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<p>[QUOTE=&quot;Juan Blanco, post: 1593377, member: 41665&quot;]I think <i>bullionists </i>are hoarders by nature; I think hoarders don&#039;t like to share and (frequently) don&#039;t trust banks or custodians generally either.</p><p>The <i>bullionists </i>who get wiped out in any natural disaster are apt to have &#039;lost it all&#039; because they are NOT insured for home-bullion storage. </p><p><br /></p><p>I had a concerned client in NYC and after looking at her policy, strongly advised she get a safe-deposit box. She did, but wasn&#039;t from Breezy Point either. I just read this: &quot;<b>approximately 70 percent of New Yorkers in flood zones do not have flood insurance in place, putting their claims – even their wind and fire claims – at risk</b>, according to the statement from the {Consumer Federation of America}.&quot; </p><p><br /></p><p>I&#039;d agree with Cloudsweeper99 : many who held assets in the flood-zone are wiped out! Most Breezy Pointers were overpaid city workers, their pensions are the next thing to take a big hit (circa 2014-7.)&nbsp; With what assets will they rebuild their home-retained assets in coming years? </p><p><br /></p><p>Hurricane Sandy was the best advertisement for vault-secure PM custodians that a coastal doomer could imagine, realistically. Forget the zombie apocalypse: the devastating storm surge is now a twice-proven reality.&nbsp; A provident hoarder doen&#039;t keep his/her stash in what amounts to a <i>beach cottage</i>, anyway.[/QUOTE]</p><p><br /></p>

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