Hurricane Florence has me thinking...

Downtown1974

I’m nowhere near the path of this beast, but I’ve been recently thinking about what if I needed to evacuate. It would be so much easier to pack a couple of PCGS boxes full of graded gold, than the boat anchor boxes of silver I have. It would almost be easier to hide it in the upper level of my home in water tight bins and roll the dice that it remains when I return. I love silver, but this storm has me thinking about converting some silver to gold.
Thoughts and prayers to any of our fellow members in the path of Florence.

1630Boston

Many have thought of this , it is a true dilemma.
I need to give it some more thought.
If you believe you will be returning it would be possible somehow to 'hurricane proof' a silver stash.
I must think.

1630Boston

Great post, by the way

GRANDAM

If your house blows or floats away your stash will become a Treasure find for some future treasure hunter.

If it didn't get looted before then,,,,,, I would never leave it. JMHO,,,,,,

MsMorrisine

I think we're going to need a bigger boat

WildIdea

The storm looks rough from here. Thoughts go out to our fellow countrymen.

Maybe one box of non graded gold would be fine for a bug out backpack. One could have several oz of gold in flips ruberbanded together in your front pocket and nobody would know.

Smudge

Enough silver will keep your house from floating away.

metalmeister

Great comments fellas. Seriously, pray for those folks in the low lying areas. I moved from beach elevation up to 260 ft+ inland a bit. I sleep alot better.

JJM

I condensed my stuff a few years back
2/3 boxs of 20, and all the bars are in the bank in the top row of the vault
Moved to FLA 2 years ago and road out 2 storms , aint for the faint hearted thats for sure
Be safe ppl

shinywhite

I went through this very situation a couple of years ago for 2...yes 2 consecutive years. We had flooded severely and I lost my house. I rebuilt my home from the ground up, right when I finished about 4 months later,we had another flood. Thankfully, it didnt get me this time but it was very close. Both times, I brought every ounce of pms I owned. Albeit, my stack is nowhere near the likes of some of you guys on here. 2005 Hurricane Katrina devastated us and a few years later...Hurricane Rita devastated us. I know what they are going through. My thoughts and prayers are with them

Timbuk3

Something we all need to consider. Good luck and keep safe !!!

Baley

Some folks only buy as much silver bullion as they can carry by themselves in a large box in one trip, then put additional PM money into denser assets, such as gold, platinum, and rare numismatic coins. A full Dansco 7070 type set album with gold can be worth $20k and looks and carries like a slightly heavy book or photo album.

1630Boston

Interesting approach

carew4me

Interesting conundrum for Silver stackers. I should add that converting Silver-->Gold does not appeal to me because I exclusively stack silver for future parabolic industry potentials that only apply to Ag.

FYI: 48 SAE tubes fit perfectly in a 50 cal ammo box.
...and if I need to flee I can strap it my wife's back. "get goin girl" "Heyaa".

jdimmick

I don't hoard silver or gold bullion, but lots of places around here were flooded to the point of people having to leave their homes. Some looting did occur . If I had not been on higher ground, I would have carried my coins with me period.

tell you this, my bank where my sdb is located was closed for an entire week due to the flood. however coins were not there either during this time. !!!( I would not have been able to get to them))

TwoSides2aCoin

...when life is more important than material things, I pray. Thanks for the reminder, because "our" people are affected.