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  • I purchased silver to include in my IRA, seemed like a great idea at the time. Your metals must be stored in a secure location, enter Equity Trust Company. Worst mistake I have ever made. If you have hundreds of millions of dollars it may not matter but the fees are a large percentage of the value of the silver - even larger as the silver goes down in value as the fees stay the same. When you leave there's a liquidation fee of $40, a termination fee of $225, a wire fee of $30. And even when you leave at the start of the year, they still charge the storage fee and "maintenance" fee for the year, so another $230 down the drain. Their service is poor, and I've been on hold for 12 minutes and counting to find out why they took money out of my silver sale AND billed me for these fees. I paid them before getting the check - which was late, using my money for a couple of weeks there, so when the check finally arrived I was shocked and now have to ensure they refund the payment I sent. Keep your silver at home.
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