About Us

Our Founders

About Our Gold

All gold provided by 31p1 comes from Nadir Medal Rafineri, located in Istanbul, Turkey. Nadir was established in 1967 and was the first gold refinery in Turkey. All of our gold is 999.9, 24 karat fine gold that is stamped and approved by the London Bullion Market Association, which is a symbol of quality that governments and individuals have come to respect around the globe. The LBMA stamp is only given to a select group of refineries that meet the stringent Good Delivery List practices. Our gold has been tested by an independent assayer, American Assay Laboratories located in Nevada, and those results can be found on our website under the 'About Our Gold' tab.

  • Pure 999.9, 24 karat fine gold
  • Packaged in 5 denominations
    • 1 gram, 5 gram, 10 gram
    • 1/2 oz., 1 oz.
  • Serial number on physical gold bar
  • Nadir Medal Rafineri assayer's stamp of purity
  • Gold is heat sealed in a two-sided plastic card which serves as the Assayer's Warranty of Certification

Why Gold?

GOLD IS REAL MONEY

Gold has been money for more than 5,000 years. No fiat currency, or currency that is not backed by gold, has survived throughout history. There have been thousands of them and they have all failed. During just the past decade, the United States Federal Reserve has been pumping new dollars into the economy at an unprecedented rate. In fact, the U.S. money supply has increased nearly fivefold since 2008. With the billion-dollar federal bailouts and stimulus plans implemented by Congress during the 2008 financial crisis, the money supply has skyrocketed. Gold, on the other hand, has still managed to increase in value over the last ten year cycle, withstanding even the worst financial and geopolitical crisis.

"Paper money eventually returns to its intrinsic value......zero." -Voltaire 1729

UNSTABLE GLOBAL FINANCIAL SYSTEM

The world financial system is more fragile than ever in history. Never before has there been a time when most major nations simultaneously are running massive deficits and creating debts in the trillions of dollars. In addition, the financial system has derivatives outstanding in excess of $1 quadrillion. An important percentage of these derivatives is worthless and there are no reserves to cover for the losses. The debts of governments and banks can never be repaid with normal money. Instead governments and central banks will need to create massive additional debt and print money at an accelerated rate. This will most certainly lead to a much higher gold price.

VERY FEW PEOPLE OWN GOLD

Gold is up over 300% in the last 15 years and still only 1% of world financial assets are held in gold. With likely further acceleration of money printing by the largest economies in the world, leading to further destruction of paper money, people will become even more aware of the necessity to owning real money.....gold. When physical gold does become an asset of choice for institutional investors, business owners, families and individuals alike, the physical gold market will not be able to meet that size of demand at current prices.