FAQ – Buying and Selling Gold

A wide variety of internationally recognized bullion bars and coins are available within your Clear Title Account. We make buying and selling gold easy.

SMALLER EXACT WEIGHT BARS

A variety of smaller exact weight bars is available to clients of Strategic Gold. The fine gold content of exact weight bars is determined by their fineness. A client pays only for the fine gold content.

The Primary Bullion Market offers smaller, exact weight bars, at a premium to the Spot Market Price. For example, Kilo bars (32.148 oz) generally trade at a $2 premium to Spot while one ounce bars generally trade at a $5 premium to Spot.

LARGER GOOD DELIVERY BAR

London Good Delivery: London Good Delivery Bars weigh approximately 400 oz (12.5kg). Bars must weigh between 350 oz and 430 oz (fine gold) and trade at the Spot Market Price.

Comex Good Delivery: Comex Good Delivery Bars weigh approximately 100 oz. The weight can vary between 95 oz and 105 oz (fine gold) and trade at the Spot Market Price.

Good Delivery Gold Bullion Bars are purchased at the Spot Market ‘ask’ Price.

Good Delivery Gold Bullion Bars are sold at the Spot Market ‘bid’ Price.

SILVER BULLION BARS

Silver is available in smaller denominated 1, 5, and 10 ounce bars as well as Kilo bars, 100 ounce bars, and 1,000 ounce bars.

1,000 ounce silver bars generally trade at the Spot Market Price while smaller bars generally trade at a premium to Spot.

GOVERNMENT MINTED COINS

Clients may also hold government issued gold and silver coins in their account. These include, but are not limited to, American Eagles, Canadian Maple Leafs, Austrian Philharmonics, and South African Krugerrands. Precious metals purchased through Strategic Gold are manufactured by refiners recognized by the LBMA for their production of investment grade good delivery bars. Strategic Gold offers a wide selection of gold and silver bars and coins.

• ADDITIONAL RESOURCES:
• Please visit our products page for a complete listing and prices
• Learn more about Good Delivery

We only buy gold from an LBMA (London Bullion Market Association) approved source in the Primary Bullion Market at the internationally recognized Spot Market Price. We do not add mark-ups to your purchase price.

Clients of Strategic Gold Corporation are able to take full advantage of “large scale” cost savings associated with buying, vaulting, insuring and reselling of their gold and silver bullion on the professional market.

We believe that clarity and trust make strong relationships. As a result, the Strategic Gold trading platform provides its clients with the fully transparent internationally recognized Spot Market Price as it is quoted directly in the Primary Bullion Market.

• ADDITIONAL RESOURCES:
• Please visit our products page for a complete listing and prices
• Learn more about the Primary Bullion Market

Purchasing gold through Strategic Gold is easy. There are 3 simple steps:

• 1) Submit a completed Account Agreement to open a Clear Title Account;
• 2) Fund your account; and
• 3) Place your order.

• ADDITIONAL RESOURCES:
• How it works
• Learn more about making transactions

The price you pay will be the widely recognized Spot Market Price of gold on the Primary Bullion Market at the time of your purchase. No mark-ups will be added to your price. Strategic Gold gives you a significant advantage of being able to buy and sell your precious metals quickly and easily within the Primary Bullion Market.

You trade at spot prices from the Primary Bullion Market as they update in real time. Our prices are live from the professional market. This means that you get the most up to date gold or silver price when you purchase precious metals in your Clear Title Account.

• ADDITIONAL RESOURCES:
• Please visit our products page for a complete listing and prices
• Learn more about order execution, clearing and settlement
• Learn more about superior executions

Your precious metal purchase is based upon the fully transparent, current Spot Market Price plus a transaction fee. There are no other hidden fees or costs.

With Strategic Gold you avoid costly shipping and handling because you are purchasing metals already stored in a vault. You also avoid the often high mark-up one must pay for bullion coins and small bars to cover the fabrication costs.

For an overview of our simplified fee schedule, please refer to our fees page.

