Aug 1, 2016
Andy Schectman of noted bullion dealer MilesFranklin joined us in Vancouver. He just developed a new storage option with Brinks Canada that is completely off the grid. It's a one key safe deposit box, unlike conventional boxes where the depositor gets a key and the bank has a key. Because Brinks is not a financial institution, you need not report the existence of the safe deposit box on your tax return. It's exempt from various laws such as FATCA. The box is physically located in the Brinks facility in Vancouver Canada, so it's an easy trip over the border. Something to consider.