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When I started at Miles Franklin last year, I knew more about PMs than 99.9% of the world’s population.  However, I still had a lot to learn; and do so more each day.

For example, last year I had not even heard of “junk silver”; but now that I do, it has become my NUMBER ONE RECOMMENDATION – per my recent RANT, “MUST OWN JUNK SILVER.”

Additionally, I had not even heard of the concept of PRIVATE, INTERNATIONAL bullion storage.  That is, I was well aware that banks offered storage programs; as well as U.S. institutions such as the Delaware Depository and – of course – James Turk’s Goldmoney.  However, I’d rather be SLOWLY TORTURED than put my life’s savings in a U.S. institutions of ANY kind; much less an insolvent, thieving bank or a storage facility with a “GIANT X” on its back.

Finally, as much as I trust James Turk personally, the concept of owning fractional ownership of “digital gold” stored overseas – much of it in the financial world’s CRIMINAL capital of London – did not appeal to me either.  Frankly, I also view Goldmoney’s aim of becoming an “alternative currency” as putting an even larger “X” on its back.  Already Goldmoney has seen official pushback in the Netherlands, and the LAST thing I’d want is the custodian of my PMs under the shining spotlight of CRIMINAL governments…

Goldmoney.com is closing Dutch accounts – September 27, 2011

That is why I was excited to learn about Miles Franklin’s Canadian storage program (www.preciousmetalstorage.net), which launched coincident with my joining the firm last Fall…

Miles Franklin Precious Metal Storage

However, it wasn’t until I actually visited our Montreal facility last December, that I realized what a unique service we were offering…

CANADIAN BULLION STORAGE – THE SOUND OF SMART

Our Canadian program is operated by perhaps the oldest, most well-known security company on Earth – NOT A FINANCIAL INSTITUTION – to the point that its brand name has become as synonymous with security as Band-AidTM with adhesive bandages…

Fun with Words – Proprietary Eponyms

Since launching nearly a year ago, our Canadian storage program has amassed more than $40 million of bullion, from clients requiring safety and privacy OUTSIDE THE BANKING SYSTEM.

Moreover, our Montreal location provides easy access to one’s bullion – either via shipment to Canada or back to the U.S. – and an industry-leading cost structure.  That is, unlike essentially all competitors – which charge roughly 0.75% of bullion VALUE annually – we charge a FIXED RATE per ounce; at a relatively low rate.

Better yet, your segregated, insured – by Lloyd’s of London – bullion is AUDITED PERSONALLY BY MILES FRANKLIN OFFICERS EACH QUARTER.  Remember, there is no asset more important in the unregulated bullion industry than reputation; and thus, we take our responsibility as administrator of this program SERIOUSLY.  Not only that, but the firm’s founders and chief executives – David and Andy Schectman –hold significant amounts of their personal net worths there…

A Straight Forward Discussion About Gold Confiscation – David Schectman, Miles Franklin

As for third-party storage in general, I have made it quite clear that the most desirable situation is holding one’s bullion at home; or if not, in a safe, anonymous place only YOU and close loved ones are aware of – so long as you can properly safeguard it from burglary.

In fact, I’d venture that 98% of the world’s PM holders do so in this manner; although most own very small amounts.  In terms of PM value, however, that percentage is much smaller; perhaps as low as 30%.  That is, for those with large bullion holdings (particularly silver, which utilizes significant space); or those with mobility issues, or an inability to PROTECT their holdings; renters; expatriates; and high profile persons – third-party storage not only “makes sense,” but may be the only viable option.

Since learning of our Canadian storage program last Fall, I have continuously pondered the pros and cons of moving my bullion to Montreal.  As you may have guessed, I am particularly paranoid about my surroundings, and more bearish about the near-future than most.  Moreover, as a “high-profile person” in the PM industry, I must be particularly cautious, especially given my expectation of an imminent outbreak of political, economic, and social CHAOS– possibly as soon as 2013.

Following these deliberations, I made a MAJOR personal decision; i.e., the subject of the “IMPORTANT ANNOUNCEMENT” I am about to share.  That is, last week I shipped my entire PM holdings to our Canadian storage program.  At “MILES FRANKLIN, PROTECTION PROVIDER,” we not only seek the best ways to safeguard your family’s future – but “walk the walk” as well.

PROTECT YOURSELF, and do it NOW!

Call Miles Franklin at 800-822-8080, and talk to one of our brokers.  Through industry-leading customer service and competitive pricing, we aim to EARN your business.