About Silver Bullion Pte Ltd

Our Service:
Silver Bullion Pte Ltd was created to offer a cost effective and reliable avenue to invest in physical investment grade (.999) Silver Bullion in Southeast Asia.

The Traded Bullion:
We own, buy and sell only the most recognized and liquid investment grade bullion whose purity is unquestioned globally and for which a strong volume buy/sell market exists. Sources include:
  • The US Mint
  • The Royal Canadian Mint
  • Johnson Matthey
  • Perth Mint Australia - (Primary Distributor)
  • Banco de México - The Central Bank of México - (International Distributor)
Our current in-stock bullion holdings for both S.T.A.R. Storage and local pickup can be seen online in realtime and orders can be locked-in 24/7 on either an immediate or pre-order pickup basis.

Our Role as a Local Market Maker:
We bring liquidity to the physical silver bullion market in South East Asia through:
  • Yearly Transaction Volumes: over 680,000 ounces of investment grade physical silver delivered in the year 2011.
  • Expedited Supplier Buyback: Silver Bullion Pte Ltd has entered into agreements with it's suppliers to sell back physical bullion stored in Singapore S.T.A.R. Vaults without the need to physically ship back or re-assay S.T.A.R. Storage bullion.
  • Company Assets: as of early 2012 Silver Bullion Ptd Ltd owns, debt free, over 80,000 ounces of physical Bullion of which a sizable proportion is held within the S.T.A.R. storage system which can be converted to currency if needed.
Our Company:
Founded in early 2009, Silver Bullion Pte Ltd was conceived to offer both it's owners and clients a practical and safe option to have full legal ownership of Physical Bullion in Singapore.

Silver Bullion Pte Ltd:
  • Is an Audited Singapore GST Registered Company Nr: 200907537M.
  • Is regulated by the Internal Revenue Authority of Singapore (IRAS) , falls exclusively under Singapore jurisdiction and there are no transaction reporting requirements to foreign countries.
  • Accounts are audited by independent Singapore Financial Auditors. Physical S.T.A.R. Storage bullion is audited by a London Bullion Market Association (LBMA) approved bullion inspection company.
  • Is authorized to issue Singapore Customs import and export permits.
As of early 2012 Silver Bullion Pte Ltd:
  • Fully owns over 80,000 ounces (2.5 metric tons) of investment grade physical silver and some gold.
  • Has no debt and, based on current fixed operating expenses, could operate for 20 years without sales.
  • Has delivered almost 1 million ounces of physical silver to thousands of customers.
The Rationale for Physical Bullion:
Physical bullion allows for direct legal ownership of the asset with no, or a minimum of counterparty risks. This is very different from purely financial products which are derivatives and only convey the status of "creditor" and often "unsecured creditor" to the purchaser. Furthermore - in the case of Paper Gold and Silver - the underlying asset often does not exists, is leased out to other institutions or has hundreds of concurrent claims against it.

The Unsecured Creditor vs. Owner distinction becomes very important should the financial product issuer, or one of it's key counterparties fail. As most financial institutions nowadays are highly leveraged and highly interdependent among one another the financial “contagion” risk of one institution’s default causing a chain reaction is quite real.

This interdependence caused the “too big to fail” dilemma as government throughout the western world are forced to bail out their overleveraged financial institutions by insuring their debts. However as we see western government themselves defaulting and as the true size of governmental debt and their off-the-books unfunded liabilities are better understood by the broader mass of investors the risk for a systematic breakdown and chain defaults as occurred during the great depression becomes ever more real. In this scenario physical bullion will become a highly sought after safe heaven as it is an asset, not a derivative, debt or promise which can be defaulted upon.

If western governments choose to provide near limitless liquidity to prevent such defaults and monetize these liabilities we will likely see a loss of confidence in the currencies involved as occurred during Germany’s famous hyperinflation in the 1920s. In this case physical bullion will become a highly sought after safe heaven because, unlike FIAT currencies, it is a scarce physical resource that cannot be created out of thin air.

Our Office / Depository Location:
Silver Bullion Pte Ltd is located within the Singapore Auxiliary Police Certis CISCO Centre compound near Paya Lebar. Certis CISCO is Singapore's largest provider of armed security services, safety deposit boxes and precious cargo transport. All local and export bullion pickups occur from this location. Please ensure you have a valid ID with you to access to the building. See Directions.

Our Mailing and Bullion Pickup Address:
Silver Bullion Pte Ltd
Floor #05-01A Certis CISCO Center II
20 Jalan Afifi, Singapore 409179
Singapore

While orders can be submitted online 24/7 our collection hours are:
Monday / Wednesday / Friday 1:00 PM to 7:00 PM
Tuesday / Thursday / Saturday 10:00 AM to 2:00 PM

Safe Deposit Boxes - Do It Yourself Storage:
Silver Bullion Pte Ltd is located in the same building that houses the majority of Certis CISCO safe deposit boxes and you can open an account with Certis Cisco when picking up your bullion. Access to these boxes is available to customers 365 days a year at a minimum 12 hours a day. For details see About Certis CISCO's Safe Deposit Boxes.

S.T.A.R. Storage - Tax Free, Insured Storage:
As of early 2012 Silver Bullion Pte Ltd offers Secure, Tax Free, Allocated (fully), Reserved (S.T.A.R.) Storage in the Singapore Freeport.

How to Contact us:
Phone: [country code] +65 [number] 6100 3040
FAX: [country code] +65 [number] 6826 4022
Email by subject:
Buying and Selling Bullion: sales@silverbullion.com.sg
S.T.A.R. Bullion Storage: storage@silverbullion.com.sg
Accounts & Billing: accounts@silverbullion.com.sg
Shipments, AWBs & Logistics: logistics@silverbullion.com.sg
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Order History
Distributor for:
Perth Mint Distributor
Banco De Mexico Distributor
Frequent Questions:
Spot Price / Ounce
Silver Bid Ask
in USD 34.11 34.16 0.04
in SGD 42.52 42.58 0.05

Gold Bid Ask
in USD 1,746.30 1,747.10 1.60
in SGD 2,176.76 2,177.76 1.99

SGD/USD 1.2465
Updated 8/2/2012 12:21
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