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The Kinesis Bullion store is open for business

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Kinesis is proud to announce the official opening of the Kinesis Bullion store, offering clients industry-leading pricing on independently-produced, investment-grade gold and silver bullion products.

While our goal is to reintroduce gold and silver as money, at Kinesis, we understand the value of holding physical gold and silver in your possession, and the economic freedom a personal collection brings.

The first bullion series showcases the bespoke artistry of the Kinesis in-house design team in a choice selection of rounds and bars that would make timeless additions to any bullion collection.

For the initial opening, the Kinesis Bullion store will be focused on offering silver bullion coins and bars – and shipping solely within the United States, with gold products and regional expansion to follow. We are currently seeking wholesalers across multiple regions to assist in the local distribution of Kinesis Bullion products, extending their availability to more clients worldwide.

Kinesis Bullion Series​

The inaugural Kinesis bullion series features the artistic motifs of the Greek goddess of justice, Themis, on our range of Kinesis silver bullion bars, and the Egyptian goddess, Ma’at, on the Kinesis coins.

The Bullion series has been designed to embody the intrinsic values of the Kinesis system: honesty, fairness, trust, balance, harmony, and justice with bespoke designs crafted entirely in-house by our talented team of artists.

In line with Kinesis’ commitment to quality, every single gold and silver product achieves a minimum fineness of 9999 (gold) and 999 (silver), with certification provided. All bullion coins and bars are subject to lab testing procedures to ensure the highest quality standards.

The Kinesis Physical Mint​

Through the Kinesis Bullion store, clients can purchase the finest investment-grade bullion independently manufactured in our 56,000-square-foot mint and refinery facility, based in Istanbul, Turkey. The refinery and mint can produce bullion at wholesale capacity for the Kinesis Bullion store and other major bullion retailers.

The decision to manufacture our own unique gold and silver products was taken to offer investment-grade coins and bars at extremely competitive pricing to our community. Whereas other suppliers have no choice but to purchase gold and silver from manufacturers, Kinesis’ close control over each stage of the production of our products, allows us to offer our customers unique value.

Buy gold and silver with KAU and KAG​

In an intriguing advancement for the precious metals industry, the Kinesis Bullion store will enable Kinesis users to purchase bullion products with their Kinesis gold (KAU) and silver (KAG). By making payments with Kinesis currencies, users have the opportunity to buy precious metals in the most cost-effective way, eliminating the price risk that comes with purchasing bullion with fiat currencies.

As another option, Kinesis Bullion products can also be purchased directly via bank transfer to the Kinesis Bullion store.

Delivery​

We have taken every step to ensure that buyers are satisfied from the moment of purchase to the point their bullion product reaches their door, with insured delivery on all of our bullion products.

The Kinesis Bullion store offers free shipping on orders above $199. We deliver items purchased at the store within 7 working days of receiving payment across the United States.

Part of your collection​

Following the launch of Kinesis Bullion, we will continue to expand into the commercial physical precious metals space, both in our bullion retailing provision and wholesale supply.

As Kinesis coins and bars enter the personal vaults of bullion collectors and silver stackers everywhere, it will drive brand awareness of Kinesis throughout the industry. The physical bullion products, the same as the platform’s product offering, will become synonymous with quality and fairness. Another powerful string to Kinesis’ bow, the store reaffirms Kinesis’ position as a global leader in the precious metals space.

Kinesis fully supports those seeking physical ownership of precious metals. The Kinesis Bullion store offers bullion of superior value and unmistakable quality for anyone wishing to begin or grow their physical precious metals collection.

Visit the Kinesis Bullion Store today!

Visit the official news post on Kinesis website.
 
Great.
Looking forward to seeing this establish itself in the US and then become available in other regions.
 
Brilliant ! The golden age is truly upon us. I cannot imagine how low the profit margin must be on 199$ of silver shipped for free from Turkey to the USA? Welcome to the inverse system where what used to be FEEs are now YEILDS.
 
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Are there any initial estimated timings on when delivery can be taken outside of the US? Are we talking weeks or months?
 
Can we redeem some of our holdings via this mechanism?
Not redemption as such.
However, you can purchase in the store using KAU/KAG.

