Welcome to the future of your wealth

With our structure of linked currency and asset holding accounts, one can buy, pay and/or settle any debt, public or private, anywhere on the
global Visa network with assets such as precious metals and crypto currency.

OUR SERVICES

PRECIOUS METALS ASSETS CARD

Use your asset wealth as if it were cash with your precious assets access card. You can use it anywhere Visa is accepted!

STORE YOUR PRECIOUS ASSETS

Ensure that your wealth is secure for generations to come. Our allocated vaults will keep yor assets safe.

EASILY PURCHASE PRECIOUS ASSETS

Invest your money in hard assets that hold there value. Protect your wealth from inflationary trends.

About Us

WHY PMB&V IS THE BEST CHOICE TO ACCESS AND PROTECT YOUR ASSETS

The purchasing power of currency ever loosing value, but the purchasing power of precious metals has remained relatively constant throughout our world's history. This fact makes precious metals a wise wealth preservation vehicle choice to protect your wealth from inflationary trends. Unfortunately, most businesses do not accept solid gold, silver, or platinum as a legitimate form of exchange. Now, the dilemma becomes utilizing hard assets as an accessible form of wealth.

Luckily, PMB&V has developed an innovative and practical solution that provides similar protection to the original gold and silver standard our money was built on. We allow our clients to access and spend their precious metals as if it were cash. Our easy to use platform in tandem with our Precious Metals Assets Card makes it simple for our clients to utilize assets wherever and however they please. Unlike our competitors that require their clients to sell their assets in order to load a card, our clients simply need to use their PMAC and the asset to currency exchange is automatic. This process removes the guess work, as well as potential commercial transaction disruptions inherent with prepaid credit and debit cards. 

At PMB&V we pride ourselves on being direct and transparent with our clients on the cost of managing their assets. Our clients rest easy knowing their assets are secure in our segregated, allocated vault storage. Clients also enjoy the benefit of having ready access to their assets for viewing or taking custody. If a client desires to redeem their precious metals asset, within 48 hours of notification (or as soon as administratively feasible and practical) we will ship them their metals at their expense. 

OUR BEGINNING

Our founder, Dale Olmstead, began working with precious metals more than 40 years ago when starting his career as a journeyman jeweler. During Dale's many years of owning and operating a successful jewelry business in Spokane WA, he gained an appreciation and working knowledge of the wealth preservation capabilities of holding precious metals. As a student of the evolution away from our gold standard into a fiat monetary system and its wealth destruction capabilities; 17 years ago Dale set out on a journey to create a system of preserving and protecting wealth with precious metals assets while at the same time accessing those assets as usable money. The result of that journey is PMB&V, LLC and the Precious Metals Assets Debit Card.

STRATEGIC PARTNERS

Gold Silver Vault - our primary long-term solution for protecting your precious metal investments utilizing their state-of-the-art vault storage facility also supported by robust armed response protection and risk of loss insurance underwritten by Lloyd's of London.

Perpetual Assets - providing our clients with the vehicle to transfer their retirement savings into a self-directed LLC IRA, thereby giving clients checkbook type control over retirement investments and the only way to take actual physical delivery of precious metals purchased by an IRA.

HOW TO ENJOY ALL THESE BENEFITS

Open a precious metal holding account(s) of your choice allowing us to service your investment.

 

Open an Account

PRECIOUS METALS ACCESS DEBIT CARD

Welcome to the future of precious metals access! With our unique system that automatically converts your choice of a precious metal into local currency by utilizing your PMB&V debit card or your personal check, you will probably be as close as anyone has been in decades to operating on a gold-type standard. You will be able to easily pay for every day consumer purchases and/or settle any debt utilizing your precious metal same as cash with the use of our Visa backed debit card.

The liquidation hierarchy of a linked currency and precious metal holding is as follows: currency first, precious metals second. Therefore, when the currency account has become depleted PMB&V will sell just enough of your precious metals to settle any charges to your currency account.

 

PRECIOUS METALS HOLDING ACCOUNT OPTIONS

  • Silver
  • Gold
  • Platinum
  • Palladium

PMB&V holding accounts can be established by means of a currency deposit directing us to acquire the metals of your choice or by sending us the precious metals you currently hold (subject to approval). All precious metals you deliver to us or that we purchased on your behalf will be placed in a high security vault at which time you will be issued a precious metals access debit card for your immediate discretionary use.

