Trezor; How is it true cold storage if their is a recovery seed?

Trezor; How is it true cold storage if their is a recovery seed?

I don't understand how a Trezor is considered cold storage if you can lose it, and then recover your keys through their recovery seed and another Trezor.

Where are the keys coming from?

Where are they being stored?

http://ift.tt/2A1TjFn

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