Bars & Bullion
You can now buy, own and sell silver at BullionVault.
“..We will be telling the wider world within the next few days, but since you have asked in the past, we want to give you first access..
Here are the 5 facts you need to know to get started:
#1. You Can Buy Today
A stock of 1,000-ounces Good Delivery bars has been delivered to the London vault, and the silver market is open. There is no VAT sales tax to pay.
#2. Dealing Commission
Runs independent of gold, but is charged at the same rates. So you’ll pay 0.8% on your first $30,000-worth of silver, 0.4% on the next $30,000 and so on, regardless of your gold holdings.
#3. Custody Charges
Are also independent of gold, but slightly higher because silver takes up more physical space in the vault. You’ll pay 0.04% per month on the silver you hold (minimum $8 charge). The annual rate is 0.48%.
#4. The Daily Audit
Is being run on silver property, alongside gold, but we won’t be publishing the silver part of the audit until the full official launch. Expect the first public silver audit on Monday 7th December.
#5. Vaulting, Larger Deals & Withdrawal Silver is available in London only for the time being. Larger orders for one tonne or more (approx. $500,000) can be dealt direct on main market. Physical withdrawal will only be available on 1,000-ounce bars, at a charge of 10% plus VAT (currently 15%).
Check out Bullionvault Silver, and get a FREE Gram of Gold NOW! – no strings, no commitment, no credit card required, just an email address, do it now!