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<p>[QUOTE=&quot;10gary22, post: 1097373, member: 23626&quot;]The problem with letting a vendor hold your gold or silver is that a few years ago during one of the gold runs several companies sold gold bullion coins. ie Maple Leafs, Kuggerands, etc and charged to store them in their vaults. The problem came about when several people claimed ownership of the same coins. Banks I use carry insurance for my cash. I never heard of a bullion broker who was covered by the FDIC.</p><p>&nbsp;</p><p>You do what you want with your money and gold. I feel that gold or silver you don&#039;t have access to is not really owned. I happen to use a 24 hour Vault I can access to store part of my holdings and the rest is secreted. I gave you good advice, but you certainly can choose to ignore it.</p><p>&nbsp;</p><p>But comparing FDIC insured deposits to a private company vault holding your bullion is not really the same thing.</p><p>&nbsp;</p><p>gary[/QUOTE]</p><p><br /></p>

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