Articles And Interviews

Interview with Notable hedge fund manager Erik Townsend on Macrovoices spotlight

Erik Townsend welcomes Bob Coleman to MacroVoices Spotlight. Erik and Bob discuss:

  • Most vaulting services for precious metals are owned and operated by banks or precious metals dealers! Conflicts of interest abound

  • When investor Bob Coleman couldn’t find a private vaulting facility that met his standards of independence, he started his own

  • Allocated, Unallocated and Segregated Storage: Understanding what the bullion banks are selling and where the pitfalls are

  • Private vaulting facilities are not required to collect tax ID numbers (bullion banks are)

  • Insurance and force majeure risks in precious metals storage

  • Getting your metals OUT of the vault when you want them, and what can and has gone wrong with bullion banks

Download the full episode here as an MP3 file


We strongly recommend that you download the chart book that accompanies this episode, as Erik and Bob will refer to it throughout the interview. If you are already registered at, just login and the download link will appear here once you're logged in. If you haven’t already registered, click the red “Subscribe for FREE” button on the top right side of the home page, and register. Once logged in, you will see the download link(s) and will be able to download the PDF document(s).

Supporting Materials for Download

Idaho Armored Vaults slide deck 

Bob Coleman Interviewed by David Morgan on “The Morgan Report.”

GOLD SILVER VAULT & IDAHO ARMORED VAULTS | Until now many investors simply stored their assets at home, in bank safe deposit boxes, or other uninsured facilities. What these methods of storage had in common was the fact there is no insurance against theft, fire, or other risks.