Gold Fund

Swatar, OH (MLT)
Role(s):
Other

Gold Fund, Ltd

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Location: Swatar
Industry: Other
Year Founded: 2012
Number Employees: 10-50 people
Business Stage: Creation/Idea
Entity Type: Incorporated Outside United States
Description: The Gold Fund creates Limited Partnerships to raise capital to fund gold purchases at wholesale, mine level prices. The gold is then transported to a refinery where it is assayed, and sold immediately into international markets to waiting buyers. Funds are needed to purchase capital equipment (aircraft) for transportation / security, operating capital for expenses, export duties, insurance, and backup cash to honor commitments after assay even though this will come from the sale of gold. The aircraft will provide speed and most importantly security.. The Limited Partnership shares can only be sold to ACCREDITED INVESTORS or NON US Citizens. The per share value is pegged to the spot price of one troy ounce of 24 karat gold..... The number of shares in each limited partnership is determined by discounting the contracted gold purchase of 22 karat gold in Kilograms to 24 karat gold values in Troy ounces and splitting this value (URL removed) Gold Fund receives half of the profit on a contract which is further split with the General Partner getting 20% for their efforts and the limited partners getting 80% of the balance. It is designed to be a win win situation We have a relationship with which we can access large amounts of gold produced by small mining companies who do not have the market access and therefore are subsistence level mining companies, not large, well established miners. Our financing efforts serve to increase production in small communities and give them access to build up production and their infrastructures. We are not in the mining business, but are acti ng in the capacity of "middlemen" where the gold we is purchased for immediate re-sale, not as a speculative investment. The small mining companies take the mining risk. Profits for the "middleman" are much larger as occurs in any normal business with a manufacturing company, wholesaler, and end market retailer. and substantial markups at each level in o the chain, not as occurs in the electronic gold bullion market where the profit margins are tiny and it is easy to get whipsawed trying to trade. The "middleman" position is where the profit is, in the world of as occurs with mining company stocks. b. The gold is contracted for and rapidly transported to the refinery where it is assayed, then either sold immediately to waiting buyers or further refined into 24 karat gold bullion, serialized and stored for electronic trading. Normal cash out after assay is 72 banking (URL removed)ugh time for wire transfers to work. c. Investors can take their profit share either in cash or gold as they wish. Keeping un-refined gold has some tax advantages as well because a taxable event does not occur until it is converted into (URL removed) someone wishing to invest as opposed to an immediate cash sale, can delay part of the taxes (URL removed) they wish to speculate on gold market price fluctuations. d. Because of the very large liquidity of the international gold markets finding a buyer is immediate, not as in the situation of a manufacturing company where there is a long supply chain. According to sources at the New York Metal Exchange the DAILY volume is around 700,000,000 troy ounces or 28,000,000 Kilograms a (URL removed) transactions which involve large dollar amounts, involve a relatively small amount of gold (5,000 -20,000 KG) in a (URL removed) enough for the international market to notice. e. We are simply taking advantage of a large price differential that exists between un-reffined, 22 karat gold in one place and world market prices when it is delivered into the international market place after refining at 24 karat prices. This profit spread is for absorbing the intermediate "hassle" and the knowledge to accomplish the conversion. f. Because a lot of value is concentrated into a small space, even though the logistics of moving the gold 5,000 + mies, create a barrier to entry, our business plan overcomes the time / space problem and allows very large excess capacity and much room for additional profit g. The large "middleman" profit spread offers considerable protection against even extreme market price fluctuations as has ocured over the past 2 years in the gold (URL removed) is something akin to (URL removed)n a bad day is not all that bad...