The Safest Place to Store your Silver and Gold
During the Financial Crisis of 2008, as counterparty solvency fears paralyzed the financial world, it became apparent that physical bullion is a wealth refuge which is in very high demand during a crisis because it can address three big issues: Counterparty, Currency and Jurisdiction Risks.
Investment grade gold and silver is a liquid assets that does not need to be a liability on somebody else's balance sheet and can therefore be physically owned and isolated so that the owner need not be a creditor dependent on the solvency of financial institutions. [Counterparty Risk].
Bullion is also a natural hedge to inflating fiat currencies, which is a huge advantage in a time when governments are racing to print money. [Currency Risk]
However, throughout history, financially distressed governments have often nationalized or confiscated bullion, thereby creating the need for a jurisdictionally safe storage solution. [Jurisdiction Risk].
In 2009, in a financially interdependent world reeling from near-financial collapse, it was surprisingly difficult to find a storage solution that could credibly address these three systemic risks. A major problem was that the industry was dominated by large, Western based, financially interdependent companies whose ties would, by their very nature, expose them to systemic risks in ways that made us uncomfortable.
Hence in 2009 Silver Bullion was founded in Singapore to bring silver bullion to this city state and leverage the country's excellent jurisdictional protections.
As we grew, we have reasoned from basic principles to develop solid protections against the three systemic risks of Counterparty, Currency and Jurisdiction while providing excellent storage facilities, reliable bullion testing, optimal insurance, deep buy/sell liquidity, collateralization and digitization.
By Gregor Gregersen
Founder of Silver Bullion & The Safe House
Silver Bullion founder Gregor Gregersen got his first silver delivered to Singapore through the newly established, GST registered private limited entity.Silver Bullion website
S.T.A.R Storage was established with storage being outsourced, resulting in sub-optimal Force Majeure and Insurance which we aimed to remedy.Learn about S.T.A.R
Silver Bullion launched their own vaulting operations and vault management system, eliminating foreign sovereign risk by fully insourcing vault processes.The Safe House Website
The platform enables reliable income and liquidity options via online peer-to-peer loans backed by the borrowers precious metal assets.Learn about Liquidity Loans
Acquisition of a 180,000 sqft facility which will become the world’s largest capacity vault at over 15,500 tons capacity to further reduce counter-party risks and leverage economies of scale.