The world is changing by the minute, with that, we must attempt to remain one step ahead. As we know it to be, money is also changing by the moment; inflation has dramatically impacted our purchasing power and increased demand for wealth preservation assets.
Some investors have already converted some of their wealth into physical bullion, crypto currencies or alternatives to preserve the wealth they’ve worked so hard to create. Whatever you decide, please be sure to verify that the assets you choose will
maintain a high level of liquidity. Having worked in the precious metals business for more than 15 years, vaulted gold and silver have proven to provide unmatched liquidity, including during a crisis.
Outside product is bullion that has been withdrawn from depositories and delivered to an individual or institution and is no longer stored in an approved facility. The moment product leaves the vault the owner assumes responsibility for that product and its integrity. This product is now subject to an assay, fees and potential delays. Consider all delivered products a part of your estate, with no intentions to trade or
profit from ownership. This product loses some liquidity in this form and takes on a different role from the vaulted product. The Perth Mint no longer accepts outside product for storage, and you must sell your product back to the Perth Mint at spot minus assay and buy new product with the going premium to “deposit” product for storage. I believe, as precious metals rise, all outside product globally will become
subject to a very similar set of rules imposed by all storage facilities. If you own bullion to preserve wealth and liquidity, be sure to do so in a legitimate, secure facility with market access. Anything less could turn out to be a very costly mistake.
Should you have any questions about this post, please contact us for clarification or assistance. We can help you vault, deliver or finance bullion.
Written by - Rob McInerney
International Gold Vault Ltd.