How do you store?
How do you hold on to the metal
once you've bought it?
Well,
three things I'll raise.
You can store it at home.
You can store it domestically, but not at home.
Or you can store it abroad.
Very simple.
At home,
a lot of people cringe when they hear this.
I take it back.
A lot of people want to hold it at home.
They have that desire to keep it in their hot little hands,
but they do cringe because they know that they're
responsible for safeguarding and protecting it.
Okay?
And that's a big responsibility.
It's the cheapest way to hold metal
until it's lost or stolen.
And it's the most expensive because it's 100% loss.
But I do think because of the definition of wealth insurance,
right,
it's a store of purchasing power with high liquidity,
right?
Meaning if you have an issue,
you need to put your hands on the metal and deal with it right away.
Okay?
That's gold's purpose for that little
bit of insurance in your portfolio.
So that really kind of dictates you have to keep it at home.
But don't hold any more than you feel
comfortable safeguarding and storing yourself.
Don't hold any more than you feel you need to bridge a short
-term gap to access funds elsewhere in terms of a crisis.
So you're only holding what you need to get
by and that you feel comfortable storing.
Everything else,
I believe you should put in the hands of the professionals.
You're going to pay a little fee to have
them hold it for you and safeguard it.
And we can give you guidance.
Just reach out to us about what you should look for in a depository.
We can recommend some.
as well.
The bottom line is there are things that you might not think about.
Do they practice 100% insurance versus fractional insurance?
If they practice fractional,
we don't deal with them.
They put your metals at risk, in my opinion.
100% insurance is the bare minimum.
That's the only thing acceptable.
Okay?
So these are the kind of things that we can
guide you through and get you in the right hands,
whether you're storing domestically or abroad.
The more you hold,
the more you own,
the more I think you should spread it out.
