This is not an offer to sell nor a solicitation of offers to buy any security. The information contained in this website is only a summary and is not intended to be a complete description of Empire State Ventures LLC or any of its products. For more complete information, please contact us.
The facts and figures presented in this website regarding economics, industry, markets, and all other statistical measures are estimates only and should be treated as such.
Empire State Ventures LLC is not a licensed securities broker. For investment questions, please consult your broker.
RISKS IN PRECIOUS METALS INVESTMENT
Volatility: The markets for precious metals experience significant volatility. Prices fluctuate because of economic conditions including inflation and expectation of inflation, political conditions worldwide including war and terrorism, and conditions in the mining and refining industry. Prices for metals cannot be predicted with any certainty.
Unregulated Markets: Bullion coins and bars are not regulated to the same extent as securities. Purchasers of precious metals are not entitled to the same level of disclosure and protection as, for example, investors in stocks and bonds. On the other hand, there is no guarantee that government regulation will not be imposed on precious metals market in a way unfavorable to purchasers of precious metals. Transactions in certain bullion products currently enjoy certain tax advantages, but there is no guarantee that tax laws will not change in a way detrimental to purchasers of such products.
Spread: The difference or "spread" between the market buying and selling price of bullion coins and bars is significant. The spread is typically 5-10% and can be much higher for certain products. There is no guarantee that a purchaser of precious metals will see his holdings appreciate sufficiently to cover the spread.
Shorting Metals: Borrowing or shorting precious metals can carry unlimited risk. There is no limit to the possible increase in the market price of a metal after borrowing. The risk in shorting precious metals other than gold is higher because the markets for other metals have less liquidity.
Authenticity Risks: Bullion coins and bars are subject to forgery and counterfeiting. Empire State Ventures relies upon its suppliers and outside grading services to determine authenticity. Accordingly, we expressly disclaim any express or implied warranty for our products and assume no monetary liability for forgeries other than the original purchase price.
Personnel: Empire is not a registered securities broker, and its personnel are not licensed, registered, or certified as brokers or accountants. Their work experience, knowledge, and training vary widely. They and Empire may receive from time to time undisclosed compensation for recommending specific products. Empire personnel do not give investment or tax advice, and clients should seek such advice from their own financial advisors and accountants.
PRIVACY POLICY
We at Empire State Ventures know that privacy is important to you. We recognize that our clients and customers are our most important asset, and we protect the information you entrust to us. You have many choices of business partners, and our commitment to excellent service is why you choose to maintain a relationship with us.
When you browse the public areas of our website, you remain anonymous. We do not keep track of your email address or other personal information. We do maintain standard website traffic logs that record what Web pages are visited, where our visitors arrive from, and so on. This information is only used statistically, and only to improve your experience here.
If you become a client of ours, you must voluntarily give us information about yourself and your investment experience. We share this information only with our financial consultants and as required by law or to conduct our business. Our financial consultants may only use your nonpublic information on our behalf or with your permission.
We collect and maintain several kinds of nonpublic personal information about you. We ask for basic information such as your telephone number and social security number. We may ask for information related to your financial status and investor experience, such as age, occupation, income, and prior investments. Much of this information we are required to ask for in accordance with federal and state laws.
If you inquire about mutual funds, we do not sell these directly. Instead, we may share your basic contact information with a FINRA (new name for NASD) member broker/dealer who may contact you regarding your interest. Broker/dealers that we work with do not themselves share your nonpublic personal information for marketing purposes. If you wish to opt out of this information sharing, please
contact us.
We may use basic information about you for marketing purposes. We do this by notifying you via email, regular mail, or telephone about financial opportunities that may be of interest to you. We will never sell your information to any other party for marketing purposes.
We share some of your nonpublic personal information with outside parties, such as our website host, attorneys, and accountants, to the extent necessary to offer you services. We also share your information with regulatory bodies, credit rating agencies, and other nonaffiliated third parties as required or permitted by law.
If you have any questions about our privacy policy, please
contact us.
Precious
Gold
