Safe Deposit Boxes

This forum is for discussing hunting and collecting US and Canadian circulation Silver Bullion Coins, other types of minted bullion, and other types of precious and base metal investments other than Bullion Pennies and Nickels.

Please Note: These articles are to inform your thinking, not lead it. Only you can decide the best place for your money, and any decision you make will put your money at risk. Information or data included here may have already been overtaken by events – and must be verified elsewhere – should you choose to act on it.

Safe Deposit Boxes

Postby BamaJoe » Thu May 17, 2012 2:11 pm

I know the safety of SDB's have been discussed before, but I found this interesting. I'm not familiar with the site it comes from so how solid it is does comes up. Still, it's interesting. Lends credence to things I have discussed with bankers and a couple documents I've seen produced by banks themselves.

http://beforeitsnews.com/story/1962/814 ... Boxes.html
If you are waiting for the "correction" to buy you need to realize that the increasing prices ARE the correction.


$100 Silver soon coming to a location near you.
User avatar
BamaJoe
1000+ Penny Miser Member
 
Posts: 1577
Joined: Thu Apr 22, 2010 10:00 am
Location: Confederate States of America

Re: Safe Deposit Boxes

Postby aaa30040 » Thu May 17, 2012 2:20 pm

Where do you keep your stash? With the rash of home invasion robberies, is home better?

Do you spread around in multiple banks, bury in the yard, other?
buying wheat pennies at $0.03 delivered - send me a note if you are selling
buying copper pennies at $0.014 delivered - send me a note if you are selling
aaa30040
Penny Pincher Member
 
Posts: 136
Joined: Tue Apr 12, 2011 5:42 pm

Re: Safe Deposit Boxes

Postby madman326 » Thu May 17, 2012 3:08 pm

if one tenth of that guys story is true, we are all screwed and no amount of gold or silver will save us!
madman326
Penny Collector Member
 
Posts: 266
Joined: Tue Jan 10, 2012 6:53 pm

Re: Safe Deposit Boxes

Postby Shifty51 » Thu May 17, 2012 4:45 pm

If you can't stand in front of it with an assualt rifle and defend it, then you don't really own it...That includes anything in a safe deposit box. Keep it at home, hold off on buying PM's for a month or two, or three or four and use that money to invest in a really heavy safe that is UL rated for both fire and burglary. After that buy the following in this order. 1) assault rifle and ammo 2) an alarm system 3) a really good watchdog...burying some on your property and even family property would be worthwhile in my opinion too. I haven't figured out the best way to do that yet though. Whatever you do don't keep it all in one place!!!
He who does not respect the penny is not worthy of the dollar
User avatar
Shifty51
Penny Sorter Member
 
Posts: 95
Joined: Mon Dec 05, 2011 10:42 am

Re: Safe Deposit Boxes

Postby IdahoCopper » Thu May 17, 2012 5:08 pm

BamaJoe wrote:http://beforeitsnews.com/story/1962/814/Banks_Notified_By_DHS_Of_Unannounced_Warrantless_Looting_Of_Personal_Accounts_Or_Safe_Deposit_Boxes.html


One more reason to keep the passport current (and at home) and invest in the 40-foot sailboat with the Ag keel.

The 35-footer I used to own has a 3 ton cast iron keel .........
- - - -
User avatar
IdahoCopper
Post Hoarder
 
Posts: 2351
Joined: Sat Jan 16, 2010 3:00 pm

Re: Safe Deposit Boxes

Postby JadeDragon » Thu May 17, 2012 5:48 pm

The Department of Homeland Security watches one bank I use sometimes (where there are no PMs) very closely. It's about 2 blocks from the border.
The reasonable man adapts himself to the world; the unreasonable one persists in trying to adapt the world to himself. Therefore all progress depends on the unreasonable man.” – George Bernard Shaw.
User avatar
JadeDragon
Realcent Moderator
 
Posts: 5434
Joined: Mon May 19, 2008 3:00 pm
Location: Canada


Return to Silver Bullion, Gold, & other Bullion Metals

Who is online

Users browsing this forum: No registered users and 19 guests