For about eight years UPMA has been offering vaulting services and 0% buy/sell spreads. During the first year there were only about fifty UPMA members. From 2012 to 2015 that number grew to four hundred. From 2015 to 2018 that number grew from four hundred to about two thousand people as the service became more well known and popular. In the past six months over 10,000 new people have signed up for a UPMA account! As a result UPMA is getting a little bit more attention.

A new video has come out on YouTube by SilverPicker, he does a great review on the services that UPMA offers. The utility of a UPMA account is that it allows people to own more precious metal than they otherwise might be comfortable with due to fear of losing on spreads. Many people have over $10,000 at the bank in the form of cash because they don’t want to risk paying spreads on metal if they need to liquidate. By using a UPMA account those people can opt to have less cash in the bank and more exposure to metal. See the full video below!