• ADDITIONAL RESOURCES:
• Please visit our products page for a complete listing and prices
• Learn more about how your Clear Title Account gives you the best price
• Learn more about our fee schedule

Strategic Gold Corporation requires a minimum investment of 1 kilo bar for new accounts. Subsequent purchases can be made in increments as small as one ounce. Beyond that, there is no minimum or maximum order amount, which means you can purchase or sell as little or as much as you want.

There are no restrictions or lock-up periods on sales. Your Clear Title Account assets are your property and you can add to them or liquidate them whenever you want.

• ADDITIONAL RESOURCES:
• You can purchase or sell quantities as small as one ounce
• Learn more about account minimums

Once you have submitted your Account Agreement and funded your account, you may begin to purchase gold or silver anytime. We will always follow your written order entry instructions. Market orders will be executed immediately. You will receive a written confirmation of your purchase upon the execution of your trade.

You will also be able to view your updated account details through the Client Portal at the end of each day. To view your transactions simply log into your Clear Title Account.

• ADDITIONAL RESOURCES:
• Go to the Clear Title Account Client Portal

As soon as you have transacted your purchase, you will receive a confirmation from Strategic Gold Corporation giving you details of the cost of the bar(s) purchased and the balance (if any) to be refunded to your account.

Upon settlement, two business days after your purchase has been transacted, Strategic Gold will issue your Finalized Transaction Receipt that will identify your specific gold bars by weight, purity, hallmarkhallmark and serial number.

You will also be able to view your updated account details through the Client Portal at the end of each day. To view your account details, transactions, specific bar details and activity, simply log into your Clear Title Account.

• ADDITIONAL RESOURCES:
• Learn more about how your assets are independently verified
• Learn more about our semi-annual audits of the vaults
• Learn more about the safety of your bullion

Strategic Gold ensures the integrity, purity and quality of the metals purchased on its platform. Strategic Gold only purchases gold and silver from the Primary Bullion Market. Therefore, all precious metals are investment grade according to the strict criteria of the “Good Delivery” Chain of Integrity. The gold and silver bullion on our platform is bullion recognized and accepted by the professional markets.

The good delivery bars which Strategic Gold purchases on your behalf are guaranteed at a purity of at least 99.5% pure gold or better. These good delivery bars are then held in LBMA accredited professional vault facilities. When you own metals using your Clear Title Account, the metal does not leave the Chain of Integrity, so when you decide to sell, the quality of your assets is guaranteed. This ensures that your investments in precious metals through your Clear Title Account are 100% legitimate.

Furthermore, every bullion bar you own has 4 distinct qualities:

• a) a specific weight;
• b) a specific purity or fineness;
• c) a specific refiners mark; and
• d) a specific serial number.

No two bullion bars are the same. Therefore, the gold that you hold direct title to is recorded in our registry by its distinct combination of these four qualities. Moreover, an independent audit is conducted semi-annually by Bureau Veritas, where each bar is accounted for by its unique combination of these 4 qualities and allocated to one specific Clear Title Account. Results of these audits are mailed to each accountholder with the statements. These audit results are also posted to each accountholder’s online account.

• ADDITIONAL RESOURCES:
• Learn more about your bullion assets are legitimate and pure
• Learn more about how your assets are independently verified
• Learn more about our semi-annual audits of the vaults
• Learn more about the safety of your bullion

Gold is classified in a variety of ways in various jurisdictions throughout the world. It does maintain a special position within certain tax jurisdictions. For example, people who buy gold bullion bars for ‘investment purposes’ within the European Union do not incur Value Added Tax (VAT). VAT is considered a tax on consumption. Good delivery gold bullion is considered an investment metal in the UK, the EU and in Switzerland. Therefore, Clear Title accountholders from these jurisdictions can buy and sell gold using Strategic Gold’s Clear Title Accounts without incurring VAT.

In the United States, physical gold ownership is not considered an ‘investment’. Rather, it is a real asset and a collectible.

