Everywhere you look (or listen), people seem to be talking about investing in gold. Precious metals in general are hot; with the U.S. dollar in a weak position–and for an indefinite period of time, it seems–people want gold and other precious metals to shore up portfolios with something of perceived lasting value.

If you aren’t all that comfortable with the come-ons you see and hear regarding gold bullion or other metal pitches, you are not alone. The good news for our BankShout readers is that there are other ways to invest in metals, including mutual funds that specialize in such trading.

There is also EverBank’s MarketSafe Diversified Metals CD. This innovative account is a certificate of deposit, so your money is insured with the FDIC. The return of at least your principle is guaranteed, according to the EverBank website. But your payback is also based on the market prices of gold, silver, and platinum; basically, EverBank calcuates the average return of the three metals over 20 quarterly pricing dates. You can gain up to 50% of your principle, depending on market prices.

The Diversified Metals CD requires a 5-year term commitment. But it must include a high minimum deposit, right? Not at all, as it turns out: the MarketSafe certificate has a minimum opening amount of just $1500.

You can learn more about EverBank’s MarketSafe Diversified Metals CD on the bank’s webpage here. Please comment regarding this product and metals-investing in general below, and thanks for reading BankShout.