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The Kinesis Bullion store is open for business

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Kinesis is proud to announce the official opening of the Kinesis Bullion store, offering clients industry-leading pricing on independently-produced, investment-grade gold and silver bullion products.

While our goal is to reintroduce gold and silver as money, at Kinesis, we understand the value of holding physical gold and silver in your possession, and the economic freedom a personal collection brings.

The first bullion series showcases the bespoke artistry of the Kinesis in-house design team in a choice selection of rounds and bars that would make timeless additions to any bullion collection.

For the initial opening, the Kinesis Bullion store will be focused on offering silver bullion coins and bars – and shipping solely within the United States, with gold products and regional expansion to follow. We are currently seeking wholesalers across multiple regions to assist in the local distribution of Kinesis Bullion products, extending their availability to more clients worldwide.

Kinesis Bullion Series​

The inaugural Kinesis bullion series features the artistic motifs of the Greek goddess of justice, Themis, on our range of Kinesis silver bullion bars, and the Egyptian goddess, Ma’at, on the Kinesis coins.

The Bullion series has been designed to embody the intrinsic values of the Kinesis system: honesty, fairness, trust, balance, harmony, and justice with bespoke designs crafted entirely in-house by our talented team of artists.

In line with Kinesis’ commitment to quality, every single gold and silver product achieves a minimum fineness of 9999 (gold) and 999 (silver), with certification provided. All bullion coins and bars are subject to lab testing procedures to ensure the highest quality standards.

The Kinesis Physical Mint​

Through the Kinesis Bullion store, clients can purchase the finest investment-grade bullion independently manufactured in our 56,000-square-foot mint and refinery facility, based in Istanbul, Turkey. The refinery and mint can produce bullion at wholesale capacity for the Kinesis Bullion store and other major bullion retailers.

The decision to manufacture our own unique gold and silver products was taken to offer investment-grade coins and bars at extremely competitive pricing to our community. Whereas other suppliers have no choice but to purchase gold and silver from manufacturers, Kinesis’ close control over each stage of the production of our products, allows us to offer our customers unique value.

Buy gold and silver with KAU and KAG​

In an intriguing advancement for the precious metals industry, the Kinesis Bullion store will enable Kinesis users to purchase bullion products with their Kinesis gold (KAU) and silver (KAG). By making payments with Kinesis currencies, users have the opportunity to buy precious metals in the most cost-effective way, eliminating the price risk that comes with purchasing bullion with fiat currencies.

As another option, Kinesis Bullion products can also be purchased directly via bank transfer to the Kinesis Bullion store.

Delivery​

We have taken every step to ensure that buyers are satisfied from the moment of purchase to the point their bullion product reaches their door, with insured delivery on all of our bullion products.

The Kinesis Bullion store offers free shipping on orders above $199. We deliver items purchased at the store within 7 working days of receiving payment across the United States.

Part of your collection​

Following the launch of Kinesis Bullion, we will continue to expand into the commercial physical precious metals space, both in our bullion retailing provision and wholesale supply.

As Kinesis coins and bars enter the personal vaults of bullion collectors and silver stackers everywhere, it will drive brand awareness of Kinesis throughout the industry. The physical bullion products, the same as the platform’s product offering, will become synonymous with quality and fairness. Another powerful string to Kinesis’ bow, the store reaffirms Kinesis’ position as a global leader in the precious metals space.

Kinesis fully supports those seeking physical ownership of precious metals. The Kinesis Bullion store offers bullion of superior value and unmistakable quality for anyone wishing to begin or grow their physical precious metals collection.

Visit the Kinesis Bullion Store today!

Visit the official news post on Kinesis website.
 
The fact that Kinesis is now also minting it's own bullion is magnificent. It also greatly adds confidence for new people joining Kinesis. Hope these coins and bars are flying off the shelves. Only question I have is if this adds anything to the Master fee pool. Guess still the 0.45% applies but have not seen this explained - or did I miss anything?
 
I'm guessing you'd have to buy KAU/KAG (.22%) in order to transfer to KMS(.45%)...all that should be going into the MFP
 
I'm guessing you'd have to buy KAU/KAG (.22%) in order to transfer to KMS(.45%)...all that should be going into the MFP
But what about if someone uses US$ and is not a Kinesis user. How much will then go in the pool? 0.22%?
But instead of us making assumptions I think it deserves an official clarification.
 
