Why?

Question to people who store Bullion in "safe deposit boxes" why? Knowing that they are not FDIC insured and the fact that they susceptible to seizure and you actually do not own it anymore?

So for those who do so I would like an answer, just out of curiosity.

 

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It's called insurance, got mine with Hugh Woods.

 

I wish everything was 100% sure but nothing is. So any option is not a safe option, I guess everyone should go with what they feel is the safest for them.

 

Huh?

 

Youse a troll!

 

They can make PMs illegal and the banks will be one of the first targets.

 

....did you have an answer for Profitman?

 

.. 401 k(s) and other retirement plans are gone, and so is your silver or gold if you don't physically own it.

 

are you a dooms day prepper ? I think we have at least 40-50 years left before the end is near.

 

So is it much safer to keep it under your mattress and sit out on the front porch with a shotgun all day and night?
I'll take my chance with a bank safety deposit box.

 

most people store their metals at their homes...not banks

 

banks are still safe.

 

He probably wants everyone to cash in their PM's at the pawn shop where he is employed so he can accumulate another $10K worth of silver in 3 months time.

Chris

 

Lets go out & build a fallout shelter....

 

Either that or start a campaign requiring every new home to have a vault with a 4-ton door.

Chris

 

I dug little holes all over the yard and put a little in each hole.
I had a map but the dog ate it. Now he keeps digging holes in the yard.
You just can't trust anyone anymore.

 

Squirrels are the enemy!

 

That'll learn ya, durn ya! Next time put a sign at each dig site......"Coins here!"

Chris

 

I like them because that way crack heads don't break into my house. It's a real possibility where I live, and this way it's locked up where I can still get to it. Who knows what will happen?