You know the importance of asset diversification.
Now it’s time to think about safely storing this investment.
It used to be difficult to place your holdings in physically diverse locations. But there is good news.
The Bullion Bank’s Allocated Storage Program lets retail investors store segregated gold and silver holdings securely and physically located by the nation’s capital. Setting up an account is simple and managing it just as easy. Everything can be done over the phone or email, from delivery of your physical asset to selling it back to the market. Here is why The Bullion Bank’s Allocated Storage Program (ASP) could be just right for you.
- Storage near the nation’s capital, one of the world’s most stable cities
- Secure storage in top tier vaults
- 24 hours – 7 days a week monitoring
- Competitive storage fees
- Quarterly audits
- Detailed monthly statements to help you track your assets
- Easy account set-up with minimal paperwork
Allocation Storage Pricing Tiers
All percentages are expressed annually*
|Current Market Value||Fee (Gold)||Fee (Silver)|
|$-0- to $99,999||0.65%||0.65%|
|$100,000 to $499,999||0.58%||0.60%|
|$500,000 to $999,999||0.50%||0.52%|
|$1,000,000 to $2,999,999||0.48%||0.50%|
|$3,000,000 to $4,999,999||0.45%||0.45%|
*Storage costs are expressed annually, however, you will be required to pay a monthly fee based on the annulized amount.
In order to calculate your monthly billings, we perform the following calculation based on the current spot (market) price of gold or silver based on the New York or London exchanges:
For example, if you have $1,500,000 in gold with us we would multiply that by our rate of 0.48% and divide that result by 12 months:
1,500,000 * 0.0048 = $7,200. $7,200 / 12 = $600/month
For partial month billings, we will simply take the daily rate based on the exact days in that particular month. Current asset values for weekends and holidays will be calculated based on the last price for gold or silver at market close.
For example, if you wish to sell your gold holdings on Sunday, March 18th, your price of gold will be based on the price at which the commodities market closed on Friday evening.
To learn more about the program send us a quick message from our contact form by clicking this button: