Storage Facility
Global Gold Estates Storage
Global Gold Wholesale is pleased to offer our clients a robust storage solution for their precious metals at a location outside of North America. Strategic Wealth Preservation (SWP) is a Class 3 UL Rated Precious Metal Storage Facility located in the Cayman Islands. Our partnership with SWP allows for Global Gold Estates clients to choose to store their Gold & Silver at SWP Cayman either in their own name and deal with SWP directly, or to have Globalgoldestates act on your behalf and manage your assets for you.
Storage Fees
Bullion storage is offered to our clients free of charge for the first year after purchasing precious metals through Suisse Gold. Thereafter, allocated bullion storage is available at the following annual rates (billed monthly):
Gold / Platinum / Palladium: 0.5% (0.042% Per Month) of the total market value in storage.
Silver: 2% (0.166% Per Month) of the total market value in storage.
The storage fees accrue from the 366th day that items are held, at which point storage charges are billed monthly in advance. The minimum monthly storage fees are €25 (or currency equivalent) per storage account / username commencing on the 366th day.
The value of metals stored is calculated per the preceding month’s average price as published by the London Bullion Market Association (LBMA).
Bullion Allocation
Upon request, clients may receive the serial numbers for goods where applicable for a fee. This fee covers the time of the vault staff and administration costs of removing each item from storage, confirming its serial number and replacing it.
Storage is invoiced monthly. It is possible to place money on account to cover future storage charges.
Bullion Sale / Delivery from Storage
Clients may monitor, sell or request shipping of their holdings at any time through the ‘My Vault’ section of our site when logged into their account.
If a client selects delivery of items in storage, they will receive an invoice via email for the shipping fees. Upon receipt of payment, goods will then be dispatched to the client. Shipping of bullion is available to select countries, and may not be available to all locations. Please note that our standard shipping rates will apply.
If a client elects to sell some or all of their holdings, the funds will be credited to the client’s Suisse Gold account in the selected currency within 14 working days. For gold, silver, platinum and palladium that is stored with us, we offer a minimum of 90% of the underlying live market spot price (including vault movement fees). Clients may then elect to leave funds on account for future purchases or may request a wire transfer to a third party bank or financial institution. Wire transfers to a third party bank or financial institution will be made within 14 working days of the date of the request. For security reasons, the maximum amount that may be withdrawn from a Suisse Gold account is 50,000 Swiss Francs or currency equivalent per calendar month.
Silver: 2% (0.166% Per Month) of the total market value in storage.
The storage fees accrue from the 366th day that items are held, at which point storage charges are billed monthly in advance. The minimum monthly storage fees are €25 (or currency equivalent) per storage account / username commencing on the 366th day.
The value of metals stored is calculated per the preceding month’s average price as published by the London Bullion Market Association (LBMA).
Bullion Allocation
Upon request, clients may receive the serial numbers for goods where applicable for a fee. This fee covers the time of the vault staff and administration costs of removing each item from storage, confirming its serial number and replacing it.
Storage is invoiced monthly. It is possible to place money on account to cover future storage charges.
Bullion Sale / Delivery from Storage
Clients may monitor, sell or request shipping of their holdings at any time through the ‘My Vault’ section of our site when logged into their account.
If a client selects delivery of items in storage, they will receive an invoice via email for the shipping fees. Upon receipt of payment, goods will then be dispatched to the client. Shipping of bullion is available to select countries, and may not be available to all locations. Please note that our standard shipping rates will apply.
If a client elects to sell some or all of their holdings, the funds will be credited to the client’s Suisse Gold account in the selected currency within 14 working days. For gold, silver, platinum and palladium that is stored with us, we offer a minimum of 90% of the underlying live market spot price (including vault movement fees). Clients may then elect to leave funds on account for future purchases or may request a wire transfer to a third party bank or financial institution. Wire transfers to a third party bank or financial institution will be made within 14 working days of the date of the request. For security reasons, the maximum amount that may be withdrawn from a Suisse Gold account is 50,000 Swiss Francs or currency equivalent per calendar month.
Bullion Collection From Storage
Bullion collection is available upon request, subject to additional fees. Please note that our bullion collection service is unavailable during the periods highlighted below.
Appointments are available Monday – Friday during business hours, excluding public holidays.
Strategic Wealth Preservation (SWP)
Strategic Wealth Preservation (SWP) is a purpose built precious metals storage facility located in the Cayman Islands. Independently owned and privately operated, we are the best and closest offshore storage option for North American investors seeking to internationalize their hard assets.
When you store your precious metals with SWP, you can do so with complete peace-of-mind. Your investment is always 100% allocated, segregated and insured in an offshore investor friendly jurisdiction. Our UL rated Class III vault and state-of-the-art facility is second to none.
In choosing the Cayman Islands, you’re selecting the best possible jurisdiction in the Western Hemisphere in which to store your wealth. The Cayman Islands is the fifth largest financial center in the world. The financial industry is Cayman’s lifeblood and, as such, economic freedom is understood by both the government and its people to be essential for mutual prosperity. SWP does not have any wealth-reporting requirements to the Cayman or any foreign governments.
To learn more about SWP’s Cayman Islands storage facility, including rates and how Global Gold Estates can help you Buy and Store Precious Metals with SWP, please contact us at: