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December 2008
“Paper is poverty....it is only the ghost of money, and not money itself.” - Thomas Jefferson 1788
Mr. Tarek SaabVirtual Bullion Dealer 
 
4
(Q) Where are you located and when did you beginoperations?
(A) Our physical location is Cowtown USA - Fort Worth,
TX, but we are web-based business so our ofces are
truly global. We began operations in October 2008 whenthe shortages in the bullion market became absolutelyunbearable for buyers and sellers. As Ben Franklin says,“Necessity is the mother of invention!”
(Q) What is your position with the company and whatdoes your day to day work involve?
(A) I am the President of GoldandSilverNow in partnershipwith some large metals investors who wish to remainanonymous. Our business model is so simple that our staff is quite small. Our goal is to initiate the peer-to-peer relationships, and so I spend most of my day linkingbuyers and sellers via phone or e-mail or correspondingwith others in the industry regarding pricing research andindustry trends.
(Q) The company is involved with buying and sellingof gold and silver bullion products and the website calls the business a ‘virtual’ bullion dealer. Is itconsidered a precious metals dealer or somethingelse?
(A) We are more like a precious metals broker, butinstead of dealing with futures and options, we deal inphysical metal. Our company is a marketplace for buyersand sellers, similar to a stock exchange.
(Q) How does it operate...how is a sale generated?Can you walk me though a transaction?
(A) The process is simple. Let’s say you wish to sell10,000 ounces of silver. You sign up with us as a seller and send us a pic of your inventory. We then market your products through our subscriber base, ads, networks,and the like. A buyer who wishes to purchase the silver wires us the funds directly. When the funds clear, theseller ships his silver via registered mail according to our packing instructions.Once the buyer receives the package, he/she has 24
hours to conrm the integrity of the sale, at which point
we release the funds to the seller. We simply act asbroker and escrow. We are bullion matchmakers!
(Q) What was your goal in creating this enterprise?
(A) We want to fulll two glaring needs in the industry: We
want to enable sellers to get full value for their bullion, andwe want buyers to get their goods immediately. Today,sellers looking to trade in their bullion are getting little to nopremium from dealers, and nearly everyone recognizesthe paper spot price for bullion is disconnected fromthe marketplace, so sellers have no real outlet for their trade. When they do trade, the dealers turn right aroundand charge huge premiums to buyers, thereby doing
I
ntervIew
 
wIth
 M
r
. t
arek
S
aab
 
P
residentwww
.G
oldand
s
ilver
n
ow
.
com
a ‘v
irtual
’ B
ullion
d
ealer
888-484-8289
“t
he
 
mission
 
of
 G
oldand
s
ilver
n
ow
 
is
 
to
 
estaBlish
 
a
 
wide
-
ranGinG
 
network
 
of
 
crediBle
 
metals
 
investors
 
for
 
direct
 
Peer
-
to
-
Peer
 
BuyinG
 
and
 
sellinG
 
of
 
Bullion
 
Products
.”
 
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