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<p>[QUOTE=&quot;calcol, post: 2900980, member: 77639&quot;]Requiring the custodian to acquire the precious metals for IRA inclusion is a good rule:&nbsp; 1. the custodian is less likely to buy fake material than the average customer.&nbsp; Custodians buy from reputable sources and have the expertise and equipment to test precious metals. 2.&nbsp; if the custodian purchases fake material, they or their insurer are responsible and required to make it right.&nbsp; 3.&nbsp; if account holders submitted their own material, they would have to worry about their material being accidentally swapped with someone else&#039;s, which might be fake.&nbsp; And the swap might not be provable.&nbsp; Under the current system, if your material gets swapped with someone else&#039;s in a segregated account and ultimately proves fake, the custodian or their insurer are required to make it right.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>

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