Quote from: DirtyRandy on September 17, 2015, 12:43:09 AM

i did finally receive my orders, but i am still concerned with Veldt's business practices. In their reply to me they let slip some interesting facts: They do not actually have gold and silver in stock ready to ship, they are playing middleman. When you place an order with them, they then place an order with their supplier. The supplier ships the metal to veldt, then veldt sends the metal to you. The problem is that most people think that veldt has the metal in their possession when they place an order, so it doesn't make sense to them why it would take so long to ship. This also leads to some interesting questions: why are they still taking orders, when by their own admission orders will be delayed by weeks or even months? What will happen when their suppliers stop shipping orders, will veldt make good on all the orders? Why keep taking order when you aren't sure if/when they will ship? They say they aren't going the way of coinabul, but the situation says otherwise.

For those who don't know the Precious Metals market is 1 big game of musical chairs, and the music is running out.

Hey there,

let's clarify some things.

We never said we do not have gold and silver in stock. We order from our suppliers in bulk as does everyone. When supply gets low, we order more. As it stands our incoming shipments are already sold before they even arrive. Due to the recent market price fluctuations demand is much greater than supply, so some metals are hard to come by. Delays vary from 1 day to 1 month, depending on the product.

To answer your questions:

Why are we still taking orders?

- Because customers who place orders during delays do not mind waiting. The prices are low and for most they are worth waiting for.

What will happen if our suppliers stop shipping?

- In this highly unlikely apocalyptic event we will refund our customers.

Why keep taking orders?

- See first reply.

If you do not want to/cannot wait, then please contact us to get an ETA. If the ETA doesn't suit you, then perhaps try your luck somewhere else.

We appreciate everyone's business and thank you for your continued support and patience! Cheesy