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Kristos Trading Brinks Vault Storage
Brinks Vault Storage
Kristos Trading is pleased to offer what we believe is the premium level of security in precious metals storage. We have arranged for our clients who purchase precious metals from us to have their metals stored in "segregated vault storage" at the Brink's depository in Salt Lake City, Utah. As you are probably aware, Brink's has an international reputation par excellence in the security industry. Brink's protects the transfer, on a daily basis, of hundreds of millions of dollars in various world currencies.

There are several very important advantages to having your precious metals stored at Brink's as opposed to your local bank safety deposit box or a non-segregated storage facility.
  • No bank will ever inventory what you place in your safety deposit box whereas Brink's counts your metals not once, but twice, under the watchful eye of video surveillance, upon their initial intake of your metals. After your metals are counted, they are tagged with your name, account number, a content delineation, and placed into a sealed container prior to storage in the vault. After this process is completed, a certificate of storage is mailed to the owner itemizing the metals by type and quantity.

  • No bank in the United States will offer any insurance on the contents of your safety deposit box. In the case of theft or bank embezzlement, the depositor has little or no recourse. Brink's, on the other hand, insures one hundred percent of the current value of all vault deposits.

  • Banks offer limited access to your safety deposit box, being closed on weekends and all holidays. However, Brink's Vault Storage is open 364 days a year; it is only closed on Christmas Day. You, as the client, have the right, if you choose, to personally come to the vault to inspect and/or withdraw any portion of your deposit any day but Christmas. You also may request to have your metals shipped to you at any time by making a direct request to Brink's.

  • There are various precious metals dealer who offer "storage" for the purchases of their clients. Nevertheless, in most cases, your purchase is not truly "segregated"; rather, it is mixed in with a large pool of bars or coins, a percentage of which belongs to you. These storage arrangements are not really segregated but are fungible (mixed). By contrast, in a Kristos Trading - Brink's Client Account, the exact metals that you purchase and deposit are yours alone and can be claimed at any time, even decades later.

  • Because of a litany of legislation involving Homeland Security, FEMA, the Patriot Act, and a host of Presidential Directives going back to the 1970s, all bank safety deposit boxes fall under the auspices of US banking system regulations. Included in these regulations is the authority of the federal government, under numerous categories of declared emergencies, to shut down the banking system and prohibit all withdrawals of bank funds as well as seize the contents of all safety deposit boxes in all banks in the United States. By comparison, Brink's is not a part of the US banking system and does not fall under the same jurisdiction and laws that pertain to US banks. During the week of 9/11, some personal checking accounts were frozen or had withdrawals limited. In addition, all stock trading accounts were in limbo, as ll equities trading were temporarily suspended. Nevertheless, Brink's storage was not affected and their clients had direct access to their deposits.

We at Kristos Trading feel very privileged to share a contractual relationship with Brink's Vaulted Storage. We believe it to be one of the safest and most secure ways to store your valued precious metals purchases. Please feel free to call us with any questions regarding secured storage.

CURRENT SEGREGATED STORAGE FEES AND WITHDRAWAL CHARGES
SILVER PRODUCTS

100 Oz Silver Bar

10 Oz Silver Bar

1 Oz Silver Round

US Silver Eagle

Canadian Maple Leaf
STORAGE FEES

$0.357 per bar per day

$0.001782 per bar per day

$0.24 per 500 oz box per day

$0.24 per 500 oz box per day

$0.24 per 500 oz box per day
WITHDRAWAL CHARGES

$1.50 per bar

$1.50 per bar

$15.00 per 500 oz box

$15.00 per container

$15.00 per container
GOLD PRODUCTS

1 Kilo Johnson Matthey
Gold Bar (32.15 oz)

10 Oz Gold Bar

US Gold Eagle

Canadian Maple Leaf

South African Krugerrand

Austrian Philharmonic
STORAGE FEES


$0.0713 per bar per day

$0.0416 per bar per day

$0.5345 per 500 oz per day

$0.5345 per 500 oz per day

$0.5345 per 500 oz per day

$0.5345 per 500 oz per day
WITHDRAWAL CHARGES


$3.00 per bar

$3.00 per bar

$15.00 per 500 oz box

$15.00 per 500 oz box

$15.00 per 500 oz box

$15.00 per 500 oz box
SILVER MINIMUM MONTHLY STORAGE FEES

0 to 10,000 ounces

10,001 to 20,000 ounces

20,001 to 40,000 ounces

40,001 to 50,000 ounces

$25.00/month

$50.00/month

$75.00/month

$100.00/month
GOLD MINIMUM MONTHLY STORAGE FEE

$15.00 per month minimum per category until quantity exceeds $15.00 per month based on storage rates.

 
 

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