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<p>[QUOTE=&quot;krispy, post: 1097581, member: 19065&quot;]<a href="http://www.fsdepository.com" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.fsdepository.com" rel="nofollow">First State Depository</a> is another bullion custody service provider which I have linked to in the past on CT. I notice that their <a href="http://www.fsdepository.com/Vault/how-your-gold-and-silver-assets-are-insured-at-fsd/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.fsdepository.com/Vault/how-your-gold-and-silver-assets-are-insured-at-fsd/" rel="nofollow">insurance policy</a> indicates they use <a href="http://www.hwint.com/usa/hughwood/ana/index.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.hwint.com/usa/hughwood/ana/index.html" rel="nofollow">Hugh Wood, </a>also sponsored/recommended by the <a href="http://www.money.org/AM/Template.cfm?Section=Benefits&amp;Template=/CM/HTMLDisplay.cfm&amp;ContentID=15935" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.money.org/AM/Template.cfm?Section=Benefits&amp;Template=/CM/HTMLDisplay.cfm&amp;ContentID=15935" rel="nofollow">ANA</a> due to their comprehensive replacement policies for coins and bullion not typically covered under normal insurance companies home owners policies. Hugh Wood also offers particular insurance for items stored in bank SDBs and during transport between points. For individuals these rates are considered very reasonable for the customized policies they write above that of under-insured policies that do not afford such protection of these items in standard retail insurance policies.</p><p><br /></p><p>As for &#039;corporate fraud&#039; not identified in the FT insurance described on the web site, for the sake of brevity it may not be a specific circumstance disclosed online. The mention of &quot;<span style="color: navy">includes all risks of physical&nbsp; loss and/or physical&nbsp; damage, including mysterious disappearance and/or&nbsp; unexplained loss and&nbsp; shortage, employee dishonesty and theft&quot; <span style="color: black">would certainly need to be fully reviewed and if not named, then inquired about adding to the policy rider. If it cannot be reasonably explained then other options may need be sought if a private vault service is in ones need.</span></span></p><p><span style="color: navy"><span style="color: black"><br /></span></span></p><p><span style="color: navy"><span style="color: black">My point is simply to point to certain degrees of security and insurance being available if one seeks such services. At some point neither the individual protecting their holdings at home in safes, behind security systems and by arming themselves, nor leaving items secure in a bank or a private vault can ultimately secure anything without any an inkling of risk involved. Each person has to weigh their risk and personal security securing what they choose to protect. It&#039;s not so easy to just say if you can&#039;t hold it you don&#039;t own it, when you may simply be stomped out and relieved of your &quot;holdings&quot; by a home invader if one finds themselves in that unfortunate situation. This is something that wouldn&#039;t easily occur with items stowed in secure bank vaults or private safe depositories. I&#039;d be more in fear of SDBs and vaults in unstable nations than in those with realatively strong records of political security. In over 25 years of protecting collection and investment items along with personal records in bank SDBs, even those not within a short walk or drive from my home, but states apart, I report no loss, no threats to security of these items and no need for excessive home defense and loss of sleep. For most individuals, an adequately insured SDB in a commercial bank is security enough to ward off losses and perhaps also the tendency to become paranoid about not having these metals at arms length 24/7. It&#039;s risk avoidance and that comes at each individuals own personally defined comfort level.</span></span></p><p><span style="color: navy"><span style="color: black"></span></span>[/QUOTE]</p><p><br /></p>

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