Storing silver in fungible storage (unallocated storage) at a bank or dealer offers the following advantages:

  • Cheaper than non-fungible storage (allocated storage): Fungible storage (unallocated storage) is normally cheaper than non-fungible storage (allocated storage), but the risks attached to fungible storage (unallocated storage) simply make it worthwhile to pay a premium for non-fungible storage (allocated storage).

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