As a general rule, I recommend you store your silver and gold nearby, where you can get to it 24 hours a day, seven days a week. However, for many reasons you may need to use a depository for storage.
Here are the depositories I have personally vetted, except for The Security Center New Orleans. That means I have either personally visited the facility or extensively researched it and its owners.
CNT and IDS of Delaware are both registered COMEX warehouses. If you have thousand ounce silver bars or kilo or 100 ounce gold bars, when you sell, you will realize your best price and lowest transaction cost if you have it stored in a registered COMEX warehouse. And yes, it is possible to buy in the United States but have the metal delivered to IDS of Canada.
The Security Center New Orleans is not a registered COMEX warehouse, but they offer personalized services.
CNT Depository
722 Bedford Street
Bridgewater, Massachusetts 02324-3102
Telephone: (508) 697-9600
Fax: (508) 697-5815
Email: cs@cntdep.com
Website: https://www.cnt.us/contact/
Note: Offers special price for Volunteer Precious Metals customers
Idaho Armored Vaults
2245 North Samantha Court
Nampa, Idaho 83687
Telephone: (208) 468-3600
Fax: (208) 468-3800
Email: bcoleman@goldsilvervault.com
Website: www.goldsilvervault.com
Note: Contact Bob Coleman at ext 1
IDS of Delaware
406 West Basin Road
New Castle, Delaware 19720
Telephone: (888) 322-6150 (toll-free)
Fax: (302) 322-6870
Email: info@IDS-Delaware.com
Website: https://internationaldepositoryservices.com/ids-group-locations/ids-of-delaware/
Note: Offers special price for Volunteer Precious Metals customers
IDS of Texas
11925 North Stemmons Freeway
Dallas, Texas 75234
Phone: (888) 322-6150 (toll-free)
Fax: (302) 322-6870
Email: info@IDSofTexas.com
Website: https://internationaldepositoryservices.com/ids-group-locations/ids-of-texas/
Note: Offers special price for Volunteer Precious Metals customers
IDS of Canada
3300 Caroga Drive
Mississauga, Ontario L4V 1L4
Telephone: (905) 362-2431 or (855) 362-2431 (toll-free)
Fax: (905) 362-2447
Email: Contact@IDSofCanada.com
Website: https://internationaldepositoryservices.com/ids-group-locations/ids-of-canada/
Note: Contact Robyn Sprott
The Security Center New Orleans
147 Carondelet Street
New Orleans, LA 70130
Telephone: (504) 522-SAFE (1254)
Fax: (504) 527-0594
Email: sales@securitycenter.com
Website: https://www.securitycenter.com/vault-storage
Note: Special services available (shipping and receiving packages for customers)
The Texas Bullion Depository
203 Heritage Grove Road
Leander, Texas 78641
Telephone: (844) 416-GOLD (4653); from outside U.S.: 1 + (412) 953-4660
Fax: (512) 375-4691
Email: https://texasbulliondepository.gov/contact
Website: https://texasbulliondepository.gov
Note: Agency of the state of Texas; the only state-administered vaulting facility in the U.S.
Continue to Part VIII: How Not to Lose Money on Silver and Gold