FREQUENTLY ASKED QUESTIONS
The Bullion Trader
Buying
Selling
Precious Metals
Visit our website, select your desired items and the quantity, then click on “make inquiry” to contact us for a quote. Once you get a quote and make payment, your items will be shipped immediately.
Our transactions are web-based, because we operate from the safety of two private vaults. We however have a sorting office in USA for international orders and shipments.
Contact us for a price quote of the product and quantity you want to sell. We will give you a price quote within minutes. Once the two parties agree on the bid price we offer, we will lock in the price and give you the delivery location to deliver/ship your metals to. Once delivery and verification of your metals is made, we will either pay cash or wire funds to your bank account depending on your instruction.
We are an international business with customers and clients all over the world. You can buy or sell from any country in the world.
We often offer free shipping to our customers, depending on the value of the transaction.
We believe everyone should have gold and silver in their private possession, where they can lay their hands on it, because:
  • They are safe haven instruments that rise during economic upheaval, war, terrorism, and natural disaster.
  • They have a proven track record of performing well in inflation or deflation.
  • For 5,000 years, gold and silver are the only assets that have never failed.
  • They are tangible assets of intrinsic value.
  • Their purchasing power can never fall to zero.
  • They are the only financial assets that can be completely private, and not part of the financial system. Even real estate requires the financial system to transfer title. Gold and silver do not.
  • They are one of the few financial assets that are not simultaneously someone else’s liability. Stocks, bonds, and derivatives like futures and options, require the performance of someone else. Even cash requires the performance of the government issuing it. In other words, if a government fails, so too does their currency. Gold and silver never fail.
  • They can be wholly owned. You can never really own real estate for instance, if you think you can, just try not paying your property taxes for a few years.
We always advice our clients to think properly before confirming order, because once you have confirmed your order, and made payment, we immediately purchase metals from the wholesale market on your behalf, all prices are locked-in and final, and we have entered into a binding contract.
Once you have confirmed your order, and made payment, we immediately purchase metals from the wholesale market on your behalf, all prices are locked-in and final, and we have entered into a binding contract. However, you may sell your metals back to us at prevailing market rates, and we will then sell them back to the wholesale market. Contact us for any inquiry regarding the resale of your order
The recent economic upheaval has caused a gold and silver rush, which has caused many items to become scarce. This has happened and will continue to happen with all dealers dependent upon market demand.
Spot price can be thought of as an ‘industrial wholesale’ price for the metal. Then the mints have to be paid to change it from this form into the products that investors want, so even dealers can’t buy these products at the spot price. The easiest and cheapest products to make are large bars, like 100 oz. silver bars, or one kilo gold bars, so the premiums above spot price for the larger products are usually the lowest. The premium above spot price typically rises with the smaller products since there is more work involved in producing them.
These government mints add what they call ‘seigniorage’ to all coins they mint. However, you gain back much of the seigniorage when you sell them back to a dealer. When purchasing back from retail customers, all dealers typically pay more for Eagles and other legal tender bullion coins over common bullion products.
No, we believe that at this critical time in history, everyone should have the safety and potential massive gains in purchasing power that only real money (gold and silver) can provide. Only gold and silver are money. Platinum, rhodium, and palladium are commodities only.
Yes. Once your order is placed, your price is now locked-in regardless of new price movement. Full payment must be made within 2 hours. Failure to do so will result in automatic cancellation of your order.
No. However, you may sell back your order at prevailing rates. Please contact us to get a price quote.
Yes. Each coin or bar carries a statement of weight and fineness that is stamped directly onto it. The coin or bar itself, in effect, bears its own certificate from whichever mint or refiner produced it.
No, there is no legal limit on how much gold or silver you can own.
No, the spread, or difference between the buying and selling prices, allows dealers to stay in business. It is much the same as when banks charge more interest for loans than they pay for savings accounts. The precious metals bullion business is a very competitive one, and the profit margin, or spread, is very small compared to almost any other inventory business.
Gold and silver bullion comes in coins, bars, and/or rounds. Bullion value is derived from the metal content, not rarity or collectible value.
The spot prices for gold and silver are set by millions of traders buying and selling futures contracts, which are contracts to deliver gold or silver at some future date (in other words, gold or silver IOUs). It is also the price that large industrial users and the mints pay before converting gold and silver into the items we sell.
That is entirely up to you, but with the current state of the world economy we believe it is extremely important to preserve your wealth in the safety of precious metals.
Yes, if they are government issued bullion coins with a face value. The nominal face value allows the coins to travel across national borders with less taxation or fees otherwise imposed by many countries on bullion bars and rounds.
Gold and silver are measured in troy ounces. One troy ounce is equal to 31.104 grams. 1kg of gold = 32.15 troy ounces