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<p>[QUOTE="medoraman, post: 2000477, member: 26302"]Josh, just letting you know, I have never read about a sdb being robbed. Maybe it has happened, but it would be extremely rare. Now, every day I read about people's gold jewelry being robbed in a burglary, coins being stolen in the house, etc. I looked at this long and hard a few years ago and went the sdb route. A safe, properly bolted to the floor, with walls around it preventing access to the door jam, is a good fallback position IMHO. </p><p><br /></p><p>However, I 100% agree with Doug44 regarding third parties. I have been around pm for quite a while now, (maybe not as long as some, but longer than most), and it seems every year there is a story of a pm firm screwing their customers by selling off customer pm to finance a lavish lifestlye. IDK why pm attracts swindlers and thieves, but it does, and it always has, and probably always will. I would never, ever trust a firm to store my pm unless it was a CME bonded warehouse. To send money into a pm firm with their promise that they will buy it and keep it for me is pretty darn close to flsuhing the $100 down the toilet IMHO. If I am going to buy physical pm, I will take possession of it, and put it in my sdb. To me, that is the safest route all around.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 2000477, member: 26302"]Josh, just letting you know, I have never read about a sdb being robbed. Maybe it has happened, but it would be extremely rare. Now, every day I read about people's gold jewelry being robbed in a burglary, coins being stolen in the house, etc. I looked at this long and hard a few years ago and went the sdb route. A safe, properly bolted to the floor, with walls around it preventing access to the door jam, is a good fallback position IMHO. However, I 100% agree with Doug44 regarding third parties. I have been around pm for quite a while now, (maybe not as long as some, but longer than most), and it seems every year there is a story of a pm firm screwing their customers by selling off customer pm to finance a lavish lifestlye. IDK why pm attracts swindlers and thieves, but it does, and it always has, and probably always will. I would never, ever trust a firm to store my pm unless it was a CME bonded warehouse. To send money into a pm firm with their promise that they will buy it and keep it for me is pretty darn close to flsuhing the $100 down the toilet IMHO. If I am going to buy physical pm, I will take possession of it, and put it in my sdb. To me, that is the safest route all around.[/QUOTE]
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