Here's The Best Two Places to Store Your Gold...

Published on June 9, 2023
Duration: 7:15

This video by former CIA officer Jason Hanson outlines the two best places to store precious metals: within your home in a fireproof safe, and in a professional depository like the Delaware Depository for larger sums. He emphasizes the security measures and allocated accounting system of the Delaware Depository, highlighting its suitability for self-directed IRAs and its role in mitigating counterparty risk.

Quick Summary

Former CIA officer Jason Hanson recommends storing precious metals in a fireproof safe at home for immediate access or in a professional depository like the Delaware Depository for larger sums. The Delaware Depository offers advanced security, allocated accounting for 100% ownership, and is qualified for self-directed IRAs, mitigating counterparty risk.

Chapters

  1. 00:00Intro: Storing Precious Metals
  2. 00:16Two Best Places to Store Gold
  3. 00:42The Delaware Depository Explained
  4. 01:55Delaware Depository Security Features
  5. 03:50Allocated Storage & IRA Benefits

Frequently Asked Questions

What are the two best places to store gold and silver?

According to former CIA officer Jason Hanson, the two best places to store your precious metals are: 1. Your home, secured within a fireproof safe. 2. A professional depository, such as the Delaware Depository, for larger quantities, offering enhanced security and specialized services.

What makes the Delaware Depository a secure place for precious metals?

The Delaware Depository employs multi-layered security, including 21-inch reinforced concrete walls, ballistic doors, 360-degree cameras, man traps, and a UL Class III vault. They also offer allocated accounting, ensuring physical possession and 100% ownership, and are insured by Lloyd's of London.

Can I store precious metals in a self-directed IRA at the Delaware Depository?

Yes, the Delaware Depository is qualified to hold precious metals within a self-directed IRA. This allows individuals to diversify their assets with physical precious metals while benefiting from tax advantages.

What is allocated storage for precious metals?

Allocated storage means that every ounce of metal identified on the records is physically held in the custody of the storage facility, like the Delaware Depository. This guarantees clear chain of custody and 100% full ownership, unlike some bank vaults that may loan out assets.

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