Under current exchange practices, these storage facilities are largely confined to the Greater New York City area, creating what lawmakers and industry participants describe as a concentration risk with negative implications for market stability, national security, liquidity, and investor access.<\/p>\n
\u201cI\u2019m proud to introduce The SILVER Act, which requires the approval of at least two depositories in the Eastern, Central, Mountain, and Pacific time zones, strengthening system integrity and resiliency.\u201d<\/strong><\/em><\/p>\n https:\/\/www.moneymetals.com\/news\/2026\/03\/19\/lawmakers-introduce-silver-act-to-de-risk-us-precious-metals-market-infrastructure-004776<\/a><\/p>\n <\/p>\n Sounds like a simple business decision versus requiring an Act of Congress…….<\/strong><\/em><\/p>\n","protected":false},"excerpt":{"rendered":" Two members of Congress have introduced the \u201cSystem Integrity through Licensed Vault Expansion and Resilience Act\u201d (SILVER Act), a measure aimed at modernizing the nation\u2019s precious metals storage framework and reducing systemic risks within U.S. financial markets. Seeks to address … Continue reading