Good strategy... everyone should keep their precious metals in their own possession. However, if you have bulk silver and lots of it, you may want to consider storage in a vault. I have written a report on how to internationalize precious metals, it's over 100 pages long and a complete compendium on the topic. In doing so, I have spoken to many of the most reputable private vaulting facilities around the world. But a bird in the hand is worth 2 in the bush, hold the precious metals yourself if you can.
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