Silver Bullion in Singapore: In-person review of one of the largest private gold and silver vaults

Group 1: Gold Market Insights - Gold has reached new all-time highs, recorded at over $4,100 per ounce, driven by factors such as geopolitical tensions, central bank accumulation, and market sentiment [1][6] - Historically, a portfolio allocation of 5-15% in precious metals is considered reasonable, indicating a potential shift in investment strategies as Western investors rediscover gold [1] - The emerging markets show a strong preference for gold and silver, with many individuals opting to purchase these metals regularly regardless of price fluctuations [2] Group 2: Precious Metals Storage and Services - Silver Bullion Singapore offers remote buying and selling of gold and silver, with stocks audited by reputable firms, ensuring transparency and security for clients [3][12] - The facility boasts one of the highest capacity vaults for silver, capable of holding about 10,000 tons, which is approximately 30% of annual worldwide silver production [17][19] - Storage costs for precious metals are competitive, with annual fees starting at 35 basis points for gold and 70 basis points for silver, making it an attractive option compared to other markets [21][26] Group 3: Investment and Speculation - The company emphasizes the distinction between investing and speculating in gold and silver mining companies, highlighting the expected volatility in the market [5][6] - The S.T.A.R. Storage Program allows clients to buy and sell precious metals remotely, providing flexibility and ownership of the assets [23][28] - Premiums on physical gold and silver purchases vary, with typical premiums around 2% for gold and potentially higher for coins, indicating a market where premiums can significantly increase during crises [25][26] Group 4: Geopolitical and Economic Context - The geopolitical landscape, particularly the US-China relations, is influencing gold accumulation strategies, with China reducing its US dollar holdings and increasing gold reserves [70][72] - Singapore is positioned as a neutral and secure location for storing precious metals, with a strong defense budget and a reputation for stability, making it an attractive option for global investors [63][65] - The potential for a financial or currency war between the US and China could further elevate the role of gold as a trusted asset, with Singapore serving as a hub for such transactions [78][79]