Since we are not in existence to assist tax avoidance or to provide tax advice, you should not exclusively rely on our commentary concerning this subject. We recommend that you consult your tax advisor on this issue before opening a Clear Title Account.

All bars available for purchase and/or delivery are in a purity range of 99.95-99.999. Clear Title accountholders can request bars of a specific fineness/purity as part of their purchase instructions.

• ADDITIONAL RESOURCES:
• Warranted bullion content

All small bars are cast bars by LBMA credentialed refiners. Clear Title accountholders can request bars of a specific hallmark or purity as part of their purchase instructions. We will be happy to advise you as to the availability of these bars.

• ADDITIONAL RESOURCES:
• Learn more about small bullion bars

All precious metals held in your Clear Title Account are insured to their full market value against all insurable risks, including theft. Your assets are stored in professional vaults using specialist vaulting companies. These are vaults recognized by the international exchanges of the wholesale markets and the London Bullion Market Association (LBMA). Our preferred vaulting partner is Loomis International. These professional vault operators provide insurance for all assets held in custody.

These storage providers are the best at what they do, and their exemplary security records and economies of scale mean that they are also able to insure themselves, and therefore you, at an extremely competitive cost. You benefit from a far smaller insurance cost per unit, than those incurred with private custody and other forms of storage. The cost of insurance coverage is included in our very competitive administrative fee.

Yes you can. We can organize secure transport from anywhere in the world; from a bank, from a bullion vault, or from Comex.

To request a transfer, please contact us via email at accounts@strategicgold.com or call us at 239 692-9154.

• ADDITIONAL RESOURCES:
• Depositing bullion into your Clear Title Account

Strategic Gold gives you access to the Primary Bullion Market – one of the deepest capital markets in the world – you will receive the Spot Market ‘bid’ price when you sell all or part of your bullion assets.

Simply submit your written “sell instructions” to us and we will immediately execute the sale transaction based on your instructions. Because your bullion assets are LBMA credentialed and within the “Chain of Integrity” – Good Delivery Status is intact; your sale is transacted immediately.

Sell orders settle within two business days. When you place your order, you can either leave your sale proceeds in your Clear Title Account or have them transferred to your Bank Account of Record. You can request your disbursement via check or bank wire. Disbursements made via bank wire carry a $60 wire fee. Disbursements made by check carry no fee.

• ADDITIONAL RESOURCES:
• Selling bullion in your Clear Title Account
• Withdrawing money from your Clear Title Account

Your precious metal sale is based upon the fully transparent, current spot market price plus a transaction fee***. There are no other hidden fees or costs.

With Strategic Gold you avoid costly shipping and handling because you are selling metals already stored in a vault. You also avoid the costly discount for bullion coins and small bars levied by dealers and market makers.

• ADDITIONAL RESOURCES:
• For an overview of our simplified fee schedule, please refer to our fees page
• See our Fee Schedule

The Clear Title Program offers owners the ability to arrange collection or delivery of the bullion held in a client account at any time. The Clear Title Program requires three business days’ notice for the delivery of bullion holdings.

If a client takes possession at one of The Clear Title Program’s storage locations, there is no additional fee. If a client requests delivery of all or part of their account holdings to an alternative location, all fees associated with the safe transport of their bullion are the responsibility of the owner. As this cost is determined by the exact delivery instructions, clients will be invoiced for the specific costs associated with the transaction.

• ADDITIONAL RESOURCES:
• Your right to take physical delivery of your bullion
• Procedures for withdrawal of your bullion

No. Strategic Gold works on an agency basis and does not take any proprietary risk on transactions. Strategic Gold is not a market-maker or broker-dealer. Pursuant to our organizational charter, we will not engage in speculative trading or market making activities.

• ADDITIONAL RESOURCES:
• Our risk management

All trades must be authorized by written instructions from the Clear Title Account owner or its designated representative. This initial control prevents unauthorized executions from occurring.

