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Interview on Investing in Gold and Silver

Table of Contents

There is no doubt that we remain in times of financial and geopolitical unpredictability. Greece, Italy, Spain, and France are all contributing to the Euros issues, and in the U.S., the Fed is injecting huge quantities of money into the economy simply attempting to keep it afloat.

Now is certainly a great time to keep an eye on gold and begin doing research study for what investment method might work best for you. I also know that people stressed about this exact same concern for the last several years, yet their investment have actually consistently paid off as gold leapt from $300 to $600 to $1000 to $1500 and so on.

In times like these individuals have made money from purchasing gold and silver. And investing into gold and silver through the last decade have actually paid trades. Numerous investors use the ETFs GLD for gold and SLV for silver to do so, however if you want to hold the bullion or coins you can do this.

For this reason we got in touch with Yitzchok Kahan of Bullion Trading LLC, a precious metals specialist, to address our concerns regarding how and why to seize the metals.

REL: Gold has come a long method from the year 2000, is this really the time to buy gold and silver? Am I going to make money from buying now at these costs?

REL: How long have you been purchasing gold and silver? What was your background prior to you were investing?

I have been purchasing gold and silver all of my life, as this takes place to be a household organisation therefore my background has actually constantly been rooted in this market. My daddy started this service in 1969 as a jeweler. In time, this progressed into refining, then coin retail, and we have been a gold bullion dealer because 1981.

REL: Why would a financier wish to buy physical rare-earth element products to begin with?

REL: In the occasion that things really turn south in the economy and paper currency becomes inflated and of less worth, do you think that gold and silver coins would be a tradable commodity?

Unlike stocks or other financial investment vehicles, valuable metals are the only kind of wealth that has actually been valuable since Biblical times. Gold has a proven performance history and is the safest method to store your wealth. Buying a bar of gold is basically the like transferring your wealth into a bank that you understand will never go out of service and never charge you charges. Centuries from now, the exact worth of that bar might have altered from the time of purchase, but you understand that it will always be important. Simply put, gold is money, even if it is not in fiat-form.

I do not think that there will ever come a day that one can walk into a Wal-Mart and utilize a bar of gold to pay the cashier for his day-to-day purchases. Wal-Mart will never enable one of their cashiers to figure out the authenticity of a gold coin or bar.

REL: If I buy through you how do I get the actual bullion?

You may receive the bullion by can be found in and selecting it up. We can also deliver it out to you; sales can be made personally or through our website.

REL: Can you store it for me? At what cost? Do I place it into a bank deposit box?

Yes, we can keep your bullion for you; however, we highly choose not to and encourage you to acquire the item as quickly as possible. We feel that your purchase is your duty and it is best for both parties that you store the item in a way that is most convenient and accessible to you. We would rather not be held responsible for somebody elses property.

REL: What should I purchase? Coins or bars? Is there a distinction?

No, I do not feel that there is any real distinction. The only small concern to consider is that coins, being minted by a government, have various premiums that will affect the expense when offering and purchasing. Nevertheless, the financial investment worth is the same. Gold is gold.

REL: If I am holding the metals, how do I sell to get the very best price?

REL: Some people believe that metals are in a bubble that is going to pop quickly. What is your response?

Naturally anything is possible, however I feel that there are “two sides to every coin.” There are those who feel that gold remains in a bubble, and there are also those who feel it is still undervalued. Right now if the economy is improving then gold will see some headwinds, but in the occasion it goes south when more, the interest in gold will last. I keep in mind believing that the housing market bubble was going to pop back in 2003, and it wound up enduring another five years.

Maybe they are in a position to invest in efficient organisations, but gold makes an easier financial investment for a person with a simpler way of life. If there was a major financial crisis or a bank holiday, Warren Buffett and Charles Munger would have sufficient cash to survive, while the common guy would struggle. Gold will be far more useful to the common guy at that time than it would to the super-rich.

The very best guidance I can give is to attempt and sell your product back to the place you initially purchased it from. The price they provide you will probably be the closest to what you paid. Moreover, since you currently know they are trustworthy, you will have developed a prior trust with them and know they will not attempt to fraud you or switch it out with a fake bar.

