If I owned gold, I wouldn’t store it at a bank. The point would be to have something in a crisis, and the last place I want to go in a crisis is to a bank where the bad guys know the money is.
Didn’t FDR order that saftey deposits be raided for gold?
Never put all your eggs in one basket. Anyone keeping all of their money in US dollars is a fool. Also, you can keep some gold here, just make sure it’s well buried, off your property and you can gt to it easily. If the SHTF I am going to assume the government is going to come after gold. Plan ahead.
I guess I’ll be sending out a few of my teeth out of the country in the near future. Better yet, why not reserve a place underneath a freeway bridge before it fills up.
Hide your gold AND silver to prevent the government from taking it again.
At some point food will be worth more than a boat load of gold no matter where you are storing it!
The best place to store gold is in a hidden bunker in your backyard, and tell no one except your immediate family where it is.
YOU CAN ALL KEEP IT AT MY HOUSE~!
(I wont tell anyone)
Of course, if you have foreign assets, and don’t check the box on your annual 1040, you are subjecting yourself to lawsuits and added taxes!
If you lock it up w your gun collection, you can ensure the price of it goes way up, before its confiscated.
(you and 5 infernal revenuers....)
He also implied assets should be distributed to many countries. Reading between the line, what in hell does that mean? War? Confiscation? Any guesses?
I have found this website to be a very useful source of information on the economy, gold, and silver.
http://goldismoney.info/forums/
As a practical matter we need only know where the gold is and it might as well be ours, or anybody else's if they can get there with sufficient force.
I'd put my bucks on tulip bulbs if we need to face world ending disruptions. You not only can eat them raw they have a very long shelf life. Their price zooms up into that of multi-carat diamonds under such conditions (1943 Zuider Zee and nearby flooded lands ~ they had a famine also).
Can US passport holders who do not have permission to work in Canada have bank acounts/safe deposit boxes?
I don’t think so.
What drivel!
During the Great Depression’s bank closures, many safety deposit boxes were looted while the banks were closed. If that happened in America, what do you think will happen elsewhere?
If you have physical gold store it in your safe and keep your safe cemented into the floor somewhere. Oh I forgot and keep a few (or a lot) of weapons to defend it.
BTTT