If I fund my soundmoney® wallet by sending in gold or silver American Eagles and later request my metal balance to be sent back to me, will I receive the same metal?
Most likely not. Your metal would be placed in a non-segregated vault, and if you requested the metal again, you would receive Eagles but are not guaranteed the same year that you sent.Few readersIs there a limit on how much metal I can store in the vault?
There are currently no limits on how much metal you can store in the vault. Storage for gold and silver is free up to an asset value of $50,000. If you store over $50,000, members pay a total of 0.3% annually of the asset value overage.Few readersDoes soundmoney® keep enough physical metal on hand to send me my silver or
Yep! We take regulations and your trust very seriously. Through 3rd party audits and company policies in place, we are required to have sufficient physical gold and silver on-hand to cover any transactions placed.Few readersDo I own my metal, and do you store it?
The metal you purchase is yours free and clear. It is held in the vault until you take physical possession of it or liquidate it back to cash.Few readersWhat type of security protects my assets?
When it comes to your most valuable possessions, you can't afford to take any chances. That's why our secure storage services offer a comprehensive approach to protection, including 24/7 surveillance, biometric access, and more. Rest easy knowing your assets are in good hands.Few readersHow is my metal protected?
The metal on your ledger is stored in class 3 private vaults which are insured and have weekly 3rd party audits to ensure your holdings are present and safe.Few readersAre there storage fees?
Not until you have a combined asset value of more than $50,000. After that, the fees are the industry's best at 0.5% of the asset value over $50,000. Besides, you get the advantages of private vaulting, and you don’t have to spend thousands on a safe or buy insurance to protect your metals!Few readers