Vault Silver Website Terms and Conditions

Risk Disclosure

General Terms
Purchases of coins, bullion and collectibles involve substantial risk. Historically, there have been periods of varying length during which prices of coins, bullion and collectibles have moved adversely. Market prices are volatile and unpredictable and may be affected by a variety of factors including, among others, general economic conditions, political events, monetary policies of various countries, speculative activity, transactions and events in futures markets and the degree of concern people have about these matters. It is impossible to forecast accurately how or to what degree these or other factors will affect prices.

Purchases of coins, bullion and collectibles should only be made with discretionary funds and not with monies necessary to cover or produce Client's day-to-day living expenses.

Before Client chooses to buy or sell, Client must determine in Client’s own mind Client’s ability to understand the transaction and to meet all financial commitments to be made. Persons with limited investment experience or low incomes or assets should be particularly sensitive to the risk and requirements involved in buying coins, bullion and collectibles.

Vault Silver and its representatives are not agents for Client and owe no fiduciary duty to Client.

Neither Vault Silver nor its representatives can guarantee any market movement.

While Vault Silver intends to maintain a buy and sell market for its coins, bullion and collectibles, there is no guarantee that Vault Silver will continue to do so. In the event that Vault Silver is unable or unwilling to quote firm prices at any time, Client may be obliged to dispose of Client’s coins, bullion and collectibles in another market.

Vault Silver will rely upon instructions and orders given by Client over the telephone. It is the practice of the industry that all trades placed over the telephone are binding contracts and must be honored. Once a trade is placed by Client and accepted by an authorized Vault Silver representative, a contract is created. Trades may be reversed only upon mutual consent of the parties to this Agreement.

In times of highly volatile markets, Vault Silver phone lines may be busy due to the volume of incoming and outgoing calls. It is also possible for telephone lines to fail for reasons beyond Vault Silver's control. Because of this, Client is advised and will be responsible to have alternative methods to communicate with Vault Silver (e.g., e-mail, courier messenger service, etc.) should it become necessary to do so.

Client is solely responsible for all purchasing, selling and borrowing decisions for Client’s account. This means Client makes and is responsible for all Client’s trading decisions. If Client believes that any representative of Vault Silver has made a verbal or written representation that is inconsistent with the terms or risks set forth herein (e.g., "At its current price, your coins, bullion and collectibles can only go up in value.") or is offensive or unprofessional in nature (e.g., high pressure or unresponsive to requests), Client will notify Vault Silver in writing immediately. If Client fails to make the required notification by the tenth (10th) business day following the date on which the event first became known to Client, Client waives all right to contest such order, matter or omission and Client's account will stand, as is, as of the end of such business day.

Tax consequences of transactions with Vault Silver are the sole responsibility of Client. Client shall pay to Vault Silver any sales, use or other tax applicable to transactions with Vault Silver.

Client is a sophisticated investor who understands that coins, bullions and collectibles can be purchased from and sold to competitors of Vault Silver.

Miscellaneous

Notices
All communications shall be sent to Vault Silver at 12014 SE Mill Plain Bl. #210, Vancouver, WA 98684. All communications given by Vault Silver to Client by mail shall be effective forty-eight (48) hours after deposit in the United States mail, postage prepaid, or upon receipt, whichever is earlier; if hand delivered, when delivered to Client's address; if telephonic, at the time of such phone conversation or facsimile transmission; or if by e-mail, on the day of transmission.

Force Majeure
In the event of adverse conditions in the marketplace or other factors beyond the control of Vault Silver, including, but not limited to, acts of God, national emergencies, adverse governmental actions, or suspension of trading of silver, gold, platinum or other metals by U.S. commodity exchanges, or the delivery of the coins, bullion and collectibles underlying such contracts, or the failure or delay of suppliers, the maximum time for delivery of such coins, bullion and collectibles may be extended indefinitely during the period of such adverse circumstances. Vault Silver will not be responsible for delays or failures in the transmission, receipt or execution of orders, payments, deliveries or information due to the incapacity or failure of computer, transmission or communication facilities which are beyond the control of Vault Silver

Electronic Recordation
Client agrees that Vault Silver may monitor and may electronically record any conversation between Vault Silver, its employees or agents and Client or Client’s agents.

Patriot Act and Anti Money Laundering Disclaimer

Dear Vault Silver Customer:

Thank you for your interest in our products. Vault Silver responsibly incorporates a Patriot Act/Anti-Money Laundering Disclaimer on its website. This disclaimer makes all participants aware of the stringent United States Banking Regulations and discourages fraud or other mischievous business practices. Precious metals are a form of money, so similar banking precautions are required. Please review the following Patriot Act/Anti-Money Laundering links for more information.

Public Law 107-56 (United States 107th Congress)
(PDF)
http://frwebgate.access.gpo.gov/cgi-bin/getdoc.cgi?dbname=107_cong_public_laws&docid=f:publ056.107.pdf


Interagency Statement on Enforcement of Bank Secrecy Act
Anti-Money-Laundering Requirements
(PDF)
http://www.ncua.gov/RegulationsOpinionsLaws/BankSecrecy/JointStatementEnforcementBSA-AML-Req.pdf


Vault Silver can require buyers to complete our Patriot Act/AML Policy. This is a safety precaution because sellers are liable for who they sell precious metals to. This requirement is standard procedure in the precious metals industry and practiced by ethical private mints and bullion dealers.

Privacy Statement

Personal Information
At Vault Silver, your privacy is very important to us. When you sign up for our mailing list or purchase inventory, through ecommerce outlets or by direct trade, that information is considered private and will not be shared with anyone outside of our company. From time to time you may receive e-mail from us letting you know about upcoming events or news. You may opt out of any emails by following the 'unscubscribe' link at the bottom of any you receive from us.

Protection of Information
Information collected from Registered Users is stored on databases and other servers kept in secure locations under the custody and control of Vault Silver or its third party hosting services. User accounts and Profiles are password-protected using industry-standard, commercially reasonable methods. Vault Silver makes commercially reasonable efforts to protect such information but cannot guarantee that such efforts will be successful.

Copyright Information
All material on this web site is the property of Vault Silver.
Notification of claimed copyright infringement should be sent to:
Vault Silver
12014 SE Mill Plain Bl. #210
Vancouver, WA 98684
email: contact@vaultsilver.com

The notification should be a written communication that includes the following:
1. A physical or electronic signature of person authorized to act on behalf of the owner of an exclusive right that is allegedly infringed;
2. Identification of the copyrighted work claimed to have been infringed, or multiple copyrighted works at a single online site are covered by a single notification, a representative list of such works at that site;
3. Identification of the material that is claimed to be infringing or to be the subject of infringing activity and that is to be removed or access to which is to be disabled, and information reasonably sufficient to permit the service provider to locate the material;
4. Information reasonably sufficient to permit the service provider to contact the complaining party, such as an address, telephone number, and, if available, an electronic mail address at which the complaining party may be contacted;
5. A statement that the complaining party has a good-faith belief that use of the material in the manner complained of is not authorized by the copyright owner, its agent, or the law; and
6. A statement that the information in the notification is accurate and, under penalty of perjury, that the complaining party is authorized to act on behalf of the owner of an exclusive right that is allegedly infringed.

Contacting Us
If you have any questions about our site please don’t hesitate to contact us. You can reach us via phone at 503 213 3352 or fax at 877 590 9690, or email us at contact@vaultsilver.com