Care to share with us your story and why do you think it's safer to keep gold in your home?
Personally I prefer to keep on me, or with me, as little valuable things as possible. Nothings beats the safety of a safe deposit box in a reputable bank. IMO
Looks good at first glance. It's only available to US residents, isn't it? How is it better than GoldMoney for example?
A safety deposit box at a solid bank could be an option if you can insure the content. I don't know a single bank that insures the content of safety deposit boxes in case something happens, when you sign that contract they clearly tell you that.
Make sure the bank you choose has no plans of merging with another bank, although you rarely know about that beforehand.
I had a box in a bank with jewelry, money, and documents, I didn't visit the bank for a few months, I was away traveling, when I finally went to the bank it had closed, and all the boxes had been moved to another branch near by, yes I almost had a heart attack.
Imagine going to another bank where you've never been before and someone says to you "the boxes are in the process of being moved to this branch, but they haven't arrived yet, we will let you know when your box arrives at this branch."
A few months went by, finally the day came, I crossed my fingers as I opened the box in one of those little rooms that banks have for customers to check their boxes. Luckily everything was still there, but it's not something I want to go through ever again.
I'm now going through a worse situation as the bank that I was banking with, a full reserve bank, was closed by the Regulator. It's been 13 months since customers lost access to their money, no idea when or how much of our money we will get back.
So moral of the story, there are always unforseeable event that can happen at any time when you least expect it.
I am going to sell the Gold that I have stored in a vault facility, I will buy Gold and I will make a hole under my bed, if there's a fire the Gold will be fine, if a thief gets into my home, no way he will find it, if I die my wife and children will know where the Gold is.
Once you go through what I've gone through you become paranoid. I want to sleep at night knowing that my stuff is in my control, I do not want any more nasty surprises if I can avoid it, it's not worth it, trust me.
Care to share with us your story and why do you think it's safer to keep gold in your home?
Personally I prefer to keep on me, or with me, as little valuable things as possible. Nothings beats the safety of a safe deposit box in a reputable bank. IMO
Looks good at first glance. It's only available to US residents, isn't it? How is it better than GoldMoney for example?
You can use Qenta even if you're not a US resident, but I've never used them, so I don't know how reliable they are.
www.silverbullion.com.sg
gcoin.com
www.offshorecorptalk.com
www.washingtonexaminer.com
