Where do you keep your Gold Bullion in case of an extreme emergency?

Well we didn't go to the moon to beat the Russians, in reality the government predicted that I'd want a stash of stuff up there so they took the initiative to make it happen decades before my birth and people say they're always up to no good.

 

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A false wall can be a bookshelf or whatever. But works best if it's invisible. If you shorten the end of a drywall closet, don't use paneling. Make it look like it belongs there. But a false bottom in a junk drawer is really easy by laying 1/8" veneer spacing it with 1/8" strips. Coins between. And the drawer is always a bit heavy anyway. Out of sight, out of mind. Secrecy is the key for sure.

 

What can be more invisible than a wall that looks like it's been there since the house was built? A properly built wall will only be a total of 4" deep. Who's going to miss 4" in a large room? Just make sure that you cover all electrical boxes behind your "new" wall with the proper plates.

 

What I mean is that it's sometimes difficult to get the edges and corners where they don't show. Especially problematic can be at the floor. What I have seen that does the trick is a set of book shelves with the back of them being the outside face of the storage. A couple of screws and the unit lifted out, exposing a hidden space. The corners were all hidden by the shelving and trim pieces. It was absolutely undetectable.

 

Listen up. You are all bonkers who are stating, in an open forum, where you keep your most treasured, lifelong stores of value. First, the Patriot Act has been used thousands of times, with only a handfull of arrests. So what are sneek and peek searches really being used for? Why to locate and steal your coins and property. Second, criminals with even limited tech prowess can sniff your IP and find your address. Folks who posted here in earnest: take your stuff to a safe deposit box, tomorrow. And I cannot imagine a more unfathomably stupid question to ask of coin community board members "Dude, wheres your stuff, man? Really, check your head.

I keep my coins displayed prominently in my front window, for easier access. I also do not lock my doors, ever. Geez louise.

 

Sounds like a winner to me.

 

hide it under the beautiful flower arrangement that arrays your kitchen table. scratch that.
no burying it in the ground cause the dog will dig it up. try a bank box. but if there is a run on the bank that would be no good.

 

I once knew someone who kept his gold coins in a cast iron pipe that with caps screwed on each end and the pipe was then sunk into the septic tank. Not many thieves go looking in such a place.

The problem with bank safety deposit boxes isn't as much a bank run, but rather, the US government. When FDR made gold illegal in 1933, they also sealed all the safety deposit boxes until they could be searched for gold. In some cases people got FRNs for them, but in others there were claims they didn't.

 

My 1,200 pound safe works great!!

 

Do not try this with silver but this would work using gold bullion. Dig a deep hole, bury the bullion and build a dog house over it with the family dog living there who does not like strangers.

 

Citation needed. Analysis at https://www.kitcomm.com/showpost.php?p=951073&postcount=27 by one of the sane people on that forum. See also http://en.wikipedia.org/wiki/Executive_Order_6102.

 

There was no national seal and search of safety deposit boxes. That's a goldbug fantasy.

 

I keep mine at Ft Knox

 

Thanks, I was wondering about the first post. for those of you who, ahem, may have any kind of tax issues, please know that safe deposit boxes are regularly subpoenaed and searched. That is the only issue I would have with them.

I agree also that an 1100 pound safe, bolted to the concrete floor, does slow them down. Wall safes and boxes are worthless, for safes you need MASS and bolting to a surface that two guys with prybars cannot easily break off. I have read many reports of wall safes just popped out of the wall, and large safes just popped loose from bolts into wood floors. Mine is bolted into solid concrete, but I still keep gold and valuable coins offsite.

 

Zombie Apocolypse!

They'd probably get sick as soon as they open the door lol

http://www.youtube.com/watch?v=-XTwWqzKeXc

As soon as I own gold, I'll let y'all know. However, I would send mine through a time machine.
Or on a more serious note, buy an old truck that doesn't run and stick it in the back yard. Pull the bed off and cut a hole in the top of the gas tank. Cover the hole with something and put the bed back on.

 

Kitco itself is not unbiased and wikipedia isn't a definitive source. I did not read the links as I don't do battle of the weblinks on these forums. If you choose not to believe that is your prerogative.

 

Fatima,

Its pretty widely known that the 1933 double eagles were stored in Safe Deposit boxes in a Philadelphia bank. Why wouldn't of those been the first coins impounded, since technically they were illegal to own, beside the point of being gold. If safe deposit boxes were searched those would have been the first impounds.

 

Don't you care whether it's true?

 

Any moisture left in the gas tank would begin to rust it. Your gold would be sitting on the ground in a couple of years.
Sorry to be a spoilsport.

 

This isn't the point. The point is that I can post just as many weblinks that would say exactly the opposite. Such posts are dull, a waste of time, and don't accomplish anything. However I will point out that I have heard this from people who were alive at the time which also means nothing as it is a personal acnedote, but I won't take a wikipedia link and a post from someone on another forum as proof they were wrong.