MetalStream Terms

MetalStream 

MetalStream allows for systematic investments into physical precious metals on a monthly basis. Your participation in this program is subject to the terms of the customer agreement in conjunction with the funding processes outlined below. To be eligible for any current month’s automatic investment program, you must enroll prior to trade execution date. Trade execution date is five business days following the 16th of the month, or in the event the 16th is not a valid business day, five business days following the next valid business day after the 16th. Please note that funds required for purchase must be in a Clients account prior to the execution of the monthly purchase transaction(s). In the event that adequate funds are not available in your account at the time of execution, GBI will execute the transaction for the amount of funds available in your account, up to the amount that was specified during the MetalStream registration. In selecting this service, you hereby authorize GBI to execute monthly purchase transactions for the desired product and dollar amount that you have specified. Although purchases are made on a monthly basis this program allows for redemptions to be entered any time and executed once daily. 

Based on a Clients direction, an account can be funded from a variety of methods: (1) electronic fund transfers from your checking or savings account (ACH), (2) Federal Funds wires, (3) checks (please allow adequate clearing time as discussed on the funding page.), or (4) via existing available funds on deposit with GBI. Clients will indicate the direction of purchases toward the available product(s) offered within the program – (see “MetalStream Product Offering and Conversion” section for more detail). 

MetalStream Product Offering and Conversion 

Multiple products are available within MetalStream, each of which indicates an interest in allocated physical precious metals. The products available are: 

• 1 oz Gold Maple - SLC vault 

• 1 oz Gold Bar - SLC and Singapore vault 

• 1 Kilo Gold – SLC vault 

• 1000 oz Silver Bar - SLC vault 

• 100 oz Silver Bar - SLC and Singapore vault 

These positions will represent fractional interests in the metal(s) selected during the enrollment process. When a client’s aggregate fractional interests in any product total 100%, the interest will automatically be converted into that whole bar(s) and/or coin(s) the following month. Earlierer instruction can be made via the online web portal. Once holdings are converted, they can be held for further storage or made available for delivery.