of transaction fees. FideliTrade's services can be offered through existing retail, brokerage, trust and private banking departments with virtually no risk and little or no investment. It requires no direct handling of precious metals products, no maintenance of physical inventories and no additional staff. FideliTrade offers total marketing, trading and operational support.

In addition to its services, FideliTrade is strategically located in Wilmington, Delaware. Delaware imposes no sales tax on the purchase, administration or storage of precious metals. Furthermore, there are no corporate net worth, personal inventory or transfer taxes applied to physical bullion transactions. And unlike some other states, the sale of bullion does not create a nexus status for state income tax purposes.

There is no single answer to this question.

• Large bars (100-ounce gold, 1,000-ounce silver, 50-ounce platinum or 100-ounce palladium bars) generally have lower premiums and smaller bid/ask spreads, thereby making them the lowest cost alternative when buying. However, they require a larger investment and can only be liquidated in large units. Delivery can be burdensome and redelivery for liquidation may require assay and refining. Storage costs must be factored into the decision.
• Small bullion bars and coins generally have higher premiums and larger bid/ask spreads than larger bars. However, they can be bought and sold in small unit sizes, are easily shipped, and typically do not require assay when redelivered for liquidation. They can be easily stored in a commercial vault or safe deposit box.

There are advantages and disadvantages to taking personal possession or holding your investment in a custody account. A quick review of your motivations and objectives will help you make that right for you.

	Advantages	Disadvantages
Custody	Greater liquidity and expedited transactions High-security vaulting facilities Convenience Insurance	Custody Fees Like a bank or brokerage account, your assets are held by someone other than yourself
Personal Possession	Satisfaction of have complete control or your asset. Direct Custody of Investment.	Liquidation Delays; Lack of Security, Insurance

Bullion coins are produced in mass quantities by government mints and are legal tender in their country of origin. Bullion coins sell for a small premium over their intrinsic (or spot) metal value. Bullion coin prices move, in tandem, with the price fluctuations of the underlying commodity (i/e., gold, silver, platinum or palladium).

Rare or "numismatic" coins are collected and valued for their scarcity, individual beauty, uniqueness or historical significance. Special collectible qualities can potentially render rare coins far more valuable in the marketplace than the value of any gold or silver that they may contain.

Sales and Marketing Support - Tailor a customized marketing plan and receive sales support with the assistance of FideliTrade's service and marketing professionals.

Trade Execution - Buy and sell precious metals investment products by telephone.

Product Selection - Select from a wide variety of gold, silver, platinum and palladium investment products, including bullion bars and coins, and statement accounts.

Service Selection - Enjoy convenient custody in a high-security, fully insured depository, or arrange for the physical delivery of metals to nearly any destination.

Reporting - Receive comprehensive confirmations, statements and other operational reports.

The purity of precious metal is measured in parts per thousand and is called its "fineness." This indicates the proportion of pure precious metal actually contained in the refined product verses its remaining alloys. A bar that is 999.9 fine is 99.99% pure gold and referred to as "four nines" gold.

Gold, silver, platinum and palladium possess six innate attributes that render them unique in all of nature. They are Beauty, Utility, Rarity, Indestructibility, Portability, and Inherent Value.

No other elements known to man manifest all the characteristics, and it is for this reason that mankind has always considered these metals precious.

FideliTrade primarily utilizes the depository services of Delaware Depository Service Company (DDSC). Located in Wilmington, DE, DDSC is an exchange-approved depository. If your metal is stored with FideliTrade Incorporated, your metal is securely held in your insured account.

Most newspapers either show the previous day's prices from the New York commodity exchanges or London market. The New York prices are for the standardized futures contract, closest to maturity (i.e., the nearby delivery month) on the close of exchange business. The London prices are for the "fixing" prices set by the world's largest market makers to balance their books. Both New York and London prices provide a good benchmark for the value of gold (or silver, or platinum or palladium). However, the prices reflect a very specific set product specifications, terms and trading counterparties; they do not represent the price of metals in any quantity, form, location or trading forum. Consequently, dealers monitor the New York and London prices to determine a starting price point from which they can determine a competitive final price for a particular transaction. The dealer quotes the current spot price at that particular moment in time or a quote for a specific product where the cost of that product includes manufacturing costs, supply and demand premiums. That quote may also include delivery, insurance, and sales charges.

Investors have many different motivations and objectives when considering an investment in precious metals. Precious metals:

• are tangible/real assets - their value is not determined by any government or company
• are excellent portfolio diversifiers - inclusion of precious metals in an investment portfolio can reduce overall volatility and risk
• serve as a hedge against inflation in times of economic uncertainty
• provide a store of long-term value - they have intrinsic value
• provide a safe haven in times of political or international unrest
• are an alternative asset with price appreciation potential