Posts Tagged‘gold’

Don’t Let Banks Lease Your Gold: Choose Allocated Storage

Are you a gold investor who holds their gold with a bank in non-allocated storage? Did you know that the gold you leave in the bank may not be the gold you take out, or that your investment is technically on the bank’s books, meaning it could be claimed by creditors in the event of a bank failure or used in a bail-in if another financial crisis were to happen? If there’s any lesson that 2008 should teach investors, it’s that financial meltdowns are well within the realm of possibility, and that poses a risk to your physical gold if…