Hard Assets Alliance agreement between HAA, GBI & vaulting partners
info [email protected]
I am member of Peak Prosperity.
Chris Martenson recommends using Hard Assets Alliance for the purpose of purchasing precious metals. I am trying to obtain information about the three-way agreement between HAA, GBI and the vaulting partners if they were to go out of business, HAA is not willing to share this information. I would like to know the terms of the agreement in order to understand what my risks are. I do not believe that this is an unreasonable request
Since Peak Prosperity recommends using this HAA, can they help subscribers get this information or comment about the question I have asked?
Peak Prosperity member
Andrea (Hard Assets Alliance Customer Support)
Sep 24, 2:34 PM MST
Thank you for your email. Unfortunately that is not something our legal team is willing to expose to our clients at this time. Is there something you were trying to accomplish with this information?
If we can assist you further, please reply to this email or give us a call and a Customer Support Representative will be happy to help you.
Toll Free US and Canada 877-727-7387
For International Callers 602-626-3022
Monday-Friday 7:00am-4:00pm (Arizona Time zone)
Hard Assets Alliance Customer Support
To: support <[email protected]>
Sent: Mon, Sep 23, 2019 3:59 pm
The question below is from your web page.
I would like to read the the three-way agreement between HAA, GBI and your vaulting partners. How can I get a copy of this agreement?
What happens to my account if HAA were to go out of business?
HAA is a financially secure, stable business. However, we believe our customers deserve additional assurance that their assets are safe and secure, so we have entered into a three-way agreement between HAA, GBI, and each of our vaulting partners (Malca Amit, Brinks, and Loomis). These specify that the metal held in HAA’s account at each vault location is owned solely by HAA’s customers and is stored for the customers’ benefit.
Should either HAA or GBI become insolvent or otherwise be unable to perform its business duties, the surviving entity shall step in and assume the other party’s responsibilities with respect to customer metal. The vaulting partners understand and have agreed to take direction from the surviving entity, which will direct the vault according to each customer’s instructions.