Bullion is a term used to describe any product produced from a precious metal whose value is determined almost exclusively by its precious metal content. Bullion is priced in conjunction with current market ”spot” value plus a premium for fabrication and shipping costs.
As with anything in life, diversification is always important. A good mixture of gold, silver, platinum and other metals in your portfolio will help reduce your risk. Many prominent analysts are currently saying that you should be overweighted in silver. That depends on your time horizon and risk tolerance.
• Complete: your shipment metal has been sent; tracking number will be provided in an email and you can track your shipment online • Processing: your package is being boxed and is in queue for shipping • Pending: we are waiting for payment from you (note: if you had paid by PayPal or interact online, it can take up to 5 business days for the funds to be released into our bank account. Cheques take up to 30 days to clear. For faster shipping we encourage you to use bill payments or interac e-transfer.) • On hold: your order is not being shipped because you have asked for it to ship at a certain date or we are waiting for payment to clear.
By purchasing through Canadian Bullion Services, you receive superior exchange rates. Typically the exchange rate is only 1% above spot. Most banks in Canada typically charge 3-4% above spot. We pass on our superior exchange rates to you.