MARKET NEWS / PRECIOUS METALS

The Benefits of Storage For Your Precious Metals

MARKET NEWS / PRECIOUS METALS
Precious Metals • Nov 02 2022
The Benefits of Storage For Your Precious Metals
MPM Posted on November 2, 2022

Precious metals represent a safe haven for investment portfolios in uncertain times. They safeguard against reckless economic policies and an ever-devaluing currency. 

With the purchase of gold and silver comes an important question: 

 

Where do I store my precious metals?

The temporary use of a safe deposit box can be very convenient but there may arise a scenario where access to your metals could be limited or restricted. You also have to be concerned with insurance. Therefore, vault storage should be considered. 

Not only can your metals be securely stored, but they can be fully insured as well. ICA’s programs are simple, convenient, and quite unique. We have taken the guesswork and uncertainty out of this decision for our clients. Investors have several options for securely storing their precious metals domestically or internationally.

 

Domestic Storage 

ICA has an excellent relationship with the most reputable and reliable independent vault storage facility in the country. We have known the principals for decades and regularly visit their ever- expanding facilities which are professionally and efficiently run.

  • Metals can be held segregated or non-segregated
  • Storage fees are very competitive
  • All product stored is fully insured
  • Simple storage agreement
  • Convenient for precious metals trading strategies
  • Unlimited product options
  • Not part of the U.S. banking system

 

International Storage

ICA offers the most unique international precious metals storage in the country. We spent years developing a flexible, multi-country program that allows for metals to be held in Zurich, Switzerland and Toronto, Canada.

– ICA clients’ metals are segregated

– Same storage fees as domestic

– All product stored is fully insured

– Simple storage agreement

– Product is physically held outside U.S. borders

– Singapore and Hong Kong are also options*

*Call your ICA Advisor for details on this alternative

 

Eligible Products for International Storage

Gold Bullion

  • 1 oz American Eagle
  • 1 oz Canadian Maple Leaf
  • 1 oz S.A. Krugerrand
  • Gold Bars
  • 1 oz Austrian Philharmonic

Fractional European Gold Coins

  • British Sovereign
  • Dutch 10 Guilder
  • Swiss 20 Franc
  • French 20 Franc

Silver Bullion

  • 1 oz American Eagle
  • 1 oz Canadian Maple Leaf
  • U.S. 90% Silver Coinage
  • 1 oz Austrian Philharmonic
  • Silver Bars

Platinum and Palladium

  • 1 oz American Eagle
  • 1 oz Canadian Maple Leaf
  • Bars

 

Flexibility

The flexibility of these accounts is quite impressive

  • The metals can be spread through five countries.
  • The metals can be easily transferred from one facility to another.
  • The metals can be liquidated and funds sent to the investor.
  • The investor can arrange to pick up the metals at the storage facility.
  • The metals can be repatriated and shipped to the investor’s address.

 

Advantages of the International Locations

Switzerland

  • No country has a longer history (over 300 years) of being a safe-haven in times of crisis.
  • Located strategically in the heart of Western Europe, Switzerland has enjoyed a long history of neutrality throughout the years.
  • Switzerland is still considered a major banking center for major corporations and world governments.
  • The metals are stored outside of the banking system in the tax free zone.

Canada

  • Canada has long been our friend and neighbor to the north.
  • We share a common language, a common culture, and the same British rule of law.
  • Toronto is ideally situated, less than a two hour drive from Buffalo, NY. It is our closest international storage location.

Call ICA today to review the simple application and to discover how easy and economical precious metals storage can be!

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