Many ask how does KB do it? Their service is free, storage is free, their prices are competitive and they pay a potentially huge amount to any of their existing customers who refer this free service to others.
There are a several reasons.
This savings program is offered by a privately owned, totally solvent 17 year old German Financial conglomerate of 23 companies. Due to past success in the financial field they are completely dept free and own everything outright.
This company also owns its own
- gold mines,
- precious metals refinery, and
- bullion mint,
eliminating the middle man and associated costs. It costs them presently around $450 dollars to produce one ounce of gold. This is their bottom line hard costs. With gold prices around $1500 presently...well, you can do the math.
Customers can even store their bullion at no cost if they wish and once they are a *preferred customer, shipping is also free.
In addition to all these benefits, preferred customers also receive a 3% discount on their already competitive prices for all new purchases.
*a preferred customer is anyone that has acquired 100 units i.e. 100 one gram cards. (at some point 1/2 gram cards will be available to fulfill this, but these are not yet available due to an attempt to apply a VAT to purchases of the smaller units in several countries)
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