Where do you keep your PMs?

Discussion in 'General Precious Metals Discussion' started by WilliamGoldman, May 13, 2011.

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  1. WilliamGoldman

    WilliamGoldman New Member

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    A warm hello to everyone on these forums as this is my first post :)

    I've been thinking about getting into PM trading lately and was wondering where the people here actually keep theirs. Who goes for storage facilities - or do you just keep a safe at home? One thing I've always wondered about safes... if someone were to break in, wouldn't a safe be an obvious target for theft? Sorry if that's a n00b question, but I'm still learning.

    Cheers!
    Will
     
    WilliamGoldman, May 13, 2011
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  2. hem9

    hem9 Active Member Silver Stacker

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    Wouldn't you like to know ;)
     
    hem9, May 13, 2011
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  3. zurnaik

    zurnaik Member

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    I know someone with a sizeable stack of gold and numismatics who keeps them in a gun safe at home that is properly bolted to the floor. You can get the safes off eBay :) Other people lease safety deposit boxes which can be quite cheap to hire. Enough to give you a few years of storage to become equal the cost of buying a safe outright.

    There are also 'creative' ways to store them such as ballast in your boat :) (That 'boating accident' everyone talks about might become more plausible in this scenario..)
     
    zurnaik, May 13, 2011
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  4. silverfunk

    silverfunk Active Member

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    offsite storage... too risky at home, i know alot of dodgy people lol
     
    silverfunk, May 13, 2011
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  5. WilliamGoldman

    WilliamGoldman New Member

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    Yes, but when the seeds of my investments finally come into fruition, everyone will be able to see it and help themselves :p

    That's pretty useful advice, thanks.
     
    WilliamGoldman, May 13, 2011
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  6. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    Welcome
    [​IMG]
    Now you just have to find the book
     
    spannermonkey, May 13, 2011
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  7. Graeme

    Graeme Member Silver Stacker

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    My research tells me the book could be "Chronicles of the 20th Century". If so, the 1392 pages makes a nice thick book to hide PM in. :)

    I store my metals in a very safe location which is ...............<internet failure>.
     
    Graeme, May 13, 2011
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  8. reflection

    reflection New Member

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    I marked it so I find easy when drunk :)
     
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    fishball New Member Silver Stacker

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  10. projack

    projack Well-Known Member Silver Stacker

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  11. thatguy

    thatguy Active Member

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    In the ground in tiny little bits surrounded by heaps of dirt. BAD idea cause then this company Valencia Ventures sticks a bloody mine right where I had my stack! Oh well its only money :p
     
    thatguy, May 13, 2011
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  12. goldpelican

    goldpelican Administrator Staff Member

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    Thought that looked familiar!

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    ozbullion Well-Known Member Silver Stacker

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  14. euphoria

    euphoria New Member

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  15. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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  16. projack

    projack Well-Known Member Silver Stacker

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  17. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    millededge Active Member

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    millededge, May 14, 2011
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  19. reflection

    reflection New Member

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    To help out this is the marker: http://en.wikipedia.org/wiki/Marree_Man
    Do you like my design?
     
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  20. samboyellowsub

    samboyellowsub Member

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    all over the place = risk management
     
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