While payments in KAU/KAG will generate the fees as outlined by Rhyno above, a payment in USD clearly doesn't generate fees.
In fact, USD card payments will generally have associated costs.
It might be worth the store offering a discount for KAU/KAG payments to incentivise these.
SBPM has done this.

Regardless of whether this is done, the bullion store and the wholesale operation to other dealers is a great way to spread awareness and potentially add new Kinesis accounts, which subsequently generate fees.
 
Doesn't seem that credit or debit cards are an option; just KAU/KAG and direct bank transfer. That said I think the incentive is to find some KAU/KAG to pay with.
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Doesn't seem that credit or debit cards are an option; just KAU/KAG and direct bank transfer. Most people are not going to put their bank account info into a website. That said I think the incentive is to find some KAU/KAG to pay with.
Interesting to know.

Is there any price difference between KAU/KAG and Direct bank transfer?
 
But just to get it straight.. if (big if ;-) Kinesis sells 1 Billion dollars of metals in USD over a year. 0% of this will add to the yield pool? Is this the conclusion? Guess ABX will be the revenue maker in this case and not Kinesis since Kinesis also is paying itself through the yielpool...correct?
 
There is a disincentive to use the bank draft by adding a $15 fee. Being in the US, doing direct bank pays are very uncommon in retail and I doubt many will go that route.

IMO most of the bullion will be bought using KAU/KAG. So one has to obtain them @.22% fee and then they are 'transferred' to Kinesis at checkout, which amounts to a .45% fee. All that goes to the master feel pool.

I'm guessing if a person does not want to use KAU/KAG they will use a credit card and go through a bullion dealer instead of this official website.
 
But Kinesis bullion is already sold through at least one bullion dealer. And I hope it will be sold through a lot more bullion dealers.. hence my question if this would add to the yield pool. But I guess the answer is no...
 
That's a question for Jim Forsythe but the way I see it is bullion stores get their metals through the Kinesis redemption mechanism so the fee pool does get fed from the initial purchase..
 
Is Bullion sold in the Bullion store, the same Bullion that is represented in the audits, or a separate stock owned by ??
 
I Would Like to See Kinesis Get Some Valaurum Sheets Produced & Sold at the Bullion Store. Each Sheet Would Be "1 KAU, .5 KAU, .25 KAU etc." ... Same Company Behind the Goldbacks. This Would Provide a Way for Kinesis to Offer a Physical "Cash" Type of KAU. In Indonesia Cash Payments Account for 75% of Transaction. (2020 Worldpay Global Payments Report)
They are talking to each other. I put them in touch. ☺️
 
160 kOzs per month silver is currently what they are shipping. Has kept up recently.
That is about 5 Ton of silver or 320 monsterboxes... Wow!! Really impressive... And each ounce sold works better than a paper business card... although it might not hurt to include a Kinesis pamflet or something with each purchase... just thinking out aloud..
 
That is about 5 Ton of silver or 320 monsterboxes... Wow!! Really impressive... And each ounce sold works better than a paper business card... although it might not hurt to include a Kinesis pamflet or something with each purchase... just thinking out aloud..
We (Silverback Precious Metals) are selling the vast majority of those tons to retailers. Have been aggressive on price so stores use them as generics. Plan to start encouraging stores to accept KAG/KAU as payment.
 
We (Silverback Precious Metals) are selling the vast majority of those tons to retailers. Have been aggressive on price so stores use them as generics. Plan to start encouraging stores to accept KAG/KAU as payment.
I really like they way Kinesis is partnering. It is more like working together than a business first approach... Really glad you guys and Jim are part of the team!!!

Maybe SBPM should open op a store in Europe so I get a chance to buy some shiny!!!
 
I really like they way Kinesis is partnering. It is more like working together than a business first approach... Really glad you guys and Jim are part of the team!!!

Maybe SBPM should open op a store in Europe so I get a chance to buy some shiny!!!
We are hoping that when Kinesis sets up distribution in Europe we can tap into that. Have discussed it.
 

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