What is a department store?
department stores are business companies that work with physical commodities that are traded in the open market. Unlike an intermediary house that focuses on the purchase and sale of securities, the department store is doing a step further. This type of business not only buys and sells commodity, but also provides storage if necessary. Silver is a commodity that is of physical nature. When working in a department store, the investor has a chance to buy silver commodities by making orders through a company. If the investor decides to maintain these commodities for a certain period of time, the department store can also provide storage for real silver. Silver can remain owned by the department store until the investor decides to sell the investment. At that time, the new owner may decide to continue living in the house with a department store or agree to move a physical commodity to a new location.
The department store provides a simple means of dealing with all aspects of physical commodity trading under one simple umbrella. There is no need to pay storage fees in another place. In addition to the location of a physical commodity in a department store, it is easy for potential investors to obtain guaranteed assessment of the status and value of land involved in commodities trading. It is not unheard of that investors can actually see a traded commodity, although this is not always the case.
In terms of purchasing and selling commodities, the department store is as effective as any type of mediation or seller. Agents are able to provide slight market information that can help investors intelligent Decisions trading. At the same time, the department store can make orders with the same effectiveness as any brokerage. If the investor prefers to solve futures or other options involving physical commodities, the department store is an excellent way.