REL: Warren Buffett does not invest into metals due to the fact that he says they only trade on intrinsic worth and can not produce a product and services. And recently the Berkshire vice chairman Charles Munger stated “I think civilized people do not buy gold, they invest in productive companies.” What state you?

REL: What is the very best method to get going buying rare-earth elements?

The finest method to get started is to dip your toe in the water. That suggests buying something and going from there. I do not feel that anyone needs to inform you what to purchase; whether it be silver or gold, coins or bars, that all depends on your scenario and what you feel comfortable buying. The only advice I would provide is not to start with numismatic coins as those are tailored more for collectors than financiers and have high premiums, and when the time comes that you must decide to offer it, you will have a difficult time getting that premium back.

In times like these individuals have actually profited from buying gold and silver. Now is definitely a good time to keep an eye on gold and start doing research study for what investment technique might work best for you. In time, this evolved into refining, then coin retail, and we have actually been a gold bullion dealership considering that 1981.

Now if the economy is enhancing then gold will see some headwinds, but in the occasion it goes south once more, the interest in gold will last.

Gold is gold.




Terms & Conditions

Trading in gold and other precious metals is risky because the market is volatile. Past performance is not indicative of future returns. This is why we encourage you to read Our Terms and Conditions carefully before making purchases, selling, or placing orders with BULLIONTRADING LLC. Refer to Safety Tips from the CFTC (Commodity Future Trading Commission). These terms and conditions apply to all orders, all purchases, and all sales made through our website, telephone, or other channels.

In the event you do not fully understand the terms of this agreement, BULLIONTRADING LLC strongly encourages you to consult with your own experts. BULLION TRADING enters into transactions with customers on the reliance and belief that clients are aware of, understand, and agree to these terms.

These terms and conditions are effective as of March 11, 2022, and are binding to all new and existing customers and users.


The prices for gold, silver, platinum and palladium coins and bars keep on fluctuating because of the risk factors that cause price volatility. The risk factors include political development, war, pandemics, demand, and supply. It is important to keep this in mind when transacting with BULLIONTRADING LLC.

The Ordering Process

BULLIONTRADING LLC. Does Not speculate on the prices of precious metals. This means that we don’t make profits by buying gold when the prices are low and selling when prices go up. BULLIONTRADING LLC generates revenue through premium spreads. This is the difference between what Bullion Trading LLC pays & sells these items for.

Orders and inquiries can be made through our website, phone, or other suitable channels. Contact Us for information.


Inquiries are made by customers who are not ready to transact immediately. Customers can contact us or go online at to get current market prices. The price quote and quantity available are subject to change. They can also contact us for guidance on buying and selling bullion coins and bars. You should note that the Price Quotations you receive when inquiring are Estimates because the prices of bullion coins and bars fluctuate daily, and the number of our stock changes all the time.

For example, The U.S Mint sets premium and minimum prices for American Eagles. Prices for American Eagles are determined by the current price of gold, silver, platinum, or palladium. The mint also charges a modest premium to cater to the cost of distribution and marketing. Consequently, the price of bullion coins and bars changes daily as the markets for gold, silver, platinum, and palladium fluctuates. Refer to the United States Mint’s Charges for Authorized Dealers.


Orders are made when customers are ready to transact immediately. The prices you get when ordering bullion coins and bars from us are an accurate reflection of the current market prices. Note that once you place an order, the prices are locked and are no longer subject to market conditions.

An order is placed when you finalized negotiations with our agents and an invoice is generated, not when the payment is made. Ordering and then bailing out or canceling after an invoice is generated makes BULLIONTRADING LLC incur losses. We incur losses because when you place an order, we consider the bullion coin or bar sold and will have hedged ourselves accordingly.

Disclaimer: To protect our company from losses, BULLIONTRADING LLC has implemented a Market Loss Policy.

Market Loss Policy Explained

An order starts when you finalize the deal with our agents, not when the payment is made. We generate an invoice immediately the deal is sealed either through our website or phone. We also count the bullion coin or bar as sold and will have hedged ourselves accordingly.

