Global gold and silver dealer liquidates in Chapter 11 bankruptcy

The Street ^ | July 4, 2026 | Kirk O’Neil

[chud]

Precious metals investors saw their holdings skyrocket in value in 2024 and 2025, which was great news for them, but bad news for some dealers, such as Rosland Capital LLC.

Rosland Capital filed for a Chapter 11 liquidation facing distress from declining profitability compounded by an unsustainable order fulfillment model amid record precious metals prices.

---

TOPICS: Miscellaneous
KEYWORDS: chapter11; gold; roslandcapital; silver

[chud]

I am re-posting this, with exact headline copied and pasted word-for-word, since my previous thread was deleted.

Rosland Capital (featuring William Devane in their TV commercials) was the company in question.

[AppyPappy]

This is paper gold, right?

[muir_redwoods]

I’ve done business with both Money Metal and JM bullion and it’s been fine. I prefer doing business with a human being over a counter and a hand shake though. And physical metal in your hands is the only thing I would spend money on.

IMHO, own a bit of gold but buy silver. It’s bulkier admittedly but historically its ratio to gold is 10 to 1. Right now it’s 65 to 1 so silver is either undervalued or gold is overvalued, probably a bit of both. YMMV.

[MMusson]

How do you lose money when you sell gold and the market is going insane? Did they hold orders and get caught buying more expensive metal to fill them?

[chud]

This is paper gold, right?

When I typed "Did rosland capital sell physical gold?" into Google, their A.I. gave me this answer (citing three sources including Rosland Capital's own website):

Yes, Rosland Capital sold various forms of physical gold, including gold coins (both bullion and premium/exclusive proof coins) and refined gold bars, directly to consumers and for inclusion in Precious Metals IRAs.

[AppyPappy]

I think gold is falling

[Libloather]

BOGO sale?

[chud]

How do you lose money when you sell gold and the market is going insane? Did they hold orders and get caught buying more expensive metal to fill them?

I have heard that they sold gold at a very high markup.

[j.havenfarm]

I’ve seen their ads on TV. I fear some people with their gold in ITAs will end up screwed if Rosland was the account custodian. I would never co sided buying precious metals without taking physical possession

[AppyPappy]

I thought gold bars were illegal in the US

[kiryandil]

IBTG

[DCBryan1]

I bought gold etf (GLD) and some miners (FCX)...doing great!

[frank ballenger]

I don’t know about these things. When a local restaurant chain and several mall department stores and furniture stores were granted bankruptcy protection they went on for years, not fully paying creditors and so on. Then some went completely out of business. Sears and KMart held onto a few stores for a while.

What is the technical difference I’m missing with the gold place?

Thanks in advance to the many who know such things.

[chud]

I thought gold bars were illegal in the US

You can buy gold bars legally in the US.

[Allegra]

IBCF

[Poser]

Rosland buys and sells actual gold and silver. I suspect that when gold was above $5,200 per ounce and silver was at $105, spot price that people like me sold substantial holdings of gold and silver. Rosland paid about $90 per ounce under spot and a similar percentage under spot for silver. The recent huge drops in spot have stuck them with gold and silver inventory worth substantially less than they paid for it. As the prices continue to drop for silver and gold, people have stopped buying. If nobody is buying, they aren’t making the margin on the sale. So... No sales commissions, and the inventory continues to lose value. That’s a recipe for bankruptcy.

I sold my silver at $97 and it’s at $60 now. Somebody lost $37 per ounce. I sold gold at $5000. Somebody lost about $900 per ounce. It appears it could have been Rosland.

That’s my humble opinion. I could be very wrong.

[farmguy]

My experience with this kind of crap was northwest territorial mint.

I came out OK, but others didn’t...

[rexthecat]

William DeVane played a president on TV. He was in commercials that were filmed on battleships. How could the company go belly up?!

[9422WMR]

“ featuring William Devane”
A few years back the wife and went to West Yellowstone and saw William Devane. “Got any free gold?” I asked.
He was not amused.

[catnipman]

“This is paper gold, right?”

not really ... they were selling only physical gold, but eventually couldn’t deliver because they didn’t hedge the market, which zoomed up wildly, and they were then unable to make good on their last batch of pre-paid orders ...