I spend $5000 and you send me one ounce of silver? And if i wait a year I can buy cheap coins? That's going to be a nervous year.
It is 1oz per month and as Brian said it is paid three months at a time (in advance). Also, you can order your $5000 of discounted coins the day you purchase your bond.
Royal Silver is a refinery and mint. Not a mine. This kind of debt issuance is pretty much standard practice for businesses of the size and stage of development of Royal Silver. The only unusual thing about it is the fact that interest is paid in silver ounces and there is the option to buy wholesale rounds (and to clarify, you don't send money for them until you receive them).
I just want to give some good feedback about Royal Silver Company. 6 months ago I bought into the Royal Silver Company Clubmembership (1 bond) and to date I have 6 coins as promised with no dramas. I also recently did a bulk order using the $3 + spot price that I get for being a club member and Im looking very forward to getting the new members only coins. I have not seen the design yet of the pygmie mokey coin but if it is as good as the blue throated macaw's, Im sure it will be a big hit and a well sort after coin for collectors and investors. I understand that there is a risk that I will not see my money at the end of the 2 years but I really feel that this will not be a problem and the company will grow in leaps and bounds. There are still some Club memberships available, if you are on the fence or thinking about it, go for it. Looking back at it, it was not an easy choice for me to make to be honest with you. I had people ie family and friends tell me it was a scam or a big risk and I was crazy to invest my hard earnt money to a 3rd world country and that I should just buy physical silver then at $42oz, I think it was before the big drop. I really feel that I made a good and right choice for me and can not say a bad word about Brian the CEO of RSC and his team. Guys if you have 5k to spend, have a good look at Club membership, they are now doing 13 cions a year whilst silver is below $35 US and you still can get a $100 off promo for the club membership. Check out their web site www.royalsilvercompany.com the videos are pretty cool. Sorry if I sound like a door to door sales man, I just believe in word of mouth and I think this is a good thing and wanted to share that with you. Cheers Lunty
He got them moved to his ozstellaconcepts channel for some reason. And has dedicated his stellaconcepts channel to Australian Bullion Exchange related videos.
I'll just wait for Royal Silver bonds from Nigeria. They have plenty of princes and rich dead long lost relatives to back and secure my investment