Gregor Gregersen: Keynote: Shortcomings and Scandals in Bullion Storage
- Palisades Gold Radio 24 June 2019
To subscribe to our newsletter and get notified of new shows, please visit http://palisaderadio.com Gregor discusses the pitfalls and dangers of storing precious metals in unallocated accounts. Using unallocated accounts is very common in the industry. You have no guarantees to any particular bullion, and there is significant counterparty risk if the bank or vault you are storing with has financial difficulties. Gregor is founder and owner of Silver Bullion SG which is located in Singapore. They have a high-tech, audited, and transparent method of securely holding your bullion assets. Customer assets are segregated and not part of their balance sheet. They also have a peer to peer lending program based around those assets. Time Stamp References:
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1:00 – Intro and Gregor’s background.
6:00 – Scandals in bullion vault holdings.
8:00 – Futures & Warren Buffet
12:00 – Future Price Settings of Commodities.
16:00 – The crisis case for bullion.
18:20 – Silver Bullion SG storage solution.
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