Where Will the Ultra Rich Go in Hopes Their Gold Will Save Them?

 The Bible says that their gold and silver won’t save them from God’s wrath.  But most of the ultra rich don’t read their Bibles so have no clue what’s happening in the world.  They just understand that they may need a bunker in a few countries and maybe a few private jets or helicopters to get them away from the common folks.  They also understand they will need some gold to trade for a new currency if the paper money on earth goes to zero.  But where do you store all your gold?  And where do you dig your bunker?

One answer is Singapore.

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The ultra-wealthy are increasingly moving their gold offshore as economic and geopolitical uncertainty roils markets — and Singapore is emerging as a favored destination.

Not far from the city-state’s airport sits a six-story facility covered in onyx and fortified by tight security. Tucked behind its steel doors are gold and silver bars amounting to about $1.5 billion.

Known as “The Reserve,” the storage facility features scores of private vaults and a towering storage chamber lined with thousands of safe deposit boxes reaching three stories high.

From the start of the year to April, the precious metals repository has received an 88% increase in orders to store gold and silver in the vault from the same period in 2024, said its founder, Gregor Gregersen. The Reserve, which also sells gold and silver bars, saw sales for precious metals bars skyrocket 200% year on year in that time, data provided by The Reserve showed.

A growing sense of unease is driving the surge, according to industry watchers.

“A lot of very high net worth clients are looking at tariffs, looking at the world changing, looking at the potential of geopolitical instabilities,” Gregersen told CNBC. 

“The idea of putting physical metal in a safe jurisdiction like Singapore with parties they can trust is becoming a big trend nowadays,” he said, adding that 90% of the new orders are coming from outside of Singapore.

https://www.cnbc.com/2025/05/27/the-ultra-rich-are-moving-gold-to-singapore-as-global-risks-mount.html