Gregor next to the brand new Class 2 vaults
being assembled at The Reserve
Truly Secure Your Wealth
In 2008, when Lehman Brothers’s USD 35 trillion worth of derivative positions were defaulted upon, being twice the GDP of the United States, our global financial system was within hours of collapsing.
Ownership of physical precious metals, such as gold and silver, were one of the few real stores of wealth that did not depend on somebody’s solvency. People quickly bought them from every dealer or bank that still had stock, regardless of large premiums charged over the spot price.
During that tumultuous financial landscape, amidst the chaos and uncertainty brought on by the Global Financial Crisis, it became clear that owning physical precious metals in a safe jurisdiction was a necessity - setting the genesis of what would later become our company, Silver Bullion.
While the crisis was largely averted through massive bailouts in 2008, the unsustainable debt growth and societal division since then have fuelled political divisions and flamed civil unrest in many countries. Together with growing geopolitical tensions these trends are increasing the likelihood of systemic crises, which might be too big and contentious for bailouts.
Physical gold and silver have proven their worth in crises, are indestructible and have been intrinsically valuable for 5,000 years across nearly all human societies. When properly secured, they are an ideal wealth insurance as their value is intrinsic and not derived from working financial systems, counterparties or governments.
Investment grade precious metals have all the advantages of physical objects, allowing direct ownership, while providing the liquidity and pricing clarity typical of financial instruments.
We specialize in securing our clients’ assets for the very long term. Find out how we protect your Wealth.
By Gregor Gregersen
Founder of Silver Bullion & The Safe House
Singapore had no established liquidity provider for physical silver at the time, allowing Silver Bullion to become a pioneer in the local retail market. See Silver Bullion Retail Website
Silver Bullion’s initial S.T.A.R. Storage allowed for tax free storage and segregated parcel ownership but relied on third parties, resulting in sub-optimal insurance and foreign nationalization force majeure clauses. Learn about S.T.A.R.
Silver Bullion took control of vaulting operations via its subsidiary, The Safe House SG, thereby obtaining mysterious disappearance insurance and achieving exclusive Singapore jurisdiction for S.T.A.R. Storage. The Safe House Website
The platform enables collateral owners to easily obtain funds from lenders in a public bid/ask loan market. Over 884 million SGD and 20,486 loans have been processed. The Bullion genuinity guarantee also came into effect. Learn about Liquidity Loans
During the Covid pandemic we acquired a 180,000 sqft heavy logistic facility and shortly afterwards began extensive renovations to develop it into one of the world largest and most iconic vaulting facilities. Check progress videos/images
The LBMA advances standards for the global precious metals industry. We are the first ever entity out of Southeast Asia to join the prestigious LBMA. LBMA membership
The Safe House moved into its new vault facilities inside the first floor of The Reserve in July 2024. Additional floors became operational in the second half of 2024. The Reserve Website