This is interesting. I wonder if a bank goes under, and you have something in a safe deposit, do their terms stipulate that they can take possession of it in order to repay other creditors first?
I wouldn't trust having it anywhere but in a safe at your property, or buried in the ground.
I suspect in most cases you will have time to pull it out. It's a risk,but so is everything else.
I have a combination of gun safe and hidden and safety box. My house is pretty secure,but not everyone has that luxury and gun safes are not that hard to break into.
Also, buy big ticket items you're considering purchasing. For instance, if you're looking at a home remodel, or appliances, cars, workout equipment, guns, etc... now would be a really good time to buy it.
In Australia...here we see all these vids of 'merica "gun safes". Which are hidden bookshelves, bed heads etc. While cool theyre obviously not fire proof
This meme is all wrong unfortunately.
When bank runs happen, the people in line are not smiling… because the money is already gone.
Not to mention that some of us patriots just need to buy some eggs and fill up their gas tank to drain their account these days.
You're smiling if you are first in line, and he's giving you your cash
You're right about that, which is why I've been drawing down my cash for the last 4-5 months.
I would definitely be nervous if I banked with a nation wide bank. Small, conservative and local will fare better, IMO.
I have more cash in my pocket than in my credit union.
And I also have 1,000 oz of silver in the credit union save deposit box. And more in my gun safe.
This is interesting. I wonder if a bank goes under, and you have something in a safe deposit, do their terms stipulate that they can take possession of it in order to repay other creditors first?
I wouldn't trust having it anywhere but in a safe at your property, or buried in the ground.
I suspect in most cases you will have time to pull it out. It's a risk,but so is everything else.
I have a combination of gun safe and hidden and safety box. My house is pretty secure,but not everyone has that luxury and gun safes are not that hard to break into.
Would hate to be a bank teller now
The question is, where do you put it?
Gold, silver, real estate (or pay down debt)
Also, buy big ticket items you're considering purchasing. For instance, if you're looking at a home remodel, or appliances, cars, workout equipment, guns, etc... now would be a really good time to buy it.
Not in the decoy safe.
And gun safes are fire proof. Or at least here
If you are going to use a safe --- use a floor safe
Lol, what? at least where?
In Australia...here we see all these vids of 'merica "gun safes". Which are hidden bookshelves, bed heads etc. While cool theyre obviously not fire proof
Silver and lead are good weights for your safe in my opinion.
Do you literally mean, to weigh it down so it's too heavy to move?
No, I don't. Are they typically fireproof as well? Any particular brand that you recommend?
Thanks.
If they don’t have money we deposited, that means they lent it and spent it
except now this can be done digitally - moved to another bank/credit union - at least, until the bank catches on and shuts it all down