subscription bullion service?

Discussion in 'General Precious Metals Discussion' started by Nejmeh, Jan 20, 2014.

  1. Nejmeh

    Nejmeh New Member

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    Looking to subscribe to a set monthly bullion purchase, does anybody offer this?

    Like 5 oz a month, etc.
     
  2. DanielM

    DanielM Active Member Silver Stacker

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    Every dealer!!! Once a month add 5oz to the shopping cart then check out
     
  3. goldpelican

    goldpelican Administrator Staff Member

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    Been doing this for a few customers every Monday for a long time - set amount of unallocated.
     
  4. House

    House Well-Known Member Silver Stacker

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    How does this work, do you invoice them after you've put through the unallocated sale? Recently started to buy a weekly set amount of unallocated gold with GS but after the fourth week I had already forgotten to buy :rolleyes: Might pester you for this extra service soon :D
     
  5. goldpelican

    goldpelican Administrator Staff Member

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    Basically process a bunch of "Recurring Orders" every Monday, for set amounts of metal - you get a regular email from our website as if you had placed the order yourself. Not really something we advertise at all - a few people asked for it so we do it on a weekly basis. Much easier to manage than direct debiting say a fixed dollar amount each week from an accounting perspective on our end, because the spot price obviously moves week to week and that would mean tracking lots of little credits every week. Modeled the accounting and it looked a nightmare, gyms have it much easier!

    We only do it for orders scheduled to repeat every Monday though, if there's enough demand we could introduce a monthly cycle as well.
     
  6. swoydaz

    swoydaz Well-Known Member Silver Stacker

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    Awesome service.
     
  7. Nejmeh

    Nejmeh New Member

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    I was keen to set it up and forget about it
     

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