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To: SeekAndFind

If I was planning on buying gold (which I am not) where should I keep it? Planted in my garden?


5 posted on 01/30/2011 8:52:47 AM PST by Ditter
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To: Ditter
Ditter wrote:
If I was planning on buying gold (which I am not) where should I keep it? Planted in my garden?
Hypothetically, all of your precious metals except silver could go in the same storage safe. Gold, lead, brass, etc. All in the gun safe.

Silver needs to be kept elsewhere. Silver + sulfur = tarnish and corrosion damage.

Not saying that I would actually own any silver, gold, lead, brass or guns.

6 posted on 01/30/2011 8:59:24 AM PST by cc2k (If having an "R" makes you conservative, does walking into a barn make you a horse?)
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To: Ditter

Preferably in the back of a well secured gun safe.

Ever try to access your safe deposit box after the bank has been closed?


14 posted on 01/30/2011 10:31:06 AM PST by G Larry
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To: Ditter

If I was planning on buying gold (which I am not) where should I keep it? Planted in my garden?


If you’re afraid of government confiscation, don’t put it in a bank safety deposit box.

If you’re afraid of fraud in the markets, don’t put it in a ETF (paper gold).

If you are afraid of well-informed home invaders, don’t put it in your gun safe.

If you are afraid of dying and not having your heirs receive it, don’t stash it in secret hiding places.

If you are afraid of societal collapse, don’t keep it with a trusted private custodian.

The answer is that you need to address your own fears, and strongly consider diversifying. Perhaps some in the gunsafe (enough to satisfy the invaders when they put a gun against your wife’s head), some stashes in secret spots in your house (there are books about this, and be sure a trusted person like the lawyer who has your will has a sealed envelope with the locations noted), some in your bank box, some with a trusted custodian.


21 posted on 02/01/2011 8:43:36 AM PST by Atlas Sneezed ("If you touch my junk, I'm gonna have you arrested.")
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