The goal of this document is to give you some simple rules of thumb and creative thought- provoking ideas on how to safely hide and protect one’s bullion coins and bars. With safety in mind, the following are some general guidelines everyone should consider when storing silver and gold first-hand in an apartment or home, on a farm, or even with a trusted third party.
Silver is one of the precious metals second in popularity from gold. The ancient men used it as money. By and by other uses came up such as making clothing, American silver eagle , jewelry, electrical appliances wood preservatives, Silver spot price , Silver price per ounce , Gold and silver prices today and water and food purification.
Please note, we do not endorse any of the specific suggestions we are about to make. This document is written with entertainment in mind. Each and every bullion buyer must remain solely responsible for the safekeeping of their very own holdings.
When one decides to buy and take possession of physical silver and gold bullion (coins, bars, and/or rounds), the question arises of where to take delivery and how to safely hold the items for the long term.
In a historic context, there is likely no greater protection against theft than owning one’s valuables close at hand while also simultaneously having the items well hidden, out of sight and mind from any threats which may attempt to seize said precious property.
Rule #1 ➜ Shut Up
It is very important to maintain discretion by keeping one’s holdings as private as possible. This means to either never acknowledge and/or only disclose hidden valuables to the most trusted loved one(s). The more people who know about a stash of valuables, the more risk there is that someone will take advantage of that intimate information.
Rule #2 ➜ Limit Knowledge
Historically, the biggest threat to your bullion stash is not some rogue government or military.
The biggest threat to your most valuable possessions is potentially your neighbor, housecleaner, gardener, rebellious child, angry spouse, and …. fill in the blank.
Rule #3 ➜ Preservation Via Diversification
Diversifying your physical storage locations may make sense, depending on the size of your bullion stack. If one has a substantial amount of bullion holdings, it may make sense to mix up locations of where and how the metals are held, whether that be multiple hidden locations within the same domicile or spread internationally amongst various countries and geopolitical arenas.
Rule #4 ➜ Never Underestimate
Never trivialize a thief’s drive to find your stash through the use of coercion or even outright violence. Be prepared to even acquiesce a small portion of your valuables to save your life and/ or the life of a loved one.
Rule #5 ➜ Diversion Insurance
The use of multiple diversion stashes may be very handy to bullion stackers. For example, the use of a cheap obvious safe stacked with clad bullion copies and/or a small stack of bullion you’d be willing to lose in the case of home invasion may come in handy.
Rule #6 ➜ Unsafe Bank Deposit Boxes
A major mistake many beginning bullion buyers make is to store their physical bullion inside a bank’s supposed safe deposit boxes. The reason this is an unsound decision is multifaceted.
Bank safe deposit boxes are not federally insured, private, or convenient, nor are they all that safe.