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SILVERBACK
Your silver, vaulted, and spent your way
Silverback is a simple "silver storage" and "silver spending" system that allows you to vault and store your silver AND spend a portion of it*, at any shop, at the very best rates, by using the Australian dollars you already have in your pocket. Here's how it works...
*Your spend level is related to the quantity of silver in your vaulted pool.
Where do I begin ?
1Load up your vault account
In minimum packets of 5 ounces we supply your silver. It's held securely at our vault and can be added to, in further 5 ounce packets, or withdrawn, in minimum 5 oz packets, or fully, at any time.
A set up fee of AUD$25* and a monthly holding charge of AUD$8* applies
Make a vault deposit purchase hereor a withdrawal here.2Make your purchases as normal and send in your receipts
Shop as normal, using your Australian currency. Buy your shoes, fashion, sports goods etc, as normal.3Receive full refund/credit.
Within 24 hours (that's 3 business days and usually overnight the same day) we refund you the amount shown on your receipt.4Let the published SILVER price work for you.
Our admin team then debit your vaulted silver.
You have now spent your AUD against the value of your vaulted silver....and there it is !
You've just used the very best publicised price* on the day, converted back to your Aussie dollars, to buy your everyday purchase, taking advantage of the increasing value of the metal.
You're using your own silver to pay for your own purchases but hitch-hiking off the recognized Aussie dollar currency a vendor knows, and will always accept.
...without having to carry the silver in your pocket !