Frequently Asked Questions
Fargo S.p.A offers a range of gold trading agreements tailored to different trading strategies, with allocations from 100g to 10 kg.
What is Fargo S.p.A?
Fargo S.p.A is a leading gold trading company, licensed by Banca D'Italia and associated with Fargo Commodities Trading (U) Ltd. We have exclusive agreements providing direct access to Africa's abundant gold reserves through our partnership with the Uganda Artisanal and Small-Scale Miners Association (UGAASM).
What products and services does Fargo S.p.A offer?
Fargo S.p.A offers a range of gold trading agreements tailored to different trading strategies, with allocations from 100g to 10 kg. We also engage in the purchase of second-hand jewellery and gold through our Banco Metalli, and we are developing an e-commerce site for streamlined gold bar transactions.
What are the key benefits of trading with Fargo S.p.A?
- Exclusive Access: Direct mine access through strategic partnerships. - Flexible Agreements: Tailored trading agreements to meet various needs. - Secure Storage: Gold securely stored by Fargo S.p.A. - Buyback Option: Option to sell gold back at market value after the agreement term. - High Purity Gold: Guaranteed purity with certification. - Innovative Platforms: Upcoming e-commerce site for efficient transactions.
How does the buyback option work?
Upon the completion of your 12-month agreement, you have the option to sell your gold back to Fargo S.p.A at the prevailing market rate, providing a seamless and convenient exit strategy.
What are the terms for early withdrawal?
Early withdrawal is not permitted during the first 6 months of a 1-year agreement or the first 12 months of a 2-year agreement. A 30-day notice is required for early withdrawals, and a service fee (2.5% for 1-year agreements and 4% for 2-year agreements) is applied.
What is the profit calculation for trading agreements?
Profit is calculated by subtracting the total purchase price from the cumulative value of gold received over the agreement term. The rate of return is determined by dividing the total profit by the initial amount traded in gold.
What are the available gold trading agreements?
We offer various agreements based on the quantity of gold: - 10 kg, 9 kg, 8 kg, 7 kg, 6 kg - Each agreement is available for 1-year and 2-year terms, with specific monthly distributions and final payouts.
What are the smart purchase agreements?
- Standard Plan (3 Months): Secure gold at a 3% discount. - Entrepreneur Plan (6 Months): Secure gold at a 6% discount. - Executive Plan (12 Months): Secure gold at a 12% discount. The full quantity of gold is distributed over the respective contract duration and delivered upon completion.
How does the accumulation plan work?
We offer several plans with monthly payments over a 5-year duration. Each plan aims to accumulate a specific amount of gold, with management and custody fees of 5%.
What are the exclusive benefits of trading with Fargo S.p.A?
- Flexible Growth Options: Tailor your trading strategy. - No Hidden Costs: Transparent trading with no hidden fees. - Flexible Ownership: Physical ownership of gold with the option to sell or leverage. - Guaranteed Return: Increase in gold holdings by the end of the term. - Secure Storage and Delivery: Gold stored securely and delivered monthly.