|
Everyone with any
sense wants to keep some physical gold and silver at home, but no one with
any sense wants to keep too much of it there. So as your holdings grow, so
does your need for safe storage.
Solari's Catherine Austin Fitts and
Carolyn Betts have published a guide to precious metals storage that covers
the main points and names the key names. Here's their intro:
While we believe
that the ideal precious metals storage alternative from many perspectives is
a secure, at-home cache, in some cases home storage is not practicable -- for
example, for particularly large holdings. Also, many investors desire to
maintain holdings in a variety of places and legal jurisdictions.
The storage
option chosen in many cases, providing convenient access during business
hours in case of emergency is a safe deposit box in a trusted local bank. For
a host of reasons, however, some precious metals investors prefer or want to
supplement local holdings with off-shore institutional alternatives, storage
facilities that can provide insurance, accounting and transportation
services, institutions that provide digital gold or silver payment systems or
custodians or other depositories that provide the security of an established
name or governmental entity standing behind the authenticity of their metals
holdings. In addition, use of third party storage facilities permits
investors with multiple residences or transient lifestyles to hold precious
metals in one or more jurisdictions of their choosing based upon convenience
or tax or national or economic security considerations.
In this article,
we summarize some of the better-known custodial, vaulting, and digital gold
arrangements available to individual investors in precious metals and provide
a list of considerations for those interested in exploring these and other
alternatives available to them. This is not a comprehensive list and our
summary is no substitute for individual due diligence, but we hope this will
help to introduce new investors in precious metals to the important
considerations in arranging for third parties to hold their precious metals
investments.
Here's a link to
the full article: http://solari.com/articles/Options_for_Storin...recious_Metals/
John Rubino
DollarCollapse.com
|