About that safety deposit box debate....

Discussion in 'Silver' started by Niveka, Jun 29, 2015.

  1. Charles Thorn

    Charles Thorn New Member

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    Yes I also agree to a degree. But lately I've been thinking that the more you diversify your storage locations the more risk you're opening yourself up to. Take a precious metals storage company like maybe GoldMoney.com. You can spread your gold out to several different countries. But doesn't that open you up to more risk? Now, if any one of those countries confiscates your gold you lose. Right? I guess it depends upon how you look at it.
     
  2. Charles Thorn

    Charles Thorn New Member

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    I'm one of the few people who have a free safety deposit box. Yet I don't use it. I guess it's more about being lazy for me. My safety deposit box is a 25 minute ride each way. Lol
     
  3. Revils

    Revils Well-Known Member Silver Stacker

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    Keep it at work office in plain site, people are too stupid to realise what it is.
     
  4. SilverDJ

    SilverDJ Well-Known Member

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    Security by obscurity works.
    A 100oz lump makes a great door stop.
     
  5. Charles Thorn

    Charles Thorn New Member

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    I keep my silver in a licensed precious metals depository as opposed to a safe deposit box. I feel safer with that. Even that has a risk. Anytime you put your wealth in someone else's hands you risk losing it.
     

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