Silver Gold Bull Review
When reading the information below, please bear in mind that the gold dealer Silver Gold Bull can change its sales conditions at any time. Even though we will make every effort to reflect up-to-date information, we cannot guarantee the accuracy, reliability, completeness or timeliness of the information contained underneath. This website is not responsible or liable in any way for the actions of its readers.
Offering the largest selection of different precious metals
Silver Gold Bull Inc. is a registered corporation in Canada that is based in Calgary (Alberta). It offers precious metal bullion coins and bars out of gold, silver, platinum, palladium, rhodium and copper. It also sells a limited selection of gold necklaces and various accessories for the handling and safekeeping of the purchased precious metals. Secure storage of the purchased precious metals is offered through their affiliated partner Transcontinental Depository Services (TDS). The purchased physical metals will be delivered to the customer or directly to the secure storage vault. The secure storage vaults are located in Canada, the United States, Germany, Switzerland and Singapore.
Besides buying bullion directly, Canadian customers can also buy bullion from Silver Gold Bull for their Registered Retirement Savings Plans (RRSPs). In order to do this, customers would first have to open a self-directed registered account with Questrade. Opening such a RRSP account is free but it needs to be funded with a minimum of USD $1,000. Your account with Silver Gold Bull (that is also free to open) can then be directly linked to your Questrade RRSP account by simply filling out an authorization form. All your bullion purchases will then be debited from your Questrade RRSP account and shipped to Brinks secure storage vault in Ontario.
Pricing
The gold dealer Silver Gold Bull doesn't charge any commissions, service charges or other hidden fees. Customers just pay the listed product prices plus eventual shipping charges (shipping is free above a certain order amount). Quantity discounts are available and are clearly listed next to the product price. In addition, Silver Gold Bull promises to match any lower advertised price from any authorized Canadian dealer.
Ordering
Orders are easily placed online. Each listed product is marked whether it is currently in stock. After adding their desired products in the desired quantity to the shopping cart, customers can add a discount code and get a shipping quote. Various shipping and payment methods are available for selection as well. After placing an order, confirmation of the order will be received by email.
Payment
Credit/debit card payments are generally possible up to a maximum order of 6,000 Canadian Dollars (card fees are applied). Visa as well as Master Cards (both as debit or credit cards) are accepted. Customers from all countries can also pay by Wire Transfer or Bitcoin. However, Bitcoin payments are only possible up to a maximum amount of CAD $ 100,000 and Bitcoin orders or successive orders over CAD $ 9,000 require photo identification.
Possible but not recommended (due to clearing times that may exceed 90 days!) are the payments made by depositing or transferring cash, personal or certified checks, bank drafts or money orders. Silver Gold Bull is forced to report cash purchases that exceed $10,000 to the government. Transactions that involve other payment methods are not reported.
American and Canadian customers also have the options to pay by mail or PayPal. However, PayPal payments incur fees just like card payments and must be eligible for Merchant Protection under the PayPal terms.
Canadian customers have the additional options to pay at participating banks and credit unions throughout Canada or to pay online through Interac Online (up to CAD $ 2,000) or Interac e-Transfer (up to CAD $ 1,000).
Shipping
Silver Gold Bull ships worldwide and shipping quotes can be obtained from within the shopping cart. Shipping discounts are available and free shipping is offered for Canada and the United States upon reaching a certain total order amount (more than CAD $ 1,050 for the USA or more than CAD $ 2,999 for Canada). Orders of numismatic products of at least CAD $ 300 ship for free to the US or within Canada as well as orders of copper of at least CAD $ 200. Every package is insured, tracked and requires a signature upon delivery. Packages are discreet and Silver Gold Bull uses pseudonyms to provide further security in transit. Damaged shipments can be returned and upon receipt, the order will be re-shipped with a different carrier. Silver Gold Bull promises to have orders packed within 5 business days after the payment has cleared. Shipping will be performed by FedEx Overnight, Canada Post Xpresspost or Purolator within Canada or FedEx, Xpresspost/USPS for international orders.