Where to hide your precious metals

[Corydoras]

A lot of people on these boards seem to be getting into precious metals for the first time, so I wanted to post links to a bunch of ideas.

http://www.savingadvice.com/blog/20...o-hide-money-conversation-with-a-burglar.html

http://www.pfadvice.com/2007/03/06/dont-hide-money-in-the-toilet-more-conversation-with-a-burglar/

http://www.savingadvice.com/forums/...ide-money-your-house.html?highlight=hide+gold

Just be creative. It's actually not hard to think of other places besides the ones they mentioned in these pages. When you read them (and the comments from readers), you get the general concepts what is a good place and not (someplace you'll forget, for example), and you can make up some ideas.

 

[Shed]

Pretty funny that so many people are willing to brag online about where they hide all their money.

 

[JSutter]

Buy the largest heaviest gun safe you can find and bolt it to the floor and wall with grade 8 bolts. You'll spend $600-$1500 but it will last you a lifetime, it's secure and it's convenient to access when you need it. Keep your metals, guns, personal papers, birth certificate, passport, etc in there. Anyone breaking in your house will realize it's a waste of their time to try to break into it and if it's properly bolted they won't be able to budge it.


If you have guns it's well worth the peace of mind knowing there will never be an accident in your home when you're not there. A friend of mine had her old rusty shotgun in her room and her 12 year old son got it, found the shells, and blew a hole the size of a dinner plate in her window air conditioning unit because he didn't think the gun really worked. She's lucky that is all that happened because his sisters were home and there were other kids around too.

 

[Corydoras]

One big problem with a safe is that if you're home when burglars arrive, all they have to do is threaten to kill you or someone in your family if you don't open the safe, and then they have access to it all, in contrast to multiple hiding places.

 

[IChooseLiberty]

One big problem with a safe is that if you're home when burglars arrive, all they have to do is threaten to kill you or someone in your family if you don't open the safe, and then they have access to it all, in contrast to multiple hiding places.

And that's where the loaded .45 Cal sitting inside the safe comes into play

 

[Corydoras]

And that's where the loaded .45 Cal sitting inside the safe comes into play

I think the burglars still have the advantage in that situation, particularly if one of them is across the room with a gun to the head of a junior family member.

I'd just as soon rubber-cement a few Krugerrands to the underside of the coffee table, ya know? But YMMV.

 

[Laja]

'''

 

[constitutional]

'''

oh my, the suspense!

 

[piotr1]

Why not have the safe hidden? behind a movable bookshelf or something? Then you have the best of both worlds.

 

[Meatwasp]

No One ever mentions to hide it outside. Especially the metals in a dope hole so a high powered metal detector can't reach it.
The bank is a good please if it doesn't collapse.

 

[Meatwasp]

I meant deep hole and place instead of please. My fingers type faster than my brain

 

[Truth Warrior]

You all may hide them at my house.

 

[Dave Pedersen]

You don't have any and neither do I.

 

[Dr.3D]

You don't have any and neither do I.

Yeah, I don't have any, that's for sure.

 

[constitutional]

You don't have any and neither do I.

Same here, I have nothing to hide.

 

[jonahtrainer]

Same here, I have nothing to hide.

Me also. Gold, what gold? Oh, that gold .... I had to buy food with it.

 

[Allen72289]

During the great depression people would hide their precious metals inside walls.

It is a common rumor among metal detectors to find mason jars full of precious metal coins while metal detecting along the walls in old houses.

For an easy hide away I would pick the wall, second would be a fire proof safe in the rafters of the floor, third and best choice is a safe cemented into a concrete floor that is flush and hidden.

 

[LibertiORDeth]

Try Liberty Island.

http://www.ronpaulforums.com/showthread.php?t=122743

 

[JSutter]

There was an article in the news about two months ago about a guy who was remodeling his friends bathroom for her. He found a stash of cash from the 30's with about $1000 in bills and she agreed to split whatever he found with him.

Then he found a lot more in another wall and she went back on her word and wanted everything so he sued her and now their in court over it.

He could've just kept his mouth shut and walked away with everything but he tried to be fair and she tried to screw him.

 

[JSutter]

http://blog.cleveland.com/pdworld/2007/12/he_found_182000_in_her_bathroo.html