Customers who place orders, have invoices generated, and then cancel thereafter make us incur losses. To protect ourselves we have implemented a market loss policy. This means that you will incur penalties for ordering, having an invoice generated, and then bailing out. Once an order is placed, prices are locked and not subject to market conditions.

The moment you place an order an invoice is generated. If you cancel, and then gold prices decline you make us incur a loss. It is your responsibility to offset this loss if your order is canceled and your funds are returned. If this happens you will pay for the loss caused by a decline in the price of gold after a sale is made plus a cancellation fee of $35.00. This is our market loss policy.

To remain transparent and protect ourselves from risk we might require credit card information from every customer even if payment will be received through a different channel. We also will ask for immediate confirmation of the amount locked in. This gives us an avenue to compensate ourselves for losses in the event a customer places an order and then fails to pay.

However, if the price of bullion coins and bars stays the same, we usually don’t enforce our market loss policy because we don’t incur losses. If the price goes down we charge a market loss fee which is equal to the amount BULLIONTRADING LLC would have lost because of the unpaid order.


Bullion Trading LLC only accepts payments in the form of bank transfers, certified checks or personal checks. The method you use to pay us is determined by the number of bullion coins and bars you are willing to buy from us as follows:

  • Orders ranging from $1,000 to $5,500 should be paid via any option listed above and must be received within 2 business days from the time the order was made.
  • Orders ranging from $5,500.01 to $10,000 should be paid by bank wire, certified check, cashier’s check, money orders, or personal check, and must be received within 2 business days from the time the order was made.
  • Orders ranging from $10,000.01 to $25,000 should be paid by bank wire, certified check, and must be received within 2 business days from the time the order was placed.
  • Over $25,000.01 should be paid by bank wire and must be received within 1 business day from the time the order was placed.

If Using A Credit Card You Are Agreeing To The Following Terms:

  • I understand and agree that should I dispute the credit card charge through my credit card provider, I will have breached the contract as well as committed a credit card fraud.
  • I waive any charge-back rights. In the event of a dispute, and I request for a refund it must be made through the Bullion Trading LLC Arbitration Procedure described herein under Bullion Trading LLC.
  • Dispute resolution: I understand that all sales are final. There are NO EXCHANGES or REFUNDS.
  • I cannot receive a refund from Bullion Trading LLC, nor can I request the funds from my credit card company.
  • I also agree to waive any charge-back rights in the event of a dispute.


You agree that you have sufficient experience and knowledge to make informed decisions to purchase from and/or sell to BULLION TRADING LLC. You openly acknowledge that you are making all of your decisions in connection with purchases and/or sales. BULLION TRADING LLC is not making any decision on your behalf concerning purchases and sales.

You also openly acknowledge that you are subject to a variety of risks that are beyond the control of BULLION TRADING LLC. You openly acknowledge that BULLION TRADING LLC is not liable or responsible for the risks you incur while trading with us. Those risks include, without limitation, risks associated with the price volatility of bullion coins and bars. Market conditions or other disruptions such as technical problems may make it impossible for you to liquidate bullion coins and bars bought from us. You have the freedom to liquid the coins and bars at market prices acceptable to you.


All investments involve risk – bullion coins and bars are no exception. The value of bullion coins (e.g., American Eagles or Maple Leafs) is affected by many economic factors. The current market price of bullion coins and bars is determined by perceived scarcity and other factors. Some of these factors include quality, current demand, and general market sentiment.

The price of bullion coins and bars keeps on fluctuating and this means that they are not a suitable investment for everyone. Since all investments, including bullion coins and bars, can decline in value, you should make an informed decision. It is a good idea to have adequate cash reserves and disposable income before investing in bullion coins and bars.


You shall indemnify and absolve BULLION TRADING LLC and its affiliates, directors, officers, and shareholders collectively. You agree to compensate the indemnified parties for and against any costs, damages, expenses, liabilities, and obligations. They include without limitation to reasonable attorney fees that the Indemnified Parties may incur as a result of, or in connection with:

(a) Any breach of any representation or warranty made by you to BULLION TRADING LLC or,

(b) Failure to comply with these terms and conditions or the policies adopted by BULLION TRADING LLC.


