Bullion Delivery - BUYER BEWARE!

The world is changing rapidly, and we must strive to stay ahead. Money, as we know it, is evolving by the minute, and inflation has significantly eroded our purchasing power, increasing the demand for wealth-preservation assets.
Some investors have already shifted part of their wealth into physical bullion, cryptocurrencies, or other alternatives to safeguard the value of what they've worked hard to build. Whatever asset you choose, it’s crucial to ensure that it maintains a high level of liquidity.
With over 15 years of experience in the precious metals industry, I can confidently say that vaulted gold and silver provide unparalleled liquidity, even in times of crisis.


The Risks of "Outside" Product
"Outside" product refers to bullion that has been withdrawn from approved depositories and delivered to an individual or institution, meaning it is no longer stored in a secure, recognized facility. Once this product leaves the vault, the owner assumes full responsibility for its safety and integrity. This product becomes subject to additional processes, such as assays, fees, and potential delays.
If you choose to take delivery of bullion, consider it part of your estate, with no intention to trade or profit from it in the short term. Outside product generally has reduced liquidity compared to vaulted product and takes on a different role.
For example, the Perth Mint no longer accepts outside product for storage. Instead, you must sell your bullion back to them at spot price minus assay fees and then purchase new bullion at the current premium to store it. As precious metals prices rise, I believe many storage facilities worldwide will impose similar rules for outside product.
If your goal is to preserve wealth and maintain liquidity, ensure your bullion is stored in a legitimate, secure facility with market access. Failing to do so could result in costly mistakes.


Need Help?
If you have any questions about this post or need clarification, feel free to contact us. We are here to assist with vaulting, delivery, or financing your bullion.
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Written by: Rob McInerney
International Gold Vault Ltd.