Terms and Conditions

The unallocated or allocated precious metals can be firmly reserved by the Buyer 24 hours a day 7 days a week by paying KRSTU online by PayPal the purchase commissions with his valid credit card(s). Precious metals are a non-speculative investment. The Buyer can sell them back through to KRSTU without fine not earlier than 6 month after their purchase or sell them with fine of 2% per month before this deadline, deducted from the proceeds of his sale.

The paying of the purchase commissions by the Buyer indicates the definite acceptance by the Buyer of the Terms and Conditions of purchase set forth below. Read them carefully before buying precious metals. The time of purchase is certified by the time stamp of the e-mail from PayPal.com about the payment of the "Buy" commissions sent simultaneously to KRSTU and the Buyer. The price of metals bought is the price quoted above charts of metals on the Buy Gold, Buy Silver, Buy Platinum, Buy Palladium pages.

Within an hour after the confimation from PayPal the Buyer sends an e-mail for each lot to KRSTU.metals@gmail.com with the price of precious metal he noted on top of chart to the right, price of purchase that equals the multiple of the price by the size of the lot, the transaction ID, time of purchase from the e-mail from PayPal.com.

Within an hour the Buyer receives an e-mail from KRSTU confirming or correcting the prices of the metal and the lots. The Buyer sends an e-mail either accepting or refusing the final proposition of KRSTU and his address to mail the contract with KRSTU. If the Buyer accepts KRSTU sends him the contract. If the Buyer declines KRSTU refunds the commission paid by the Buyer during its working hours. If the Buyer does not answer within 24 hours the sum of the purchase commission is not refunded; and the Buyer`s purchase of the precious metals is cancelled.

The lots the Buyer reserved online become definitively bought only if the balance due is paid within 24 hours by the Buyer by bank transfer which must be credited to KRSTU account not later than 10 working days after the Buyer paid the purchase commissions online. Upon the credit of funds KRSTU mails the Contract that includes this Terms and Conditions by DHL. The Buyer mails the Contract signed back to KRSTU via DHL. If the balance of the payment of the Buyer`s purchase of the precious metals is not credited to Seller`s bank account within 10 working days after the Buyer pays a purchase commission online, the sum of the purchase commission is not refundable; and the Buyer`s purchase of the precious metals is cancelled.

The Buyer can sell without fine back to KRSTU the unallocated or allocated precious metals not earlier than 6 month deadline after their purchase by paying a €1 (one euro) on the page Sell commission per lot of the precious metals he sells. The Buyer can sell before the 6 month with fine of 2% per month before deadline, deducted from the proceeds of his sale.

Payment of commissions is made online with Visa, MasterCard, Discover or American Express via PayPal. The Buyer is not required to open an account with PayPal considered to be the most reliable payment system on the web. PayPal does not communicate the credit cards data to KRSTU. The total amount of commissions paid by the client with credit card(s) may be limited by the bank that has issued it. As an extra security all operations with accounts of the Buyers are made with off-web computers.

Unallocated precious metals are traded on COMEX (Chicago), NYMEX (New York), LBE (London). There is no charge for storage of unallocated precious metals.

Allocated precious metals are safely physically stored in the vaults in New York, London, Zurich, Hong-Kong. The Purchase of the unallocated or allocated precious metals frees the Buyer from the problems of security and insurance of the storage.

Refusal of KRSTU to sell prior to the reception of the Contract: KRSTU reserves the right to decline unilaterally and without any further justification the sale of the precious metals to the Buyer who paid online the purchase commission. KRSTU refunds free of charge the sums paid by the Buyer online. KRSTU reserves unilaterally and without any further justification the right to decline further sales of the precious metals to the Buyer who paid online the purchase commission and the balance. KRSTU refunds the Buyer within 10 working days free of charge the sums paid online and the balance transfered by the bank of the Buyer €35 of the IBAN or €70 of the SWIFT transfer expences deducted.

Refusal of KRSTU to sell after to the reception of the Contract: KRSTU reserves the right to decline unilaterally in case of instructions or actions Frecnh courts and/or authorities. KRSTU refunds the Buyer within 10 working days free of charge the sums paid online and the balance transfered by the bank of the Buyer €35 of the IBAN or €70 of the SWIFT transfer expences deducted.