 

PRECIOUS METALS HOLDING ACCOUNT PROTECTION

No Commingling of funds from other holding accounts is ever allowed, meaning your cash is segregated and never mixed with any other holding accounts.

Your precious metals are insured while in PMB&V's custody. Meaning, if there is a loss it will be replaced with like kind at time of loss.

 

Pricing/Terms & Conditions
 

STORAGE & INSURANCE CHARGES

Storage & insurance is a pass through charge to you and the charge will fluctuate in direct proportion to the value of metals stored. Storage & insurance charges are billed monthly and are due by the 15th day of every month.

LIQUIDATION OF METALS INVESTMENT TO COVER CASH HOLDING ACCOUNT ACTIVITY AND UNPAID HOLDING COSTS

Liquidation of your metals investment is contingent upon the activity in your linked cash holding account. Only when it is required to cover a cash holding account disbursements will your metal investment position be liquidated with just enough metals to bring your cash balance back to a positive.

SIC (Storage & Insurance Charges) are due by the 15th of each month and will be automatically withdrawn from your cash holding account first then if no cash is available just enough metals will be disbursed to cover the SIC.

BUY / SELL PRICING

Pricing is contingent on several factors such as volume and prevailing market conditions. We pride ourselves on our policy of transparency and being competitive on both the pricing of purchase orders that you have placed with us as well as the price we will pay to buy back your metals. You will often find deep discounts from other sellers and buyers of precious metals when you decide to liquidate your positions with them. When placing an order our price quote will be valid for six (6) hours allowing you an ample amount of time to compare our price to what is currently available in the marketplace. To facilitate your research you will find current gold and silver prices using the following links:

FAQ
Do I have legal right to the metal in the vault and how do I know it is really there?
Yes, you own the precious metals you have engaged us as agent to secure in a vault on your behalf.When contracting with PMB&V for your precious metal custody and administration, you will know the location of the vault and have the contact information of the professional vault operator.On a periodic basis we provide you with an internal vault holding report as verification that your investment has been properly accounted for and is secure. On an annual basis you will receive an independent third party audit report for verification.
What are PMB&V safeguards for protecting my precious metal investments?
In addition to contracting with only well established and properly insured vault operations, at all times metals in our custody are insured against risk of loss. In addition to insurance, we do not operating on a "fractional reserve basis" which means we only hold our client's metal investment on a fully allocated basis. This means that none of the metals we manage will ever be encumbered by third party rights.
 
What if some unforeseen event occurs and PMB&V ceases to operate?
Under our physical custody operating structure you will have the additional confidence in knowing that in the unlikely event PMB&V ceases operations, you are able to take full delivery of your metals contingent on your metal investment position as it compares to the allocation of segregated bars.For clarification; at the time you decide to take delivery and you are only holding a fractional position in a bar we may not be able to provide you with a bar size that matches that fractional position. In cases such as this actual metal delivery may prove impractical and you would therefore receive a monetary distribution for the full value of that fractional metal position on the date of distribution.
 
Does PMB&V take client privacy seriously?
Yes. We protect our client's privacy utilizing not only the latest in encryption technology for preventing unauthorized access to our data systems, we will also never disclose this information to a third party without required client consent.
 
How am I informed of the balances in my currency and precious metal holding accounts?
On the 15th business day following month end we distribute account statements disclosing account activity via US mail or electronically in a pass word protected file.
 
How do I pay for my precious metals storage costs?
On the 15th day of every month we will deduct the storage fees from your currency account.
 
IS THE COST OF PRECIOUS METAL STORAGE BASED ON THE SPACE REQUIREMENTS OF MY METAL INVESTMENT?
Vault operators storage & insurance fees are contingent on space and the value. Therefore monthly storage fees will fluctuate based on market value. 
 
Can I visit the vault where my precious metals are stored?
Yes. All we need to do is provide 48 hours notice to the vault operations where you metals are stored. Based on scheduling viewing is generally available Monday through Friday from 10 AM to 4 PM.
 
How is my currency holdings account managed and protected?
Your currency holding account is maintained by Mountain West Bank and is insured to FDIC limits.
Contact

WHere are we Located?

We are located in The Flour Mill at 623 West Mallon Avenue, right next to the Spokane Arena. Come in and get a free consultation on the goods and services we offer. You can also call us directly 1(800)669-2810