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.
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by 68Camaro » Tue May 10, 2011 7:12 pm
Just *one* pint?....
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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68Camaro
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by 68Camaro » Tue May 10, 2011 7:13 pm
Morsecode wrote:hejira11 wrote:All of my Silver is safe in SLV shares.
Yes, that's what I meant to say.
I have pretend PSLV shares, not real ones. Isn't that what the P stands for?
In the game of Woke, the goal posts can be moved at any moment, the penalties will apply retroactively and claims of fairness will always lose out to the perpetual right to claim offense.... Bret Stephens
The further a society drifts from the truth, the more it will hate those that speak it. George Orwell.
We can ignore reality, but we cannot ignore the consequences of ignoring reality. Ayn Rand.
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68Camaro
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by 999Ni » Tue May 10, 2011 8:24 pm
Guys, never use one of those little safes that a thief can just walk away with. Make sure its massive or bolted down.
And I would never trust a bank to store my bullion...Confiscation could be a possibility or am I just paranoid?
Ron Paul 2012!
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999Ni
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by BOHICA » Tue May 10, 2011 9:25 pm
999Ni wrote:Guys, never use one of those little safes that a thief can just walk away with. Make sure its massive or bolted down.
And I would never trust a bank to store my bullion...Confiscation could be a possibility or am I just paranoid?
Empty, mine weighs over 1,700 lbs. Full, it has to be closer to 3,000.
I also went overboard with giant lag bolts set into the concrete floor.
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BOHICA
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by NickelExpress » Tue May 10, 2011 11:01 pm
BOHICA wrote:999Ni wrote:Guys, never use one of those little safes that a thief can just walk away with. Make sure its massive or bolted down.
And I would never trust a bank to store my bullion...Confiscation could be a possibility or am I just paranoid?
Empty, mine weighs over 1,700 lbs. Full, it has to be closer to 3,000.
I also went overboard with giant lag bolts set into the concrete floor.
No such thing as overboard when it comes to the protection of your property of yourself. At 1700 pounds I would guess its not a costco\sam's club special..Its hopefully a real safe, not just a conversation piece. There are quite a few videos around of safe testing around, its pretty scary how easy it is to get into what 95 percent of the population would consider a secure safe.
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NickelExpress
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by gettin copper » Wed May 11, 2011 3:57 am
lol at the guys who think a 3,000 pound safe bolted to the basement floor in 2 feet of concrete in plain view is a good idea. The old saying" don't hide all your eggs in one basket" really comes into play when hoarding pm's.
If I robb your house and see that safe, im instantly gonna:
A. back out of the property if I can go un-noticed and game plan how I can get into that safe.
b. If I alreadly tore up the house, now a confrontation is a must. Now I'm forced to wait till u come home and threaten to shoot your wife or kids, untill u crack the safe all because you went through the effort of trying to protect your valuables in a huge safe. Bigger the safe, bigger the risk if anyone see's it.
The only advantage a big visable safe can provide is a decoy. Leave it cracked open with 5% of your hoard, and hide the rest like smart people
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gettin copper
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by gettin copper » Wed May 11, 2011 3:58 am
999Ni wrote:Guys, never use one of those little safes that a thief can just walk away with. Make sure its massive or bolted down.
And I would never trust a bank to store my bullion...Confiscation could be a possibility or am I just paranoid?
-1 on first sentence
+1 on second
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gettin copper
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by Gamecock » Fri May 13, 2011 6:42 am
is it important to protect your stash from fire?
"When a government overvalues one type of money and undervalues another, the undervalued money will leave the country or disappear from circulation into hoards, while the overvalued money will flood into circulation."
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Gamecock
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by Mossy » Fri May 13, 2011 9:04 am
Gamecock wrote:is it important to protect your stash from fire?
Gold and silver both have low melting points, well below the temperature of a house fire. Both /could/ be salvaged as puddle melts (if you could find the puddles), but they would need to be sent to a refiner to purify, and that costs money. I don't think I'd want the extra expense while finding a new home.
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