shopper approved

    JM Bullion June 2012 Update

    Posted on May 30, 2012


    To our customers and subscribers at JM Bullion, welcome to our June 2012 update.

    In this month’s update we are going to discuss the upcoming launch of our Automatic Investment Program, feature some new products we have added over the past few weeks, and explain our lower credit/debit card prices.

    The JM Bullion Automatic Investment Program (AIP)

    After several months of development, we are finally close to launching our Automatic Investment Program (AIP for short). Our targeted launch date is June 11th, and since we have already tested and will continue to test the Program extensively, we expect to have a bug-free launch.

    Although we have mentioned the AIP briefly in past emails and updates, we have yet to fully explain how the process works – we will do that now. To set up an Automatic Investment, you simply complete the four steps listed below:

    AIP Step #1 – Choose Your Schedule

    Your first step is to choose your investment schedule. We allow you to set up automatic investments weekly, every two weeks, or monthly. When you set up your Automatic Investment, your first order will be created instantly, and future orders will be created automatically according to the schedule you chose.

    AIP Step #2 – Choose Your Payment Method

    All of our normal payment methods are available to AIP customers – credit/debit cards, bank wires, and paper checks. The order process for each payment method is listed below:

    • Credit/Debit Cards ($1,500 Max/Interval) – You provide us with your credit/debit card details, and authorize us to automatically bill your card for each Automatic Investment. This is the simplest payment method to use, as once you set up your Automatic Investment, everything is automated and you won’t have to do anything else moving forward.
    • Bank Wires ($2,000 Min/Interval, $100,000 Max/Interval, 4% Discount) – Pricing for bank wire investments is 3% less than credit/debit card investments, but it does require you to manually initiate a bank wire each interval. This option is only recommended for customers who are available and willing to manually send bank wires each time an investment is created.
    • Paper Checks ($20,000 Max/Interval, 4% Discount) – Pricing for paper check investments is 3% less than credit/debit card investments, but it does require you to manually mail a paper check each interval. This option is only recommended for customers who are available and willing to manually send paper checks each time an investment is created.

    As per usual, bank wire and paper check investments require a credit/debit card on file for both identity verification as well as enforcement of our Market Loss Policy should you fail to remit payment.

    AIP Step #3 – Choose Your Products

    The third step is to choose which products you would like to receive each interval. Our entire product catalogue is available to AIP customers, so you can choose from a vast selection of gold bars and coins as well as silver bars, rounds, and coins.

    Our product pricing is exactly the same as it would be for normal, one-time orders, except that prices are listed as “Spot + $X.XX/Ounce” instead of as a fixed dollar amount. This allows you to see exactly how much you will be paying over spot price on an ongoing basis.

    We offer the same quantity discounts as for normal, one-time orders, and also notify you immediately of any future price changes, so you can decide to continue with your investment at the new prices, or cancel at no charge.

    AIP Step #4 – Set Your Investment Amounts

    Once you have chosen your products, your next step is to set your investment amounts. Instead of requiring customers to specify a desired quantity of products per interval, we allow you to specify how many dollars you would like to spend per interval. This helps you dollar cost average your investments, as well as not have to worry about spending too much money on precious metals if the spot price fluctuates interval to interval.

    For each product you have selected, simply input the desired dollar amount you wish to spend on that product per interval. Then, when your investments are automatically created, we will ship you the maximum quantity of each product you can afford while staying below your investment maximums.

    That’s it! Once you have completed the set up for your Automatic Investment Program, your orders will be created effortlessly every interval, and all you will have to do is remit payment each time (or in the case of credit/debit card orders, you won’t have to do anything at all). We automatically send you email reminders the day before an investment is created, so you can prepare to send payment or easily cancel the investment, free of charge.

    Upon launch we will provide you with even more details on the program (as well as a full FAQ), and of course you can call us anytime if you have any questions or need help setting up your investment. Keep an eye out for an email from us around June 11th once the program goes live.

    New Gold and Silver Products

    In May we debuted several new products at JM Bullion, including new gold and silver bars as well as new silver rounds. We still offer our extremely low-priced “Mint Varies” products, meaning that you receive specific products from a mint of our choice, but now also offer specific-brands of products at lower prices than our competitors.

    Some new brands we now offer include PAMP Suisse, Credit Suisse, Engelhard, SilverTowne, Sunshine, and NTR. To see these new product listings, please browse our gold bars, silver bars, and silver rounds category pages.

    We plan to continue expanding our product selection over the next few months, so keep checking back if there is something you are looking for that we don’t yet offer.

    Thank you again for your continued business, and have a great June!

    JM Bullion

    All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice.