John Rubino is a former Wall Street financial analyst and author or co-author of five books, including The Money Bubble: What to Do Before It Pops and Clean Money: Picking Winners in the Green-Tech Boom. He founded the popular financial website DollarCollapse.com in 2004, sold it in 2022, and now publishes John Rubino’s Substack newsletter.
The choices for remote gold/silver bullion storage are multiplying. Here’s a new one that seems worthy of consideration. From the press release:
Eagle, Idaho (August 12, 2024) – The Western United States now has its very own Fort Knox, only substantially larger.
After three years of planning and construction, Money Metals has opened its state-of-the-art 37,000-square-foot vaulting and fulfillment facility in Eagle, Idaho.
Nestled into the base of the Boise Foothills, Money Metals’ high-security gold and silver storage compound cost $28 million to construct, has the capacity to hold upwards of $100 billion in gold and silver, and can be further expanded to 60,000 square feet.
Built on a 3.2-acre lot adjacent to city and county police and emergency services, the new depository offers an extremely secure location for individuals, businesses, family offices, governments, and financial institutions across the globe to store high-value precious metals assets.
Embedded into the facility are advanced security measures, around-the-clock monitoring, secure access controls, a security team composed of armed former law enforcement and military personnel, and third-party audits and insurance to ensure the highest standards of integrity and protection.
Money Metals’ Class 3 vault is the largest in North America, providing nearly 9,000 square feet in ultra-secure storage space, more than twice the capacity as the United States Bullion Depository at Fort Knox, Kentucky. (Class 3 is the highest possible vault rating possible in accordance with Underwriter’s Laboratory (UL) standards.)
“The need for this massive new depository is a testament to the significant and growing demand for physical gold and silver coming from Americans who seek refuge from the deliberate federal policy of currency debasement,” observed Stefan Gleason, President and CEO of Money Metals.
Good location, respected manager
Idaho is likely to treat precious metals as money going forward. It’s also likely to end up on the right side of the coming secession debate and/or civil war. Money Metals, meanwhile, has been around for a while and boasts a solid Better Business Bureau rating. Its storage fees seem reasonable:
So once it’s established, this depository is worth adding to the list of remote storage possibilities.
Standard disclaimer: I don’t have a marketing relationship with Money Metals (or anyone else) and don’t profit from transactions that happen in response to this post. The above is presented as useful information only. Please do your own research before acting.
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