For many years now there has been a huge gap in the market when it comes to gold IRA and silver IRA storage.
Having precious metals depository facilities based only in Delaware has been a limiting factor for many gold IRA companies for a long time.
A gold depository in Texas has been discussed for years within the state legislature, and a bill was passed as recently as 2015 to enable a state-run gold repository to be built.
As is the case with many state-run projects, it has run into problems which are taking a long time to solve. Three companies are in contention for the contract, and all have different visions of how the project will pan out. Arguments are shifting back-and-forth as to which solutions offer the best value for Texans. A large minority of the state are firmly against any such project anyway, feeling that Texas would be better off spending its money elsewhere.
While all this has been rumbling on, IDS (International Depository Services) have stepped into the vacuum, and have taken the initiative. They have built a private, state-of-the-art, environmentally controlled, secure precious metals depository in Dallas.
This amazing new facility complies with all the necessary COMEX/CME/LBMA/ICE certification approvals. The security procedures and precautions at the depository are world-class.
After months of meetings and negotiation, Noble Gold Investments, based in Pasadena, California, have secured exclusive rights, on behalf of their clients, to use this new facility for all of their gold IRA, silver IRA, and precious metals IRA rollover business.
Anyone keeping precious metal in an IRA has to keep the metal in a registered secure depository facility ( one of the legal requirements of holding an IRA ). Being limited by one storage facility has long been an issue with gold IRA buyers, who often felt uneasy about “Wall Street” having their metals. (Can you blame them?)
With transport costs being so high, distance is also an important factor to consider when moving precious metals. Not only do they weigh a lot, but there are security considerations to take into account as well.
For these reasons, gold IRA companies reviews have berated the lack of alternative storage facilities, which, until now, have been confined to the East Coast.
The new Texas gold depository completely changes the game, and gives Noble Gold a decided advantage in this area over other gold ira providers. Secure storage for IRA gold and IRA silver is now available, both in mainland U.S. locations in Delaware and Dallas, and offshore in Toronto.
No other gold IRA investment company can boast such an array of options.
The IRA gold investment can be kept in segregated precious metals storage, at each of these locations. Segregated gold depository services are essential to keep the precious metals secure, but separate, in a vault space allocated just to the client. This means that the metals will not get mixed up with other investor’s deposits, it also makes the paperwork a lot easier!
This service is completely confidential – Noble Gold take client privacy very seriously – all transactions are private and confidential, with nobody outside of the transaction knowing anything about the client’s holdings.
This is an exciting development for gold backed IRA customers, silver backed IRA customers – in fact anybody wanting gold IRA approved depository facilities outside New York.
If you are looking at storage for your gold or silver IRA you need to consider the advantages of storing your metals in Texas – speak to Noble Gold Investments today and find out why.
