Be careful and Be Wise

[Ipv6Ready]

Safest place to store your cash is at your bank.

Chance of your cash or stash been stolen in your possum or secret hidden place is so much higher it can't be calculated.

When is the last time just here in the forum you heard of a member who had their cash or pm stolen.
When is the last time you heard some bank taking silver or gold

If you are worried about government confiscating saving just have $250,000 or less in each bank.
In every OECD country that was bank guarantee even when banks fail government paid you up to the guarantee

Of course if you have more than $2.25m you will have to take some risk as their is not many banks.

 

[Skyrocket]

Safest place to store your cash is at your bank.

Chance of your cash or stash been stolen in your possum or secret hidden place is so much higher it can't be calculated.

When is the last time just here in the forum you heard of a member who had their cash or pm stolen.
When is the last time you heard some bank taking silver or gold

I don't trust banks SDB in event of banking collapse or closure like Greece, ect. So I got my stack in a private SDB. If a banking collapse/closure happens I will still have access to my stack.

 

[Shaddam IV]

Safest place to store your cash is at your bank.

Chance of your cash or stash been stolen in your possum or secret hidden place is so much higher it can't be calculated.

When is the last time just here in the forum you heard of a member who had their cash or pm stolen.
When is the last time you heard some bank taking silver or gold

If you are worried about government confiscating saving just have $250,000 or less in each bank.
In every OECD country that was bank guarantee even when banks fail government paid you up to the guarantee

Of course if you have more than $2.25m you will have to take some risk as their is not many banks.

The don't pay you your cash under the bank guarantee, they will pay you in shares in the failed bank if the European experience is anything to go by.

 

[SilverDJ]

Agreed missing. But I think you are missing the point of the article. The Feds can come in and kick your doors down and take all your stuff and you have to prove your innocent. That's a long hard ride to travel and costly too.

Come on, be realistic, it's not going to happen unless they have secretly investigated you and suspect you are doing something naughty.
Worst case in terms of metals is you sell some and you don't tell the tax department you made capital gain on it. In that case they aren't going to find out unless they audit you, and you'd have plenty of time to know they might be coming for it, it's not going involve a SWAT team kicking your down down at 4am in the morning.

 

[SilverDJ]

I wish my annual tax bill was $5M.

Tax is a good problem to have.

 

[Ipv6Ready]

I don't trust banks SDB in event of banking collapse or closure like Greece, ect. So I got my stack in a private SDB. If a banking collapse/closure happens I will still have access to my stack.

Everyone have to consider there own twist to what is safe for them, but almost anything is safer that storing at home, and out right dangerous if you have a sizeable stack.

 

[Ag bullet]

Come on, be realistic, it's not going to happen unless they have secretly investigated you and suspect you are doing something naughty.
Worst case in terms of metals is you sell some and you don't tell the tax department you made capital gain on it.

or only ever claim capital losses. lol
do FTF cash and never deposit it into a bank account and they still wouldn't know.