Securities Division, 3rd Floor
Arizona Corporation Commission
1300 W. Washington St.
Phoenix, AZ 85007
Main: (602) 542-4242
Toll-Free Number in Arizona:
What Every Investor Needs to Know
There are multiple ways to invest in precious metals, whether it is buying the actual gold, silver, and platinum, for example, or making metals-related market investments in mutual funds, exchange-traded funds and futures, as well as shares of precious metals mining companies.
Regardless of the type of investment, investors should understand the following risks:
Also, investors should beware of "exploration" companies. Some may offer official-looking geological surveys or financial statements, when in reality there is little or no current production. In one typical scenario, the promoter claims to have exclusive mining rights to profitable mines, but in actuality, the company does not have any mineral rights to the land or is defunct. In many instances, the amount of ore in the soil is so minuscule that extraction is not economically feasible.
In another typical scenario, the promoter, while touting a geology degree and decades of industry experience, points to a revolutionary process to extract precious metals from anything from volcanic cinders to sediment clay used to make kitty litter. Investors are encouraged to cash out of their poor performing investments and switch to the new, precious metals investment, which may be nothing more than "fool’s gold."
Read more about mining investments and what questions to ask before you invest.
The information provided on this website is not comprehensive, is not offered as legal or investment advice, and is not a substitute for competent legal or financial counsel. The Securities Division provides this information to give you an overview of the topics discussed. You should not rely on the accuracy of this information, but should carefully review all applicable statutes and regulations with the assistance of legal counsel.
Check here to sign up for Consumer Alerts from the Corporation Division. To receive alerts for your business register at eCorp.azcc.gov.Please call 602-542-3026 with questions for the Corporations Division.
Check here to sign up for Notices and Agendas for Commission Meetings, Hearings and Appearances. Have questions about Notices and Agendas, click here for contact information.
Check here to receive the latest Commission News Releases and information. Please call 602-542-0728 with any questions.