SOURCE: Elemetal Vault

Elemetal Vault

February 24, 2015 08:00 ET

Provident Metals, Elemetal Team-up to Remove the Middleman From Online Bullion Investing

Innovative Trading Platform Offers Real-Time Precious Metals Trading With Allocated Storage

DALLAS, TX--(Marketwired - Feb 24, 2015) - Provident Metals and Dallas-based conglomerate Elemetal have partnered to offer investors a real-time bullion trading service with allocated vault storage: Elemetal Vault ( This new portal allows precious metals investors to instantly buy and sell LBMA-approved gold and silver online, and safely allocate their metals to a secure vault provider.

Elemetal Vault's secure online interface combines the recovery, refining and minting capacity of Elemetal, with the convenience of Provident Metals. With Elemetal Vault, everyday bullion investors have access to wholesale prices, as well as numerous options for physical delivery.

Elemetal Vault charges no more than $0.20 over spot for allocated silver bullion, and allocated gold can be acquired for as little as $2 over spot in quantity. Gold and silver purchased through Elemetal Vault is manufactured by OPM, an LBMA and COMEX "Good Delivery" refiner.

"Bulk bars of gold and silver are taken directly from our good delivery refinery and transported by a good delivery carrier. The metals are then stored on the clients' behalf in a good delivery vault," said Joe Merrick, CEO of Provident Metals and Co-Director of Elemetal Vault. "The metals never leave the LBMA chain of custody, so we're able to offer the best possible price."

The partnership between Provident Metals and Elemetal allows Elemetal Vault customers to not only trade allocated gold and silver, withdraw bullion or funds at any time, and monitor their secured assets in real-time, but also use their account balances to shop Provident's entire online catalog.

To learn more about Elemetal Vault visit

About Elemetal
Elemetal is a Dallas-based precious metals conglomerate operating globally to address the needs of all sectors of the precious metals industry. Its principal holdings include OPM Metals, NTR Metals, Echo Environmental, Elemetal Capital, and DGSE Companies, Inc. Visit for more information.

About Provident Metals
Provident Metals is a leading online dealer of gold, silver and other investment grade precious metals. The bullion dealer is also the proud sponsor of NASCAR Sprint Cup driver Josh Wise. Provident Metals customers enjoy access to a secure online ordering system, or can call (800) 313-3315 weekdays between 8 a.m. and 6 p.m. CST. Visit for more information.

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