I don't believe that is true. It is true that the government confiscated gold under FDR, forcing people to take paper in exchange, but today it is legal to possess gold and silver. When currency, gold or silver again becomes illegal to possess (and that day will come), a government agent will be present when you open your safe deposit box.
Current FDIC remarks to the public discourage keeping cash in a safe deposit box (not insured, no interest), but at least for now, it is legal for the public to possess currency.
No I am correct. I am a safety deposit box holder and was notified by my bank, that keeping anything but documents and I think jewelery in the box was illegal.
you can possess currency but not in SD boxes
“I don’t believe that is true”
It’s not true, and all the posts about Chase safe deposit letters, etc. are complete BS. I did multiple google searches about this issue and turned up the usual suspects, i.e., the nutter-right echo chamber sites like infowars.com, etc. Not a single even-close-to-credible site has posted about these supposed Chase letters. Not one.
Oh, and I’ve had a Chase safe deposit box for years [you know, for antique family photos and such] and have never received such a letter.