Independent external audits
Adding a further layer of security, one of three main accountant companies will do an Independent periodical audit verifying the presence of GoldRepublic’s precious metal reserves. The periodical audit consists of all activity related to the addition and removal of gold and silver from the vault as well as the database. By examining the vault reports and the database logs, the auditor can confirm that there has at all times been a one-to-one ratio between the weight of metal in the vaults and the quantity of metal recorded in the database over the course of the reporting period.
