Allocation acc's

[copperhead]

Silver is a wondrous world how bout - - Allocation Accounts

I feel that sure they have triple auditing of the silver backing the cash you give them . But they must take the money for investing ventures sure your money is backed with silver and short term all is well . But if you build a sizable stash after 5 10 years
and they go out of business (regardless of what the company rep says ) can you loose it all.
Are most of them basing it on a Ponzi scheme and need new customers indefinite to stay in business , They may have silver but can't they run out of cash ?

 

[Pirocco]

An allocated account should be silver that is property from its owner, not from the one storing it as a service.
At least, that's what is to expect?
Regarding possibility of Ponzi schemes, that's a possibility in ALOT. Is precious metal storage more, less or equally prone?

 

[copperhead]

https://www.anthemvault.com/?gclid=CNuGm6OOvMUCFYIXHwodMyQAIA

This company has buy and sell typical to street prices
and must be good for the very wealthy as you can take possession
but only of bars they buy 1000 oz silver bars
37 oz gold bars . so for me thats scary to build that much wealth with them .
you can sell and get money back and minimal storage fee's

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https://www.elemetalvault.com/
This company offers low storage . low fee's , with more realistic allocated silver or gold bars sizes to take possession of.

Both companies have zero negative complaints as per Internet search