SILVER SCAM - The Dangers of Storing Silver in a Vault

In this video I talk about a massive silver scam that has been going on for a number of years. People were trusting that a silver vault actually was holding their silver coins when it was not. If you want to have your silver vaulted then you need to understand the risks. I believe that the best way to store silver is to make sure that you can access it to limit the counterparty risk with vaulting your silver. There were hundreds of thousands of silver coins and thousands of gold coins that were stolen from individuals who trusted First State Depository in Delaware. This silver scam involves 2 companies and has been going on for nearly a decade. If you can't hold it then you don't own it.

First State Depository Website:
https://fsdreceivership.com/

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