Category Archives: Bullion

Another large online precious metal dealer bites the dust

Customers who buy and sell gold or silver bullion from online dealers in order to save a few bucks should be very, very careful!

Because it’s happened again.

On April 1st, one of the country’s largest metal dealers, Northwest Territorial Mint,? filed for Chapter 11 bankruptcy protection.

And not long ago in 2014, a large online bullion dealer, Tulving Company, suddenly collapsed and failed, presumably with 40 million dollars of their customer’s money.

Those two business failures alone should make you wonder why they failed at all.

But really… it’s simple. Continue reading