Battle Royale: 120oz PM or Royal Silver Club

M

mickjohn

New Member
Which would you prefer?

At current spot you can get around 120oz Silver from Perth mint for $5k
http://www.perthmintbullion.com/au/View-All-Bullion.aspx

Same price gets Royal Silver Club membership which advertises a return of between 11-30%. Over 2 years you will receive 24x 1 oz rounds from them and after that period you get your initial investment returned in full. There are other options of purchasing coins at a discount, allowing for re-sale and improving your ROI. Limited to 400 memberships of which 232 are still available.
http://www.royalsilver.com/retailstore/

There appears to be a bit of value to the Royal Silver membership and I am almost pulling the trigger, however it has not been very successful (IMO) at selling these memberships. I know there are a few members on here with the memberships and i want to know peoples concerns or other about joining this program.
 
We're all at different stages with our stacking. Ultimately you will need to make your own judgement call.

As far as I'm concerned I'm no where near where I want to be and would use that 5K on 120oz.
 
thats a long time to tie your money up in a south american country
 
I asked the CEO a few questions about this and he got shirty and suggested dropping me off Royal's mailing list.

You have to consider the small risk that any company has of going bust. Your certificate would probably be worth nothing in such an event.

Then ask yourself what a usd will be worth in aud in 2 years. You'll get repaid US$5,000, then you'll need to convert to aud.

On the latter point, stellaconcepts made a hedging suggestion on youtube, but this is for those prepared to familiarize themselves with a foreign exchange technique.

The other thing that put me off was the complications that have been mentioned about fedex withholding tax, and hassling to get an exemption from customs office.

It's all doable if you've got the time and are an organized personality
 
What a difference 9 months makes. If a person had invested $5K in physical silver at $41.66 and purchased 120 ounces, he or she would be losing 26%--a $1,300 loss on a $5,000 investment. But those who advised buying silver and who said Royal Silver Company would not honor its bond, don't post in hindsight to say they were wrong. So I thought I'd point out the obvious answer to the original post--buying a Membership was the best decision. From the time of the post, Members of the Royal Silver Club have received 6 to 9 free coins per Membership and their investment has increased in value against the AUD. All Members wishing refunds have received them, so their investment has been proven liquid. Some Members make money buying our coins for wholesale and re-selling at higher prices. In all, Members have received the benefits of free silver, wholesale silver, and capital preservation. Buying the world's first silver bond--The Royal Silver Club--has proven to be a sound investment with a good return--and most important--no loss of capital. Obviously the skeptics will have something negative to post as soon as I put this up, but facts are difficult to deny. Oh, yes, in case it is not obvious, I am the CEO of Royal Silver Company. I am grateful to this forum for helping to develop our world-wide reputation for producing nice rounds. And I thank forum members who have invested with our company.
Best regards,
Brian McConnell
 
i personally have no qualms with royal silver, they have always been 100% true to their word in my dealings, some of which have been considerable $ amounts, although there has been some lag in communication from time to time. all investment carries some degree of risk otherwise we'd all be lighting up cigars with $100 bills.
 
Royal Silver CEO said:
and who said Royal Silver Company would not honor its bond, don't post in hindsight to say they were wrong.
Click to expand...

That might be because no-one said "Royal Silver Company would not honor its bond"

So I thought I'd point out the obvious answer to the original post--buying a Membership was the best decision.
Click to expand...

Arguably, but with hindsight that we didn't have, and with the USD having held up.

I'm not unhappy that your company is working out, but anyone can reasonably discuss the risks and inconvenience of a commercial product against a simpler, arguably less risky option - the more so when opinion is invited.
 
Here is some advice before investing in bonds that are not listed or cleared though some form of reputable clearing house (Eg Euroclear etc...), or registered with a securities regulator (Eg APRA, SEC, FSA)

*Demand full financials.. make sure they add up to the last dollar, and are updated and released regularly.
*Obtain a written contract in an enforceable jurisdiction (eg. NYC)
*Make sure that bond seller had funds in said jurisdiction (no good having a US law contract if the money isnt in the USA) - A letter of credit from a major international bank is usually enough
*Make sure there are liquidity/solvency clauses (eg. if free cash-flow falls below X, bonds are repaid)

At the end of the day (as with any investment) - caveat emptor and DYODD
 
if we must choose either one, then bullion bars for now.

cents:

we seen price 48 usd, now is only below 31. the discount to consider is just too good.

yes silver price may go down, but in percentage terms...they are more limited now.
 
The appeal and difference here is they are offering access to a rare product .99999 at mates rates as well.If i had the 5 k spare i might give it a whirl.
Better odds than a casino,poker,tattslotto,horse race's,greyhounds,Blackjack or dice
Maybe no one said Royale wouldn't honour its bonds but certainly the warning cries were put out there to infer just that rightly or wrongly.
Consider that at its basic investment level 400 memberships x$5000=2millHardly warrants a mention as a monetary scam of any significance if they were so inclined.
No body's complained yet of losing money and the CEO makes a compelling point.

REDBACK
 
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