You Shall write to us @ email@example.com, firstname.lastname@example.org, mentioning the type of offer you have , to deal with.
PURCHASE OF GLD STANDARD BULLION
FOB - SELLER’S WAREHOUSE DELIVERY
We are an established Bullion Purchasing Group - PROFESSIONAL, RELIABLE & RESPONSIBLE- With a proven record of successful performance. We have very considerable financial resources at our disposals and are leading global buyers of internationally hallmarked GLD standard and GLD registered bullion.
We will purchase a Seller’s GLD standard bullion stored in a private security facility (or) Custodial bank on an “FOB Seller’s warehouse (“as where is”) basis, provided the seller’s product is insured for its full LBMA market value with a major insurance carrier and the bullion is held in a market-accepted storage facility.
Transactions are conducted “bank-to-bank” or on a “ledger-to-leger” basis within the seller’s bank, utilizing major , international banks only. Closings are concluded under strict regulatory scrutiny, and with full government approvals. The stock will normally not be lifted, a transfer of title only.
The Closing / contract-signing takes place via a formal Table Top Meeting in the Seller’s bank (in the presence of the seller’s bank lawyers), or possibly at the Seller’s Law firm. We can write bullion contracts with multiple sellers simultaneously.
We can purchase all the Seller’s inventory on offer. “Large –Tonnage” amounts accepted.
Sellers with existing bullion inventories preferred.; supply contracts will be considered on a “case-by-case” basis.
There are no set procedures for engaging with the Seller; each transaction will be considered on its merits. We will try to accommodate the Seller’s requirements within reason and would be pleased to discuss with the Seller or his/her legal mandate how best to proceed.
We are able by prior agreement, to engage a “high ranking” buyer, as ultimate purchaser, to conclude the transaction with the Seller. What this mean is that the seller will hold a legally binding and enforceable contract directly with a responsible and financially capable buyer. The buyer maintains transacting accounts with many of the major world banks.
The preferred approach is for the seller to have legal representation. It then becomes a simple matter of putting the Buyer’s Law firm (a leading international law firm) in contact with the Seller’s law firm to confirm the “bonafides” of their respective clients and negotiates the terms of purchase. The transaction then proceeds “bank-to-bank” (or “ledger-to-ledger” within the seller’s bank) for the performance of the contract.
The above approach is favored because it eliminates the problem of “who goes first” in the transaction while providing high degree of privacy and confidentiality (and professionalism) for the parties. We are happy, though, to consider other procedural approaches and welcome the opportunity to engage in fruitful discussions with the Seller.
The Seller must be the genuine Title Holder of the product or the legally authorized seller transacting via a properly executed Power of Attorney. Pls keep in mind that an SKR is not proof of ownership; It is proof of right to possession only.