Gold Bullion Storage

Gold Bullion Storage

Gold is something that every wise investor should own. The very best and most secure gold bullion storage method is in a gold bullion vault.  In the state of Utah many investors have chosen gold bullion to build a portion of their investing portfolio on. 

Gold bullion is a form of this precious material that retains value no matter what happens to the government.  It is a great way to diversify your investments and protect your wealth in the event of a cyber-attack. Gold also has a negative correlation with all other investments, meaning that when the price of the dollar drops, gold goes up. Owning gold does not come without its risks.  So knowing how to store it is vital.  A secure gold bullion vault protects your investment for now, and for the future!

Keys To Gold Bullion Storage

There are things to know about how to protect your gold bullion investment.  For example, it should be a secret.  If your neighbors or co-workers know you’re sitting on a literally fortune, news could get around.  You also need to take into consideration IRA accounts that are based on precious metal guidelines set forth by the IRS.

Keep It Secret

The first rule that comes with storing gold is to tell as few people as possible about it. The less people that know you own gold, the less likely you are to be a target for theft. What you should do is tell one person who you trust where your gold is, in the unlikely event of your demise. Beyond that one person, you should keep your lips sealed. As soon as somebody lets the cat out of the bag, there’s no telling who is going to hear that you possess gold.

Where To Store Gold Bullion

Then comes the matter of where to store your gold. There are many different options available and all come with their pros and cons. If you are storing a large amount of gold, you should try your best to keep it in as many different places as possible. Diversifying your storage locations protects your investments and allows you to reap the benefits associated with different sites, while minimizing the downsides. If the bank is robbed, you still have your safe at home. What kind of options are available to store gold?

Bank Safe Deposit Boxes

One of the first options many people turn to are safe-deposit boxes at banks. For a very small fee, you can claim a box to store your valuables in a secure location. Banks are not infallible, however, and there have been many instances where safe-deposit boxes have been robbed or even drilled by the bank for no apparent reason. Banks are also difficult to access due to their restrictive hours of operation. If the gold market fluctuates dramatically on a Friday night, you are out of luck.

Storing Gold Bullion At Home

The main alternative to storing with a bank is to keep your gold at home. The first line of defense is a safe, but that can only go so far as a crowbar and enough time can break into almost any safe. You don’t want the safe to be of a size that can easily be carried out either. Aim for 500 pounds when deciding upon a safe and remember that your gold can add to the weight as well. Finally, the best defense is that of secrecy. Hiding your gold, whether it’s underneath the floorboards or in the backyard is the best way to protect your assets when storing at home. Burying your gold makes it very difficult to access, so only do this if you intend to not touch your gold for a very long time.

Gold Bullion Private Vaults

If you intend on liquidating your gold in a timely manner, neither of the above options are enticing. This is where private vaults come into play. Private vaults allow access to your safe 24/7 and they allow you to insure the contents of your vault, a service that a bank cannot provide. Private vaults also keep the contents of your box a secret, which is one of the best ways to protect your bullion. With state of the art security, and twenty four hour surveillance, there are few places as safe to store your gold as this.

Safe Haven Private Vaults

Safe Haven Private Vaults is Utah’s premiere Gold Bullion storage facility.  We have state of the art security features such as 4 stage access validation.  In addition we have armed guards and military-grade protection for your assets.  Best of all we ensure you have access to your private vault 24 hours a day, 7 days a week, 365 days a year.  Our security never takes a vacation.

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