All our clients hold and store their precious metals in their own name (signature of a direct contract with the storage company, opening of a nominative storage account, issuance of a storage certificate specifying the identity of the client and the serial numbers of his products). There is therefore no intermediation between the client and his precious metals. This means that, even in the event of bankruptcy of truebullionholdings.com, your assets are protected, as they do not appear at any time on the balance sheet of our company nor of our storage partner.
The storage certificate in your name is an ownership title. This document proves that you are the legal owner of the precious metals.
Our storage partner is subject to Swiss regulations for secure storage. It is this company, independent from Truebullionholdings, which issues the storage certificates. Truebullionholdings does not directly issue the certificates. According to current Swiss legislation, a company can only issue a storage certificate if the quantities of gold or silver it indicates are physically present in the vaults.
When you hold gold through a bank or other service provider, and you do not have an ownership title mentioning your name and your bars’ serial numbers, it is important to ask yourself the following question: if a document does not clearly prove that I am the direct owner of my gold, on which company’s balance sheet does it appear? Who has real and legal possession of it?