Precious Metal Depository
Precious Metals … Non-Bank Depositories For Investors
Precious Metals Depositories are private vaults where you can have your precious metals stored either on a monthly basis or long term on an annual basis. These vaults are 100 percent secure and will include insurance to cover against theft, fire or other natural disasters. It is important to understand that these depositories are non-bank facilities. That means that you will be safe from the potential of any banking crisis or closures. Your precious metals will always be safe and secure.
There are three different types of storage options available that include non-segregated storage, non-segregated allocated storage and fully segregated storage.
Non-segregated storage means your gold or silver bullion will actually be stored along with other people’s gold and silver in the same vault in the same place. Your investment is not clearly defined by a certificate of ownership. Although this is the cheapest storage option for insured vault storage available, it is not a recommended choice because you really do not want your metals mixed with other people’s metals.
This means that while your metals are stored with other people’s metals the metal you own, is only in your name. You are issued a certificate of ownership. Therefore your metal investment is clearly defined. You will have the benefit of safe, secure, insured storage but at a reduced storage price. Do understand however you’re sharing your space with other people’s investments. This is a very good option for someone looking to save money in storage fees but still have a very high level of safety and security for their investments.
Fully Segregated Storage
With a Fully Segregated Storage your gold or silver bullion will be stored in an individual section or area of the vault and your gold or silver will be separate from and not mixed with precious metal owned by anyone else. You will have a certificate of ownership designating you as the owner of the metals stored in a specific location. This is the best option for precious metals storage available, however at a higher cost.
We provide a full service, fully insured and efficient depository that offers: