From the Texas Depository website:
TPMD is one of the largest silver depositories in the world. Our private, world-class facility offers precious metals storage services to retail clients, IRA custodians, family offices, and large institutions.
All gold, silver, platinum and palladium holdings are fully segregated, sealed, annually audited, and 100% insured through an all-risk policy by Lloyd’s of London, the world’s leading insurer of specialized assets. Assets stored at Texas Precious Metals Depository (“TPMD”) remain the property of the client, and independent of TPMD’s balance sheet. In other words, client assets are held as bailment, not on deposit with the facility or as consignment. Unlike other facilities, client assets are never commingled.
Services / Products Available
Bullion storage
Fully insured
Segregated
Allocated
IRA suitable
Fees: fixed/percentage
In-person visits: no
BBB rating: A+
Bullion.Directory rating: A+
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In a Nutshell:
Not to be confused with state-run Texas Bullion Depository, Texas Depository is a 100% private facility operated by one of America’s leading bullion dealers, Texas Precious Metals.
A true giant in the industry, Texas Precious Metals’ bullion storage facility hosts both national and international bullion investments, corporate investors and the bullion holdings of private individuals. They are also used by a number of gold IRA companies, due to their excellent service standards and keen pricing.
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