Precious Metals Depositories Increasingly used to Store Personal and Organizational Assets

Financial turmoil on a global scale has encouraged investment in physical stores of precious metal bullion. Silver and gold are maintaining strong positions in the portfolios of organizations and individuals wishing to protect monetary assets.

For those who want physical control over their highly liquid precious metals, bank depositories, like vaults and safe deposit boxes are no longer the answer. Recognition of silver and gold as “safe haven” assets, should international fiscal emergencies proliferate, is causing many to seek private depositories to store their bullion.

These specialized storage facilities often hold customers assets off their balance sheets, in order to maintain the exclusive claims of their owners. Twenty-four-hour security, separate insurance and immediate availability for direct shipment and transfer are convenient and protective features of these sequestered accounts. Strict adherence to operating protocols for handling investor holdings provides additional security for investors. Private vaults are typically located close to transportation hubs for greater accessibility to transport methods.

http://coinweek.com/bullion-report/more-investors-opt-to-place-gold-and-silver-in-depositories/

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