Patent ID: 8583547

Claim:
A computer-implemented process for managing a precious metals investment product comprising: memory storing a measured and fixed unit of trade comprising a plurality of fractional precious metal components, the precious metals components being backed by physical precious metals, at least two of the precious metals components comprising different precious metals, the fractional precious metal components weighted so as to achieve an investment objective whereby the investor seeks to deploy capital into the precious metals market; quoting and trading the measured unit of trade as a single unit of trade, thus allowing for uniformity in the ongoing offers to buy and sell selected from the group consisting of a fixed quantity and multiples of this fixed quantity, and pricing consistency for the metals; a processor in communication with the memory, the processor electronically tracking and real-time pricing the precious metals components in live market prices, the processor further determining and directing transfer of metals to and from metal storage facilities in correlation to trading of the unit of trade; and the processor providing a communication to an investor with an option to take delivery of their precious metals; whereby the investor is provided correlated allocation and de-allocation of the corresponding metals associated with the purchase or sale of the metals.