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Silver Bullion - What you should do when you decide to go for
Non-Fungible Storage (Allocated Storage)
Here is what you should do when you decide to store silver in non-fungible storage
(allocated storage):
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Search for a suitable bank/dealer: Search for a suitable
bank or dealer offering non-fungible storage (allocated storage) as close as possible to your home or
place of residence. You don’t want to store your silver in a bank or at a dealer in a
foreign country or where you have to travel a substantial distance to access it, especially if you
understand the risks attached to silver confiscation, a possible
collapse of government, etc. You must be able to remove your silver from storage as fast as possible
when required to do so. In fact, if you cannot hold, touch or feel your silver whenever you like,
you’re in all probability not making use of the ideal silver storage solution.
Invest in precious
metals today! Contact us for
details.
Invest in precious
metals today! Contact us for
details.
Yes, you can store some of your silver at a bank or dealer overseas in order to
lessen the risks attached to storing it only in one country, but this is only advisable if you can keep it
cost-effective. E.g. if you cannot really afford to travel overseas to access your silver, it’s best not to
bother storing it there, especially if you’re like us who are admittedly highly suspicious when it comes to
any paper or electronic claims.
Tip: If you can, rather store your silver at a dealer than at a
bank. Banks are so closely involved in the “paper gimmick” that you don’t really want to
store your silver with them.
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