You acknowledge that you are subject to the limitations of liability contained in these terms and conditions, the disclaimer, and other policies adopted by BULLION TRADING LLC.

If you suffer indirect, punitive, or speculative damages BULLION TRADING LLC is not liable to you. Any transaction between us and you pursuant to these terms and conditions, and any liability of BULLION TRADING LLC to you shall be limited to:

(a) The amount, if any, that you paid in such transaction or,

(b) $100 compensation. We are not, in any event, liable for any indirect, punitive, or speculative damages.


BULLION TRADING LLC has adopted a Privacy Policy that is included in these terms and conditions. Our privacy policy protects your identity and credit card information.

BULLION TRADING LLC privacy policies are found in the Disclaimer, Ordering Policy, and the protection of credit card information. These terms and conditions may be updated from time to time depending on the market forces and the legal landscape.


Upon any failure by you to comply with your obligations to BULLION TRADING LLC, the company shall pursue the rights and the remedies available to us. Either by law, through equity, or otherwise. It includes without limitation rights and remedies under these terms and conditions.

Breaching our rights may make BULLION TRADING LLC turn your account over to a collection agency, or a lawyer for collection. BULLION TRADING LLC will not fail in exercising any rights or pursuing any remedies in the case we suffer losses or damages.

Note: Failure by you to comply with these terms and conditions, may make BULLION TRADING LLC charge the credit card on which you have provided. This includes without limitation any and all market losses incurred by BULLION TRADING LLC, including cancellation fees, for ordering and then canceling at the last minute. You openly authorize BULLION TRADING LLC to charge your credit card for all losses caused by you violating our ordering policy.


BULLION TRADING LLC is an authorized dealer and a professional organization. We maintain a professional relationship with all our clients. We don’t enter into relationships such as agent-principal relationships, employee-employer relationships, franchisee-franchisor relationships, joint venture relationships, and partnership relationships with our clients.


You cannot forfeit these terms and conditions, your rights, or your obligations as they apply without the prior written consent from BULLION TRADING LLC. You may be granted permission to forfeit your rights or it may be withheld by BULLION TRADING LLC at its sole discretion. These terms and conditions shall be binding to all parties that trade with BULLION TRADING LLC.


If you violate these terms and conditions BULLION TRADING LLC will take action against you. It may include without limitation, turning your account over to a collection agency, or a lawyer for collection. You shall pay all of the costs and the expenses incurred by BULLION TRADING LLC, including without limitation to reasonable attorney’s fees.


BULLION TRADING LLC maintains professional relationships with clients. This is why we make sure that any grievances are resolved expeditiously. We agree that all disagreements and disputes with our clients should be resolved in accordance with the provisions below.

Because we value the relationship with our clients, we opt for arbitration or mediation as a channel for dispute resolution instead of going straight to state/federal courts. However, if arbitration or mediation fails, we may be forced to take legal action in state/federal courts in the State of New York.


These terms and conditions are governed by and interpreted in accordance with the laws of the State of New York. These terms and conditions do not take into consideration the possible violation of laws in other jurisdictions.




If BULLION TRADING LLC cannot perform any obligation hereunder as a result of any event that is beyond its control, the company shall be excused and shall not be liable for any damages as a result of, or in connection with, such delays, or such failures.


You shall sign and avail other documents, or take actions that assist BULLION TRADING LLC in enforcing the provisions of these terms and conditions.


Except as provided in these terms and conditions, all notices, and other communications to BULLION TRADING LLC shall be directed to it at 20 West 47th Street Lower Level #24, New York, NY 10036. All notices and other communications to you shall be sent by BULLION TRADING LLC, to the address that you provided to us at the time of your registration, or to the email address that you provided to us at the time of your registration.


BULLION TRADING LLC may record phone conversations between you and company agents or representatives. You consent to the recording of such phone conversations.


A decision or a failure by BULLION TRADING LLC to take action with respect to any non-compliance with these terms and conditions does not affect the ability of the company to enforce the terms and conditions with respect to other violations. Whether the violations are similar or dissimilar in nature.