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<p>[QUOTE="Good Cents, post: 3596668, member: 100720"]I just came across this thread and tried to click on the link above but it didn't go to any article. If you happen to have another link to the article you referenced, or any other links, if you can please post them it would be appreciated.</p><p><br /></p><p>In terms of trusting the system, I think that we would have ample warning before a run on the banks or a personal bankruptcy and can take what we have out of a Safe Deposit Box then and bury it in the backyard, under the mattress, etc. In terms of death, make sure your heirs know where you hold a Safe Deposit Box. Trust me, unless they are extremely wealthy, THEY will remember this information even if YOU forget LOL! If you trust any of your heirs, ask them to be a joint owner with you on your box in case you can't access it. If you are convicted of a crime, financial or otherwise, you still have time to access and remove the valuable contents of your box before the government freezes your assets. Don't you need to be found or to plead "Guilty" before they can take everything from you? In the interim you can empty it out. Or is there something I'm missing here? </p><p><br /></p><p>As far as I can see, the biggest risk to a safe deposit box is a natural disaster. But even so, there are not many that would ruin the face value of gold. Those that would are limited to magma from a volcano, the entire bank being swallowed up by the Earth or falling into the ocean in an earthquake, maybe the great wildfires of late or historic fires (can they can melt a bank's entire safe and its contents?). </p><p><br /></p><p>Of course looters who dare to venture into the ruins of disasters with adequate machinery can saw into the safes, but the chances of all of this are slim to none. We all watch too many movies or TV shows where cool thieves have all the right tools, the right expertise, the right environments and the right odds to do looting successfully and gainfully. In reality most looters of disaster areas are desperate fools who risk their lives for little to no gain. If they are caught they are shamed to an extreme as they should be for showing up not to help those effected, but to steal from those who lost almost everything.[/QUOTE]</p><p><br /></p>
[QUOTE="Good Cents, post: 3596668, member: 100720"]I just came across this thread and tried to click on the link above but it didn't go to any article. If you happen to have another link to the article you referenced, or any other links, if you can please post them it would be appreciated. In terms of trusting the system, I think that we would have ample warning before a run on the banks or a personal bankruptcy and can take what we have out of a Safe Deposit Box then and bury it in the backyard, under the mattress, etc. In terms of death, make sure your heirs know where you hold a Safe Deposit Box. Trust me, unless they are extremely wealthy, THEY will remember this information even if YOU forget LOL! If you trust any of your heirs, ask them to be a joint owner with you on your box in case you can't access it. If you are convicted of a crime, financial or otherwise, you still have time to access and remove the valuable contents of your box before the government freezes your assets. Don't you need to be found or to plead "Guilty" before they can take everything from you? In the interim you can empty it out. Or is there something I'm missing here? As far as I can see, the biggest risk to a safe deposit box is a natural disaster. But even so, there are not many that would ruin the face value of gold. Those that would are limited to magma from a volcano, the entire bank being swallowed up by the Earth or falling into the ocean in an earthquake, maybe the great wildfires of late or historic fires (can they can melt a bank's entire safe and its contents?). Of course looters who dare to venture into the ruins of disasters with adequate machinery can saw into the safes, but the chances of all of this are slim to none. We all watch too many movies or TV shows where cool thieves have all the right tools, the right expertise, the right environments and the right odds to do looting successfully and gainfully. In reality most looters of disaster areas are desperate fools who risk their lives for little to no gain. If they are caught they are shamed to an extreme as they should be for showing up not to help those effected, but to steal from those who lost almost everything.[/QUOTE]
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