General FAQs

Precious Yield deposits are always fully backed by physical precious metal on a 1:1 basis. The pool of precious metals backing Precious Yield deposits is owned in a variety of forms including coins, jewelry, precious metal in process at metal refineries, and balances at bullion banks and brokers. The precious metal is held in several different locations, including secure vaults, work in process at manufacturing companies, and finished inventory. We track the balances of precious metal held in each form and location in real time to ensure the 1:1 backing of Precious Yield deposits. Precious Yield does not use any leverage or derivatives.

Once deposited, we put your precious metal to productive use. The companies that are the backbone of the precious metals industry need large amounts of physical gold, silver and platinum to operate their businesses. Your precious metal deposit helps finance these companies because it is held in the form of the inventory these companies need to operate. In return, these companies pay interest.

Buying and selling metal

It is simple and cost effective to buy your gold, silver, and platinum directly from us. Once your Precious Yield account is opened, you can send funds into your Funding account. Once we have received funds and credited them to your Funding account, you’re ready to trade. Give us a call at 866.967.7528 and talk with one of our traders. We will quote you precious metal prices at which you can buy gold, silver, or platinum. We quote very near wholesale precious metal prices, offering you one of the lowest cost ways to buy precious metals. Through Precious Yield, your trading costs are substantially lower than alternatives like buying coins or bars, and lower than many vaulting services that offer similar precious metals trading services.

Yes. We can sell you these metals and others in size increments appropriate to the current market conditions. We don’t pay any yield on these metals at the moment, and we don’t offer the option to request physical delivery of these metals to you. If you are considering an investment in these metals or others, give our traders a call at 866.967.7528 to discuss your specific needs.

It is simple and cost effective to sell your gold, silver, and platinum directly to us. Give us a call at 866.967.7528 and talk with one of our traders. We will quote you precious metal prices at which you can sell your gold, silver, or platinum. We quote very near wholesale prices, offering you one of the lowest cost ways to sell the precious metals you have in your Precious Yield account. Through Precious Yield, your trading costs are substantially lower than alternatives like coins or bars, and lower than many vaulting services that offer similar precious metals trading services.

Yes. Give us a call at 866.967.7528 and talk with one of our traders. We will review the specifics of the coins or bars you are holding. Depending on which coins or bars you have, you may even generate a cash premium by converting your coins or bars into Precious Yield account balances. It’s important to understand that by converting your coins and bars into Precious Yield account balances, you won’t get the same coins back if you later request physical delivery. Also, if you later request physical delivery of your Precious Yield account balances, you will need to pay the coin or bar premiums and shipping charges. Once you convert your coins and bars to Precious Yield account balances, you can begin to earn interest on your gold, silver, or platinum right away.

Statements and reporting

We email all Precious Yield account holders a statement monthly.

Yes. Give us a call at 866.967.7528 and talk with one of our traders.

Requesting physical delivery of metal

Give us a call at 866.967.7528 and talk with one of our traders. Once we understand what type or types of coins or bars you’d like we can get you a quote for the physical premiums and shipping charges that would apply. If you decide to proceed, you just need to pay for the premiums and shipping charges. Then we will arrange for these coins or bars to be shipped to you, and we will reduce the number of ounces in your Precious Yield account accordingly. We will only ship to the address we have on file or to an account at a secure vault facility in the Precious Yield account holder’s name. Our anti-money laundering procedures prevent us from processing shipments to third parties on your behalf.

It’s up to you. American Eagles, Canadian Maples, Krugerrands, 1-oz or fractional coins, even kilo bars or silver 1,000 oz comex bars. You decide on the specifics of what you’d like, and we will quote you the necessary premiums and shipping charges. We don’t guarantee that we can always ship the specific product or mintage year you want, but we will let you know quickly of your alternatives. Give us a call at 866.967.7528 and talk with one of our traders.

Other questions

No. We only accept funds from the named account holder(s).

No. We are not a transfer service. We offer longer term holders of precious metals the ability to earn a yield on their gold, silver, and platinum holdings. We believe this yield offers longer term precious metal investors a tremendous benefit over other ways of owning gold, silver and platinum.

No. We will only return funds in a Precious Yield account to the named account holder(s).

No. Precious Yield does not use any leverage or derivatives. Precious Yield deposits are always fully backed by physical precious metal on a 1:1 basis. We track the balances of precious metal held in each form and location in real time to ensure the 1:1 backing of Precious Yield deposits.

We issue each Precious Yield account holder a Form 1099 annually. We do not offer tax advice. We suggest that you speak with a qualified tax advisor on any tax related questions you have.

Provided account minimums are met, there are no storage or administration fees on Precious Yield accounts. The account minimums and charges that apply if minimums are not met can be found on our Current Rates page.