Why can Bullion Trading LLC.com sell gold cheaper than my local dealer?
First of all the owners of Bullion Trading LLC. Have been in the gold business for more then 35 years. We have already been selling to wholesalers & dealers for many years. We have been selling to then at lower rates then these and are profitable at that. WE still have the wholesale business so this is not the only venue for us. We are also not keeping in stock those items that do not move much. The owners of Bullion Traders have been in the industry for over three decades. Such experience and the knowledge that comes with it allows us to do business more efficiently. Furthermore, those local dealers are likely getting their gold from businesses such as ours. Thus, they are marking it up to make a profit.
Bullion Trading LLC buy directly from the market without any middlemen or intermediaries that add in their margins or trading fees. They only sell from their active inventory and only stock in demand grain, coin and bar products so therefore they aren’t forced to pad daily published prices to support their inventory costs.
