OPTION 1: Insured Precious Metals Depository
Drockton Bullion and Coin has contracted with Multiple Depositories that are fully insured and have the capacity to store your precious metals.
Segregated vs Non-Segregated Accounts
When storing your Gold, Silver, Platinum or Palladium in a Depository it is important to know the difference between a segregated vs. nonsegregated account.
In a segregated account, your metals are stored separately and what you put in is exactly what you will get out. In other words, when you take your metals out they will be the exact metals you deposited.
In a non-segregated account, you will have like kind and quality returned to you, since all the gold and silver is stored in a general area, what you put on deposit will not be able to be identified.
Understanding Gold Leasing and other Depository Risks
Depositories make their money by leasing out your gold and silver to banks and other institutions and charging them a lease percentage on the total market value of the metals that are leased.
It is quite possible for a Depository to Lease out 99% of the metals in its custody. This can leave the Depository with liquidation issues.
You Could End up with Cash Instead of Gold or Silver
ABN Amro, Europe’s largest depository, was unable to fill the requests for physical gold and silver withdrawals during the European Banking crisis. Instead they settled in cash. This is perfectly legal and normally part of your depository agreement.
The issue of course, would be market availability or rampant inflation prohibiting you from replacing the gold and silver you had stored.
Drockton Bullion and Coin does not Lease out your metals. We can provide you with Depository Options, but you assume all the risks. If that is not acceptable please see Option 2.
Option 2: Fully-Insured Gold & Silver Storage in a Segregated Local Account in Your Name!
The Problem with Bank Safety Deposit Boxes
Bank Safety Deposit Boxes are not Insured against loss. Whatever you put in, you are personally responsible for. If the Institution goes bankrupt, it is quite feasible for your boxes contents to disappear completely. This happened during the banking collapses of the early 1930’s.
The Drockton Bullion Precious Metals Storage Solution
Drockton Bullion has contracted with a Nationwide Network of Gold and Silver storage facilities which FULLY INSURE your gold, silver, platinum, palladium or other valuables! Unlike a Depository, you have total access and control over your gold and silver!
In a facility near your home! In your Name!
Please note this is a FREE Advisory Service for those that make a purchase of $5,000 or more in Precious Metals directly from Drockton Bullion. We charge a Consulting Fee to all others. For more information please fill out the form below!