This means that the minimum weight of silver drops from 200oz via redemption to 20oz via the store.
 
I Would Like to See Kinesis Get Some Valaurum Sheets Produced & Sold at the Bullion Store. Each Sheet Would Be "1 KAU, .5 KAU, .25 KAU etc." ... Same Company Behind the Goldbacks. This Would Provide a Way for Kinesis to Offer a Physical "Cash" Type of KAU. In Indonesia Cash Payments Account for 75% of Transaction. (2020 Worldpay Global Payments Report)
 
Not redemption as such.
However, you can purchase in the store using KAU/KAG.

This means that the minimum weight of silver drops from 200oz via redemption to 20oz via the store.
There is no logical reason for the Store to not be a mechanism for redemption, except cost, which should equal the wholesale cost, eventually..
 
Exceptionally well designed and crafted products!
Obviously there are significant value added production costs associated with this effort, so expectations to equivalent Kau/Kag / gram/ value is unrealistic. Prices of Kau/Kag are more closely reflective of wholesale "spot" pricing, and supported/backed by (according to the last audit) a smorgasbord of everything from 1000 ounce Comex deliverable bars of silver to 1/5 ounce C4SM rounds for Ag, and 400oz deliverable bars to 100gram bars of Au... Virtually all of the assets backing the Kau/Kag are of less Value added, less broadly fungible product.

So the store IS a mechanism for redemption, and depending on the price points KMS selects for their bullion store, may be an "all costs in" Much more economical path to redemption for more fungible product than the classic redemption path. I speak from a perspective experience.

For my Money, An incredibly powerful statement from Management of their Belief of the continued Viability of the KMS project, Would be to Offer Trade in the Bullion Store of KVT. Whatever price point they would set would be a statement of the future earnings value in their company, relative to the inherent value of the assets the system is based upon.
 
Not sure I understand the last paragraph. You want them to offer buying back KVT at an elevated price or ability to trade with others at or above a minimum? The whole purpose of issuing KVT is to raise funds so Kinesis should not be buying them back
 
Not sure I understand the last paragraph. You want them to offer buying back KVT at an elevated price or ability to trade with others at or above a minimum? The whole purpose of issuing KVT is to raise funds so Kinesis should not be buying them back
Sorry for the confusion. Yes, simply offer KVT as a mechanism of payment for their product. Priced obviously as they might deem it. There are issues I realize, since KVT is not currently divisible, but it could worked around by offered as a component of payment. After 5 years ,Perhaps Liquidity @ KMS is an issue, perhaps not. If it is, then making KVT readily marketable, within their Own marketplace, may not be in the KMS best interest, agreed.
 
I Would Like to See Kinesis Get Some Valaurum Sheets Produced & Sold at the Bullion Store.
Looking at the valaurum store pricing we could expect: 1 KAU ~ $89, 0.5 KAU ~ $58 and 0.25 KAU ~ $28. So there's a substantial premium which might entice collectors. I expect the Kinesis bullion store will have 1 KAU (1 gm gold) embedded in a card well before they contemplate this product.
 
Will the Gold products when available or in the future contain any security features?
Where will shipping originate from, will it be from the US? It appears on the website the Bullion store is a US listed corporation, I'm presuming US citizens will be exempt from FBAR reporting when purchasing ?
 
Interesting.

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I think someone was sloppy doing the description. Here's the some conversion using non-troy ounces

1670621312305.png

Or, maybe it's exactly what it looks like, and these are one ounce instead of one troy ounce coins:

1670621431114.png
 
Will the Gold products when available or in the future contain any security features?
Where will shipping originate from, will it be from the US? It appears on the website the Bullion store is a US listed corporation, I'm presuming US citizens will be exempt from FBAR reporting when purchasing ?
The gold products will be sold in tamper proof packages. They will have the serial number lazer engraved on both the bar and the package. Us shipments will originate from the US.
 
The gold products will be sold in tamper proof packages. They will have the serial number lazer engraved on both the bar and the package. Us shipments will originate from the US.
Thanks Alp. Looking forward to see what this final product package contains. Nice work, Like others I feel the Bullion store can fill an Integral part of a KMS ecosystem & it's adoption.
 

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