Owning gold is a form of financial insurance, so you need to possess it in the safest way possible in order to reduce counterparty risk.
That's why GoldBroker offers an alternative solution for investment and storage that eliminates any and all exposure to the risks associated with having intermediaries between investors and their precious metals, either at the level of ownership (direct) or storage (a storage account in your name).
Storage is managed by our partner Malca-Amit, a private operator independent from the international banking system. Founded in 1963, Malca-Amit is a trusted storage partner for financial institutions and high net-worth individuals around the world. Malca-Amit’s highly-secured, strategically located storage facilities are recognized as market leaders. Their facilities include a division dedicated to a unique set of value-added services for those needing storage of bullion.
Storage outside of the banking system eliminates the risks of counterparty default (bankruptcy), bank account confiscations (bail-ins) and government confiscation, and permits access to one’s gold/silver quickly in the event of a temporary bank closure.
Your precious metals are kept in professional storage units, so your precious metals never leave the professional logistics chain, retaining their maximum resale value. Our storage partner works with an international insurance company to ensure against all risks (except for losses resulting from a civil war or a nuclear explosion and/or terrorism).
Vaults are located in free-trade zones so no duties or taxes apply. Investments in physical silver are exempt from VAT.
The storage certificate issued in your name by an independent company guarantees that the gold bars really exist. A storage company cannot issue a storage certificate unless the indicated quantities of gold or silver are physically present in their vault. A storage account is opened in the client's name and a storage contract is signed between our clients and our storage partner. This means that, even in the case of our company going bankrupt, your assets are protected, because they do not appear on our company’s or our storage partner’s balance sheets at any time.
Your precious metals are protected by the strictest security rules. The vaults’ security and safety systems have been designed from the ground up, incorporating a uniquely tailored mix of physical surveillance, cutting-edge technology, 24/7 monitored CCTV, and alarm, climate, and fire control systems. Security is paramount.
All our clients own their gold and silver bars directly in their name. (A storage certificate is issued by the independent storage company that shows the identity of each investor and the bars' serial numbers.) The bars are also stored in the client’s own name as well (a storage account is opened in the client's name and a storage contract is signed between the client and our storage partner). There is no intermediation between our clients and their precious metals.
The storage certificate issued in your name is a property title issued by an independent company. This document proves that the gold bars really exist and that you are their legal owner.
Our secured storage partner is a company governed by the country's laws in regard to the logistics of secure storage of precious metals. It is this company, independent from GoldBroker, which issues the storage certificates.
Our company does not directly issue the certificates. A storage company cannot issue a storage certificate unless the indicated quantities of gold or silver are physically present in their vault.
If you store your precious metals in Switzerland for example, you must have a Swiss company issuing your property title in order to have the absolute guarantee that it is recognized by Swiss law.
If you hold gold through a bank or other entity and you do not have a clear ownership certificate with your name and your bars’ serial numbers, it is important to ask yourself the following question: If there is no clear document proving I am the direct owner of my gold, on which company’s balance sheet does it show? Who is the legal owner?