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How Precious-Metals Depositories Work
What to evaluate when a depository stores IRA-owned gold, silver, platinum or palladium.
A precious-metals depository specializes in secure storage and handling of bullion and coins. For an IRA investor, the relevant question is how the depository works within the custodian's account structure.
Due-diligence questions
- Where is the facility located?
- What storage options are offered?
- How are holdings reconciled and audited?
- What insurance information is available?
- How are inbound and outbound shipments controlled?
- How do fees flow through the custodian?
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