I recently received notice from Peter Schiff’s Euro Pacific Bank about a new product launch: a 100% reserve silver bank account with an associated debit card. In a previous post, Business Idea: A Gold/Silver 100% Reserve Bank, I noted that Euro Pacific had created a 100% reserve gold bank account with a debit card. Now, we have a choice of precious metals to preserve our savings from the relentless debasement of paper currency.
The physical silver is held in pool allocated storage at the Perth Mint in Australia.
Unfortunately, as with the gold account, the new silver account is not open to US citizens.
I have requested more information and will post it if Euro Pacific permits.
Note the name on the card. (^_^)