TOCQUEVILLE BULLION RESERVE (TBR) is an institutional private vehicle that holds physical gold across diversified jurisdictions without dependence on financial counterparties or the capital markets. TBR was created for institutions and sophisticated accredited investors who demand transparency, accountability, strong property rights and personalized service. Our unique approach ensures integrity, security, compliance, daily liquidity and global deliverability of physical gold.

TBR limited partners and shareholders include institutions, family offices, high net worth individuals and some of the largest gold mining companies. 


Why Now?

“.....there are always the few who observe, reason, and take precautions, and thus escape the flood. For these few gold has been the asset of last resort.”

- Antony C. Sutton

Why Gold?

“If the dollar or any other fiat currency were universally acceptable at all times, central banks would see no need to hold gold. The fact that they do indicates that such currencies are not a universal substitute.”

- Alan Greenspan

Why TBR?

Integrity, professionalism and a proven record of executing contrarian strategies.  

Our motto: “...skate to where the puck is going to be, not where it has been.”

- Wayne Gretzky

Neither the information, nor any opinion contained in this message constitutes a solicitation or offer by TERA Management and/or Tocqueville Bullion Reserve L.P. or any affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service. Any data included in this communication is obtained from sources believed to be reliable but cannot be guaranteed by TERA Management and/or Tocqueville Bullion Reserve L.P. Any opinions expressed herein are those of the TERA Management and/or Tocqueville Bullion Reserve L.P. and cannot be solely relied upon as representations.

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