The Best Gold Storage Ideas You've Never Considered

mrearlygold

The Best Gold Storage Ideas You've Never Considered

The Best Gold Storage Ideas You've Never Considered


I can add one more, Intervault in Ft Lauderdale on Ocean Dr. Great place.

roadrunner

There's no sure fire method to avoid negative outcomes with gold stowage:

Private and secure vaults can go bad just like any other business. National Gold Exhange somehow went bankrupt in a gold bull market. So I'm sure a private vault is not exempted.
Foreign gold stowage sounds good but why can't it get confiscated at the other end if foreign laws are changed? Or what if the US applies pressure to those foreign vaults/banks?

roadrunner

BBQnBLUES

Prefer storing mine in Tupperware, buried in the backyard ! Less complicated the better

gimli89

Again I have to say 'in a van down by the river'.

CaptHenway

Back in the mid-80's, there was a private safety deposit box facility up in Denver that got looted under what were described at the time as questionable circumstances.

Also, I seem to recall reading about a private storage facility in, I think, Australia where the police drilled every box on the grounds that there must be contraband in some of them. Does anybody have that story?

TD

jmski52

I was making sales calls up in your neighborhood, Captn - down in Hammond, IN. Many of the facilities that I deal with are behind secured fencelines, and one day while I was waiting to be recognized by my customer, I was studying another building and the parking lot next door. Suddenly, an overhead door in that building opened up and two armed guards, with weapons drawn came out with an armored truck into the parking lot. Since I was the closest living thing in view, they focused right on me. I showed both of my palms and hollered over to them that I was waiting for their neighbors to open their gate.

Whew! Now, THAT's a safe facility.

JCMhouston

<< <i>I seem to recall reading about a private storage facility in, I think, Australia where the police drilled every box on the grounds that there must be contraband >>



I think that was in the UK this year, here is one link. Keep in mind the UK is even more of a police state than we are becoming. They can stop and search anyone, any time, anywhere, with no probable cause.

http://uk.reuters.com/article/idUKL0275401620080602

ebaytrader

<< <i>

I can add one more, Intervault in Ft Lauderdale on Ocean Dr. Great place. >>





Really? You think that's a great place?

CaptHenway

<< <i>

<< <i>I seem to recall reading about a private storage facility in, I think, Australia where the police drilled every box on the grounds that there must be contraband >>



I think that was in the UK this year, here is one link. Keep in mind the UK is even more of a police state than we are becoming. They can stop and search anyone, any time, anywhere, with no probable cause.

http://uk.reuters.com/article/idUKL0275401620080602 >>



Yes, that's the story, thanks.
However, the byline says June of 2008! Guess I remembered it wrong.

IIRC, there were followup stories about missing items, including gold, and people with gold or jewels being forced to prove that they came by it lawfully before they could get it back.

TD

Bear

You cant just stick em in your shorts?

JCMhouston

You are correct TD, it has been an ongoing saga with people trying to prove they legally owned something. There were some additional stories earlier this year but I don't have links to them.

yellowkid

I like to keep things nearby, I wouldn't trust an offshore safekeeper for a second. In the highly unlikely event of the government outlawing private holdings again, what good would an offshore account somewhere do you?
I like a small local bank that is in good financial shape, or a credit union.

TomB

I would not trust offshore and have no belief that a private storage facility would allow complete access to my holdings while also not compromising the security of my holdings. Pick your poison.

mrearlygold

<< <i>

<< <i>

I can add one more, Intervault in Ft Lauderdale on Ocean Dr. Great place. >>





Really? You think that's a great place? >>





Yeah, Mr and Mrs Bill Gilchrist Sr are good people. Back in the day they were never closed. Only time was when the beach was under mandatory evacuation for hurricane andrew and they were open again the very next day. You believe the b/s in that rag? Do you know the Gilchrists ? You called me back then and told me about the "plethora of problems" at Intervault. Those were your exact words. I ignored you because it was clear to me that you had incorrect info and were on the verge of slandering Mr and Mrs Gilchrist, or some other reason unknown to me then and other than pointing to a national enquirer wanna be, incorrect info now. Far as Bill Sr's arrest and imprisonment for laundering, do you KNOW what that was about or are you gleaning your info from that piece of crap newspaper? Now Bill Jr, may be a different story. I don't know. Now maybe I've been told something different then what a newspaper which caters to people with multiple piercings and the "seeming underground of broward cnty" says. Cmon. They have been in the same owned location since the 1970's and this pice of crap newspaper from 1997 is evidence of something shady going on?

We agree on many issues . This is obviously not one of them.

VikingDude

<< <i>Prefer storing mine in Tupperware, buried in the backyard ! Less complicated the better >>



Unless you live in the upper midwest. Six months out of the year your assets would literally be frozen.

derryb