col0016 said:
I'm new to this and just wondering where you guys hold your gold and silver?
I'm considering buying a safe...
Any advice?
It is a good question and one we all ask, however most are not going to explain where they hide their stash
Some questions you need to ask, how much will you be stacking ? Will it be more Gold/Silver ? What is the demographic, do you share a house/flat etc... Then once you have some answers you can start to investigate things like
- Insurance
- Safes
- Banks
- Private Storage (I believe there is one in Sydney)
Some people, bury, some use safes, some put holes in walls, some put it in plain site, I read a story of a person using 400oz bars (I think) as a bottom step to the cellar. Put it in the water tank outside etc... Whatever you choose to do, you do but keep it to yourself this is the safest thing above all else.
You may want to consider paper instead such as Perth Mint certificates. Good luck with your choice.