Bras D’Or Strategy Ltd. was founded by Jürgen Gindner, a specialist in investments and precious metals, in September 2015. The company is headquartered on Cape Breton, an island on Canada’s Atlantic coast. The company is governed by Canadian law and thus enables its customers to acquire and store precious metals in Canada.
The company’s main field of business is the purchase, sale and storage of precious metals, offering a carefully chosen selection of metals and products. In order to guarantee the highest possible quality to our customers, Bras D’Or Strategy Ltd. collaborates with one of the leading Canadian companies in precious metal trading. Product selection is focusing on the product range of the Royal Canadian Mint.
The products selected by Bras D´Or Strategy Ltd. are generally standard bars in order to achieve optimum pricing.
|100 oz. silver bars||1 oz. platinum bars|
|1 oz. gold bars||1 kg gold bars|
Of course, other products may be traded as well, based on their availability.
Storage and Security
Bras D’Or Strategy Ltd. offers you the option of storing acquired precious metals in a high security depository outside of the banking sector, operated by International Depository Services IDS. Bras D’Or Strategy Ltd. holds a master account (storage room) at International Depository Services of Canada (IDS), with each customer maintaining a separate sub-account. Customer metals can be stored there and are thus excluded in the event of any liability issues IDS may incur. All other risks are covered by insurance (for further details on security, please refer to the storage company’s website at: www.idsofcanada.com).
Once a customer’s order, whether purchase or sale, has been specified, Bras D’Or Strategy Ltd. will send an order confirmation to the customer by mail or fax, which is then countersigned by the customer and returned to the company. As soon as the signed order is available, the metals will be traded at the earliest opportunity. Since all transactions are processed during Canadian exchange hours, there may be a certain time difference between receipt of order and execution. An invoice, made out in Canadian dollars, is then sent to the customer. Upon receipt of the outstanding amount by Bras D’Or Strategy Ltd., the metals will be shipped.
An internationally operating company, generally FedEx Corp., delivers the metals directly to the customer’s requested storage location. Of course, the transport will be insured and processed within a maximum of one business week, depending on the delivery location.
Purchase and Sale
Since precious metals are subject to daily fluctuations on the exchanges, it is not possible to quote a firm price in advance. A price indication will be given to the customer by telephone, however.
There may be significant differences between prices for precious metals traded on the exchange and prices of the physical products, which are the result of supply, demand, coining, dealer fees, and premiums. Moreover, the size of the order plays a key role. Experience shows that soft costs of 20 % for silver and 10 % for gold and platinum must be taken into account.
The customer will receive a quarterly invoice from Bras D’Or Strategy Ltd. for the storage of any precious metals. Depending on the precious metal, these costs will be between 0.5 % (gold/platinum) to 0.8 % (silver) annually plus 15 % HST (Harmonized Sales Tax), based on the current value of the stored precious metals.
Upon request, customers may withdraw their precious metals from their sub-accounts. Bras D'Or Strategy Ltd. will require a processing time of eight days in order to coordinate any deliveries. Customers’ precious metals are then shipped by a logistics company to the desired destination. These shipping costs are excluded and will be calculated seperately. A flat handling fee of C$100.00 will be charged. Release fees are C$0.05/oz. for bullion bars and C$0,10/oz. for coins. All pricing is subject to 15% HST (Harmonized Sales Tax).
For transport-related questions, please contact Mr. Jürgen Gindner, CEO of Bras D'Or Strategy Ltd.