Sentences with phrase «bullion vaults»

For the first time in history a normal person in a relatively poor country could hold their wealth no matter how small in top - tier investment grade audited and insured Swiss bullion vaults!

Six basement levels (including a bullion vault).

In the depths of the building's footing resides ScotiaMocatta's bullion vault, the only bullion bank in Canada.

Not exact matches

Forget bricks of bullion, he says, which would be dangerous to carry around in a disintegrating economy, and stay away from certificates that say you own gold or silver in some institutional vault, because those contracts could be rendered worthless.

As required by Internal Revenue Code rules, the bullion coins or bars you buy are safely stored on behalf of your IRA in a fully insured, secured vault with a nationally recognized vaulting provider.

Allocated gold bullion, kept in a secure vault or vaults.

Le Freeport can not gain access to the vaults once they have been leased to customers, which include art storage services like Christie's and companies specializing in handling gems and precious metals, wine, or banks storing gold bullion.

Precious metals are redeemable in bullion bars at vaults and Goldmoney Branches, or in a selection of coins and bars that can be shipped to clients via Schiff Gold.

It's much safer to have your bullion stored in a secure vault.

With a worldwide unique walk - in bullion shop, showroom and vault, we can cater to all your precious metals needs.

The well documented disappearance of bullion from Western vaults may mean that credit required for transactions in synthetic gold — i.e., some sort of claim on underlying physical gold — will become increasingly difficult to obtain.

What is the size of the total short physical gold position, or put another way, how much gold from their vaults have the central banks collectively deposited, leased or swapped into the market through the bullion banks?

While ETFs are backed by physical gold held in vaults and warehouses they also interpose a third party between the investor and the bullion.

Brandon White of bullion dealer BMG Group in Ontario calls attention to a recent report in the major Russian newspaper Komsomolskaya Pravda by two journalists who were given an exclusive tour of the vault containing Russia's gold reserve.

The concept of having one's cyrpto backed by bullion in a vault somewhere is still dubious for it requires absolute honesty and perfect execution from the exchange, vault managers, etc..

Through an agreement with the Mint, every trade on Vault Chain will be backed one - to - one by physical gold bullion in storage at its vault.

In contrast, the bullion stored with the Hard Assets Alliance in any of our vault locations is always available for immediate delivery at your request.

These are technically trusts, and they use their assets to buy gold bullion to store in bank vaults.

Like every other state, we have been promised that the tests will have classroom teachers swimming in a vast vault of data, like Scrooge McDuck on a gold bullion bender.

Luxury: It packs a V - 12, it has a very long wheelbase, and it's as heavy as a bank vault loaded with bullion, but the Mercedes - Maybach S600 is a spectacularly executed luxury sedan.

Even so, the depository is second in the United States to the Federal Reserve Bank of New York's underground vault in Manhattan, which holds 7,000 metric tons (7716 tons) of gold bullion (225.1 million oz.

Did you know: The Federal Reserve Bank in New York stores 25 % of the world's gold bullion in underground vaults 80 feet beneath the bank.

Like its competitor, SPDR Gold Shares (GLD), the trust is backed by gold bullion held in a vault by a custodian.

Perhaps you envision stacks of gold bullion piled high in a vault.

However, there are now numerous ETFs that represent a share of gold bullion stored in a vault on behalf of investors.

The Fund holds unencumbered silver bullion on a long - term basis in 1,000 ounce international bar sizes, held on a fully allocated and segregated basis, in treasury vault facilities of a Canadian chartered bank.

Banking became a more profitable business as it devolved into a leveraged game of chicken — collecting a positive interest spread (interest paid to gold depositors vs. interest charged on loans) while avoiding the very low probability that substantially all gold claim holders would attempt to simultaneously exchange their receipts for the bullion in the bank's vault.

I grabbed the bullion from out of the secured vault I had rented in the complex and cashed out.