All bullion purchases are done on a pre-funded basis meaning the cash necessary for the purchase must be in the account before the trade is originated. The Company is able to execute trades on behalf of a client’s Clear Title Account in the Primary Bullion Market. The Company’s trading relationships are exclusively with members of the LBMA so that all bullion products are part of the Good Delivery System.

The Company calls the trading desk of our trading partner and enters an order to buy bullion based on the client’s written instructions. Details of the transaction are recorded and a confirmation of the trade is generated by the bullion trading desk and sent to the Company. The trade details are entered into our Precious Metals System and a preliminary transaction purchase report is generated. This preliminary trade report is reconciled to the bullion trading desk confirmation. Once this reconciliation has occurred, the trade goes through the approval process. An operator other than the one responsible for entering the trade into the Precious Metals System reviews the trade details and can then either approve or reject the trade, if necessary, to correct an input error. On settlement date (T+2), when the specific bars are moved into custody, a similar approval procedure is followed. All the specific details of each bullion bar purchased as part of the trade are reconciled to the list produced by the bullion trading partner and payment is authorized. A final transaction purchase report is generated by the Precious Metals System and reported to the Clear Title Account owner.

Just as with purchases, all sales in a Clear Title Account must be authorized in writing. The Company acts upon the duly authorized instructions from the client and calls the bullion trading partner to sell the specific bullion bars identified in the client Clear Tile Account that are to be sold. Details of the transaction are recorded and a confirmation of the trade is generated by the bullion trading desk and sent to the Company. The trade details are entered into the Precious Metals System and a preliminary transaction sales report is generated. This preliminary trade report is reconciled to the bullion trading desk confirmation. Once this reconciliation has occurred, the trade goes through the approval process. An operator other than the one responsible for entering the trade into the Precious Metals System reviews the trade details and can then either approve or reject the trade, if necessary, to correct an input error. The Precious Metals System generates an Authorization to Release Material report for the vault facility where the bullion is stored. On settlement date (T+2), a similar approval procedure is followed. The bullion from the sale is released to the bullion trading partner and proceeds from the sale are received into the client’s Clear Title Account. A final transaction sales report is generated by the Precious Metals System and reported to the Clear Title Account owner.

• ADDITIONAL RESOURCES:
• More information on execution, clearing and settlement

We are constantly working to integrate into new clearing platforms and report aggregators. Please ask if we work with your broker. If you have any suggestions for future partners, please let us know.

You can contact us via email at accounts@strategicgold.com or call us at 239 692-9154.

There are no taxes payable on the purchase of bullion through Strategic Gold Corporation.

You may have to pay a sales tax if you take delivery or transport the bullion to a jurisdiction that requires such tax to be paid. You will be responsible for any sales or Value Added Tax (VAT) tax payable in your jurisdiction. You should consult with your tax advisor for definitive answers in the area of taxes.

Strategic Gold, operating as an agent of our clients, is currently not required to apply any withholding taxes on capital gains made on precious metals sold from a Clear Title Account. We have no requirement to report your sale to any government agency.

However, clients are advised to consult their own taxation professional in regards to the taxation and jurisdictional implications and issues (if any) of investing in precious metals in the Strategic Gold Clear Title Account Program.

No. Silver is generally subject to VAT but when you buy silver bullion using Your Clear Title Account you are buying silver bars stored in bonded storage facilities. This gives the metal a status of “bonded bars” which is important since it means that from the point of view of the tax authorities, the silver bullion bars have not yet been imported into the UK/EU or Switzerland and are therefore not subject to VAT.

VAT does apply when a customer asks to take delivery of their silver investment from bonded storage into their personal custody in the UK, the EU or Switzerland. This is because the silver bullion is then deemed to have then been imported. In the event of delivery into personal custody, the customer is obliged to pay this VAT prior to receiving his bullion.

Since we are not in existence to assist tax avoidance or to provide tax advice, you should not exclusively rely on our commentary concerning this subject. We recommend that you consult your tax advisor on this issue.