(Insights)
Notes from the vault floor
Practical writing on custody, logistics, insurance and title — for people who own precious metals and want to understand exactly what protects them.
Markets3 min readLBMA Good Delivery, explained for owners
The 400-ounce bar is the currency of the wholesale gold market. Here is what the Good Delivery standard guarantees, what it doesn’t, and why it matters when you sell.
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Logistics3 min readAnatomy of a chain of custody
Every hand-over is a moment where a bar could be swapped, lost or simply undocumented. Here is how a disciplined chain of custody closes each gap.
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Insurance3 min readHow specie insurance really works
Carriers’ liability limits are tiny compared with the value of gold. Specie insurance fills the gap — if you understand what it covers and what it asks of you.
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Logistics3 min readMoving gold by air: strong room to strong room
Most international bullion travels in the hold of scheduled freighters and passenger aircraft. Here is what happens between our vault door and the destination’s.
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Title3 min readSelling gold without moving it
When both buyer and seller use the same custodian, title can change while the bars stay exactly where they are. Here is how it works — and the paperwork both sides receive.
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Tax3 min readUK VAT and investment gold: what is exempt
Investment gold is exempt from VAT in the UK — but only if it meets the definition. Storage, transport and insurance are a separate question.
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Custody3 min readWhat a proper vault audit looks like
A statement is a claim. An audit is evidence. Here is what a meaningful audit of your holdings should test — and how to ask for one.
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Markets2 min readKilobars or 400-ounce bars?
The format you hold affects how easily you can sell, how much you pay to store and move it, and who will buy it. A practical comparison.
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Planning3 min readNext of kin and bullion: planning for the inevitable
Allocated gold is easy to own and surprisingly hard to inherit if nobody knows where it is. A few practical steps make it straightforward for the people you leave behind.
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